Treasury Operations Analyst

Allica Bank; Greater London; Hybrid; GBP 35,000 - 50,000; Full time

Job summary

A leading financial technology firm in the UK is seeking a Treasury Operations Analyst to ensure the smooth execution of treasury operations. The role involves managing daily operations, improving processes, and supporting treasury-related projects. Ideal candidates should possess strong analytical and problem-solving skills, excellent communication capabilities, and proficiency in Microsoft Office. The company values diversity and offers flexible working arrangements along with comprehensive employee benefits.

Benefits

Flexible working options

Pension contributions

Discretionary bonus scheme

Private health cover

Life assurance

Full onboarding support

Qualifications

• Prior experience in a Treasury Back Office role or similar is beneficial but not essential.
• Willingness to learn and self-develop knowledge of treasury products and processes.
• Basic understanding of interest rate swaps, securities, liquidity, and payments is advantageous.

Responsibilities

• Execute BAU treasury operations including settlements, payments, reconciliations, and reporting.
• Support continuous improvement by implementing enhanced processes and procedures.
• Maintain and manage the Treasury Management System.
• Perform derivative valuation reconciliations and analyze MTM movements.
• Monitor and report counterparty credit risk.

Skills

Analytical skills

Problem-solving skills

Verbal communication

Written communication

Proficient in Excel

Proficient in Word

Proficient in PowerPoint

Tools

Treasury Management Systems

Microsoft Office

Job description

About Allica Bank

Allica is the UKs fastest growing company - and the fastest-growing financial technology (Fintech) firm ever. Our purpose is to help established SMEs one of the last major underserved opportunities in Fintech.

Established SMEs are the backbone of local communities - representing over a third of our economy - yet have been largely neglected both by traditional high street banks and modern fintech providers.

Role Description

As a Treasury Operations Analyst at Allica Bank you’ll play a critical role in the day-to-day operations of our Treasury function. You’ll ensure accurate and timely execution of key treasury processes collaborate closely with our Treasury Front Office team and help drive operational efficiency across all treasury related activities.

This is an exciting opportunity to develop your treasury knowledge in a dynamic and fast-growing environment with exposure to a wide range of financial instruments and operational processes.

Principal Accountabilities

• Execute BAU (business-as-usual) treasury operations including settlements, payments, reconciliations, reporting and managing bank account signatories.
• Support continuous improvement by implementing and enhancing processes, procedures and reporting aligned with business needs.
• Maintain and manage the Treasury Management System (TMS) ensuring accurate recording of all transactions.
• Perform derivative valuation reconciliations and analyse MTM (mark-to-market) movements.
• Prepare for month-end by gathering statements, posting fees/interest and resolving reconciliation discrepancies.
• Carry out collateral management reconciliation including margin calls and interest/coupon payments on derivatives.Approve trade confirmations for swaps and bonds.
• Process daily treasury payments accurately and on time.
• Monitor and report counterparty credit risk to ensure policy compliance.
• Manage daily collateral exchanges with the Bank of England including related testing processes.
• Liaise with external counterparties (banks, brokers) to ensure smooth transaction execution and issue resolution.
• Support treasury-related projects including new product launches and strategic partnerships.

Personal Attributes & Experience

Treasury & Technical Knowledge

• Prior experience in a Treasury Back Office role or similar is beneficial but not essential.
• Familiarity with Treasury Management Systems is desirable (training will be provided) with an expectation to self-research relevant Treasury Products and processes.
• Basic understanding of interest rate swaps, securities, liquidity and payments is advantageous.
• Willingness to learn and self-develop knowledge of treasury products and processes.

Skills & Attributes

• Strong analytical and problem‑solving skills ideally from a finance or accounting background.
• Excellent verbal and written communication skills.
• Proficient in Microsoft Office particularly Excel, Word and PowerPoint.
• A proactive and adaptable approach with the ability to manage multiple priorities in a fast‑paced environment.
• High level of integrity, initiative and a collaborative mindset.
• Resilient with a strong sense of ownership and a solutions‑oriented attitude.

Working at Allica Bank

At Allica Bank we want to ensure our employees have the right tools and environment in which to succeed in their role and in support of our customers.

Our employees are at the heart of everything we do so our benefits are designed with you in mind :

• Full onboarding support and continued development opportunities
• Options for flexible working
• Regular social activities
• Pension contributions
• Discretionary bonus scheme
• Private health cover
• Life assurance
• Family friendly policies including enhanced Maternity & Paternity leave

Dont tick every box

Don’t worry if you don’t have all the skills or requirements listed on the job description. If you think you’ll be a good fit we’d still love to hear from you!

Flexible working

We know the 9‑to‑5 isn’t right for everyone. That’s why Allica Bank is fully committed to flexible and hybrid working. Please let us know what is best for you and if we can we will do our best to accommodate.

Diversity

We’re a diverse bunch here at Allica with all kinds of experiences, backgrounds and lifestyles. Our openness and differences make us stronger and we want everybody to feel comfortable bringing as much of themselves to work with them as they like.

Other Information

Employment Type: Full‑Time

Department / Functional Area: Finance

Experience: years

Vacancy: 1