At a Glance
- Tasks: Manage cash flows, handle payments, and support cash-related queries in a dynamic environment.
- Company: Join Schroders, a global investment manager with a commitment to innovation and client success.
- Benefits: Enjoy competitive pay, flexible working options, and professional development opportunities.
- Other info: Be part of a diverse and inclusive culture that values your unique perspective.
- Why this job: Kickstart your career in finance while gaining valuable skills and industry certifications.
- Qualifications: Strong communication, analytical skills, and a passion for teamwork are essential.
The predicted salary is between 30000 - 40000 € per year.
We're looking for an Analyst 1 to join our Cash and Treasury Operations. In this role you will have responsibility for a range of cash processing tasks, such as handling cash flows, fees/expenses and trade related FXs, as well as instructing cash movements at custody. Support externally managed cash and security movements such as STIF and collateral movements. Additionally, monitoring of overdrafts, overdraft interest and responding to cash related queries. You will thrive in a fast-paced environment with an emphasis on meeting tight deadlines. A strong interest in learning and harnessing technology will help you with your role in the organisation. You will be flexible, creative and curious enough to take on a challenge, rather than tick off set tasks on a to-do list.
Operations is a busy and dynamic business area, with lots of exciting opportunities to build and develop your career. Our business area comprises of a number of functions and Hubs working globally supporting the entire client journey. We support processes from onboarding new clients, transaction processing, derivatives, daily oversight of the Funds Net Asset Value (NAV) and ensuring that we meet all our Client, Fund and regulatory obligations.
We're a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future. We have around 6,000 people on six continents. And we've been around for over 200 years but keep adapting as society and technology changes. What doesn't change is our commitment to helping our clients, and society, prosper.
At Schroders, we're known for doing things differently. That's why we’re building a home for the ambitious in Horsham, West Sussex. You’ll get all the benefits of being part of a world-leading FTSE 100 company. But you’ll also get the support of being part of a genuine local community. If you’re looking for opportunities that match your ambitions, you’ll find them right here in Horsham.
You will join Schroders as a permanent employee and start your career in our Operations Academy, which currently runs for 18-24 months. During this time you will study for your CISI Level 3 - Investment Operations Certificate, learn on the job and have access to a wide range of soft skill training courses.
You will join as an Operations Academy Trainee as part of the Investment20/20 programme, you will have opportunities to meet and network with trainees across the industry and participate in training, socials and insight events.
What you'll do
- Settling of repo / reverse repo, money market placements
- Undertaking the transmission/receipt of settlement instructions and payment/receipt of settlement amounts
- Preparing, maintaining and supervising daily and intraday nostro cash positions with Correspondence banks and custodians
- Maintaining counterparty static data including settlement instructions
- Maintaining of counterparty limits
- Managing collateral relating to OTC derivative positions
- Conducting EMIR reporting for in scope OTC derivatives
- Ensuring the daily settlement of the bank and building society deposits (BBD) as well as monthly capitalization work
- Undertaking reversals, adjustments and corrections of client Treasury deals
- Handling and executing all incoming and outgoing customer and corporate payments (SWIFT, CHAPS, BACS, Faster Payment, SIC, EuroSIC, Direct Debits / LSV and Fusion)
- Handling internal account transfers (including ISA/JISA transactions)
- Maintaining cash standing settlement instructions with relevant correspondent banks
- Managing manual booking of BACS, Banker’s draft and Cheque Collection
- Investigating issues and queries in relation to payments
- Investigating and responding to cash related queries from Investment teams ensuring timely resolution and remediation in undertaken as required
- Providing processing and query support for cash related activity as required to support Investment, Operations and Accounting teams as appropriate
- Managing the exchange of RMA Keys via SWIFT network with counterparties
- Maintaining the SSI table in T24
The knowledge, experience and qualifications that’ll help
- Any experience which demonstrates good communication, analytical skills, and working well within a team environment.
- Keenness to innovate and improve processes.
- Experience of prioritising workload, demonstrating a keen eye for detail, problem solving and confidence in communicating.
- Being organised and taking the initiative.
You must be at least 18 years old by the start date of the programme to apply for the advertised intake. You will need to study for your CISI Level 3 - Investment Operations Certificate outside of normal office hours. After your initial training, you have the option to work from home as well as in our office. Minimum expectation is 60% of the week working in our office.
Our purpose is to provide excellent investment performance to clients through active management. Diversity of thought facilitated by an inclusive culture will allow us to make better decisions and better achieve our purpose. This is why inclusion and diversity are a strategic priority for us and why we are an equal opportunities employer: you are welcome here regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background or any other protected characteristics.
Cash and Treasury Operations Analyst 1 - Operations Academy in Horsham employer: Schroders
At Schroders, we pride ourselves on being an excellent employer, offering a dynamic work environment in Horsham, West Sussex, where you can thrive as a Cash and Treasury Operations Analyst. Our Operations Academy provides a unique opportunity for professional growth through hands-on experience, industry-recognised qualifications, and a supportive community that values diversity and inclusion. With access to extensive training resources and the chance to work with a global leader in investment management, you'll find meaningful and rewarding career opportunities right here.
StudySmarter Expert Advice🤫
We think this is how you could land Cash and Treasury Operations Analyst 1 - Operations Academy in Horsham
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and the role. Understand their values and how you can contribute. Practice common interview questions and think about how your skills align with what they’re looking for.
✨Tip Number 3
Show off your tech-savviness! Since this role involves cash processing and technology, be ready to discuss any relevant tools or software you’ve used. Highlight your eagerness to learn new technologies that can help streamline processes.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining our team at Schroders.
We think you need these skills to ace Cash and Treasury Operations Analyst 1 - Operations Academy in Horsham
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Cash and Treasury Operations Analyst role. Highlight any relevant experience or skills that match the job description, like cash processing tasks or analytical skills. We want to see how you fit into our dynamic team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to express your enthusiasm for the role and the company. Share why you're excited about joining our Operations Academy and how your background aligns with our mission at StudySmarter.
Showcase Your Tech Savvy:Since we value a strong interest in technology, don’t forget to mention any tech tools or software you’re familiar with. Whether it's cash management systems or data analysis tools, let us know how you can leverage technology in your role!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to the right people. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Schroders
✨Know Your Cash Operations
Familiarise yourself with cash processing tasks and the specific responsibilities of a Cash and Treasury Operations Analyst. Brush up on key concepts like cash flows, FX transactions, and settlement instructions to show you understand the role.
✨Demonstrate Your Analytical Skills
Prepare examples from your past experiences that highlight your analytical abilities and problem-solving skills. Be ready to discuss how you've tackled challenges in fast-paced environments, as this is crucial for the role.
✨Show Your Interest in Technology
Since the job emphasises harnessing technology, be prepared to discuss any relevant tech tools or software you've used. Mention how you've leveraged technology to improve processes or efficiency in previous roles.
✨Ask Insightful Questions
Prepare thoughtful questions about the Operations Academy and the company's approach to cash management. This shows your genuine interest in the role and helps you assess if it's the right fit for you.
