Working with us

About the role

Reporting to the FX & Liquidity Manager, the primary responsibility of the Assistant Treasury dealer is to action dealing activities within the delegated authority limits approved by the Board.

The Assistant Treasury Dealer is responsible in supporting Treasury Front office in the management and execution of all trades on behalf of the bank and the maintenance and development of Treasury systems.

The main responsibilities of the role include:
Key responsibilities of the role include but are not limited to the following:

Control

• Input deals into Flexcube (“FCUB”) together with supporting documents ready for FX & Liquidity Manager/ senior manager approval
• Update yield curves in ALMIS and static business rules in ALMIS in line with approach agreed at ALCo
• System test support, testing all systems for upgrades and for new Treasury products. Preparing sign-off sheet for manager/ senior manager approval
• Investigate potential issues and concerns regarding FX risk positions, working with the FX & Liquidity Manager making recommendations for improvement
• FCUB administration and the addition, amendment of data in FCUB and for example the addition of new counterparties and counterparty limits in FCUB
• Resolve data issues, working closely with Finance, ALM and other Bank departments
• Maintain and update Treasury Front office daily spreadsheet ready for FX & Liquidity Manager to use and in line with good practice and the Bank EUDA approach
• Work with ALM and Treasurer to develop the Bank’s spreadsheet/forecast for balance sheet management, recommending efficiencies and improvements
• Maintain and update files that are used to provide information for other departments
• Working closely within the team to ensure continual improvement reducing time spent on less value-add activities permitting more time to be spent on value-add activities.
• Update EoD daily FX and interest rate for FCUB working with IT to ensure completed in a timing manner in line with the Bank EoD timetable
• Work in collaboration with ALM, Banking Operations and Finance to ensure static data in core systems is accurately maintained (including FCUB and ALMIS)

Reporting

• Maintain and update across the day, Treasury daily Front office file including FX and intraday liquidity reporting.
• Preparation of Treasury month-end interest accruals.
• Develop knowledge of Treasury operations and other activities to be able with time to provide holiday cover and support increasing activities as the Bank continues to grow.

Operation

• Deputise for Treasury Front office Dealers and managers acting as contact for Treasury operations and Front office activities.
• Support the Treasury Front office managers in the execution of bank dealing activities including arranging foreign exchange contracts, placing fixed term deposits, arranging interest rate swaps, managing flows of funds from NatWest to Reserves Account, USD Liquidity Funds and purchasing securities for the Liquidity Buffer.
• Recommend improvement to Treasury operations, working with others to get approval for these changes and implementing in a timely manner.

People

• Develop close and collaborative working relationships with the broader CFO function and Banking Operations, working closely with Treasury colleagues, Finance, Banking Operations and Private Bankers to develop a strong and efficient operational business model delivering to the needs of all stakeholders
• Deputise for Treasury Dealer and Managers as required
• Identify technical and operational skills development courses which would further personal development

About you

As an Assistant Treasury Dealer, you will have:

• Attained a qualification at Degree / Higher / A-level in a financial or mathematical based subject. Desire for further personal development
• Ability to communicate effectively with various stakeholders
• Keen interest and desire to learn treasury financial instruments, fixed income securities, derivatives, foreign exchange and money markets and risk management concepts
• Good understanding of standard computer applications (Microsoft Office package) and competence
• Intermediate / Advanced Excel skills
• Keen for personal development and personal growth in line with a growing Bank

Job Role: Summer Internship
Location: Edinburgh or London
Contract Type: 6 – 8 weeks
Hours: Full time (Monday – Friday, 35 hours per week)
Salary Details: Competitive salary
Closing Date: 14^th February 2025

About Hampden & Co
As a forward-thinking, socially responsible private bank, Hampden & Co provides bespoke banking to high-net-worth and affluent clients, their families, and associated businesses.

We recruit people to join our team who are motivated to work together to help our clients achieve their aspirations and who take ownership to deliver the exceptional experience our clients expect.

About the internship

We have an excellent opportunity at Hampden & Co for a summer internship. This internship would last for a 6–8-week period.

This opportunity is suited to you if you are motivated to work as part of a team, to take ownership of your responsibilities and to deliver at pace.

The ideal candidate for the role will:

• Excellent organisational and time management skills.
• Ability to work accurately under pressure and meet deadlines.
• Strong attention to detail.
• A strong level of computer literacy and keyboard skills.
• Self-starter and team player.
• Desire to learn and enhance skills and knowledge.

Main responsibilities / key duties:

• Ensure exceptional client service is maintained across the team.
• Support your team with day-to-day tasks.
• Participate in a project and change activities relevant to the team and the department.
• Any other related tasks which may be assigned.

How do I apply?

To apply for the role, please follow the link below to our website and then complete the application form, demonstrating your suitability for the role and how you think you share our passion for providing an exceptional level of service.

No agencies please.

On occasion, we receive significantly more applicants than expected for some vacancies and under such circumstances we reserve the right to bring forward the closing date of the advertisement. We therefore strongly advise you to apply for the role promptly, to avoid disappointment should the closing date be brought forward.