Our client has an exciting opportunity to join their team in Jersey on a 12-month fixed term secondment or contract as a Treasury Control Senior Administrator/Senior Analyst. This role will support the Dealing Room by providing cash and FX positions while managing the bank's cash balances across all agents and custodians. The successful candidate will perform various Treasury Control functions and fulfil all daily, monthly, and annual reporting requirements. Additionally, the role will proactively manage and reduce risk through accurate monitoring and settlement of all cash netting, funding, and FX requirements.
Job Duties:
- Daily calculation and analysis of the bank's running cash position throughout the day.
- Create funding transfers between agent and correspondent bank accounts.
- Agree daily settlement of FX netting positions and create relevant payment/entry instructions.
- Conduct daily tick back of the previous day's FX input, providing dealers with timely and accurate currency positions and supporting daily profit analysis.
- Ensure collateral is accurately determined, booked, and marked to market.
- Monitor and report on external positions, FX positions, trading, and profit for various entities.
- Calculate brokerage fees, facilitate distribution of such, and initiate payments.
- Ensure all High-Quality Liquid Assets (HQLA) and associated Interest Rate Swaps (IRS) are administered and reported promptly and accurately.
- Maintain and conduct quarterly audits of all dealer limits on both money market and FX books.
- Prepare fixed deposits, money market deals, and FX deals.
- Monitor and report on trading limits and Nostro working balances.
Job Requirements:
- Experience supporting operations activity within a high-volume business.
- Practical understanding of banking and treasury products.
- Strong analytical and Excel skills.
- Good understanding of Treasury Control requirements, including risk factors and mitigation strategies.
- Familiarity with wealth management business models.
- Knowledge of FX, money market, liquidity, and operational banking procedures/structure is advantageous.
What You’ll Love:
Our client thrives on the challenge to be their best, fostering progressive thinking to keep growing and working together to deliver trusted advice that helps clients thrive and communities prosper. They genuinely care about each other and are committed to reaching their potential, making a difference, and achieving mutual success. Leaders within the organisation support development through coaching and management opportunities. You will have the chance to work with the best in the field and will have the ability to make a difference and a lasting impact, all whilst being part of a dynamic, collaborative, and high-performing team.
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