Banking Operations Specialist

1 week ago


Chaucer, Greater London, United Kingdom WEX Europe Full time
About the Role

We are seeking a highly skilled Banking Operations Analyst to join our team at WEX Europe. As a key member of our Financial Operations department, you will play a critical role in ensuring the financial integrity and accuracy of our business.

Key Responsibilities
  • Lead the critical oversight and control over Optal entities Banking Operations;
  • Manage cash flow including daily cash balances, cash positioning, anticipating cash needs and ensuring sufficient liquidity to meet operational requirements;
  • Support treasury leadership in managing the relationships with banks including overseeing bank accounts and optimising banking services to meet the business needs;
  • Ensure accurate and timely financial reporting related to treasury activities including liquidity reports and other relevant financial information;
  • Stay updated with financial regulations and compliance requirements relates to Treasury's operations, ensure adherence to internal polices and external regulations;
  • Utilise treasury systems and technologies to streamline treasury processes, enhance efficiency and improve reporting capabilities.
Requirements
  • Previous experience of working in a Treasury, Accounting, Finance or Banking position;
  • Able to demonstrate knowledge and experience of financial risk assessment and mitigation strategies;
  • Strong understanding of financial concepts, including cash flow management, liquidity management, financial risk assessment, and investment strategies;
  • Familiarity with financial instruments, banking products, and financial markets;
  • Proficiency in managing daily cash flow, forecasting cash needs, and optimising working capital;
  • Previous experience of executing treasury transactions, including cash positioning, cash pooling, bank account management, and payment processing;
  • Familiarity with treasury management system (TMS) and financial software tools to streamline treasury processes, automate cash management, and enhance reporting capabilities;
  • Strong ability to use time efficiently to meet multiple deadlines and to take responsibility for completing assignment with minimal supervision;
  • Proficient in financial analysis and modelling to evaluate investment opportunities, assess financial risks, and support decision making;
  • Strong interpersonal and communication skills to build and maintain relationships with banks, financial institutions, and other external partners;
  • Understanding of financial regulations, accounting standards, and internal controls relevant to treasury operations.


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