Treasury Analyst

Job Description - Treasury Analyst

large privately owned insurance broker , with revenues in the billions.

Commenced expansion outside over 10 years ago when it acquired an international business with presence in 16 further countries.

The international business is headquartered in London, with operations in Asia, the Middle East and Latin America. The international business accounts for c.25% of global revenues.
The global business continues to grow, and there are ambitious expansion plans over the next few years.

They are a dynamic and entrepreneurial organisation and are seeking individuals who will thrive in this type of firm.

UK Treasury Operations Team

The UK Treasury Operations team, based in Brighton, is responsible for managing both the firm's operating cash and also the client cash we hold as a result of being a regulated insurance broker. They manage all bank accounts for the UK entities in the group, as well as Ireland, Bermuda and Malta subsidiaries. In line with the firm's strategy, the UK Treasury team is developing and enhancing its capabilities. A vision and strategy for the team is currently being developed, which will review the organisational structure, implement and optimise the use of a new treasury management system (GTreasury), establish more robust controls and increase the efficiency of our processes. We expect new joiners to actively contribute to the development of the team.

Purpose of the role:

The role is in the UK Treasury team with a focus on;

Managing the UK operations' cash effectively and efficiently
Ensuring the funds we look after on behalf of clients are managed appropriately
Investing funds as necessary to allow an effective rate of investment return
Helping with initial implementation of GTreasury, and being involved in developing its additional capabilities and efficiencies over time
Administering and maintaining the banks under our control

Key responsibilities of the role:

Cash management

Managing same/intraday liquidity for both operating and client accounts
Ensuring optimal use of global cash pool accounts
Contribute to the optimisation of the firm's interest income and expense
Control of standing orders/direct debits

Payments

Input and approval of payments into banks and/or GTreasury
Bank Account Management
Ensuring appropriate electronic access is in place on all bank accounts
Maintain the correct signatories on all bank accounts
Relationship management with the banks in your operational areas
Foreign Exchange (FX)/Investment
Placing FX trades (spot and forwards) as directed to manage the firm's FX operational and risk requirements

FX reporting

Short term multi-currency forecasting
Investment of cash into appropriate funds to optimise
Qualification
Good academic background, with strong A levels
Educated to degree standard - preferable, but not essential
Part/fully qualified accountant (ACA / ACCA / CIMA).

Relevant Experience

Proven ability to drive changes and implement new policies / processes
Demonstrate ability to work well as a team
Exposure to change projects would be helpful
Intermediate Excel skills

Hybrid 2 days/ week in Brighton Office

FTC - 12 months - perm - £60k