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.

PERSONAL ATTRIBUTES & EXPERIENCE

• Experience of working in Treasury Back Office.
• Understanding of interest rate swaps, securities, liquidity and payments.
• You will have knowledge of Treasury settlement processes and in particular Treasury transactions.
• You are used to supporting Treasury with settlement of derivatives transactions, bonds and you will be able to perform the control checks for numbers accuracy.
• Excellent analytical and problem-solving skills developed from a finance-based background.
• Excellent oral and written communication skills with use of MS Office including Excel, Word and PowerPoint.
• Experience of continuous process change, implementing processes, procedures, reporting as per the business needs.
• Be capable of working in a fast-paced environment, managing complex, competing and alternating priorities with a constant focus on delivery.
• Have resilience and energy for collaborating with others, working flexibly and driving developments rapidly.
• Have confidence, creditability and highly developed interpersonal skills with a ‘can-do’ attitude.

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!

ROLE DESCRIPTION

Primary duties consist of Treasury Management daily operations to ensure all processes are completed accurately and in a timely manner. Assist with processing, coordinating and implementation of Treasury Management products to ensure delivery is within time frames as specified. Work closely with Treasury Front Office to enhance the satisfaction of our clients through timely and accurate funds management.
The role will focus on key treasury activities such as collateral management, payments, swaps settlement, intraday liquidity management and support Treasury with ad hoc projects and activities.

PRINCIPAL ACCOUNTABILITIES

• BAU support and cover of Treasury activities including reporting, reconciliation, settlements, payments processing, bank account signatories and other ad hoc tasks.
• Continuous process change, implementing processes, procedures, reporting as per the business needs.
• Assist in the management and maintenance of the bank’s Treasury Management System. Ensuring all transactions are recorded within the Treasury Management System.
• Reconciliation of derivative valuations and analysis of MtM movements.
• Month end preparation including statement gathering, fee and interest posting and resolving reconciliation discrepancies.
• Collateral Management reconciliation activities such as agreement of margin calls, collateral interest and coupons relating to derivative positions.
• Approval of trade confirmation matching for swaps and bonds.
• Performing daily payments, ensuring all treasury payments are made accurately and on time.
• Monitoring and reporting of counterparty credit risk to ensure Treasury remains within policy.
• Daily management of collateral posting and exchange with Bank of England including Bank of England testing.
• Liaise with external counterparts (banks, brokers) for smooth transactions and issue resolution.
• Assist in projects that involve new products or partnerships from the Treasury Operations perspective.