Treasury Specialist

Full job description
Job Type: 12 month fixed term contract

Location: This role will ideally be based in our Birmingham office, with time spent between home and the office, and some travel between our Edinburgh and London Phoenix offices.

Flexible working: All of our roles are hybrid working and other types of flexibility will be considered. We will discuss what is important to you and balancing this with business requirements during the recruitment process. You can read more about Phoenix Flex here.

Closing Date: 3rd August

Salary and benefits: Up to £55,000 plus16% bonus up to 32%, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more

Recruiter: Beth Wood

Who are we?

We want to be the best place that any of our 6,600 colleagues have ever worked.

We’re Phoenix Group, we’re a long-term savings and retirement business. We offer a range of products across our market-leading brands, Standard Life, SunLife, Phoenix Life and ReAssure. Around 1 in 5 people in the UK has a pension with us. We’re a FTSE 100 organisation that is tackling key issues such as transitioning our portfolio to net zero by 2050, and we’re not done yet.

The role

This is an exciting opportunity to join the Treasury Liquidity team at Phoenix Group as Treasury Specialist working in Group Treasury Operations, supporting the Head of Group Treasury Operations with Treasury back office/banking activities and change initiatives.

The department has recently gone through some changes, resulting in the creation of a centralised Group Treasury Operations team with team members in the following locations Birmingham, London, Edinburgh.

Responsibilities include:

Monitor and forecast daily cash requirements to maintain liquidity, working closely across the business to enable Treasury front office to maximise the use of excess cash and that accounts are funded as required.
Settlement of treasury dealing activities with approved counterparties, including derivatives and money market instruments. Oversee and execute other payments Domestic, Cross-border, SEPA as required by the business, ensuring accuracy and timeliness for successful execution.
Execute intercompany fund transfers and manage cash pooling structures.
Maintain bank mandates and keeping them up to date and assist with updates
Assist with completing banking documentation for opening and closing bank accounts
Support management and the team to ensure compliance with internal controls, policies, procedures and statutory requirements relevant to Treasury operations
Maintain an up-to-date repository of KYC documentation monitoring and reviewing for expires, Policy changes and regulatory updates.
Support Treasury system administration such as static data maintenance on Kyriba and internet banking portals
Attend bank meetings to help enhance banking relationships and learn about new products and developments
Support the Head of Group Treasury Operations in identifying, analysing and delivering change initiatives, with a focus on improving efficiency and maintaining strong risk management.
Help support the delivery and ongoing development of the Treasury Management System (Kyriba) and other technology opportunities to with Treasury Operations.
Assist in the preparation of Treasury operations reports for internal and external and regulatory compliance.
Keep abreast of relevant regulatory changes.
What we are looking for?

Proven experience in round Treasury Operations - Front / Back and Middle Office
Proficiency in treasury management systems (Kyriba advantageous) and Banking portals (HSBC.net, Bankline, Barclays.net Iportal, Lloyds online, Olis, AIB advantageous)
Excellent attention to detail with analytical skills and the ability to assess financial risk
Proactive individual who thrives in fast-paced environments and embraces change
Effective communication skills with colleagues, internal and external stakeholders across various levels of seniority
ACT qualified or studying towards advantageous
We want to hire the whole version of you.

We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds. If your experience looks different from what we’ve advertised and you believe that you can bring value to the role, we’d love to hear from you.

If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best. Read more