Treasury Manager - Cash and Liquidity Risk

Role: Cash and Liquidity Risk Manager

Industry: FX Brokerage

Role Type: 6 month contract

Pay Rate: £450-650 per day PAYE

Reports To: Group Treasurer

Department: Finance and Treasury

About the role: Seeking a skilled Treasurer to manage the company's cash and liquidity risks, ensure compliance with regulatory requirements, and optimise liquidity positions. The ideal candidate will be commercially aware, pragmatic, and possess a strong understanding of cash and liquidity management in the financial industry.

Responsibilities:

• Cash Position / Liquidity Reporting: Prepare daily net cash reports, provide commentary on material movements, reconcile to Finance data, and monitor against internal liquidity stress tests and regulatory limits. Submit quarterly MIF002 report.
• Forecasting and Planning: Develop short-term cash projections by currency and entity for day-to-day cash management, as well as long-term cash flow projections by entity for strategic planning.
• Optimizing Yield on Cash and Cash Equivalents: Develop and implement strategies for effective cash and liquidity management, including cash management, monitoring and managing concentration risk, and maintaining relationships with banks and trading counterparties.
• Intercompany Management: Manage intercompany flows, develop borrowing limits, provide visibility of intercompany positions to entity management, and develop a framework for allocating costs across the group.
• FX Liquidity Management: Forecast and plan FX hedging requirements for operating expenses and other material expenditure.
• Process Improvement / Automation Projects: Work with the Business Intelligence team to develop systematic reporting and analytics. Support systems migration and integration projects.
• Annual Liquidity Assessments and Policy Documentation: Conduct annual ILAA assessments, validate assumptions, document methodology for liquidity stress testing, support wind-down planning and RRP analysis, and identify potential liquidity risks and develop contingency plans.

Key Outcomes:

• Optimized Liquidity Position: Maintain an optimal liquidity position while balancing business needs, regulatory requirements, and market conditions.
• Effective Risk Mitigation: Develop and implement robust risk mitigation strategies to protect against cash and liquidity-related risks.
• Compliance and Reporting: Ensure timely and accurate reporting on cash and liquidity positions, demonstrating compliance with regulations and internal policies.
• Stakeholder Satisfaction: Foster positive relationships with internal and external stakeholders by providing expert guidance on cash and liquidity management.

Qualifications:

• Bachelor's or Master's degree in Finance, Economics, or a related field.
• Several years of experience in cash and liquidity risk management within the financial services industry.
• Strong analytical skills and the ability to interpret complex financial data.
• Commercial awareness and a pragmatic approach to risk management.
• Excellent communication skills, both written and verbal.
• Knowledge of relevant regulations and best practices in cash and liquidity risk management.

Robert Walters Operations Limited is an employment business and employment agency and welcomes applications from all candidates