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OnHiresOnHires

Head of Treasury — Crypto Exchange (UAE)

Location: Abu Dhabi, UAE (on-site)
Timezone: GMT+3
Employment Type: Full-time
Level: Senior Management

About the Opportunity

We are a recruitment agency partnering with a fintech company that is launching a regulated cryptocurrency exchange in the United Arab Emirates.

Our client is currently in the final stages of obtaining a Capital Markets Authority (CMA) license and is building out its core leadership team as part of the regulatory approval process.

The business is backed by founders with a proven track record of building and scaling a profitable crypto exchange operating in the CIS region. The new platform will leverage an already tested technology stack and operational model, with a clear 5-year growth strategy and an ambition to reach IPO.

We are now looking for a Head of Treasury — a key senior management function holder who will be responsible for liquidity, client asset safeguarding, and treasury operations, with direct accountability to the regulator.

Role Overview

This is a critical regulatory and operational leadership role, responsible for ensuring:

  • Full protection and segregation of client assets

  • Strong liquidity management across fiat and digital assets

  • Compliance with CMA requirements and regulatory standards

You will act as a designated senior manager accountable to the regulator and play a key role in building the treasury function from the ground up.

What You Will Be Doing

Treasury Strategy & Liquidity

  • Define and execute treasury strategy aligned with regulatory and business requirements

  • Manage liquidity across fiat and digital assets

  • Design liquidity buffers for normal operations and stress scenarios

  • Implement stress testing and contingency funding plans

Client Asset Safeguarding & Custody

  • Design and implement client asset segregation frameworks (client vs company funds)

  • Oversee custody setup, wallet structures, and banking arrangements

  • Ensure accurate reconciliation between:

    • on-chain vs off-chain balances

    • internal ledgers vs external custodians/banks

Treasury Operations

  • Oversee daily treasury activities:

    • cash management

    • crypto asset transfers

    • settlements

  • Implement dual control, approval workflows, and access controls

  • Manage relationships with banks, custodians, PSPs, and liquidity providers

Governance, Policies & Reporting

  • Establish and maintain treasury-related policies:

    • Treasury Policy

    • Client Asset Safeguarding Policy

    • Liquidity Risk Management Policy

  • Ensure policies are CMA-compliant and board-approved

  • Provide regular reporting to senior management and the Board on liquidity position, asset balances, and treasury risks

Risk Management

  • Identify and manage treasury-related risks:

    • liquidity

    • counterparty

    • custody and operational risks

  • Define risk appetite and exposure limits

  • Monitor counterparties and financial partners

Regulatory & Compliance

  • Act as a key point of contact with the CMA

  • Support regulatory inspections, audits, and reporting

  • Ensure compliance with client asset protection and operational control requirements

Must-Have Requirements

  • 10+ years of experience in treasury, finance, or asset management

  • 5+ years in a leadership role (Head / Director level)

  • Experience in a regulated financial environment:

    • banking

    • fintech / payment providers

    • brokerage (FX / CFD)

    • crypto exchange

  • Strong experience with:

    • liquidity management

    • client asset safeguarding / client money

    • treasury operations and settlements

  • Experience working under financial services regulation (CMA, FCA, MAS, DFSA, or equivalent)

  • Hands-on approach with strong ownership and accountability

Nice to Have

  • Experience in crypto exchanges or digital asset platforms

  • Familiarity with custody solutions (wallets, MPC, custodians)

  • Experience interacting directly with regulators

  • Arabic language skills

Not a Fit

This role is not suitable for candidates with:

  • purely corporate treasury background (e.g. internal cash management, FX hedging)

  • accounting-focused roles without exposure to client funds

  • no experience in regulated financial environments

Location & Relocation

  • This is an on-site role in Abu Dhabi due to regulatory requirements

  • Candidates should either:

    • already be based in the UAE

    • or be open to relocation

  • Our client provides:

    • relocation support

    • visa sponsorship

    • assistance with housing

Compensation: Competitive, discussed individually. Relocation candidates will receive additional support, including relocation assistance, visa sponsorship, and housing assistance

Why This Role

  • Opportunity to join a regulated crypto exchange at launch stage

  • Direct exposure to regulator and executive leadership

  • Build treasury function from scratch

  • Join a business with a clear 5-year growth plan and IPO ambition