Treasury Back Office Specialist

About the team:
You will be joining a team responsible for the Settlement of all Treasury transactions completed by the group, reporting into one of the Back Office Team Leaders. You will be exposed to a variation of niche Back Office related tasks to support the wider Treasury and Financial Control functions. This is a brilliant opportunity to join a team going through an exciting period of change and development_._

About Us:
OSB Group is a leading specialist mortgage lender, primarily focused on carefully selected segments of the mortgage market. Our specialist lending is supported by our Kent Reliance and Charter Savings Bank retail savings franchises. Diversification of funding is provided by sophisticated securitisation platforms. OSB’s unique cost-efficient operating model is supported by our wholly-owned subsidiary OSBIndia.

What you will be doing:
In this role, you will have the opportunity to undertake the daily tasks required to ensure Treasury deals are executed to the highest standard as agreed with counterparties to fulfil the Group’s obligations.

This varied and fast paced role offers you the opportunity to join the team at an exciting point of change within the department. You will be directly involved in the implementation of long and short term project work to support both the Bank’s success and your professional goals.

Your responsibilities will include
- Assisting the Treasury front office department and take a pro-active role in the day to day back office administration and related activities ensuring that Treasury’s operational goals and the Group’s contractual obligations are met.
- Monitoring the Treasury Management System throughout the day for new deals undertaken by Front Office that will require action. Ensure the Treasury Management System is updated with any cash movements made throughout the day. Upon approval, set up new counterparties in the Treasury Management System.
- Managing daily CSA and Repo collateral management through the determination and calling of margin at a client level, including dispute management and portfolio reconciliations and reporting to mitigate credit risk.
- Managing monthly swap clearing reconciliations and payments with approved swap clearing counterparties. Ensuring all discrepancies are appropriately raised with the clearers and resolved, escalating as appropriate.
- Prepare treasury payments in line with current authorities ensuring accuracy and delivery against contractual obligations.
- Contributing to the smooth running of the Group’s cash management responsibilities, (including Group Pooled deposits) in respect of its current (and any future) structured finance arrangements.

In return for your commitment:
We offer a base salary dependent on experience of between £24,000 - £28,000 and a competitive benefits package including:

- Discretionary annual bonus opportunity of up to 12.5%
- 28 days annual leave plus bank holidays
- Contributory pension (8% employer 5% employee)
- Life Assurance (4x salary) plus Group Income Protection
- Access to Private Medical Insurance and Medical Cash Plan
- Additional benefits such as Hybrid working, Cycle Purchase scheme, Technology Purchase scheme, Season Ticket Loan, Holiday purchase / sell schemes, Employee Perk Portals, Payroll giving and Save as you Earn scheme

Could you be the one?:
We are looking for talented individuals who have the experience and knowledge set out below:

- Previous experience of working in a Treasury Back Office function is essential.
- Previous experience of having worked with a Treasury Management System including instrument set up, collateral management and control of payments and settlement instructions is essential.
- Basic knowledge and good understanding of Treasury Back Office functions and operational processes is essential.
- Knowledge of Treasury products is essential.
- Strong knowledge and understanding of Microsoft Word and Excel is essential.

We also believe that your career and how you progress is as unique as your individual personality. We continually support our people so they can become the best version of themselves.

What to do next:

- OSB Group are dedicated to diversity in the workplace and committed to treating all our employees and job applicants equally. We embrace equal opportunities and are opposed to discrimination on any grounds._
- As part of our public commitment to the Women in Finance Charter, we have introduced our own initiatives to attract, develop and advance senior women in our sector. We don’t stop there though, we have broadened our approach to encourage diversity and inclusion at all levels and in all roles. Our leadership and Executive Committee are right behind us, to the extent that our Diversity Champions sit at Board level and on a monthly basis receive updates on our progress._
- Whilst we are an organisation that values face-to-face interaction to build and nourish our culture, we also acknowledge that peo