Goodman Masson Recruitment Services Ltd
City Of London
£70k - £80k pa
19 Oct 2016
17 Nov 2016
Contract Type
An opportunity for an experienced Treasurer has arisen at a financial services firm in the city. This is a hands on role but also requires some man management. This role would suit a Treasurer with a background in a regulatory environment and the successful candidate will be either AMCT or Accountancy qualified.

The main responsibilities of the role are:

Manage daily cashflow
- Intra-day monitoring of cash balances with banks (client and office balances) and brokers;
- Ensure no breaches of FCA or internally set exposure limits to these counterparties;
- Liaise with front office, credit and trade management departments regarding large outflows/inflows of funds to/from clients and brokers;
- Maintain sufficient balances in major currencies to enable timely payment of all transactions in required currency as they fall due.

Manage non-trading FX exposure
- Daily monitoring of Balance Sheet FX exposure;
- Take action required to keep exposure within board set limits;
- Review costs associated with various methods of exchanging FX, suggest and implement changes to gain cost efficiencies.

Approval of daily broker calls/recalls
- Approve calls/recalls to/from brokers.

Perform analysis on bank, broker and payment service provider charges
- Ensure all charges and fees are in line with contracts;
- Review costs of transacting with these providers, suggest and implement changes to reduce costs.

Daily review of bank reconciliations (client and office)
- Ensure daily bank reconciliations are performed (and available for CASS)
- Review bank reconciliations (including investigating long outstanding items)

Ownership of online bank, broker and acquirer portals
- Maintain matrix of staff accesses and permissions to all bank, broker and acquirer portals and ensure system accesses are set up accordingly;

New bank, broker and acquirer procedures
- Appraisal of potential new counterparty proposals;
- Administration relating to new bank, broker and acquirier relationships;
- Ensure new counterparties are integrated into all existing finance department processes;

Day to day supervision of the regulatory accountant
- Review daily cash segregation calculations;
- Review daily capital adequacy calculations;
- Work with Regulatory accountant to streamline processes;