Interim Group Treasury Director

Recruiter
Maldon Partners Ltd
Location
London (Greater)
Posted
11 Jan 2018
Closes
12 Feb 2018
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time

A reputable FinTech business is seeking a commercial, dynamic Treasury Director to act as custodian for the group, to oversee the firm's investment policies and maximise their yield on assets. The business provides innovative tech solutions for trading a range of financial assets, and operate in a challenging and fast-paced environment. This position will be a high level, extremely visible role, with constant exposure to the executive team.

Key responsibilities will include:

Ownership of:

  • Group commercial Treasury duties, principally to maximise return on group funds (client and house) without compromising regulatory obligations
  • Centrally cleared business strategy, which includes maximizing free funds through central clearing, and minimizing risk associated with the project (regulatory, operational, and legal risks)
  • Treasury project lead, including improving Treasury KPIs and automation of key operational processes
  • Treasury lead on liquidity provider relationships
  • Group cash flow forecasting: production of MI which allows the firm to have adequate funds in the right place to meet liquidity needs. This will involve work with Treasury Operations, Group Finance and Tax
  • Maximizing return on group funds and capital
  • Working with the UK regulatory function to ensure UK liquid assets and UK exposures to the group conform with internal liquidity adequacy requirements in the ILAAP

Commercial Treasury:

  • Managing investment policy for the group. This includes assessing suitability of investment products with respect to risk appetite and compliance matters
  • Working with Risk to target and monitor investment returns for both client money and house money (also includes new product proposal / policy & business sign-off)
  • Working with Risk team to manage counterparty risk
  • Working with a third-party money broker to establish new banking relationships and assess liquidity appetite of banks for our cash
  • Pricing: negotiating price of funding with banks, understanding cost structures
  • Working closely with the Risk and Treasury Operations teams to ensure investment strategy is in line with the credit risk appetite of the business
  • Providing Treasury KPI dashboard (asset performance / yield, counterparty risk etc.)
  • Yield forecasting
  • Ownership of commercial Treasury documentation (PB agreements, money broker docs, MMFs, and anymother liquid assets) in conjunction with the Legal team
  • Review and support of group FX hedging policy / strategy
  • Maximise free cash by ensuring optimum number and type of markets are cleared
  • Helping the Regulatory and Legal teams to understand the operational and business risk of the central clearing model
  • Improvement of existing processes, ensuring that there is sufficient policy documentation for all aspects
  • Automation of funding process & production of live Treasury dashboard
  • Coordinating Commercial Treasury project work with director of Treasury Operations and the wider business as and when necessary

This job was originally posted as www.cityjobs.com/job/959902922