Job Description

Our client is a well-established foreign bank seeking an AVP, Treasury Operations professional to join its New York City branch.

Responsibilities

This individual will play a key role in overseeing daily treasury operations across money market, securities, and derivative products, ensuring accurate trade processing, settlements, reconciliations, and cash management. The ideal candidate is a hands-on, detail-oriented professional who thrives in a fast-paced banking environment and works effectively with Front Office teams and external counterparties.

• Manage daily Treasury Operations activities across money market, fixed income, foreign exchange, and derivative products.
• Oversee trade processing, confirmations, settlements, and reconciliations, ensuring timely and accurate execution.
• Verify Front Office trade entries and confirm transactions through internal trading systems and SWIFT.
• Reconcile daily bond positions, P&L reports, and pricing against Front Office records.
• Monitor daily cash positions, expected payments, and cash movements across banking and custodial accounts.
• Process and monitor settlements for securities, certificates of deposit, commercial paper, repos, and reverse repos.
• Perform daily reconciliations of Nostro, transit, control, and other treasury-related accounts.
• Monitor securities settlements, resolve discrepancies, and communicate settlement failures to relevant parties.
• Initiate and reconcile margin calls, including variation margin settlements for futures, options, and repo transactions.
• Manage daily FX position reconciliations and process domestic and international payments.
• Monitor corporate actions, interest payments, coupon collections, and securities-related activities.
• Process journal entries, trade assignment agreements, and necessary account adjustments.
• Coordinate daily cash transfers and maintain accurate liquidity and cash position reporting.
• Prepare Treasury Operations reports, including P&L, pledged assets, and departmental activity reports.
• Support system upgrades, migrations, user acceptance testing (UAT), and ongoing operational process improvements.

Qualifications

• 5–10 years of Treasury Operations experience within a banking or financial services environment.
• Strong working knowledge of money market products, including FX spot/forwards/swaps, CDs, commercial paper, repos, and reverse repos.
• Experience processing fixed income securities, including U.S. Treasuries, corporate bonds, and agency securities.
• Familiarity with derivative products, including interest rate swaps, credit default swaps, futures, options, and structured securities.
• Hands-on experience with trade settlements, cash management, reconciliations, and operational controls.
• Proficiency with treasury and trading platforms such as Summit, Bloomberg, SWIFT, Fedwire, DTC, Euroclear, or similar systems.
• Experience working with major custodians and clearing banks, including BNY Mellon, State Street, and the Federal Reserve.
• Strong Microsoft Excel skills; familiarity with ISO 20022, Actimize, SQL, Python, or macros is a plus.
• Excellent analytical, organizational, and communication skills, with strong attention to detail and the ability to meet strict daily deadlines.
• Bachelor's degree preferred; ability to collaborate effectively with Front Office personnel, internal stakeholders, and external counterparties.

JobID: 48680

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