Treasury Operations Assistant recruitment
Overview
Business Operations is principally responsible for the delivery of the clearing and settlement aspects of LCH.Clearnet services, including the maintenance of basic statistical data relating to those operations. Treasury Investment Operations: To action all back office treasury processing covering confirmations, settlement, payments and receipts for cash, CD, money market, swap and tri party or bilateral repos. To provide cover for the Bank Reconciliations role as required.
Member Margin Management: To action operational processing of margin payments and receipts
Responsibilities
- To assist the timely collection and submission of relevant and required Management Information for the Treasury Operations area
- Identify ways to save costs and work with Manager to implement change
- Assist in the identification of appropriate controls to comply with the internal operational risk control framework
- Ensure Internal Procedures are reviewed regularly and kept up to date
- To participate in Internal Audit reviews within the department
- Ensure that the department's security policy, controls and guidelines are adhered to at all times
- Ensure awareness of the department's business continuity policy, processes and guidelines
- Identify ways to improve departmental processes/procedures and work with Manager to implement change
- Work with other departments/divisions to resolve conflicts and shared member issues
- Demonstrate awareness of Service Level Agreements/Tripartite Procedures
- Ensure that clearing members performance is monitored and issues reported to line Manager
- To ensure that incidents are reported accurately and in a timely fashion, having regard for the requirements of readers of the reports particularly in relation to understandability and relevance
- To carry out the early morning procedures as detailed in the Treasury Operations Internal Procedures
- To carry out the daily 'Cover Calling Process'
- To ensure that a full working knowledge of the SWIFT Alliance system is achieved
- Complete all tasks on Treasury Operations Control Sheet and Daily Checklist
- Margin payments to members
- Transfer of funds from receiving banks to core bank accounts to enable concentration of cash balances to support Treasury Investment activities
- Ensure that members 'cover' requirements are adhered to.
- Confirmations Settlements of investment transactions
- Payments and receipts of investment transactions
- Daily Security Holdings reconciliation
- Daily/Monthly reconciliation of cash
- Daily filing and monthly archiving
Additional Job Board Text
LCH.Clearnet is the leading independent clearing house group, serving major international exchanges and platforms, as well as a range of OTC markets. It clears a broad range of asset classes including: securities, exchange traded derivatives, energy, freight, interbank interest rate swaps credit derivative swaps, and euro and sterling denominated bonds and repos; and works closely with market participants and exchanges to identify and develop clearing services for new asset classes. LCH.Clearnet Group Ltd is owned 83% by users and 17% by exchanges.