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Assistant Manager Operations Planning
- Posted 01 April 2019
- Salary £55000 - £60000 per annum
- Location
- Job type Permanent
- Discipline Banking Operations
- ReferenceBBBH14289_1554115972
- Contact NameBethany Singer
Job description
My client, a well-established International Bank based in the City, are looking for an Assistant Manager to assist the Head of Operation Planning Department (HoOPD) and other senior members in the first-line-of-defence operational risk control and planning. Ideal candidates will have solid back office knowledge, and will perhaps have a broader scope of "branch operations" within Treasury or Loans.
As an assistant manager you will be responsible for:
- Monitoring the reconciliation and investigation processes relating to nostro accounts, Inter-Office (I/O) balances and interest and Bond reconciliations.
- Overseeing the static data maintenance in various systems, co-ordinating with user departments and Head Office.
- Monitoring the reconciliation and investigation processes relating to nostro accounts, Inter-Office (I/O) balances and interest and Bond reconciliations.
- Carrying out the following duties and responsibilities of Operation Planning Department (OPD) coordinating with other members of the department.
- Assuming responsibility for the ongoing review and development of team members.
- Organising / co-ordinate the weekly team meeting.
- Managing the project work within the team, ensuring deliverables are prioritised appropriately.
- Assisting the HoOPD in developing the Operational Risk elements of the enhanced Risk Management Framework.
- Assisting in preparing the necessary operational material for the Risk Control Committee (RCC).
- Assisting in the preparation of monthly Management Information (MI) - including, but not limited to: Monthly Topics Report, Branch Risk Overview Report, Branch Internal Control Target progress, Risk Appetite statement.
- The maintenance and control of the irregularity and incident reporting framework, also acting as the focal point within OPD for related updates.
- Assisting the HoOPD in developing daily Key Risk Indicator statistics.
- Monitoring the control of the Branch Procedure Manual framework, having an awareness of upcoming annual reviews, escalating overdue updates to Compliance Department and providing support to staff throughout the Branch.
- The maintenance of the System Functionality Manual, including updating the manual and liaising with IT Department as necessary.
- Supervising the day-to-day operations of the operational side of the OPD team.
- Updating and maintain holiday calendars for each currency / country in relevant systems.
- Maintaining our counterparties Standard Settlement Instructions based on updates required by Treasury Operations Department (TOPS), Loan Administration Department (LAD) and also incoming SWIFT messages.
- Overseeing the daily OPD Checklist tasks in an accurate, thorough and timely manner.
- Overseeing the maintenance of credit line data within various management systems.
- Overseeing the nostro reconciliation process and to ensure the correct reporting of account "start balances" to the daily position keepers in TOPS.
- Monitoring nostro reconciliation outstanding items and to ensure investigations are pursued to a satisfactory conclusion.
- Overseeing completion of the Inter-Office and bond reconciliations in timely fashion each month.
- Responsible for completing annual appraisal and bonus reviews of staff at Clerk and Senior Clerk level.
As an Assistant Manager you will need:
- 5+ years previous experience in a financial industry (reconciliations, Back Office or database control)
- A solid knowledge of banking operations and a good understanding of the operational risk framework
- Knowledge of SWIFT and payments (MT202, MT103) essential
- Basic knowledge of Treasury and / or loan products essential
- MS Excel (Intermediate)
- MS Access (Basic)
- MS SharePoint (desirable)