Treasury Operations Specialist
1 month ago
We are seeking a skilled Cash Management and Treasury Operations professional to join our team at Schroders. As a key member of our operations team, you will be responsible for managing cash flows, processing transactions, and maintaining accurate records.
Key Responsibilities:
- Settle repo/reverse repo, money market placements, and other cash management activities
- Process and transmit settlement instructions, and manage payment/receipt of settlement amounts
- Maintain daily and intraday nostro cash positions with Correspondence banks and custodians
- Manage counterparty static data, including settlement instructions and counterparty limits
- Conduct EMIR reporting for in-scope OTC derivatives
- Ensure daily settlement of bank and building society deposits, as well as monthly capitalization work
- Reverse, adjust, and correct client Treasury deals
- Handle and execute customer and corporate payments (SWIFT, CHAPS, BACS, Faster Payment, SIC, EuroSIC, Direct Debits/LSV, and Fusion)
- Manage internal account transfers, including ISA/JISA transactions
- Maintain cash standing settlement instructions with relevant correspondent banks
- Manage manual booking of BACS, Banker's draft, and Cheque Collection
- Investigate issues and queries related to payments
- Investigate and respond to cash-related queries from Investment teams, ensuring timely resolution and remediation as required
- Provide processing and query support for cash-related activity as required to support Investment, Operations, and Accounting teams
- Manage the exchange of RMA Keys via SWIFT network with counterparties
- Maintain the SSI table in T24
Requirements:
- Understanding of operational risks and control frameworks, with knowledge of current regulation in the Treasury area (e.g., Basel III, EMIR, FINFRAG)
- Experience in Treasury and Cash area, with an understanding of Treasury products (FX, MM, Repo, Fiduciaries, and IRS) and their settlement processes
- Understanding of all cash flow processes, both interbank and client-related
- Knowledge of collateral and cash management
- Strong analytical and problem-solving skills, with a strong handle on operational risk
- Strong knowledge of Microsoft Office
- Experience with T24 system beneficial
About Schroders:
Schroders is a global investment manager that helps institutions, intermediaries, and individuals around the world invest money to meet their goals, fulfill their ambitions, and prepare for the future. We have a strong commitment to diversity and inclusion, and we welcome applications from candidates from all backgrounds.
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