It’s no secret that treasury teams are changing quickly. While treasury ‘lifers’ are still invaluable, increasingly treasury teams are looking for technology experts and those with “soft skills” for more strategic treasury roles.

What the future of treasury will look like was up for discussion in a recent BNP Paribas Cash Management University treasury panel consisting of Pernilla Sandberg, head of cash management and settlement, Volvo Cars; Dominique Potiron, senior partner at headhunting firm Spencer Stuart; Alexander Klinke, global head of treasury management, Dennemeyer Group; and Franca Aeby, cash manager, Hoffman-La Roche.

Potiron said that, when recruiting treasury teams, she found most hiring questions now are more focused on, “soft skills and emotional intelligence levels needed to do complex work”.

“There are requests for strong leadership skills, strategy and vision. Communication skills are also becoming more and more significant. Flexibility is always coming first,” she added.

Potiron argued that treasury teams are now far more visible than they had been in the past.



“If they are not visible, the scope of their expertise will shrink,” she said.

Sandberg also said that those who spend their entire career in treasury are becoming less common.

“Today, people are more likely to move from treasury rather than into it. Some people stay in treasury for life, but it is a rather small industry,” said Sandberg.

As millennials start to become increasingly senior, they are also making their mark on treasury operations. They are less likely to stay in one job for as long as the generation before them and arguably have higher expectations of employers.

“Millennials are given a bad reputation,” Tracy Kantrowitz (pictured below), vice president at TreasuryXpress, tells GTNews.

“The goal of the millennial is not to change jobs every 12 months, their goal is to find a job they love.”

“I feel like the millennial generation is not negatively changing. The goal of t

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