Overview

We have an exciting opportunity for a Treasury Analyst with an interest in investments and derivatives to join our treasury team based in TfL’s head office in Southwark on a permanent basis. 

The Treasury Analyst will help deliver TfL’s investment, liquidity, borrowing and risk management objectives with a focus on investments and derivatives. 

This is a fantastic opportunity to gain excellent treasury experience in a high performing, established team on a huge range of complex activities.

About the team

Treasury, Insurance, and Projects comprise the Corporate Finance directorate which reports directly into the CFO. Corporate Finance is a central finance function that helps shape and drive TfL’s business strategy exposing you to an enormous range of exciting opportunities beyond just treasury. 

Additional information

We are also advertising for a second Treasury Analyst role. The advert for this role can be seen here: here: https://tfl.taleo.net/careersection/external/jobdetail.ftl?job=038219&tz=GMT+00:00&tzname=Europe/London 

If you have any questions about any of these roles, please email amandajales@tfl.gov.uk 

We expect to conduct interviews for this role in week commencing 21st February.

You will be required to;

•    Act as primary dealer for the cash investments portfolio worth over £1bn. Executing high value money market transactions (including commercial paper, repos, certificates of deposit, money market funds and fixed deposits).
•    Manage TfL’s commercial paper borrowings by communicating with brokers and investors and planning maturities to ensure liquidity is maintained at all times. 
•    Support cash flow forecasting activities and when required present up to senior management. 
•    Assist in managing foreign exchange and interest rate risks, including maintaining any existing hedging programmes by providing analytical support, executing spot and derivative transactions. 
•    Build strong relationships with internal and external stakeholders.
•    Keep abreast of financial market news, regulatory and compliance requirements and present key insights to internal stakeholders. 
•    Respond flexibly to the broad needs of the department and support other areas of treasury as required including cash forecasting, reporting, audit and compliance requirements.

About you 
•    You will be an experienced Treasury or finance professional with an excellent understanding of financial markets and financial instruments.  
•    You are a confident individual with an exceptional attention to detail, who can execute transactions accurately in a pressured environment. 
•    You will be a team player, but also have an ability to work independently and take full ownership of relevant responsibilities.  
•    You must be highly numerate and have a natural curiosity for financial markets.
•    Have the ability to retrieve, interpret and analyse complex financial data and to provide meaningful insight to both finance and non-finance stakeholders by communicating clearly and confidently. 
•    Understand the relationship between security, liquidity and yield and be able to negotiate the relative value of cash investments and derivatives. 
•    Develop and maintain excellent relationships with both internal stakeholders and financial counterparties.

Skills, Knowledge & Experience 

Essential:
•    Experience working in treasury or relevant financial service industry
•    You must be educated to a degree level or equivalent and either have gained relevant professional qualifications (e.g. ACT) or have a strong desire to further develop your knowledge
•    Knowledge of the structure, drivers and workings of financial markets
•    Knowledge of money markets instruments and foreign exchange derivatives
•    Experience of cash and risk management activities, executing cash investments, FX and other derivatives
•    Excellent working knowledge of Excel and the ability to produce complex analysis.

Desirable: 
•    Understanding of treasury related accounting principles, including hedge accounting.
•    Awareness of banking and regulatory policies relevant for money market and derivative products
•    Working knowledge of banking and cash management practices, back office operations including settlements and payments
•    Experience of treasury management systems and Bloomberg, including the use of data feeds into Excel. 

Equality and Diversity 

We are an equal opportunity employer and value diversity. We do not discriminate on the basis of race, religion, ethnicity, gender, sexual orientation, age or disability status.

On this recruitment campaign, as part of TfL’s continuing commitment to be an inclusive and equal opportunity employer we will be removing personal identifiable information from CVs and covering letters that could cause discrimination.

Application Process

Please apply using your CV and a covering letter. Think carefully about the skills, knowledge and experience in the advert and cover this in your CV and cover letter.

We are advertising for two Treasury Analyst positions in our team. If you’d like to be considered for both please write your preference in your cover letter.

The closing date for applications is 31st January 2022 @ 23:59

Benefits 

In return for your commitment and expertise, you will enjoy excellent benefits and scope to grow.  Rewards vary according to the business area but mostly include:

•    Final salary pension scheme 
•    Free travel for you on the TfL network 
•    A 75% discount on National Rail Season Ticket and interest free loan 
•    30 days annual leave plus public and bank holidays
•    Private healthcare discounted scheme (optional) 
•    Tax-efficient cycle-to-work programme
•    Retail, health, leisure and travel offers 
•    Discounted Eurostar travel