At a Glance
- Tasks: Process Treasury transactions and ensure accurate payments in a fast-paced banking environment.
- Company: International Bank located in the vibrant City of London.
- Benefits: Competitive salary, hybrid working options, and opportunities for professional growth.
- Other info: Collaborative culture with a focus on innovation and career development.
- Why this job: Join a dynamic team and play a key role in global finance operations.
- Qualifications: Minimum 2 years in Treasury Operations with banking experience preferred.
The predicted salary is between 40000 - 50000 £ per year.
International Bank based in the City of London
Salary £40-50k
Hybrid working on offer
Responsibilities will include:
- Process Treasury FX & MM transactions promptly and accurately, ensuring all deals have been checked against the dealers broker/Reuters conversations and have a matching swift confirmation prior to releasing payments.
- Processing security transactions on internal and external systems including the timely matching and settlement of securities on our custodian systems.
- Monitoring clearing status of newly executed Interest Rate Swap trades ensuring deals are cleared through the LCH via our clearing broker within regulatory timeframes.
- Reviewing of Interest Swap transactions in our back office system, including the checking of cashflow schedules to the dealer’s records, booking upfront fees and accurately processing rate resets throughout the life of the trade.
- Daily monitoring and settlement of variation margin and initial margin requirements with our clearing broker pertaining to our centrally cleared interest rate swaps. Ensuring our clearing brokers daily margin call statement agrees to our own internal records.
- Daily monitoring and settlement of margin, ensuring that all margin obligations are met for our CSA and GMRA counterparties. Prompt escalation of margin disputes/differences to Treasury and Market Risk.
- Accurate processing of inward and outward payments for our customers and Treasury transactions. Ensuring that all payments are processed prior to currency cut off times and that all relevant departments are informed of receipt of funds in a timely manner.
- Daily position keeping of all currencies, including the daily reconciliation of statements from correspondent banks and nostro projection for upcoming payments. Notifying Treasury dealers of their positions within agreed timeframes.
- Daily nostro reconciliation. Reviewing and promptly resolving any outstanding items over the nostro ensuring detailed commentary has been provided and that aging items are promptly escalated to Head of Department.
- Ensure the departments procedure documents are regularly reviewed and kept up to date.
- Resolve any queries received from internal and external stakeholders in a timely manner, escalating when required.
- Work closely with Colleagues across all other functions to maintain a cohesive team ethos.
- To assist Manager and team members such as Audit requests and assist with other activities as and when required.
To be considered for this position, ideal candidates must have the following experience and skills:
- Minimum 2 years’ experience in Treasury Operations department preferably acquired within an international banking environment.
- Experience with collateral management both bilateral and centrally cleared.
- Swift payment processing both incoming and outgoing.
- Understanding of regulatory requirements i.e EMIR, MiFID, CSDR would be advantageous.
Treasury Operations Officer in London employer: IPOE Consulting
As an International Bank located in the heart of the City of London, we pride ourselves on being an excellent employer that fosters a dynamic and inclusive work culture. Our hybrid working model offers flexibility, while our commitment to employee growth ensures that you will have ample opportunities for professional development and advancement within the treasury operations field. Join us to be part of a collaborative team that values precision and innovation in financial services.
StudySmarter Expert Advice🤫
We think this is how you could land Treasury Operations Officer in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those in Treasury Operations. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of FX and MM transactions. We all know that confidence is key, so practice answering common questions related to Treasury Operations to show you're the right fit.
✨Tip Number 3
Don’t forget to showcase your skills in collateral management and regulatory requirements during interviews. Highlighting your experience with EMIR and MiFID can really set you apart from other candidates.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and eager to join our team.
We think you need these skills to ace Treasury Operations Officer in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Treasury Operations Officer role. Highlight your relevant experience in processing FX and MM transactions, as well as any familiarity with regulatory requirements like EMIR or MiFID. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about Treasury Operations and how your background makes you a great fit for our team. Don’t forget to mention your experience with collateral management and payment processing.
Showcase Your Attention to Detail:In Treasury Operations, accuracy is key. Make sure to highlight instances where you've demonstrated strong attention to detail, especially in reconciling statements or processing payments. We love candidates who can spot discrepancies and resolve them efficiently!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at IPOE Consulting
✨Know Your Treasury Operations
Make sure you brush up on your knowledge of Treasury operations, especially FX and MM transactions. Be ready to discuss your experience with processing payments and handling security transactions, as this will show that you understand the core responsibilities of the role.
✨Familiarise Yourself with Regulatory Requirements
Since understanding regulatory requirements like EMIR and MiFID is advantageous, take some time to review these regulations. Being able to speak confidently about how they impact Treasury operations will impress the interviewers and demonstrate your industry knowledge.
✨Prepare for Technical Questions
Expect technical questions related to margin calls, nostro reconciliations, and cashflow schedules. Prepare specific examples from your past experience where you successfully managed these tasks, as this will highlight your practical skills and problem-solving abilities.
✨Showcase Your Teamwork Skills
This role requires collaboration across various functions, so be prepared to discuss how you've worked effectively in teams before. Share examples of how you resolved queries or assisted colleagues, as this will illustrate your ability to maintain a cohesive team ethos.
