Short answer
Treasury management governs liquidity, banking, funding, investments, and financial risk within approved policies. Use it where a role manages financial counterparties or instruments, while assessing documented decisions and controls rather than market outcomes alone.
About Treasury management
Manages liquidity, banking, funding, and financial risk within approved policies. The work connects cash positions, counterparty access, financing terms, authorized transactions, exposures, and decision records.
Use this competency for
- Roles that manage bank access, liquidity placement, funding activity, or defined financial exposures.
- Work that executes and documents treasury decisions within approved authority and policy.
Do not use this competency for
- Roles limited to maintaining an operating cash forecast without banking, funding, investment, or risk responsibility.
Important distinctions
Cash flow management
Treasury management covers banking, funding, investments, and financial risk, while cash flow management focuses on operating cash timing and gaps.
Financial planning
Treasury management acts within approved liquidity and risk policies, while financial planning models the organization's broader future financial path.
Expectations by level
IC1
Treasury operations support
Completes defined treasury operations with guidance, verifies instructions and approvals, updates position records, and retains evidence for review.
Observable behaviors
- Updates bank balances and authorized transaction records from source evidence.
- Checks payment or transfer instructions against approval requirements.
- Escalates access, limit, or confirmation differences before execution.
Examples
- Prepares an approved interaccount transfer and stops when the instruction exceeds the documented authority.
- Updates a daily position report and identifies a bank balance that has not reconciled.
IC2
Independent treasury ownership
Independently manages a defined treasury area, compares available actions within policy, coordinates execution and settlement, and monitors resulting positions and exposures.
Observable behaviors
- Compares counterparties or instruments using policy criteria and complete costs.
- Plans transactions around forecast liquidity, limits, approvals, and settlement timing.
- Reconciles completed activity and reports breaches or near-breaches promptly.
Examples
- Compares approved short-term placements by access, term, counterparty limit, and net return before documenting a choice.
- Coordinates a funding draw with forecast needs and confirms fees, authorization, and settlement records.
IC3
Treasury policy application
Shapes treasury practices across entities or material exposures, frames funding and risk trade-offs for decision-makers, and defines monitoring and escalation within approved policy.
Observable behaviors
- Defines position, exposure, counterparty, covenant, and access reporting across teams.
- Models funding or risk actions under multiple market and operating assumptions.
- Recommends policy or limit changes with evidence, alternatives, and approval needs.
Examples
- Builds a multi-entity liquidity view and proposes transfer thresholds that respect local restrictions and operating needs.
- Compares refinancing paths under several rate and timing assumptions and records the decision criteria.