At a Glance
- Tasks: Process Treasury transactions, monitor trades, and ensure accurate payments in a fast-paced banking environment.
- Company: Dynamic international bank located in the heart of London.
- Benefits: Competitive salary, professional growth opportunities, and a collaborative team culture.
- Other info: Opportunity to work on exciting projects and improve automation within the department.
- Why this job: Join a leading bank and gain hands-on experience in Treasury Operations while making an impact.
- Qualifications: Minimum 2 years in Treasury Operations with knowledge of regulatory requirements.
The predicted salary is between 50000 - 65000 £ per year.
- Treasury Operations
- International Bank based in the City of London
- Salary £TBC
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.
- Support the Head of Treasury Administration with projects, system changes and working to improve automation and STP within the department
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, Mi FID, CSDR would be advantageous.
Treasury Operations in Slough employer: IPOE Consulting
Join a dynamic and growing business as an Office Manager, where your organisational skills will be the backbone of our operations. We pride ourselves on fostering a collaborative work culture that values each employee's contributions, offering opportunities for professional growth and involvement in exciting projects like networking events and client hospitality. With a focus on creating a positive workplace environment, this role promises variety and the chance to make a meaningful impact every day.
StudySmarter Expert Advice🤫
We think this is how you could land Treasury Operations in Slough
✨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 IPOE 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 in Slough
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 IPOE 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 IPOE 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 IPOE 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 IPOE 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 IPOE 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 IPOE 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.
