Treasury Operations Analyst

About Allica Bank

Allica is the UK’s 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.

Role Description

As a Treasury Operations Analyst at Allica Bank, you’ll play a critical role in the day-to-day operations of our Treasury function. You’ll ensure accurate and timely execution of key treasury processes, collaborate closely with our Treasury Front Office team, and help drive operational efficiency across all treasury related activities.

This is an exciting opportunity to develop your treasury knowledge in a dynamic and fast-growing environment, with exposure to a wide range of financial instruments and operational processes.

Principal Accountabilities

- Execute BAU (business-as-usual) treasury operations, including settlements, payments, reconciliations, reporting, and managing bank account signatories.

- Support continuous improvement by implementing and enhancing processes, procedures, and reporting aligned with business needs.

- Maintain and manage the Treasury Management System (TMS), ensuring accurate recording of all transactions.

- Perform derivative valuation reconciliations and analyse MTM (mark-to-market) movements.

- Prepare for month-end by gathering statements, posting fees/interest, and resolving reconciliation discrepancies.

- Carry out collateral management reconciliation, including margin calls and interest/coupon payments on derivatives.

- Approve trade confirmations for swaps and bonds.

- Process daily treasury payments accurately and on time.

- Monitor and report counterparty credit risk to ensure policy compliance.

- Manage daily collateral exchanges with the Bank of England, inc...