Senior Treasury Analyst

Principle Objectives and Responsibilities including the following, other objectives may be assigned:

• Cash flow and liquidity
  
  • Assisting the Senior Treasury Manager with short term cash flow forecasting
  • Daily liquidity management and funding of bank accounts
  • Reviewing daily and weekly cashflow reporting produced by the Treasury Analysts prior to submission to the Senior Treasury Manager
  • Reviewing the monthly reconciliation between sweep account balances, commission draw down calculations and balance sheet reports.
  • Act as support and cover for the Treasury Analysts for the daily statement downloads and coding of transactions for cash flow
  • Monitoring balances on non-sweep bank accounts and foreign currency accounts, and escalating areas of concern to management
• Investments
  
  • Maintenance and monitoring of the Group investments
  • Suggesting and implementing new investments as appropriate
• Business engagement
  
  • Engaging with finance and local branches to optimise banking operations
  • Approval of amendments to online banking access for local operational staff
  • Aligning business with the target banking structure including opening and closing bank accounts
• Counterparty Security
  
  • Assist the Treasury Risk Manager with the production of the quarterly reviews of banking partners, including counterparty risk, service levels, account # and £ exposures to each bank.
  • Assist the Treasury Risk Manager with the counterparty risk assessments of existing and proposed insurer partners.
• Banking administration
  
  • Mandate and internet banking administration
  • Maintenance of operational banking functionality (cheque indemnities, redirection of interest and charges)
  • Maintain the existing Sweep mechanism and assist in the development of improved cash pooling structures, where possible
  • Ensure FCA letters from banks are in place in respect of fiduciary trust accounts
  • Understanding and ensuring FCA regulatory rules as applicable are adhered to at all times
  • Ad hoc manual payments - processing of BAC’s, CHAPS and Faster Payments that fall outside of standardised automated processes, ensuring compliance with Group governance and FCA regulatory rules
• Compile Treasury statistics as part of the regulatory reporting to the FCA
• Supporting with Group Treasury and wider Finance projects as required
• Maintaining documents and filing
• Ad-hoc analysis and supporting the Treasury Risk Manager, Senior Treasury Manager and Fiduciary Cash Manager as required

Desirable Knowledge

• Basic accounting knowledge, cash flow and reconciliation experience
• Banking back office including mandates, internet banking systems and payment methods
• Seeking or already pursuing an accounting or finance qualification
• Experience in an insurance or financial services organisation (ie. FCA-regulated environment)

Skills Required

• Proactive
• Attention to detail
• Highly organised
• Good communicator
• Able to work to deadlines and under pressure
• Able to work as part of a team

IT skills

• Competent in MS Excel basic functionality (ie. SUM/COUNT/IF formulae, graphs, sort/filter)
• Proficient in MS Word, Powerpoint and Outlook

Please apply online - no agencies