Interview | Staying True in Treasury with Matthias Schmidt

INTERVIEW

Can you tell us about your move from capital markets trading into treasury back in 2009?

After almost ten years of working happily and with a great deal of freedom in equity trading at a bank, the financial crisis in 2008 made it impossible to continue in the way I wanted. I started exploring alternatives and came across treasury.

Given the tough job market, I found my first role at a large mid-sized company near Stuttgart- 500 km from home – where I had the chance to learn all aspects of treasury within a small team. The connection to production, the global orientation, and the diversity of tasks convinced me not to return to banking.

As an interim manager, what aspects of the role stand out to you the most?

After gaining broad experience in treasury, I was drawn to freelance work focused primarily on projects. It allows me to contribute my expertise in a self-directed way and take on engaging tasks where I can make a real impact – whether through implementing treasury management systems, improving processes, leading teams, or setting up liquidity plans and financing structures. As an interim manager, you also have more freedom to communicate openly and continuously learn through new challenges and clients.

“When I remain authentic and genuine, others usually respond the same way.”

In a demanding field like treasury, how do you maintain authenticity and live by your values?

It’s certainly not always easy to stay true to your values when dealing with a wide range of internal and external stakeholders. For me, open and professional communication is key. When I remain authentic and genuine, others usually respond the same way.

A good working environment, in my view, is built on honesty, transparency, and the sense of being seen and accepted as a person – with strengths and weaknesses. I take time to listen, show interest in others, and ensure that respect and understanding are part of the daily interaction.

Which innovations in TMS and cash management are catching your attention lately?

TMS providers are increasingly incorporating artificial intelligence into their platforms, especially to enhance data consolidation and analysis. I also find it valuable to create customized reports and visualizations that can be sent automatically.

In contrast, I see fewer true innovations in cash management. Managing global cash flows in a fast and transparent way remains a challenge – and many banks still take a very conservative approach.

What’s your approach to building a positive and productive team environment?

Open communication within the team is essential to me, even about personal topics. Task allocation should reflect each individual’s strengths and interests.

A strong team values every member, works collaboratively toward shared goals, and ensures no one is overwhelmed. When people feel comfortable, appreciated, and empowered to take responsibility, the results are consistently better.