Treasury Analyst Front Office

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.

Department Description

The Treasury Department at Allica Bank is responsible for proactive management of financial risks which arise in the normal course of the Banks activity. These risks include Capital adequacy Market risk Liquidity risk Funding risk IRRBB & Counterparty risk.

Additionally Treasury manages the collateral exchange for secured funding oversights the relationship with the central bank and institutional counterparties. It plays crucial role in the strategic projects for the bank such as origination of new business activity composition of funding mix and structure of investment portfolio of the bank. Treasury is responsible for intercompany funding process and its pricing.

Role Description

This position offers an excellent opportunity to develop a strong foundation in Treasury Front Office activities. It provides hands-on exposure to key areas such as securities dealing liquidity management and derivatives execution while supporting the smooth operation of day-to-day processes.

Working alongside experienced Treasury professionals the role combines practical involvement with structured development enabling progression as capability grows. It is well-suited to candidates with between 2-5 years of relevant experience who are motivated to learn contribute and advance within a dynamic banking environment.

Principle Accountabilities

Ensure the Treasury function contributes effectively to the Banks overall performance while maintaining full compliance with best practice standards regulatory requirements and statutory obligations.

Treasury Markets

• Assist with daily trading and booking of securities and derivatives.

• Support the management of Allicas securities portfolio

• Execute securities transactions within approved mandate.

• Help maintain strong external relationships with Treasury counterparties including regular service reviews

• Monitor counterparty credit exposure on an ongoing basis.

• Responsibility for the ongoing counterparty credit monitoring.

Market Risk

• Support the execution of the Banks hedging programs including structural hedging.

• Assist with booking new derivatives and FX transactions promptly to ensure compliance with limits.

Liquidity

• Collaborate on daily and intraday cash management responsible for ensuring optimal cash balances for current accounts.

Treasury Documents Policies and Procedures

Responsibility for the maintenance of several Treasury updates month end duties and Treasury policies and procedures examples include:

• Counterparty Credit Risk

• Dealing Procedures

• Intraday Liquidity

• Treasury Management System (TMS)

• Monthly ALCO Slides and Minutes

Treasury Systems & Exposure

• Contribute to the development of a modern digitally focused Treasury function.

• Support the updating and maintenance of the Treasury Management System (TMS) including testing and implementing new trade set ups with Treasury Operations.

Personal Attributes & Experience

Essential:

• Financial Markets knowledge (certified dealers welcome)

• Trade execution experience / knowledge

• Bloomberg experience

• Strong attention to detail and willingness to take a hands-on approach to BAU activities.

Preferred:

• Experience of Treasury Management Systems (TMS)

• Takes ownership of tasks prioritizes effectively and proactively supports the team by stepping in when needed demonstrating strong emotional intelligence and initiative.

• Ability to work collaboratively in a team environment

• Treasury Markets experience gained within a regulated firm preferably a retail deposit taking and corporate lending institution

• An understanding of risks compliance and regulation requirements facing banks and Treasury

• Prepared to challenge but to do so in a constructive manner

• A proactive can-do attitude with flexibility and problem-solving skills.

• Committed hardworking and focused upon delivering results

• Clear and confident communication skills.

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

Dont worry if you dont have all the skills or requirements listed on the job description. If you think youll be a good fit wed still love to hear from you!

Flexible working

We know the 9-to-5 isnt right for everyone. Thats 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

Were 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.

Required Experience:

IC