At a Glance
- Tasks: Manage daily financial operations, ensuring smooth cash flow and liquidity.
- Company: Dynamic financial services group operating across multiple jurisdictions.
- Benefits: Competitive salary, bonus opportunities, and long-term stability.
- Other info: Collaborate with senior stakeholders and enhance treasury processes in a fast-paced environment.
- Why this job: Play a key role in safeguarding financial health and driving impactful treasury projects.
- Qualifications: Strong treasury experience and practical knowledge of liquidity management.
The predicted salary is between 85000 - 100000 £ per year.
This Treasury role in the financial services industry is all about managing the day-to-day financial operations to ensure smooth cash flow and liquidity.
You'll play a key part in safeguarding the organisation's financial health, focusing on accuracy and efficiency.
Client Details
A regulated derivatives clearing and financial services group operating across multiple entities and jurisdictions.
- Description
- Manage the Group's day-to-day liquidity position across legal entities, bank accounts, currencies and jurisdictions.
- Monitor cash balances, liquidity headroom and short-term funding requirements, ensuring sufficient liquidity is available at all times.
- Oversee treasury support for margin calls, settlement funding, collateral movements and other clearing-related liquidity demands.
- Work with Finance team in Kolkata to oversee and review cash, liquidity and treasury reporting, ensuring accuracy, completeness and timely escalation of key issues.
- Oversee daily cash positions and forecasts and support the development of cash flow forecasting, liquidity stress analysis and contingency planning.
- Optimise the use of cash across legal entities, accounts and currencies, within operational and regulatory constraints.
- Manage relationships with banks and other treasury-relevant counterparties, demonstrating strong negotiation and commercial judgement in relation to banking services, account structures and treasury solutions.
- Oversee bank account structures, mandates, signatories, online banking access and administration.
- Oversee the timely completion and review of bank reconciliations and related cash controls, ensuring breaks are identified, investigated and resolved promptly.
- Ensure smooth execution and strong controls over treasury payments, collections and intercompany funding, including user access, approval workflows, segregation of duties and manual bank instructions.
- Maintain and enhance treasury policies, procedures, process documentation and control records.
- Support monitoring of bank counterparty exposure, credit ratings and concentration risk.
- Identify, monitor and support the management of treasury-related financial risk, including FX interest rate, counterparty and liquidity risk and support the implementation or refinement of hedging strategies where appropriate.
- Work with Finance, Risk, Operations, Compliance, Tax and Legal to resolve treasury issues and support cross-functional initiatives. to resolve treasury issues and improve treasury processes and infrastructure.
- Support treasury projects including bank rationalisation, automation, reporting improvement and broader treasury operating model enhancement.
- Monitor compliance with treasury policies, procedures and control requirements and ensure exceptions or control gaps are identified and escalated appropriately.
- Support the CFO on treasury aspects of funding strategy, capital structure and the management of surplus cash or short-term investments, as appropriate.
- Keep abreast of developments in treasury technology, including AI, automation and tokenisation and assess their practical relevance to the business' treasury operating model, controls and market infrastructure
- Profile
A successful Treasury professional should have
- Strong treasury experience in a corporate, financial services or similarly regulated environment.
- Practical experience in liquidity management, cash management, banking, treasury operations and treasury controls.
- Experience managing multiple legal entities, bank accounts and currencies.
- Experience overseeing payment controls, user access governance, approval frameworks and banking administration.
- Strong understanding of treasury policies, procedures and control environments.
- Experience working closely with senior stakeholders and external banking partners.
- Ability to operate in a hands-on role with a high level of ownership and accountability.
- Strong communication skills and the ability to work effectively across Finance, Risk and Operations.
- Strong negotiation and commercial skills, with experience dealing with banks and external counterparties.
- Job Offer
- Salary ranging from £85,000 - £100,000 (pro rata), dependent on the level of experience.
- Bonus opportunities.
- Permanent contract providing long-term stability.
If you're interested in this role, apply now.
Treasury Lead in London employer: Michael Page Finance
This thriving technology company in Yorkshire is an excellent employer, offering a supportive and inclusive culture that prioritises employee development and innovation. With opportunities for professional growth and the potential for the Interim Financial Accountant role to transition into a permanent position, employees can thrive in a dynamic environment while enjoying the benefits of remote working.
StudySmarter Expert Advice🤫
We think this is how you could land Treasury Lead in London
✨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 Michael Page Finance. 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 Lead in London
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 Michael Page Finance.
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 Michael Page Finance'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 Michael Page Finance
✨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 Michael Page Finance.
✨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 Michael Page Finance 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 Michael Page Finance 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.
