In this episode of Treasury Storyteller, Eleanor sits down with treasury and structured finance specialist Andrew Stewart from DK Axiom to explore what really happens after a structured finance deal closes – when the excitement fades and the operational reality begins.

Drawing on experience across treasury, securitisation, specialist lending and advisory work, Andrew explains why structured finance is never a “set-and-forget” exercise. From data quality issues and reporting pressures to governance challenges, key-person dependencies and investor scrutiny, he reveals the hidden operational machinery that keeps complex funding structures running successfully over the long term.

This episode covers the subtle warning signs that structures are coming under strain, why treasury teams must become deeply embedded across the wider business, and how poor controls or overlooked processes can create major downstream problems months or even years later.

Andrew also shares real-world stories from the front line of structured finance – including uncovering mortgage deals written on beer mats in Ireland!

A practical and candid discussion for treasury professionals, CFOs and anyone involved in funding, securitisation or operational risk.