Execute BAU (business-as-usual) treasury operations, including settlements, payments, reconciliations, reporting, and managing bank account signatories.
Support continuous improvement by implementing and enhancing processes, procedures, and reporting aligned with business needs.
Maintain and manage the Treasury Management System (TMS), ensuring accurate recording of all transactions.
Perform derivative valuation reconciliations and analyse MTM (mark-to-market) movements.
Prepare for month-end by gathering statements, posting fees/interest, and resolving reconciliation discrepancies.
Carry out collateral management reconciliation, including margin calls and interest/coupon payments on derivatives.
Approve trade confirmations for swaps and bonds.
Process daily treasury payments accurately and on time.
Monitor and report counterparty credit risk to ensure policy compliance.
Manage daily collateral exchanges with the Bank of England, including related testing processes.
Liaise with external counterparties (banks, brokers) to ensure smooth transaction execution and issue resolution.
Support treasury-related projects, including new product launches and strategic partnerships.

Prior experience in a Treasury Back Office role or similar is beneficial but no essential.
Familiarity with Treasury Management Systems is desirable (training will be provided) with an expectation to self-research relevant Treasury Products and processes.
Basic understanding of interest rate swaps, securities, liquidity, and payments is advantageous.
Willingness to learn and self-develop knowledge of treasury products and processes.
Strong analytical and problem-solving skills, ideally from a finance or accounting background.
Excellent verbal and written communication skills.
Proficient in Microsoft Office, particularly Excel, Word and PowerPoint.
A proactive, adaptable approach with the ability to manage multiple priorities in a fast-paced environment.
High level of integrity, initiative, and a collaborative mindset.
Resilient, with a strong sense of ownership and a solutions-oriented attitude.

Treasury Operations Analyst

Key skills