England, London, City of London
£70000 - £80000 per annum
17 Oct 2016
24 Oct 2016
Goodman Masson
Job Title
Contract Type
Full Time
An opportunity for an experienced Treasurer has arisen at a financial services firm in the city. This is a hands on role but also requires some man management. This role would suit a Treasurer with a background in a regulatory environment and the successful candidate will be either AMCT or Accountancy qualified.

The main responsibilities of the role are:

Manage daily cashflow
-Intra-day monitoring of cash balances with banks (client and office balances) and brokers;
-Ensure no breaches of FCA or internally set exposure limits to these counterparties;
-Liaise with front office, credit and trade management departments regarding large outflows/inflows of funds to/from clients and brokers;
-Maintain sufficient balances in major currencies to enable timely payment of all transactions in required currency as they fall due.

Manage non-trading FX exposure
-Daily monitoring of Balance Sheet FX exposure;
-Take action required to keep exposure within board set limits;
-Review costs associated with various methods of exchanging FX, suggest and implement changes to gain cost efficiencies.

Approval of daily broker calls/recalls
-Approve calls/recalls to/from brokers.

Perform analysis on bank, broker and payment service provider charges
-Ensure all charges and fees are in line with contracts;
-Review costs of transacting with these providers, suggest and implement changes to reduce costs.

Daily review of bank reconciliations (client and office)
-Ensure daily bank reconciliations are performed (and available for CASS)
-Review bank reconciliations (including investigating long outstanding items)

Ownership of online bank, broker and acquirer portals
-Maintain matrix of staff accesses and permissions to all bank, broker and acquirer portals and ensure system accesses are set up accordingly;

New bank, broker and acquirer procedures
-Appraisal of potential new counterparty proposals;
-Administration relating to new bank, broker and acquirier relationships;
-Ensure new counterparties are integrated into all existing finance department processes;

Day to day supervision of the regulatory accountant
-Review daily cash segregation calculations;
-Review daily capital adequacy calculations;
-Work with Regulatory accountant to streamline processes;