Assistant Manager Operations Planning

  • Location

    London, England

  • Sector:

    Operations & Middle Office

  • Job type:


  • Salary:

    £55000 - £60000 per annum

  • Contact:

    Bethany Singer

  • Contact email:


  • Job ref:


  • Published:

    4 months ago

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)

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