Treasury Operations Analyst (Back Office)

Description

BACB is a UK bank that offers trade finance and investment expertise to clients in specialist markets, especially Africa and the Middle East.

We have been helping businesses with trade finance and complementary products for over half a century, focusing on trade flows to and from Africa and the Middle East as well as real estate in the UK.

Our in-depth knowledge of the countries and practices where our clients operate ensures that we put them first.

Additional Info

• Hybrid Working: 3 days onsite, 2 from home
• Location: City of London
• Contract Type: Permanent

Job Summary

Provides an administrative support service in respect of all Treasury and Loan related products ensuring processes, reconciliations and settlements are actioned accurately.

Ensures all Treasury and Lending transactions made by the Bank are recorded and administered in accordance with relevant documentation and within specified timeframes.

Monitoring of all Treasury and Lending business against regulatory requirements and to administer financial reports detailing activity.

Key Work Outputs and Accountabilities

• Ensuring all processes and procedures are accurately followed.
• Ensuring the accurate and timely processing of complex Treasury transactions such as Foreign Exchange, Money Market, Currency Option Linked Deposits, Fixed Income, Reverse REPO, Futures and FX OTC Options.
• Processing and reconciling all Loan book actions as appropriate.
• Agrees currency positions followed by intra-day cash management of all Nostro balances ensuring that all payment and reconciliation data is accurate, complete, and maintained within the agreed parameters.
• Ensuring that all dealing activity is within regulatory and Bank limitations and that management information reports are accurate, complete, and timely.
• Performs Nostro reconciliation process and provides other areas of the bank with outstanding/unmatched information relevant to them.
• Monitors Swift and non-Swift unmatched confirmations and follows up with relevant counterparties.
• Ensures the integrity of banking system data and resolves any related queries.
• Prepares brokerage payments and ensures that all counterparties understand all relative instructions and guidelines.
• Executes other ad hoc clerical duties such as reporting, archiving, distribution and filing as and when required.
• Provides training and mentorship to new staff.

Required Qualifications and Experience

• Knowledge of SWIFT.
• Understands the role of Treasury within a Bank.
• High level of numeracy and literacy.
• High level of accuracy and attention to detail.
• Solid understanding of banking systems and workflow platforms.
• Good communication skills