Job Description – Assistant Manager, Treasury Team
Job title: Assistant Manager, Treasury Team – CAF Bank
Grade or Grade range: D
Department: Treasury Team, CAF Bank
Main purpose of the job:
· Accountable for the day to day running of the Treasury Team within CAF Bank Operations, working with the Treasury Manager, covering diverse functions incorporating International Payments, Cheques, CHAPS, BACS, Reconciliation, Faster Payments, Debit Card and Treasury requirements.
The role requires assisting the Treasury Manager with the careful monitoring of timely payment processing and Cheque Clearing, treasury functions and liquidity monitoring, journal adjustments to accounts, administrative functions to support main payment activity and reconciliations of payments both internally within CAF’s own accounting systems and externally with HSBC Bank, Deutsche Bank, RBS, Bank of England and Travelex.
Responsible to: Treasury Team Manager, CAF Bank, FCA Regulated Operations
Budgetary responsibilities: Direct impact on the successful accounting and accurate posting of circa £2,500,000 daily transaction activity; the safe delivery of daily BACS file up to £10,000,000 and CHAPS files circa £2,000,000. An unlimited verification authority level for payment processing. The role also requires the review and monitoring of money market transactions and cash deposits with investors within a portfolio of circa £1Billion, and the daily liquidity monitoring of multiple CAF Bank external accounts.
Responsible for (staff/jobs): Direct reports 1 Team Leader & 1 Reconciliation Specialist – Indirect reports 7 Finance Officers & 4 Admin Assistants.
Job Responsibilities
· Manage the daily processing/ financial posting requirements to support the Banking Operations. This activity demands a high level of accuracy and focus on timing requirements to ensure that all processing and reconciliations are preformed within external Banking framework requirements whilst also meeting FCA Compliance and internal Audit and Control requirements.
· Assist with the management of the CAF Bank cheque clearing (circa £2,000,000) on a daily basis, ensuring full fraud prevention processes are in place and correctly followed.
· Monitor and oversee the data processing requirements in support of the different payment activities with regards to International Payments, Cheques, BACS, CHAPS, Faster Payments and Debit Card. Assist the Treasury Manager with the verification of all items over £500K up to an unlimited value.
· Ensure the timely reconciliation of all internal accounts including Nostro, Currency, Suspense, Unpaids and Recoveries on a daily and monthly basis ensuring differencies are reported on and investigated within timescales agreed with external Clearing Bank Standards, Internal Finance and Audit. Oversee the monitoring and purging of the Debit Card Gateway. Also ensure the timely reconciliation of all external accounts including HSBC, RBS, Deutsche Bank and Bank of England.
· Assist the Treasury Manager with the liquidity monitoring, movement and forecasting across CAF Banks multiple external bank accounts.
· Assist the Treasury Manager with the monitoring and allocation of funds required for Money Market transactions against the banks liquidity and the timely posting of Treasury Deposits and Interest Payments to appropriate ledgers within the CAF Accounting system. This involves a full review and sign off of the Money Market portfolio of circa £1 Billion on a daily basis to ensure that deals comply with limits set by CAF Bank Board.
· As part of the management team, to recruit, train, motivate, coach, mentor and develop staff to their full potential. This includes the management of staff performance through regular documented Team Meetings, 1 to 1’s and staff appraisals supported by an appropriate training plan.
· To ensure that staff are adequately trained and updated with the changing needs of the UK Financial Services Regulatory environment including the FCA, Banking Code and Financial Services and Markets Act 2000 including Ombudsman requirements, thereby protecting both our customers and staff security and compliance requirements within the Financial Services Industry.
· To pro-actively support the Business Change and Continuous Improvement process by encouragement of staff and own identification of improvements to work processes. Further to support the CAF Bank Operations in the wider pursuit of the business change programme through supporting initiatives and key involvement in Bank Projects.
· To support and share the Customer Complaint workload with the other members of the management team in order to completely satisfy customer complex complaints within strict FCA time constraints.
· Provide appropriate cover for other Management posts in CAF Bank Operations as required.
· To ensure confidentiality of customer and staff records and all times.
· To manage the operational environment with due regard to CAF Health and Safety Policy requirements maintaining a safe working environment for staff, colleagues and visitors.
· Ensure the timely reconciliation of all internal accounts including Nostro, Currency, Suspense, Unpaids and Recoveries on a daily and monthly basis ensuring differencies
CAF Behaviour Framework
The CAF behaviour framework sets out in a transparent and consistent manner the explanation of the performance expectations of all CAF People. Through the use of common language and common standard, it combines a set of behaviours with the required technical skills and knowledge needed to effectively perform in any given role with us.This framework is used for the assessment, management and development of performance of all our people.
Please refer to ‘Work the CAF Way’ booklet for the CAF behaviour framework.
Job description dated: September 2015
Person Specification
Job title: Assistant Manager, Treasury Team
Date: September 2015
Attributes / Essentialü / Desirable
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Experience
The post holder will need to have significant line management experience in a Financial Services environment with an eye for detail, focus on accuracy and proven relevant experience in accounting reconciliation and payment processing. / ü / R
Qualifications
Good academic background including A level Maths and English or equivalent.
Preferably qualified ACIB or studying
Knowledge of retail banking
IT Skills including MS Word, Excel and Outlook / ü
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Training
Awareness of Data Protection Act
Anti-Money Laundering Guidance
Awareness of Financial Services Regulatory Environment requirement
Management Skills programme
Recruitment and Selection / ü
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Specialist skills/ability/knowledge
Highly developed people management skills, understanding the needs/benefits of motivating/coaching/mentoring and staff development.
Have an awareness of organisation behaviour and risk management techniques / ü / R
Communication
Must command and demonstrate excellent verbal and written skills.
The job holder must be able to communicate successfully across all business levels both internally and externally. Must show the ability to handle complex queries and complaints in a calm, efficient and friendly manner. / ü / R/C
Personal qualities
Analytical
Attention to detail
Good interviewing skills
Well organised
Diplomatic
Sensitive
Leadership skills
The job holder must have proven ability to work in a high volume, time focused and pressurised environment. They are also required to make day to day decisions which affect the operational areas of the business with due regards to conflicting priorities and business demands. Must show excellent people skills being friendly, approachable, and provide a clear vision for the future to other team members. / ü / R/C
R/C
Special conditions
Working unsociable hours may be required on occasions / ü / C
Prior to Appointment
All posts:
· Credit check
· Basic Criminal Records Check
· Employment references
· Medical clearance
*FCA approved posts:
· Standard Criminal Records Check / ü
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ü / R/E
R/E
R/E
R/E
R/E
*Key: R= References E= Evidence/certificates A= Application C= Competency interview T=Testing/assessment