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Treasury and Trade Operations Manager

Information About This Job

Job Title: Treasury and Trade Operations Manager
Contract Type: Contract
Location: London
Duration: 1 year FTC
Contact Name: Ben Cheema
Contact Email:
Job Published: 7 months ago

Job Description

Our client, A London based insurance and financial services firm, is looking to hire a Treasury and Trade Operations Manager to manage the company treasury and trade operations. 


Key Responsibilities

Investment Operations Management

  • Key participant in the activities of the operations management team. Working effectively with the other operations managers and the Head of Investment Operations to ensure the smooth running of the function.

  • Develop procedures and help develop policies to ensure that Treasury and Trade operations are at the leading edge of industry best practice.  

  • Key participant in the on boarding of new Sub-Advisors or other outsourced providers.

  • Cash and liquidity management and forecasting

  • Responsible for the activities of the Cash Management Team ensuring effective management of:

    • Cashflows, short-term forecasting and IM payment processing for designated Group accounts to ensure that necessary funds are available to make payments and that inflows are invested according to current investment policy.

    • MMF exposure monitoring and rebalancing where necessary

    • Longer term cash flow forecasting of the group - highlighting significant issues with a recommended course of action.

    • Optimisation and maintenance of the Treasury Management System and the electronic banking feeds.

    • Debt servicing and maintenance of interest and schedules

    • Daily cash position reconciliation for all Group funds

    • Bank account opening

    • Authorise money market fund (MMF) trades to facilitate cash movements.

  • Provide advice and support for the firm’s subsidiaries in their cash management and forecasting processes.  

Trade Operations

  • Responsible for the activities of the Trade Operations Team ensuring effective management of:

    • FX and trade operations

    • Submitting and confirming subscription or redemptions to or from the Fund.

    • Oversight of Daily Fund movements and operations. Conducting reconciliations and cash movements within the fund.

    • FX and derivatives verification, confirmations and settlement

    • Collateral management

    • Futures Margin

    • Fund/Custody account opening and onboarding of new investors

    • SWIFT/Neolink/Manual instructions

    • Monthly reconciliation of fund information and updating of systems

    • Onboarding new FX counterparties &  settlement instructions

    • Oversight of Asset servicing activities

    • Authorise investment trades to facilitate cash movements.

People management

  • Manage the Treasury teams to ensure that the tight daily deadlines are met and all processes are performed accurately.

  • Review the team’s required competencies and develop plans to address any gaps identified.

  • Ensure that necessary skills are developed and team members have a good understanding of the purpose of their role and the context of the role

  • Build and maintain engagement and morale within the team.

Banking arrangements

  • Ensure all necessary and appropriate bank accounts and services are in place

  • Participate in the drawing up of new and revised banking documentation (including mandates, account opening and know your customer requirements and facility documents)

Maintenance of records

  • Ensure that all Treasury procedures, records and manuals, such as the Bank Register and beneficiary libraries, are maintained in accordance with internal, regulatory and audit requirements.  

  • Ensure controls and segregation of duties is recorded appropriately within the relevant systems.

Project Work

  • Undertake ad hoc projects, either self initiated or at the request of the HIO or CIO.  In particular, relating to the change process required for new ventures, acquisitions, policy and procedures.

Relationship Management

  • Maintain strong relationships with providers of banking facilities and systems, BNP custody and the TA, consultancy services and outsourced process providers as well as other departments

Team cover

  • Ensure effective team cover is in place for the Treasury Team

  • Provide cover for the Head of Investment Operations or other Operations Managers, where appropriate.  

Business Continuity

  • Regular review and update of Treasury BCP documentation especially with respect to Activity Recovery plans to ensure Treasury Operations will suffer minimal disruption ensuring that the group’s payment obligations are met.

  • To manage Treasury participation in BCP testing sessions.


  • Identify and flag emerging risks to the HIO and Operations Assurance Team

  • To assess the performance of systems’ controls and risk indicators on a monthly basis, reporting the status of these to the Operations Assurance Team using Group Risk systems and Frameworks

  • Ensure that all risk documentation is maintained in accordance with internal, regulatory and audit requirements.

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