Liquidity/Treasury Associate

TN United Kingdom; London; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a motivated individual to join their European Cash Desk team. This role involves optimizing cash and liquidity for client accounts while collaborating with portfolio managers across multiple regions. The ideal candidate will thrive in a dynamic environment, demonstrating strong attention to detail and excellent communication skills. You'll have the opportunity to enhance processes and tools through automation, ensuring accurate cash management and addressing ad hoc requests from stakeholders. Join a forward-thinking organization that values collaboration and excellence in a supportive team atmosphere.

Qualifications

• Highly motivated with strong attention to detail and a solid work ethic.
• Ability to organize, prioritize activities, and perform under strict deadlines.

Responsibilities

• Monitor cash management processes and collaborate with clients and portfolio managers.
• Manage cash movements related to funds and trades to ensure accuracy.

Skills

Cash Management

Communication Skills

Attention to Detail

SQL Query Building

Excel Skills

Job description

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PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients’ capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world’s largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns.

Since 1971, our people have shaped our organization through a high-performance inclusive culture, in which we celebrate diverse thinking. We invest in our people and strive to imprint our CORE values of Collaboration, Openness, Responsibility, and Excellence. We believe each of us is here to help others succeed, and this has led to PIMCO being recognized as an innovator, industry thought leader, and trusted advisor to our clients.

Position Description:

Position Overview

The European Cash Desk is responsible for projecting and optimizing cash/liquidity in all PIMCO client accounts with portfolio managers based in Europe, Asia, and Australia, by providing a global solution and pivoting to market and client needs. The 6-person team across London, Munich, and Dublin works closely with the Portfolio Management group to determine cash/liquidity requirements and collaborates to invest excess cash or raise cash to facilitate purchases and liquidity needs. The European Cash Desk also manages daily cash flow notification procedures and other daily responsibilities and ad hoc requests. Initially, this role will focus on ensuring the accuracy of cash figures for the investment desks.

The European Cash Desk interacts directly with Portfolio Managers, Account Managers, Clients, AGI, State Street IMS, and Custodian Banks.

Essential Job Functions:

• Monitor the cash management process with its multiple adjustments and iterations throughout the day.
• Collaborate with Clients, KVGs, Account Managers, and Portfolio Management to manage client-directed cash contributions and withdrawals.
• Manage cash movements related to Funds, Segregated accounts, and trades to ensure accurate cash ladders for the investment desks.
• Identify potential risks within current processes and procedures and implement necessary changes to mitigate them.
• Review and enhance current reports and tools through increased automation.
• Provide accurate and timely responses to daily ad hoc queries from internal and external stakeholders.
• Manage the account lifecycle concerning cash management activities such as transitions, closures, and setup.

Position Requirements:

Requirements

• The ideal candidate will be highly motivated, able to work independently and within a global team environment.
• Flexibility and adaptability to shifting workloads based on changing priorities.
• Alternative shift patterns: 6:45 am – 3:00 pm (one week per month) and 9:30 am – 7:00 pm.
• Strong attention to detail and a solid work ethic.
• Ability to organize, prioritize activities, and perform under strict deadlines.
• Excellent command of written and verbal communication, with understanding of report analysis and generation.
• Strong Excel skills (including macros) and SQL query building skills are a plus.
• Excellent English communication skills, both verbal and written.