Treasury Operations Senior Analyst

UK Remote | 💰 £41k - £52k + Benefits  ✨

💛 Our Treasury Ops team

We're looking for a highly proactive, enthusiastic and driven Treasury Ops analyst to work within our Financial control team, helping us to build a world-class finance function. This role would be well suited to someone experienced in Treasury back office execution within a banking environment.

We have some really exciting challenges coming up like systems implementation, expanding into the European Union, continuing to grow our customer base, keep growing our lending business and adding to our marketplace. This all leads to exciting Treasury activity to support this growth and to manage risk. You’ll work on scaling Monzo in a controlled way, while helping us optimise our financial control processes with the help of technology. You’ll join the Finance team and report to our Treasury Operations Manager.

🔑 You’ll play a key role by...

• Working very closely with our Treasury Operations, Product Control and Treasury front office teams as we continue to maintain and build out our Treasury function.
• Taking ownership of the daily transaction processes for all Treasury products, from a back office perspective, including monitoring of our treasury management system (TMS) for new deals for confirmation and settlement.
• Validating and processing all treasury-related transactions, including confirmations, payments, receipts, and foreign exchange deals.
• Managing the trade lifecycle for all treasury transactions, following-up on any unsettled trades directly with our custodians and counterparties, ensuring settlements complete as contractually agreed.
• Managing all daily margin call confirmations and cash settlements across swaps, REPO and FX derivatives, as per agreements.
• Maintaining and updating all static data within the TMS both efficiently and accurately.
• Generating regular and ad-hoc reports on cash position, transaction volumes, and other relevant metrics, including bank account reconciliations.
• Maintaining existing and developing new internal controls that protect our financial data, enhance robustness of treasury settlement processes and make for a clean balance sheet substantiation process for Treasury accounts.
• Working closely with 2LoD and 3LoD on enhancing the internal control landscape
• Supporting our year end process by working with external auditors and our Financial Reporting squad.
• Reviewing new Treasury products, assessing the impact from a back office settlements process.
• Preparing monthly management and ad-hoc reports, offering meaningful analysis of movements.
• Resolving miscellaneous inquiries and supporting the overall Finance team wherever needed - from forecasting and valuations, to bank transfers and new system implementations. 
• Working with our engineers and data teams to automate the production elements of this role, allowing you to focus on the parts of the role where your knowledge and skills provide the most value.
• Learning SQL skills to run reports and propose solutions that make our processes efficient and scalable.

🤩 We’d love to hear from you if…

• You have experience in the treasury back office (bonus points for banking experience).
• You have a great eye for detail.
• You’re fascinated by the banking and regulatory landscape, and have a good understanding of key internal financial controls.
• You’re a self-starter and enjoy tackling what needs doing, whether it’s making a bank transfer or pulling together reports for investors.
• You’re comfortable translating complex information into simple words for people with diverse backgrounds.
• You’re interested in using data (SQL skills would be a bonus).
• You thrive in a dynamic and constantly evolving environment.
• What we’re doing at Monzo excites you!

Not ticking every box? That’s totally okay! Studies show that women and people of colour might hesitate to apply unless they meet every single requirement. At Monzo, we’re dedicated to creating a diverse and welcoming team. If you’re passionate about this role and keen to learn and grow with us, we encourage you to apply— even if you don’t have everything that's listed just yet. Drop us your application, we’d love to hear from you!

🙌 What’s in it for you

💰 £41k - £52k (dependent on interview performance and experience) 

⏰ We offer flexible working hours and trust you to work enough hours to do your job well, and at times that suit you and your team. 

📚 £1,000 learning budget each year to use on books, training courses and conferences.

🏡 We will set you up to work from home; all employees are given Macbooks and for fully remote workers we will provide extra support for your work-from-home setup. 

➕ Plus lots more! Read our full list of benefits.

🌈 The application journey has 3 key steps

1) 30 minute call with a member of the hiring team

2) 30 minute call with the hiring manager

3) Two 1 hour calls with members of the Finance team

We have some guidelines on using Artificial Intelligence (AI) to ace an application and interview at Monzo. You can read them here.

We’ll only close this role once we have enough applications for the next stage. Please submit your application as soon as possible to make sure you don’t miss out. 

#LI-OH