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 over 200 years of experience.
- Benefits: Competitive salary, flexible working, and access to professional development opportunities.
- Other info: Join our Operations Academy and gain a CISI Level 3 qualification while working.
- Why this job: Kickstart your career in finance while learning and growing in a supportive community.
- Qualifications: Strong communication skills, analytical mindset, and a passion for innovation.
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.
The base at Schroders is known for doing things differently. That's why we’re building a home for the ambitious in Horsham, West Sussex. You’ll get the 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.
We recognise potential, whoever you are. 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 & Treasury Operations Analyst 1 in Horsham employer: Schroders
At Schroders, we pride ourselves on being an exceptional employer, offering a vibrant work culture in Horsham, West Sussex, where ambition meets community. As a part of our Operations Academy, you'll receive comprehensive training, including the opportunity to earn your CISI Level 3 - Investment Operations Certificate, while enjoying a supportive environment that fosters personal and professional growth. With a commitment to diversity and inclusion, we ensure that every employee feels valued and empowered to thrive in their career.
StudySmarter Expert Advice🤫
We think this is how you could land Cash & Treasury Operations Analyst 1 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 of examples that showcase your skills and experiences.
✨Tip Number 3
Show your enthusiasm! When you get the chance to speak with potential employers, let them know why you're excited about the role and the company. A genuine interest can set you apart from other candidates.
✨Tip Number 4
Don’t forget to follow up after interviews! A simple thank-you email can leave a lasting impression and keep you on their radar. Plus, it shows your professionalism and appreciation for their time.
We think you need these skills to ace Cash & Treasury Operations Analyst 1 in Horsham
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Cash & Treasury Operations Analyst role. Highlight relevant experience and skills that match the job description, like cash processing tasks and analytical skills. We want to see how you can contribute to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're interested in this role and how your background aligns with our needs. Be sure to mention your enthusiasm for learning and adapting to new technologies, as that's key for us.
Showcase Your Soft Skills:In a fast-paced environment like ours, soft skills are just as important as technical ones. Make sure to highlight your communication skills, problem-solving abilities, and how you work well in a team. We love seeing candidates who can thrive under pressure!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details 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 mentioned in the job description. Brush up on terms like repo, nostro cash positions, and payment methods such as SWIFT and BACS. This will show your genuine interest and understanding of the role.
✨Demonstrate Analytical Skills
Prepare examples from your past experiences that highlight your analytical skills and problem-solving abilities. Think about situations where you had to prioritise tasks or resolve cash-related queries effectively. Be ready to discuss these during the interview.
✨Show Your Flexibility and Curiosity
The role requires a flexible and creative mindset. Be prepared to share instances where you took on challenges or adapted to new situations. This will demonstrate that you can thrive in a fast-paced environment and are eager to learn and innovate.
✨Ask Insightful Questions
Prepare thoughtful questions about the Operations Academy and the opportunities for growth within the company. Inquire about the training process for the CISI Level 3 certificate and how the team collaborates on cash management tasks. This shows your enthusiasm and commitment to the role.
