At a Glance
- Tasks: Manage cash and collateral functions, ensuring smooth operations across accounts and counterparties.
- Company: Leading global trading firm with a focus on innovation and growth.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional development.
- Other info: Collaborative culture with potential for career advancement as the business expands.
- Why this job: Join at the ground level to shape processes and make a real impact in treasury operations.
- Qualifications: 5-10 years in treasury operations with strong knowledge of margin management and operational processes.
The predicted salary is between 63000 - 77000 £ per year.
A leading global proprietary trading firm is building out its Treasury function in London to support the launch of a new OTC exotics trading business. This is a ground floor opportunity to join early, shape the process and tooling from scratch, and grow the role as product coverage expands.
The opportunity
You will own the daily cash and collateral function across accounts and counterparties, working closely with Trading, Corporate Strategy, Risk, Finance and Group Treasury. Margin and liquidity are treated as a genuine competitive advantage here, not just a control function, and you will have real input into how the process, vendor stack and technology are built rather than inheriting something fixed.
The role sits within Finance and partners day to day with the business, working directly alongside the Equities Exotics trading desk and Corporate Strategy. Over time the mandate can extend into wider product coverage and a broader strategic remit.
What you'll be doing
- Managing fund transfers across currencies, entities and custodians, and issuing and receiving margin calls.
- Validating and reconciling margin, collateral and P&L breaks with OTC counterparties, clearers and prime brokers, with particular focus on the OTC exotics book as it launches.
- Maintaining the bank, broker and clearer account inventory, including SWIFT relationships.
- Reporting on liquid assets and unencumbered profile, and partnering with Group Treasury on cash reinvestment and collateral posting.
- Providing the Treasury view on eligible collateral, margin timing, thresholds and haircuts across CSA, ISDA and PB documentation.
- Supporting margin replication and clearing economics across exchange, bilateral, PB and repo products, feeding into a global analytics initiative.
- Working with Technology and Group Treasury to move from manual to automated call and settlement workflows, and evaluating platforms such as OSTTRA, Acadia and CloudMargin as the business scales.
What you'll bring
- 5 to 10 years in treasury operations, cash, collateral and margin management, ideally across bilateral OTC (including exotics), listed and cleared derivatives, repo and prime brokerage.
- A genuine understanding of how margin is calculated across these products, not just how to process a call.
- Strong grounding in operational treasury processes including margin validation, payments, cash positioning and liquidity forecasting.
- A track record of improving process and tooling in partnership with Technology, rather than only running business as usual.
- SWIFT and multi-currency payment fluency.
- A proactive, solutions oriented mindset, comfortable operating in a high performance, time critical environment.
- Strong attention to detail with the judgement to tell a rounding break from a real risk.
Treasury Operations Specialist employer: Altum Consulting
Altum Consulting is an excellent employer, offering a dynamic work culture that values flexibility and employee well-being. With opportunities for professional growth and development, particularly in HR and employee relations, this role in South-East London allows you to make a meaningful impact while enjoying a hybrid working arrangement that promotes work-life balance.
StudySmarter Expert Advice🤫
We think this is how you could land Treasury Operations Specialist
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Altum Consulting. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Treasury Operations Specialist
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Altum Consulting.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Altum Consulting's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Altum Consulting
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Altum Consulting.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Altum Consulting will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Altum Consulting employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
