Manager, FX, FXO, Yes Certs, MM, Bonds Central Payments and Treasury O - London, United Kingdom,
We are looking for an experienced Manager to join the operations department of this Mayfair Private Bank. You should have at least five years in a similar role, with proven supervisory or management skills. To include the knowledge of FX, FXO, YES Certs, MM, Bond and IRS.
You will be responsible for the central payments and treasury function, to ensure technical/operational procedures and documentation produced for own areas of responsibility are complete, current and written in accordance with the banks standards.
To work with the Assistant Manager to ensure that all the functions and the team members perform their duties, or if necessary initiate all work-flows this includes:
Cash Management, Nostro & Reserve account maintenance - appropriately and timely.
To process and settle all aspect of proprietary trading undertaken by London Treasury (Current products: FX, FXO, YES Certs, MM, Bonds and IRS).
Including monitoring of confirmation matching platforms and CLS and perform daily netting, all the above being risk conscious and ensuring the department operate within our mandated duties. ISDA Collateral Agreements (CSA) - ensure margin payments and receipts are executed in a timely manner in line with the documentation and instructions from Middle-office.
EMIR/MIFID Repository reporting using Unavista (Trade echo) in accordance with regulatory guidelines and the banks procedures.
Close of Business tasks
Monitoring and resolution of Nostro outstanding items,
Monthly Treasury statistics, KRI reporting, Bond portfolio maintenance and IRS event scheduling and reconciliations to Globus.
Mandate checking and authorisation, formatting and routing of all payments on behalf of the Bank and its clients, and as Correspondent Bank for the subsidiary Guernsey and Jersey Branch, for London clients using "memos" sent to payments processing e-mail box (or placed in NCM) or duly authorised instructions, all payments are input (work-flow in place) to Globus to be interfaced and transmitted to our Nostro Correspondents via SWIFT.
Channel Island payments are routed and interfaced between Swift & Globus. Ensure all payments are executed timely in accordance with operating procedures and published cut-offs. Monitor timely processing from the front-office ensuring breaches and return of funds are logged in accordance with our reporting obligations.
Incoming Payments, monitoring and supervision off, including checking off authenticated pre-advices for third party payments.
Investigations; any queries brought to our attention or otherwise discovered must be investigated and followed until completed. Keeping involved parties appraised with the status of the investigation. Line manager will review outstanding and closed items on a weekly basis also ensuring that all required items have been logged in accordance with our operating procedures.