Will AI replace treasury associates?

Why AI struggles to replace this job

• Managing bank relationships and negotiating credit lines requires human interaction and social capital.
• Making snap decisions during extreme market volatility where historical models break down.
• Ensuring physical security protocols for high-value asset transfers and vault access.
• Navigating the subjective risk appetite of a company's Board of Directors.

Tasks AI could automate

• Monitoring daily cash balances across multiple global bank accounts.
• Executing routine wire transfers and inter-company funding requests.
• Updating foreign exchange rates in the corporate accounting system.
• Preparing standard liquidity reports for the Treasurer's review.

The 10-year outlook

The role will become highly automated, leading to headcount reduction in large finance departments. Survivors will need to be experts in fintech and automated treasury management systems (TMS).

Common questions