Treasury Assistant

  • Location

    City of London, London

  • Sector:

    Operations & Middle Office

  • Job type:


  • Salary:

    £30000 - £35000 per annum

  • Contact:

    Scott Duerden

  • Contact email:


  • Job ref:


  • Published:

    about 1 year ago

My Client, an Execution only Equity Broker, based in the City are looking for a Treasury Assistant. The principal role is to perform daily Treasury functions, including FX and Cash Management responsibilities. Responsible for analysis and reporting on a regular and ad hoc basis of capital usage trends, transfer pricing and interest analysis.

As a Treasury Assistant you will be responsible for:

  • Treasury FX and MM dealing, execution FX dealing for equity traders (assessment of exposures, impact on account/visibility)
  • Maintain and build relationships with Custodian Bank, FX Banks and other internal/external clients.
  • Capital and Debt Management; negotiation of overdraft lines and letters of credit
  • European Cash Management and Forecasting
  • Consolidating and reviewing short term cash and overdraft positions
  • Preparation of European daily cash report distributed to senior management and global treasurer
  • Analysis of overdraft costs
  • Preparing Month Report analysing capital usage trends across Europe
  • Involvement with budgeting and forecasting process
  • Forecasting and Tracking monthly interest expense; perform month-to-month variance analysis and variance to budget analysis
  • Prepare monthly Capital Usage Report
  • Month end reconciliation of Treasury accounts and FX positions
  • Authoriser for all Treasury, AP and FX payments as required on relevant systems
  • Maintenance and set up of bank accounts

As a Treasury Assistant you will need:

  • To be able to manage, control and escalate risks to management within the scope of the position.
  • Have experience within Treasury FX and MM.
  • Excel knowledge
  • Experience in analysis and reporting

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