Are you being paid what you're worth in treasury?

In this solo episode, Mike Richards, CEO of The Treasury Recruitment Company, breaks down the latest findings from our global Treasury Salary Survey, revealing eye-opening trends, benchmarking insights, and actionable tips for advancing your compensation in 2025 and beyond.

Mike Richards is the CEO and Founder of The Treasury Recruitment Company.

With over 25 years of experience in treasury recruitment globally, Mike brings unmatched expertise in salary benchmarking, market trends, and career progression insights for treasury professionals.

What You'll Hear in This Episode:

The history and evolution of the Treasury Salary Survey, now representing 1,600+ professionals globally

How real, verified data from actual treasury practitioners sets this survey apart from others

Why job titles can be misleading and how Mike classifies roles more accurately based on experience and responsibility

Regional salary breakdowns:

• UK: Rapid rise in junior-level salaries
• North America: Highest bonuses and growing demand at senior levels
• Europe: Sits between UK and US with significant variance by region

Compensation details:

• Base salary
• Bonus
• Car allowances and their tax advantages

Trends in remote work vs. hybrid setups and how this is shifting globally

Why job satisfaction increases with seniority and how leaders can improve retention

What factors matter most to treasury professionals:

• Career progression
• Autonomy
• Work-life balance
• Meaningful work

Common reasons people leave treasuryroles and how to proactively address them

You can connect with Mike Richards on LinkedIn.

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🎙️ Subscribe to the Treasury Career Corner podcast - Never miss an episode! Subscribe on your favourite platform:

CLICK HERE for 🎧Spotify Podcasts

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📊 Managing short-term cash and investments - Without the right technology is a huge risk for modern treasurers. ICD changes that!

🎓 Save $150 on CTP, FPAC & AFP Boston 2025 – Exclusive discounts for treasury professionals – thanks to our trusted partners.

🧠 Leadership Under Pressure – Practical tools and coaching that work – from the team at Gazing Leadership

🧩 What if your whole team had one clear view of your group structure - Fuseable makes it happen

🔐 Managing signatory lists manually? Cygnetise gives treasury teams a smarter, safer way

👉 FIND OUT MORE HERE https://treasuryrecruitment.com/partners/

What does it take to lead a top-tier treasury team in today’s fast-evolving corporate world?

In this special live-recorded episode of the Treasury Career Corner podcast, three seasoned treasury leaders share how they built and led high-performing teams while navigating complex global challenges.

Join Mike Richards as he chats with these three global treasury leaders:

• Mags Bourke, Global Treasurer at Duracell
• Declan Doorly, Head of Group Treasury at DCC plc
• Phillip Learoyd, Group Treasurer at OCI NV

Hosted live in London, this episode dives into the real-world challenges and successes of building and leading treasury teams in global, high-growth, and decentralized environments. You’ll hear how these treasurers have navigated career transitions, championed digital transformation, and maintained strong internal and external relationships - all while keeping treasury at the strategic core of their businesses.

Whether you’re early in your treasury career or leading a team yourself, this episode is packed with actionable insights and leadership wisdom.

Main topics discussed:

• Unique career paths into treasury: from construction sites to consulting
• Building treasury from scratch in large global companies
• Key traits and values when hiring treasury team members
• Balancing automation with the human element in treasury operations
• Managing global and remote treasury teams effectively
• The strategic importance of treasury in decentralised business models
• Using training and internal advocacy to strengthen treasury’s business role
• Navigating change, transformation, and technology with limited resources
• Building credibility with CFOs and other senior stakeholders
• Real-world examples of treasury leadership during periods of growth and uncertainty

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🎙️ Subscribe to the Treasury Career Corner podcast - Never miss an episode! Subscribe on your favourite platform:

CLICK HERE for 🎧Spotify Podcasts

CLICK HERE for 🍏Apple Podcasts

📊 Managing short-term cash and investments - Without the right technology is a huge risk for modern treasurers. ICD changes that!

🎓 Save $150 on CTP, FPAC & AFP Boston 2025 – Exclusive discounts for treasury professionals – thanks to our trusted partners.

🧠 Leadership Under Pressure – Practical tools and coaching that work – from the team at Gazing Leadership

🧩 What if your whole team had one clear view of your group structure - Fuseable makes it happen

🔐 Managing signatory lists manually? Cygnetise gives treasury teams a smarter, safer way

👉 FIND OUT MORE HERE

What makes a seasoned treasury professional return to where it all began?

In this episode, Jens Billberg reveals why he rejoined Trelleborg Group as Group Treasurer after years away, and how his career - from back office trainee to treasury leader offers a roadmap for rising treasury professionals.

Jens Billberg is the Group Treasurer and VP Treasury at Trelleborg Group, a global leader in engineered polymer solutions.

With over two decades in corporate treasury, consulting, and international leadership, Jens brings deep insight into building treasury functions, managing risk globally, and leveraging technology to enhance operations.

Main topics discussed:

• Jens’ accidental entry into treasury and early back office experience
• Transitioning from back office to trading and risk management roles
• The transformation of Trelleborg’s business and treasury function over two decades
• Challenges and lessons from implementing global cash structures in China and India
• Key differences between corporate treasury and consulting roles
• Building a treasury hub in Luxembourg from scratch
• Embracing digitization, robotics, and system automation in treasury
• Rejoining Trelleborg: motivations, leadership mindset, and organizational strategy
• Advice for young treasury professionals and career path reflections
• How Trelleborg’s local-for-local model helped weather trade wars and COVID-19

You can connect with Jens Billberg on LinkedIn.

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🎙️ Subscribe to the Treasury Career Corner podcast - Never miss an episode! Subscribe on your favourite platform:

CLICK HERE for 🎧Spotify Podcasts

CLICK HERE for 🍏Apple Podcasts

📊 Managing short-term cash and investments - Without the right technology is a huge risk for modern treasurers. ICD changes that!

🎓 Save $150 on CTP, FPAC & AFP Boston 2025 – Exclusive discounts for treasury professionals – thanks to our trusted partners.

🧠 Leadership Under Pressure – Practical tools and coaching that work – from the team at Gazing Leadership

🧩 What if your whole team had one clear view of your group structure - Fuseable makes it happen

🔐 Managing signatory lists manually? Cygnetise gives treasury teams a smarter, safer way

👉 FIND OUT MORE HERE https://treasuryrecruitment.com/partners/

What does it take to build a treasury function from scratch at a fast-moving global company? Nolan Soltvedt, Treasurer at Lime has done just that - multiple times.

In this episode, he shares the inside story of building resilient treasury systems in complex, high-growth environments, from legacy firms to tech disruptors.

Nolan Soltvedt is the Treasurer at Lime, the world’s largest shared electric vehicle company. With experience across Ecolab, Capella University, and Api Group, Nolan has led treasury transformations at both established multinationals and fast-scaling startups.

He brings a rare blend of global banking expertise, leadership through change, and a passion for making numbers tell a story.

Main topics discussed:

• Nolan’s entry into finance and early lessons from his internship at Ecolab
• Building international finance and treasury experience early in his career
• Why building global relationships is critical in treasury
• Shifting between corporate finance and FP&A - and how it shaped his leadership
• Rejoining Ecolab and managing treasury post major acquisitions
• Lessons from leading treasury through a company IPO and rapid M&A at APi
• How to rebuild and scale a treasury team after high turnover
• Creating a treasury M&A integration playbook
• Transitioning to Lime: Setting up treasury in a tech-driven, high-growth environment
• Why prioritizing the right treasury capabilities matters more than doing everything
• How Nolan applies storytelling and creativity from music into financial communication
• The evolving future of treasury: AI, interest rates, and scalable systems

You can connect with Nolan Soltvedt on LinkedIn.

---

🎙️ Subscribe to the Treasury Career Corner podcast - Never miss an episode! Subscribe on your favourite platform:

CLICK HERE for 🎧Spotify Podcasts

CLICK HERE for 🍏Apple Podcasts

📊 Managing short-term cash and investments - Without the right technology is a huge risk for modern treasurers. ICD changes that!

🎓 Save $150 on CTP, FPAC & AFP Boston 2025 – Exclusive discounts for treasury professionals – thanks to our trusted partners.

🧠 Leadership Under Pressure – Practical tools and coaching that work – from the team at Gazing Leadership

🧩 What if your whole team had one clear view of your group structure - Fuseable makes it happen

🔐 Managing signatory lists manually? Cygnetise gives treasury teams a smarter, safer way

👉 FIND OUT MORE HERE https://treasuryrecruitment.com/partners/

Connect to Mike Richards, CEO, The Treasury Recruitment Company on LinkedIn HERE

What if the smartest career move you could make looked like a step backwards?

In this episode, Keith Gaub, Vice President and Assistant Treasurer at Bristol-Myers Squibb, shares how taking a pay and title cut led him to one of the most rewarding chapters of his treasury career -and why playing the long game is the ultimate career strategy.

Keith Gaub is the Vice President and Assistant Treasurer at Bristol-Myers Squibb, a global biopharmaceutical company.

With prior roles at Lehman Brothers, Barclays, and Zoetis, Keith brings deep experience across banking, corporate treasury, and investor relations. His journey reflects the power of strategic career transitions, calculated risk-taking, and building treasury operations from the ground up.

Main topics discussed:

• Why Keith left a leadership role in banking to join a fledgling corporate treasury team
• The sacrifices (and eventual payoffs) of stepping “back” in title and compensation
• How Keith helped build a treasury department from scratch at Zoetis
• Navigating the 2008 financial crisis from inside Lehman Brothers
• Transitioning from technical finance to people management and leadership
• The mindset of deliberate, long-term career planning
• The evolving role of treasury in M&A, forecasting, and risk management
• The importance of mentorship, team culture, and maintaining strong professional networks

You can connect with Keith Gaub on LinkedIn.

---

🎙️ Subscribe to the Treasury Career Corner podcast - Never miss an episode! Subscribe on your favourite platform:

CLICK HERE for 🎧Spotify Podcasts

CLICK HERE for 🍏Apple Podcasts

📊 Managing short-term cash and investments - Without the right technology is a huge risk for modern treasurers. ICD changes that!

🎓 Save $150 on CTP, FPAC & AFP Boston 2025 – Exclusive discounts for treasury professionals – thanks to our trusted partners.

🧠 Leadership Under Pressure – Practical tools and coaching that work – from the team at Gazing Leadership

🧩 What if your whole team had one clear view of your group structure - Fuseable makes it happen

🔐 Managing signatory lists manually? Cygnetise gives treasury teams a smarter, safer way

👉 FIND OUT MORE HERE https://treasuryrecruitment.com/partners/

Connect to Mike Richards, CEO, The Treasury Recruitment Co via LinkedIn

What if you could save your treasury team 37 hours a week - without investing in expensive new software or overhauling your tech stack?

In this episode, James Kelly, Co-Founder of Your Treasury reveals how thoughtful automation and strategic AI adoption can transform your treasury operations with the tools you already have.

Joining us on the podcast is James Kelly, Co-Founder of Your Treasury and former SVP of Treasury, Risk Management and Insurance at Pearson.

James has led treasury functions at global giants like Rentokil, Associated British Ports, and Sky. Today, he helps treasury teams unlock powerful efficiencies through practical applications of AI, automation, and process design. With a unique blend of hands-on experience and a sharp eye for innovation, James shares how even the smallest changes can lead to massive results.

What We Cover in This Episode:

• The simple process redesign that slashed 37 hours of treasury workload to just 3.
• Why full tech overhauls are not necessary to drive automation.
• How treasurers can use AI tools like Python and LLMs to solve repetitive pain points.
• The biggest obstacles to AI adoption in treasury teams and how to overcome them.
• The tipping point: why now is the time for treasury teams to embrace AI.
• The cultural differences in AI adoption across global finance teams.
• Common misconceptions about treasury automation and how to get started without overwhelm.

You can connect with James Kelly on LinkedIn.

---

🎙️ Subscribe to the Treasury Career Corner podcast - Never miss an episode! Subscribe on your favourite platform:

CLICK HERE for 🎧Spotify Podcasts

CLICK HERE for 🍏Apple Podcasts

📊 Managing short-term cash and investments - Without the right technology is a huge risk for modern treasurers. ICD changes that!

🎓 Save $150 on CTP, FPAC & AFP Boston 2025 – Exclusive discounts for treasury professionals – thanks to our trusted partners.

🧠 Leadership Under Pressure – Practical tools and coaching that work – from the team at Gazing Leadership

🧩 What if your whole team had one clear view of your group structure - Fuseable makes it happen

🔐 Managing signatory lists manually? Cygnetise gives treasury teams a smarter, safer way

👉 FIND OUT MORE HERE https://treasuryrecruitment.com/partners/

Connect to Mike Richards, CEO, The Treasury Recruitment Co via LinkedIn

What truly accelerates your treasury career? It’s not just what you know - it’s who knows you.

In this episode, we uncover how relationship-building, mentorship, and showing up authentically can propel you from entry-level analyst to treasury leader.

Sherri Nicole Speaks is the Vice President, Treasury at JBT Marel Corporation, a leading global provider of technology solutions to the food and beverage industry, headquartered in Chicago.

On this episode Sherri shares her extraordinary career journey. From being laid off during the 2007 subprime mortgage crisis to leading treasury operations for a global food technology company, Sherri offers invaluable insights into personal growth, professional development, and the power of saying “yes.”

A lifelong Chicagoan, Sherri holds a BA in Economics from the University of Illinois and both an MBA and a Master’s in Accounting from Keller Graduate School of Management.

She has been an active contributor to the Association for Financial Professionals (AFP) for over 15 years and was elected to the AFP Board of Directors in 2024.

Main topics discussed:

• How Sherri transitioned from subprime mortgage underwriting to treasury by starting over as an assistant.
• The moment she realized treasury could be a fulfilling, long-term career.
• Why building internal and external networks was critical to her career advancement.
• The pivotal role of mentors and allies - especially her experiences with supportive leaders at ITW and JBT.
• Her rise from senior analyst to treasurer and the strategic growth of her department.
• Involvement with AFP and how saying “yes” to opportunities opened new doors.
• Navigating personal and professional challenges, including imposter syndrome and anxiety.
• Building a personal brand as an “unapologetically authentic” leader.
• The importance of investing in junior talent and preparing the next generation.
• Her perspective on technology, AI, and the evolving treasury landscape.

You can connect with Sherri Nicole Speaks on LinkedIn.

---

🎙️ Subscribe to the Treasury Career Corner podcast - Never miss an episode! Subscribe on your favourite platform:

CLICK HERE for 🎧Spotify Podcasts

CLICK HERE for 🍏Apple Podcasts

📊 Managing short-term cash and investments - Without the right technology is a huge risk for modern treasurers. ICD changes that!

🎓 Save $150 on CTP, FPAC & AFP Boston 2025 – Exclusive discounts for treasury professionals – thanks to our trusted partners.

🧠 Leadership Under Pressure – Practical tools and coaching that work – from the team at Gazing Leadership

🧩 What if your whole team had one clear view of your group structure - Fuseable makes it happen

🔐 Managing signatory lists manually? Cygnetise gives treasury teams a smarter, safer way

👉 FIND OUT MORE HERE https://treasuryrecruitment.com/partners/

Can you radically modernize a treasury function without expanding your team?

Ashley Serrao of Tradeweb Markets reveals exactly how he leveraged technology to do just that – driving strategic impact and boosting returns while keeping his team lean.

In this episode, host Mike Richards is joined by Ashley Serrao, Managing Director, Head of Treasury, FP&A, and Investor Relations at Tradeweb Markets, a global leader in electronic fixed income trading.

Ashley sits on Tradeweb’s Executive Committee and oversees budgeting, capital management, ESG, and investor communications - while also chairing the firm’s ESG Steering Committee and co-chairing its Diversity, Equity & Inclusion Committee.

With a unique pivot from equity research into treasury, Ashley shares how he transformed Tradeweb’s treasury into a lean, tech-powered function that delivers strategic impact - without needing headcount expansion. From leading the 2019 IPO to optimizing treasury operations with data and technology, his story is packed with real-world lessons.

What We Cover in This Episode:

• Ashley’s career pivot from equity research at Credit Suisse to treasury leadership at Tradeweb
• How he led the implementation of a TMS with a two-person team
• Rewriting Tradeweb’s outdated Investment Policy Statement for a more modern approach
• Using technology and tools like money market funds and ICD to boost liquidity efficiency
• The strategic impact of thinking like a portfolio manager in treasury operations
• Building credibility with the CFO and earning a seat at the table
• Tradeweb’s tech-first mindset and how it’s transforming treasury workflows
• Balancing operational excellence with long-term strategic value
• Choosing treasury tech: what matters most in your decision-making process
• The future of treasury: analytics, democratization, and exploring AI

You can connect with Ashley Serrao on LinkedIn.

---

🎙️ Subscribe to the Treasury Career Corner podcast - Never miss an episode! Subscribe on your favourite platform:

CLICK HERE for 🎧Spotify Podcasts

CLICK HERE for 🍏Apple Podcasts

📊 Managing short-term cash and investments - Without the right technology is a huge risk for modern treasurers. ICD changes that!

🎓 Save $150 on CTP, FPAC & AFP Boston 2025 – Exclusive discounts for treasury professionals – thanks to our trusted partners.

🧠 Leadership Under Pressure – Practical tools and coaching that work – from the team at Gazing Leadership

🧩 What if your whole team had one clear view of your group structure - Fuseable makes it happen

🔐 Managing signatory lists manually? Cygnetise gives treasury teams a smarter, safer way

👉 FIND OUT MORE HERE https://treasuryrecruitment.com/partners/