Treasury Operations Analyst

Job Description

Job Title: Treasury Operations AnalystBusiness Unit: TreasurySalary Range: £31,311 -£46,967 DOE with great benefitsLocation: UK FlexibleContract Type: PermanentDisrupt the status quo. Its a simple statement that tells you everything about our ambition. Its about thinking what money could be, instead of what its always been. Thinking this way gives us so many opportunities to make our customers happier. Were notlike other banksand we want you to help us be even more exceptional.Our Treasury Operations Team is responsible for settling and executing trades completed by the Treasury Markets and Funding teams, as well as Financial Risk Solutions. Reporting to the Senior Manager of Treasury Operations you will work in collaboration withthe team to ensure the executionof all actions in an efficient and timely manner throughout the trade cycle to the final settlement of Treasury transactions.This is a fantastic opportunity to kick start your career in Treasury. In this exciting role, you will have the chance to learn loads as the team is rotated through the various products and functions, to ensure that all team members can become fully roundedoperations professionals. This is a multi-faceted and challenging rolewhere you will be involved and be accountable for aspects of the Treasury transactions life-cycle, inclusive of escalations and process improvement activity - therefore flexibility andtenacityis critical to success.Day to day you will be...

• Accurately processing (within the Banks control framework) the transaction lifecycle of deals executed with the market and customers by Treasury and Financial Solutions front office staff including:- Confirmation Generation and Matching,Cash and Securities Settlements,- Deal Processing,- Collateral and Margin Management,- Broker Statement, Cash and Stock Reconciliations, and- Customer reporting and Transaction regulatory reporting
• Ensuring assigned Operations checklists are completed each day
• Highlighting any problems with confirmation matching and ensure that these are followed up/escalated as necessary.
• Exception monitoring
• Monitoring margin calls, ensuring all movements are agreed and captured in system
• Reconciling portfolios and investigating valuation differences
• Assisting in investigations
• Transmitting SWIFT messages by payment cut off times for each currency each day
• Ensure custodians are funded accordingly as per trading requirements and settlement
• Overview of Nostro account and other account discrepancies and ensuring that reconciling items are investigated and actioned
• Daily reconciliations between the Banks systems to ensure that all transactions are appropriately transferred to relevant processing systems
• Ensuring all same day value transactions are processed within cut-off times
• Escalation of issues when necessary to Operations management team.

To be brilliant youll bring

• Strong quantitative skills
• Good knowledge of the operations environment inclusive of effective controls.
• Experience in back office operations across various asset classes - particularly DerivativesVariations of Interest rate swaps and Fx options, Fixed income, FX and money markets for a UK bank or investment bank.
• Collateral Management experience
• Ability to execute ad-hoc requests
• Good team-working capabilities
• Effective personal organisation and time management capabilities.

We would love it if you had

• Good IT skills, inclusive of Excel and Word
• Strong Knowledge of Swift Messaging
• Markitwire experience
• Exposure to EMIR/MiFID reporting
• System exposureCalypso

RED HOT Rewards...

• A generous holiday package and the option to buy more!
• Private Medical Insurance - with the option to extend to family members.
• Pension! A market leading pensionwell top up your contributions too.
• Flexible benefitscustomise your rewards to work for you!

Inclusion at Virgin MoneyInclusion is at the heart of everything we do here at Virgin Money. Its good for you, its good for us and its amazing for our customers. We know that great minds dont think alike, so we rely on your diverse thoughts, feelings, beliefs and backgroundsto be the best we can possibly be. Got any questions about this or need some support with your application Wed love to hear from you so get in touch with our friendly team at orPoint to noteAt the minute, depending on which team you are joining, lots of us are working from home. This is something that may change over time, and if so, we will come together in one of our hub locations, giving you the chance to meet your new colleagues in person.We will of course, make sure you have the IT equipment to access our systems and to interact digitally with your new team and colleagues, but we thought it best to let you know this in advance, so you can make sure you are set up to work safely and productively.If you have any questions on this let us know! Now the legal bitIf we offer you a job and you accept, there are some checks we need to complete before you can start with us. This will include a credit and criminal record check, as well as providing 3 years worth of satisfactory references.