Head of Operational Support Treasury Controls amp Trade Reporting

pstrongJob PurposestrongbrppLead and manage the Operational Support Department in covering the roles of Treasury Administration Data Administration System Security Internal Control Functions and Trade and Transaction (T&TR) functionsppstrongbrstrongppstrongstrongJob ContextstrongbrstrongppThe Operational Support department was established to bring together the departments of Internal Control Data Administration and Trade and Transaction Reporting The department reports to the Head of Operations and supports the Operations teams and Business Teams in segregating Static Data System Security and Control Functions such as Reconciliations and Confirmations ppppstrongResponsibilities Accountabilities & DeliverablesstrongppOverall responsibility for the departmental day to day tasks To manage and coordinate the team to ensure that the following areas are coveredpulliInternal Controls Performing all reconciliations including Nostro Suspense Stock Reconciliation EMIR and Front Office and Back Office Reconciliation (FOBO) Quarterly Balance Sheet substantiation Conducting Trade Surveillance on Treasury trading activity Counterparty limit excess monitoring FX P&L and position monitoring Treasury Confirmation matching Checking daily rate revaluations in Urbis liliTrade & Transaction Reporting (T&TR) Ensuring the accuracy and completeness of trade and transaction data reported to regulators and other authorities Monitoring the reporting process identifying and resolving any issues or discrepancies and liaising with internal and external stakeholders to ensure compliance with relevant rules and standards Be expected to keep abreast of regulatory changes and updates and implement necessary changes to the reporting systems and procedures ie MiFID II EMIR SFTR and CSDRliliData Administration Management of Client Data Account Data and all other static data including Holiday Data CDs Bonds Currencies Receivables database and SSIs into ABCIB Systems Unblocking and re blocking of Dormant Sanctioned and Operational accounts Responding to external Audit RequestsliliSystem Security Setup and update of user access rights in various ABCIB and external systems ensuring that proper controls including segregation of duty are maintained liulpstrongAccountabilities and Deliverables of the RolestrongpulliMonitor and evaluate the effectiveness of Internal Controls Policies and Procedures and Process Maps alignment with Group Standards and Policies liliIdentify and report any gaps weaknesses or violations of regulatory requirements or internal standards liliNostro Reconciliation Management (Daily Monthly Reporting)liliProvide guidance and support to business units and functions on compliance and risk issuesliliConduct audits reviews and investigations as neededliliImplement corrective actions and improvement plans to address any findings or recommendationsliliCollaborate with internal and external stakeholders to foster a culture of compliance and risk awarenessliliVendor management for systemsliliEnsure a prompt and accurate response to amendment requests to the various core systems including password and access control maintaining adequate audit trials for the work undertakenliliImplementation of Key Performance metrics capacity planning and SLAs to drive a consistent rigorous and ongoing assessment of operational performance in line with Lean Six Sigma (LSS) standards liliAlignment and standardization of processes for key products to create one best way support the delivery of a Group standard Target Operating ModelliliPut in place a daily performance meeting (and supporting whiteboard with staff) liliLook to build team selfsufficiency for the activities including reporting thereofliliSupport the Lean Six Sigma (Process Improvement) manager in all aspects of The Lean Journey that needs to be delivered in the department including personal and team LSS trainingliliIdentification and Management of the individual and departmental Process Improvement Initiatives to reduce costs and improve quality and reporting to the Process Improvement ManagerliliMaintain current awareness of the bank and its systems to ensure a questioning approach to the allocation of access permissions on a need only basis and the validity of requests for Data Administration and Internal ControlsliliManage and oversee recruitment training career development appraisals and competencies of direct reportsliliManage the skills matrix and training plan to ensure crosstraining is in place enabling adequate cover and seamless serviceliliEnsure alignment with Financial Service Compensation Scheme (FSCS) obligationsliliAlignment with the imperatives of Bank ABC (SCV) Single Customer View projectliliDevelopment and deployment of operational best practices using recognized industry concepts eg Lean Six Sigma to increase process efficiency whilst minimizing operational risksliliProduce relevant management information and KRIs as agreed with Head of Operations and Risk ManagementliliEnsure that department staff have appropriate awareness of risk and compliance issues and that risk policies and processes are understood and followedliliBe available to support all business areas in the development of new processes and products including Treasury (Front and Back office) Front Office Compliance Risk and FinanceliliEnsure departmental procedures are current and cover all elements of the Units job responsibilitiesliliTo work with the European branches to align and centralize functions where possibleliliEnsure the timely completion of the Risk and Control Self Assessment (RCSA) to requisite standardliliMonthly completion of Quality Assurance Testing (Dip Testing)liulpppstrongSupporting Responsibilities Treasury AdministrationstrongpulliDaily nostro reconciliation Reviewing and promptly resolving any outstanding items over the nostro ensuring detailed commentary has been provided and that aging items are promptly escalatedbrliliMonitor and report on treasury activities and performanceliliAnalyze and mitigate financial risks such as currency interest rate and credit risksliliMonitor the Swift GPI tracker for London and Paris ensuring compliance to SWIFT GPI and Universal Confirmation resultsliliMonitoring and settlement of margin ensuring that all margin obligations are met for our CSA and GMRA counterparties Prompt escalation of margin disputesdifferences to Treasury and Market RiskliliManage Treasury FX & MM transactions promptly and accurately ensuring all deals have been checked against the dealers BrokerReuters conversations and have a matching swift confirmation prior to releasing paymentsliliAssist with Interest Rate Swaps and Re Purchase AgreementsliulpbrstrongstrongstrongKnowledgestrongstrongstrongpulliStrong knowledge of Treasury Operation ProductsliliStrong T&TR knowledge including EMIR and MiFIDliliPrevious banking IT and system security experienceliliKnowledge of ABCIB core systems URBIS TI and SWIFTliliBroad understanding of the bank and its products and the interrelationship between individual departmentsliliGood general knowledge of IT security requirements and concepts liulpstrongstrongbrstrongstrongppstrongstrongstrongstrongExperiencestrongstrongstrongbrstrongpulliMinimum of years experience in Operational Support Treasury Operations preferably acquired within an international banking environment in a managerial positionliliTeam Management experienceliliTreasury Operation experience MM IRS FX Bonds and Coupons Nostro Projection Reconciliation and PaymentsliliExperience with collateral managementliliGood general knowledge of the banking and IT system environmentliliSound working knowledge of the segregation of duties concept as part of the overall control environment within the workplaceliulpstrongstrongstrongstrongbrstrongstrongstrongstrongppstrongstrongstrongstrongstrongAttributesstrongstrongstrongstrongstrongpulliIn a small unit must be prepared to take a hands on approach to the work to ensure adequate coverage at all timesliliAbility to prioritize work flowsliliAbility to work with minimal information to provide or offer solutions in a short space of timeliliFlexibility eg Be able to provide support to the Treasury Admin DepartmentliliSolution Orientated with a Can do AttitudeliulpppstrongEqual Employment OpportunitystrongppBank ABC is committed to the principles of equal employment opportunity for all employees and applicants and in accordance with applicable laws does not discriminate on the basis of sex gender identity gender expression race color religion national origin ancestry age marital status disability medical condition sexual orientation or on any other basis prohibited by lawp