Treasury Analyst 12 month FTC

Practice Group / Department:

Financial Control Management – Newcastle

Job Description

We're Norton Rose Fulbright – a global law firm with over 50 offices and 7,000 employees worldwide. We provide the world’s preeminent corporations and financial institutions with a full business law service. At Norton Rose Fulbright, our strategy and our culture are closely entwined. We know that our expansion will mean little unless it is underpinned by truly global collaboration and we understand that pioneering work only takes place when our people have room to move and think beyond boundaries. As well as the relevant skills and experience, we're looking for people who are innovative, commercial and value the work that they do. 

The Role

The Treasury Analyst sits within our Europe, Middle East and Asia (EMEA) Treasury function, reporting into the Head of Treasury, EMEA.  The EMEA Treasury team is the Head of Treasury, EMEA, Treasury Analyst (this role) and Treasury Assistant.

EMEA Treasury is responsible for managing NRF EMEA’s treasury risks including, liquidity, funding, interest rate, foreign currency and counterparty credit. The Treasury Analyst is responsible for the day-to-day execution of Treasury operations, undertaking Treasury reporting and supporting the Head of Treasury, EMEA with more strategic treasury activities.

Key Responsibilities

Key responsibilities include but not be limited to the following:

Execution

• Execute tactical strategies for the management of the Firms’ currency, interest rate, counterparty credit, liquidity and funding risks within Policy under direction of the Head of Treasury, EMEA
• Execute foreign exchange transactions in multiple currencies with the Firms’ relationship banks ensuring the most competitive exchange rates are achieved
• Liaise with the Finance Managers and colleagues in NRF’s non-UK offices regarding their cash forecasts and funding requirements. Execute spot foreign exchange transactions to meet their funding requirements using the FX trading platform 360T
• Manage online banking and other treasury systems ensuring there is effective segregation of duties
• Manage EMEA wide bank account structure ensuring that the bank account structure continues to be fit for purpose, streamlining bank accounts where possible

Reporting and review

• Review NRF’s daily liquidity position and cashflow forecast and recommend short term investment opportunities
• Analyse NRF’s treasury exposures to evaluate the risks and suggest potential strategies that could be used to minimise the impact of these risks
• Maintain Treasury’s foreign exchange dashboard by updating it with all new trades executed during the month and ensuring it is always up to date
• Analyse the EMEA cash position and ensure cash centralised into the UK is maximized by extending the existing cash-pooling function
• Maintain Treasury’s budget and liaise with colleagues to improve budget reporting and analysis
• Coordinate with the Treasury Assistant to produce and enhance reporting, ensuring a high level of accuracy is maintained
• Maintain EMEA Treasury’s process documentation and business continuity planning and assess any possible future risks

Support

• Support the Head of Treasury, EMEA to manage all UK bank relationships and input into ad hoc projects
• Support international office’s client proposals (issuing performance and bid guarantees)
• Ensure the Firms’ liquidity is managed within overdraft and facility limits
• Coordinate with the Treasury team to ensure there is sufficient role cover for holiday’s etc.

Skills and Experience Required

The individual should:

• Enjoy working independently, taking full ownership of deliverables
• Be self-motivated and self-disciplined, passionate about delivering continuous improvement with a customer service mindset
• Have outstanding communication and influencing skills, able to effectively operate across teams and influence key stakeholders
• Be a good problem solver with a process orientated mindset, methodical in approach with an “eye for detail”
• Ability to work under pressure, operating flexibly to cope with conflicting demands

Experience required for the role:

• Minimum of 2 years treasury and cash management experience in an international business (required)
• Educated to a degree level (required)
• Excel and other Microsoft tools (required)

• Worked with a SAP financial system (beneficial)

Diversity, Equity and Inclusion

To attract the best people, we strive to create a diverse and inclusive environment where everyone can bring their whole selves to work, have a sense of belonging, and realize their full career potential. Our new enabled work model allows our people to have more flexibility in the way they choose to work from both the office and a remote location, while continuing to deliver the highest standards of service. We offer a range of family friendly and inclusive employment policies and provide access to programmes and services aimed at nurturing our people’s health and overall wellbeing. Find more about Diversity, Equity and Inclusion here.

We are proud to be an equal opportunities employer and encourage applications from individuals who can complement our existing teams. We strive to create an inclusive and accessible recruitment process for all candidates. If you require any tailored adjustments or accommodations, please let us know here.