Treasury Settlement - Assistant Middle Office Job in City of London, London

Treasury Settlement – Assistant Middle Office Job in City of London, London. Apply for the latest City of London, London jobs in Accounting/Financial/Insurance.

Treasury Settlement – Assistant Middle Office Job in City of London, London

Job Description
Assistant (Treasury Settlement) – Min 2 years

Cover treasury middle office and assist with payment correspondence banking/payments, reconciliations, settlements of loan back-office settlements and trade services where necessary.

Mandarin – Advantageous but not necessary

Finish the daily Transaction Reports: including daily trade activity reporting, daily Profit & Lost production, reconciliation, and attribution analysis, comprehensive independent price verification, trade break investigation and remediation, market value adjustment processes.

Collateral Management: credit documentation (ISDA/CSA) management, transaction data collation and validation, margin valuation, reconciliation, exchange (settlement), and confirmation of margin (including dispute management), periodic collateral reconciliation and counterparty reporting.

End-to-End Trade Reconciliation: undertake comprehensive validation of trade data throughout the trade lifecycle.

Regulatory Reporting: discharges the associated completeness, accuracy, trade investigation/remediation, and governance reporting responsibilities. This role should also act as a point of liaison with the various reporting service providers

MM/FX/NDF

Check deals ticket produced by FMBM process in GMO and SCMS accordingly.

Swap instructions for London trades.

Send chaser confirmations for non-receipts.

Chase non receipts or late payments of funds.

Keep copies of forward deals in folder for future payments.

Safe keeping of used Reuters paper from the Dealing Room.

Pass entries for Bank charges and Dr/Cr interest charges.

Filing of days' work in a timely manner.

SECURITIES(BOND/CD/REPO)

Check all details of Security trade ticket and process in GMO and SCMS accordingly.

Send Security confirmation to counterparty.

Send scanned copy to HO by email to confirm Security details.

Monitor the due coupon in the report generated by GMO;

Send SWIFT to advise HO of coupons due and position amounts.

File finished Securities in Security folder.

IRS

Check all details of IRS ticket and process in GMO and SCMS accordingly.

Check the rate regularly and reset the floating rate.

Monitor the due IRS in the report generated by GMO.

Send SWIFT to pay or receive net interest.

Upload Soc Gen statement from FMBM and process in GMO.

File finished IRS in the folder.

Overview:

Undertake verifications duties for of daily transactions as and when required.

Remain vigilant regarding AML rules and procedures during routine working; all the CDD and AML checking as required by the Bank's policy; keep all AML check evidence for AML check for audit trial purpose.

Must report/escalate to MLRO for potential positive hit or suspicious transaction in accordance with the Bank's AML policy.

An understanding of key roles and regulations governing CASS

Management reporting and governance of transaction reporting processes under EMIR, MiFID, MiFID II

Job Type: Permanent, Full Time
Location: City of London, London
Category: Accounting/Financial/Insurance
City: City of London
County: City and County of the City of London
Country: United Kingdom
Salary:
Benefits: