Senior Associate (Treasury Settlement)
Industry: Financial services
Location: London (EC2V)
Salary up to £30,000 per annum
We currently have an exciting opportunity for a Senior Associate to join our London based Treasury Settlement Team for a Globally recognised Banking and Financial services client.
Responsible for the verification of SWIFT confirmations from the counterparties and deal tickets and the completion of deals on the system (Blotter)
Responsible for the daily generation of the Finacle Nostro report
Responsible for the linking of the system for the settlements diary (Excel) for position keeping of all major currencies.
Responsible for the on-going update during the day of incoming and outgoing funds for the Dealers' & to advise dealer's positions of GBP, USD & Euro to facilitate placement & borrowing as required.
Responsible for the daily retrieval of the GBP Main account balance, generating the end of day statement and ITL statement to facilitate the positing of entries on Core.
Responsible for the transfer of funds between the Nostro accounts as and when required to maintain the correct levels.
Responsible for the update of all loans on floating rates including Bilateral and MTN.
Responsible for forward deals to the dealers every evening and effect all SWIFT instructions.
Responsible for giving the next day's positions for GBP, USD and Euro to the Dealers & Responsible for projecting balances report to the CEO
Responsible for Certificates of Deposit - the input of SWIFT messages and check confirmation
Responsible for keeping positions for all other small currencies.
Responsible for the preparation and production of blotters for all deals completed during the day.
Responsible for the daily filing and the timely dispatch of paperwork to the warehouse on a regular basis
Responsible for generating branches incoming MT320 and MT300 from Core in line with stipulated guidelines & Responsible for sending out tracers for non-receipt of counterpart SWIFT confirmations.
Responsible for daily calculation of initial/variation margin and margin payments & receipts from counterparties.
Responsible for the generation of brokerage reports from Finacle, Treasury and link to Excel and the subsequent conversion of currencies to GBP to match the amounts with the Brokers' invoices requesting approval from the CEO and passing the pertinent entries on core and making payments to all brokers.
Responsible for daily/monthly/quarterly and annual reports
MIFID & compliance related items, including daily monitoring of AM/VM and payments for SBI & SBI(UK)Ltd
To create counterparties, external/issuer/security definition in Finacle
Responsible for purchase/sale and maintaining investment book. This includes payment of coupons on a regular basis for all the branches for Investments purchased under advice to them which must be diarised.
Responsible for sending out swifts to Euroclear, and Correspondent Banks
Responsible for matching SWIFT confirmations. Also responsible for attending to all queries regarding securities.
Responsible for informing Dealers for funding and Back Office for position keeping.
Responsible for reconciliation of Euroclear account, i.e. all securities tallied with our books and also reconciliation of funds after inflow/outflow
Responsible for the payment of Euroclear fees after management approval, manually working out amounts payable by the branches and submitting claims to them.
Responsible for Bonds and Futures trading & related monthly reports
Responsible for completing deals and sending out swifts (manual) to Nostro counterparties.
Responsible for month end balancing of Euroclear portfolio and balances for London Main & other branches
Responsible for the preparation of market valuation report as well as the manual update of the pertinent excel template.
Responsible for Income statement & schedule 8 on regular basis
To ensure the timely sharing of reports with Senior Management, Dealers and TMG group based in India.
Responsible for dealing room and investment work from the subsidiary, wholesale & branches.
Responsible for any other duty as delegated by the Department's Head or so designated officer.
Intermediate to Advance level knowledge and experience of working with Microsoft Excel.
Sound knowledge and experience in Underwriting principles and regulations.
Expert understanding and experience of equity settlements process.
Product Expertise required in Securities, Derivatives, Repo & Reverse Repo, and Bonds & Futures
In-depth understanding of SWIFT inclusive of 202, 300, 320, 541, 543, 210, is essential etc.
40 hours per week
9:00am - 6:00pm - Monday to Friday