Treasury Cash Manager

  • £50,000 – 60,000 plus benefits
  • London, England, United Kingdom London England GB
  • Permanent, Full time
  • Empirical Search
  • 10 Sep 18 2018-09-10

One of the fastest growing UK fintech businesses with a strong focus on the banking sector has mandated us exclusively to find them an ambitious cash manager who is eager to contribute towards the effective development and running of their new treasury department

Role Description

  • Providing support for cash, FX and investment settlements
  • Adhering to strict cut off times for the execution of payments
  • Analysing and quantifying risks particularly relating to customer behaviour
  • Recommend and implement improvements to risk analytics and reporting
  • Managing intraday settlement risks
  • Develop funding stress tests
  • Assist in ensuring all bank accounts are funded
  • Cash flow forecasting and variance analysis
  • Forecasting and monitoring of interest receivable and payable
  • Internal and external relationship management
  • To report and provide data analysis support on the Bank's global cash management in order to optimise the structure of Bank’s funding and liquidity
  • Preparation of Management Information liquidity reporting material using an in house data, query tools, systems & applications and external data sources
  • Preparation of monthly presentations / information packs for Treasury Management, ALCO, Risk Committees and Board Risk Committee
  • Developing and implementing cash management risk policy
  • Analyse and recommend increase/decrease of collateral held at the Bank of England for BACS and FPS debit caps.

Role Requirements

  • Detailed understanding of cash management, foreign exchange and cash investment processes
  • Experience with financial markets within a treasury team
  • Advantageous to have Treasury Management System experience
  • Process-oriented with strong attention to detail
  • Effective written and verbal communication skills
  • Responsiveness, accountability and adaptability
  • Uses knowledge and initiative to assess business risks and escalate issues
  • Have a flexible approach to working hours required to fulfil the role
  • Experience of different payment mechanisms (SEPA, TARGET2, CHAPS, FPS, BACS, Fedwire, SWIFT) and ability to create manual outgoing SWIFT messages
  • Exposure to liquidity risk management and counterparty behaviour risks in particular
  • Relevant IT skills including excellent working experience of Excel and SQL
  • Good financial product knowledge