Treasury Operations Specialist

About Klarna

Klarna was founded in Stockholm, Sweden in 2005. Since then we've changed the banking industry forever. And now we're creating the world's smoothest shopping experience. We serve over 90 million consumers worldwide, and partner with 250,000 merchants – with a new merchant joining us every 8 minutes. Including some of the world's leading brands, such as H&M, ASOS, IKEA, Adidas, Samsung and Lufthansa. Our offices are spread over 17 different markets, hosted by 5000+ employees from 100+ nationalities.

Treasury Operations is an instrumental part of Klarna’s Treasury function. We aim to efficiently distribute Klarna’s funding, cash flows, and enable efficient banking infrastructure. We play an important role when Klarna is entering into new markets, for which we establish banking partner relationships, as well as managing intra-group funding efficiently. We provide innovative, reliable, and high quality treasury operations management that enables accomplishment of Klarna’s business goals whilst optimising banking cost from a balance sheet and P&L perspective.

Klarna is growing its business. We’re now looking for a person having experience of developing and improving processes for cash and liquidity management, matching and settlement of financial assets and administrative tasks like bank account access processes.

What will you do

  • You will work in a high performing team responsible for the following:

  • Daily cash and liquidity management
  • Managing board limit set-up to monitor counterparty credit risk on a daily basis.
  • Bank account set-up with partner banks and central banks for new, as well as existing markets
  • Managing KYC documentation and extensive compliance onboarding requirements for new entities with either existing, or new banking partners
  • Integration of newly acquired or merged companies into the bank account structure of Klarna
  • Participate, and to some extent drive intra-group financing activities for around 50 legal entities located in 24 countries across four continents
  • These activities need to be liaised with several stakeholders across the CFO Domains to execute the Group’s funding requirements
  • Bank account access administration
  • Matching & Settlement of bonds and derivatives such as FX and Interest rates swaps
  • Collateral Management for non-cleared derivatives in accordance with ISDA/CSA
  • Key stakeholder in all banking relationships, including custody relationship management

  • The team is also responsible for partnering with stakeholders to develop ways to automate the operational processes through enhancing treasury workstation programs and integrating with other internal financial systems to streamline the reporting process

Who you are

  • Klarna is looking for ambitious people with significant drive!
  • You should enjoy a dynamic and international working environment
  • You have strong attention to detail while not forgetting the overall strategy
  • Humble and easy going personality that thrives in an open environment
  • You love to be a part of a dedicated team, is prestigeless and open to new ideas
  • You strive to find what is best for Klarna
  • At Klarna we embrace change, you should dare to challenge the status quo and be persistent

You should have

  • Possess a university degree within engineering, economics or finance and have a strong interest in the financial markets and how they work
  • Applicable 3+ years- work experience from working with Treasury Operations and Matching & Settlement of cash flows and financial assets at a bank, corporation or other financial institution
  • Demonstrate experience on automating cash management/operational processes
  • Worked with central bank integrations
  • Exhibit knowledge in portfolio management and other treasury management systems (SAP-S4Hana and Quantum preferable)
  • Demonstrate experience in project management and implementation of new systems
  • Previous experience with developing procedures and strategies to optimise the treasury management function of the company.
Do you recognise yourself in the text? Do you want to be a part of disrupting the idea of banking and paving the way for customers and merchants alike? Apply with a resumé or CV in English.

Klarna is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and candidates. Please refrain from including your picture and age with your application.