Treasury Analyst

About Allica Bank Allica is the UK's fastest growing company - and the fastest-growing financial technology (Fintech) firm ever. Our purpose is to help established SMEs, one of the last major underserved opportunities in Fintech. Established SMEs are the backbone of local communities - representing over a third of our economy - yet have been largely neglected both by traditional high street banks and modern fintech providers. Department Description The Treasury Department at Allica Bank is responsible for proactive management of financial risks which arise in the normal course of the Bank's activity. These risks include Capital adequacy, Market risk, Liquidity risk, Funding risk, IRRBB & Counterparty risk. Additionally, Treasury manages the collateral exchange for secured funding, oversights the relationship with the central bank and institutional counterparties. It plays crucial role in the strategic projects for the bank such as origination of new business activity, composition of funding mix and structure of investment portfolio of the bank. Treasury is responsible for intercompany funding process and its pricing. Role Description The role will be focused on the Front Office activities within Treasury, principally in the dealing of securities to support Treasury in ensuring that a first-class service is delivered. The role will also include responsibility for all Front Office activities including intraday liquidity management and derivatives trading. Principle Accountabilities Ensure that Treasury positively contributes to the overall performance of the business, whilst meeting all best practice, regulatory and statutory requirements with regard to treasury department. Treasury Markets Responsibility for daily trading and booking of securities Responsibility for overall management of Allica's securities portfolio Assist in setting of the Bank's investment strategy with responsibility of executing securities dealing within mandate. Responsibilities for external relationship management with Allica's Treasury counterparties, including regular service reviews. Responsibility for the ongoing counterparty credit monitoring. Market Risk Collaboration in the execution of the Bank's ongoing hedging programmes such as structural hedging Responsibility for executing new derivatives in a timely manner to ensure Allica remains within limits. Responsibility for Foreign Exchange (FX) transactions. Liquidity Collaboration and responsibility for daily and intra day cash management of the Bank, including management of cash balances to support current accounts Treasury Policies and Procedures Responsibility for the maintenance of several Treasury policies and procedures, including: Counterparty Credit Risk Dealing Procedures Intraday Liquidity Treasury Management System (TMS) Strategic Input Support the treasury function in its objective to contribute towards the Bank's commercial success Support in the continued development of a modern treasury function in keeping with the digital ambitions of the Bank Responsibility for the maintenance the Bank's Treasury Management System (TMS) Personal Attributes & Experience Financial Markets knowledge is essential (certified dealer is welcome) Trade execution experience is essential Bloomberg experience is required Experience of Treasury Management Systems (TMS) is preferred Ability to think strategically, whilst at the same time adopting a very 'hands on' approach to day-to-day treasury management Treasury Markets experience gained within a regulated firm, preferably a retail deposit taking and corporate lending institution An understanding of risks, compliance and regulation requirements facing banks and Treasury Strong team player Prepared to challenge but to do so in a constructive manner 'Can do' attitude, flexible and solutions orientated Committed, hardworking and focused upon delivering results Good, clear communicator #LI-Hybrid Working at Allica Bank At Allica Bank we want to ensure our employees have the right tools and environment in which to succeed in their role and in support of our customers. Our employees are at the heart of everything we do, so our benefits are designed with you in mind: Full onboarding support and continued development opportunities Options for flexible working Regular social activities Pension contributions Discretionary bonus scheme Private health cover Life assurance Family friendly policies including enhanced Maternity & Paternity leave Don't tick every box? Don't worry if you don't have all the skills or requirements listed on the job description. If you think you'll be a good fit, we'd still love to hear from you Flexible working We know the '9-to-5' isn't right for everyone. That's why Allica Bank is fully committed to flexible and hybrid working. Please let us know what is best for you and, if we can, we will do our best to accommodate. Diversity We're a diverse bunch here at Allica, with all kinds of experiences, backgrounds and lifestyles. Our openness and differences make us stronger, and we want everybody to feel comfortable bringing as much of themselves to work with them as they like. #J-18808-Ljbffr