Treasury Dealer/Analyst (Front Office) Treasury · London ·

Cynergy Bank Limited; London; Hybrid; GBP 45,000 - 60,000; Full time

Job summary

A leading bank in London is seeking a Treasury Analyst to join their Markets team. This hands-on role involves supporting day-to-day Treasury activities and managing liquidity portfolios while providing opportunities for professional growth and exposure to various Treasury functions. Candidates should have a strong analytical background, experience in banking, and be proficient in both communication and Excel.

Benefits

Competitive Salary and Company Bonus

Pension Contribution and Life Assurance

Medical Cover (After Probation)

Electric Car Scheme

Opportunity to purchase additional holiday

Qualifications

• Minimum 2-3 years experience in Bank Treasury.
• Good knowledge of FX and IRRBB risks.
• Highly IT literate.

Responsibilities

• Support Deputy Head of Markets in daily activities.
• Manage TMS system and booking activities.
• Conduct credit checks and bond portfolio monitoring.

Skills

Analytical Thinking

Communication

Numerical Literacy

Motivation

Stakeholder Management

Problem Solving

Education

Degree in Mathematical/Numerical Focus

Tools

Excel

Bloomberg

Reuters

Job description

Application Deadline: Tuesday 16th June

Hybrid Working Pattern: 3 days in Office & 2 WFH

About us

Cynergy Bank is the UK’s human digital bank serving the needs of ‘scale up’ or medium sized and fast-growing SMEs; professionals; high net worth and mass affluent individuals, in essence those market segments that still value human service enabled by great technology.

We recognise that professional and personal lives often overlap and our mission is to help empower our customers to achieve their ambitions by serving all their interdependent banking needs. We provide a comprehensive range of digitally enabled products and services to meet the property finance, business and commercial banking, private banking and personal savings needs of our customers.

Our human and digital model transforms banking for customers who still value a face-to-face relationship that is enabled by the latest digital technology.

We partner with firms such as Google Cloud, Cigniti and Slalom as we continue to innovate in the human digital space.

Cynergy Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Eligible deposits with Cynergy Bank plc are protected by the UK Financial Services Compensation Scheme.

For more information on Cynergy Bank visit www.cynergybank.co.uk

Company Benefits

• Competitive Salary and Company Bonus
• Competitive holiday allowance plus bank holidays
• Option to purchase an additional 10 days holiday
• Pension contribution and Life Assurance
• Income Protection Scheme and Season Ticket Loan
• Medical Cover (After Probation)
• Electric Car Scheme and Money Coach (After Probation)

The Role:

The Markets team acts as the Front Office for Treasury and is responsible for all trade and execution on behalf of the bank to include HQLA, IRRBB and FX management. Alongside the day-to-day management of activities, there is a requirement to accommodate strategic and system changes and drive continuous improvement on all aspects of the Markets team. This is predominantly a hands-on office-based role, great for an analyst looking for broad exposure to front office.

Responsibilities:

• Support the Deputy Head of Markets in day-to-day running activities of the Front Office and liquidity portfolio activities, providing suitable cover in times of absence
• Managing and controlling the Bank’s TMS system and booking activities, working closely with middle and back offices
• Support the Deputy Head of Markets on other treasury related market and execution activities as required
• Supporting hedging activity (IRS and FX), ensuring adherence to relevant procedures and limits.
• A good understanding of the Macro Economy.
• Dual responsibility for liquidity portfolio bond purchases, pricing and booking (with recommendation papers to ALCO /senior management as required)
• conducting and developing initial and ongoing credit checks for bond purchases, including bond portfolio monitoring and review to meet regulatory and internal control requirements.
• Develop external market relationships with banks, bond issuers and other market counterparties to support the Bank’s treasury deliverables under guidance from senior management.
• This is a treasury analyst role which will grow in line with the growth of the Bank and the Treasury function and will provide an excellent opportunity for the individual to have exposure to all of Treasury functions, offering opportunity for future growth and promotion.

Additional Responsibilities for Role

• Individual should expect high involvement with Treasury systems implementation as the organisation looks to embed the new Treasury & Risk system
• Support the Deputy head of Markets at all times. Provide Holiday cover for the Markets team, which will involve exposure to trading and execution (Full training will be provided)

Essential Knowledge & Experience:

• Minimum 2-3 years of experience in a Bank Treasury or similar
• Be highly motivated with a general understanding of Treasury Front office activities in a banking environment
• Have a good knowledge of FX and IRRBB risks
• Be highly IT and numerically literate.
• Be able to work in a high pressured and fast-moving environment, dealing with practical solutions
• Be a clear and effective communicator, both written and oral
• Have awareness of risks; credit, operational, capital and legal
• Have advanced Excel skills

Desirable Knowledge & Experience:

Experience of working in the Treasury department of a mid-sized building society or challenger bank.

Educated to degree level, ideally with a mathematical/numerical focus

Experience of using Front Office Treasury Systems, Bloomberg/Reuters, SIENA, Eurobase or other such systems.

Behavioural Attributes:

Proven stakeholder management and ability to manage competing priorities as they arise

A co-operative and collaborative attitude who can work well in and across teams, both within finance / treasury / risk and across the wider business

Proven self-starter who can take the lead in issue identification and problem solving

Good communication skills and ability to translate complex treasury activities into easy-to-understand explanations