Treasury Manager Interview Questions UK: 8 Real Questions and What Interviewers Want

Applying for a Treasury Manager job in the UK? Here is what you are likely to be asked. These questions come from our Treasury Manager question bank of 16 questions, written for UK employers at manager level.

Eight Treasury Manager interview questions, and what the interviewer is thinking

1. How do you see the role of a treasury manager in a business like ours, and what would your priorities be in the first six months?

Why they ask: They want to see strategic understanding and a sensible plan for taking over a function.

2. How do you determine the right level of liquidity headroom for a business, and what sources of liquidity would you use?

Why they ask: They want to see that you can set a liquidity strategy based on risk, not a rule of thumb.

3. How would you design a hedging policy for a mid-sized company with both currency and interest rate exposures?

Why they ask: They want to see that you can set a policy that links risk appetite to practical rules.

4. Compare the main debt funding options for a mid-sized UK company, and what would you consider in negotiating a revolving credit facility?

Why they ask: They want to see knowledge of capital structure and loan documentation.

5. Your main facility matures in 18 months and credit markets are unsettled. How would you approach the refinancing?

Why they ask: They are testing your planning, market awareness and stakeholder management.

6. How do you manage relationships with banks, and how do you decide how to allocate business between them?

Why they ask: They want to see a considered approach to bank group management.

7. Tell me about a time you led a refinancing or a new debt raise. What were the challenges and the outcome?

Why they ask: They want evidence of leading complex, high-value transactions.

8. What governance and controls would you expect in a well-run treasury function?

Why they ask: They want to know whether you can build or maintain a robust control framework.

A sample answer to question 1

How do you see the role of a treasury manager in a business like ours, and what would your priorities be in the first six months?

I see the role as protecting the company's ability to fund its strategy and survive shocks. That means making sure there is enough liquidity at the right cost, managing financial risks within a clear policy, safeguarding cash and relationships with banks and investors, and giving the board reliable information. In my first six months, I'd start by listening and learning: reviewing the treasury policy, the debt and facility maturity profile, covenants, hedging positions, bank relationships and the cash forecasting process. I'd meet the CFO, the business leaders, and the key banks. Then I'd identify the quick wins and priorities, such as tightening the cash forecast, checking the control framework, and making sure that upcoming maturities and covenant tests are planned. I'd build a roadmap for improvements, for example systems or bank structure, and agree it with the CFO. Throughout, I'd want to build a team that understands the why behind the controls, and to be seen by the business as a helpful adviser rather than a gatekeeper.

Common mistake to avoid: Arriving with a fixed agenda; Describing treasury as only payments

Want the rest?

Full model answers, key points and common mistakes for all 16 questions are on the Treasury Manager interview questions page. The first five are free, no sign-up needed.