Treasury Specialist

Overview

The Corporate Treasury team at BNYM SA/NV is responsible for managing the investment portfolio and the liquidity and capital positions of the corporation.

The position of Treasury Specialist will provide support with the balance sheet management activities in BNYM SA/NV. The position will mostly work closely with colleagues in the International Treasury team, but will also engage with Finance, Risk and legal entity management teams. The Treasury Specialist is a level I role and is based in Frankfurt am Main.

Key Responsibilities

Under moderate supervision, the Treasury Specialist will be responsible for:

• Daily monitoring of all liquidity, capital and IRRBB reporting including Early Warning Indicators (EWI) and supporting in investigation of significant day on day movements as well as in escalation processes if needed.
• Daily review of ALCO Update report.
• Contribute to the Internal Control Report for BNYM SA/NV Corporate Treasury in conjunction with the International Treasury Internal Controls.
• Own and manage the BNYM SA/NV Corporate Treasury Outsourcing activities. Coordinate meetings with the relevant stakeholders on a regular basis. Ensure service level agreements are up to date and in compliance with internal policies.
• Reviewing and coordinating data gathering for the monthly ALCO Pack Management Information / Risk Dashboards. Support preparation of the ALCO Pack and the update of the ALCO Terms of References.
• Prepare the meeting minutes for the BNYM SA/NV ALCO. Coordinate and track the action items related to BNYM SA/NV Corporate Treasury from the meeting.
• Responsible for keeping an up-to-date tracker of all BNYM SA/NV Corporate Treasury deliverables and dates with respect to ALCO, ExCo, RCoB and Board. Coordinate the timely submission of Corporate Treasury reports for these.
• Support Balance Sheet Manager on Treasury initiatives, presentations, ad-hoc deliverables and regulatory requests which may require the candidate to collect financial data, run basic calculations used as inputs into various capital management, IRR, liquidity and asset/liability models/analyses.
• Contribute to the development of policies and procedures, liquidity self-assessments and contingency funding plans, in line with regulatory requirements and corporate guidance.
• Support BNYM SA/NV Corporate Treasury in live crisis testing.
• Support the Balance Sheet Manager on High Level Risk assessment process.
• Support the Balance Sheet Manager in contributing to the Recovery Plan.

Generic Staff Responsibilities

• Comply with all BNY Mellon corporate policies and procedures, including HR policies and procedures, applicable to BNY Mellon
• Alert management including the Chief Risk Officer and / or the International Chief Risk Officer immediately of any significant changes to business risks and internal control effectiveness.
• Notify management and/or the Chief Compliance and Ethics Officer and Head of International Compliance immediately on discovery of any material regulatory breach.
• Comply with all Security and Health & Safety policies and procedures operating within the business.
• Role requires stakeholder management with the ability to explain and escalate challenges and work under tight timelines.
• Establish relationships with peers in the businesses, Risk Management, Finance and wider Corporate Treasury team to ensure efficient collection of data/model inputs.

Shared Values and Core Competencies (required for all roles) - detailed definitions available on MySource

Values:-

• Passion for Excellence
• Integrity
• Strength in Diversity
• Courage to Lead

Core Competencies:-

• Global Acumen - Developing and incorporating an understanding of the competitive global business environment as well as an awareness of economic, social and political trends that impact the organization's global strategy
• Establishing Strategic Direction - Establishing and committing to a long-range course of action to accomplish a long-range goal or vision after analyzing factual information and assumptions taking into consideration resources, constraints and organizational values
• Developing Strategic Relationships - Using appropriate interpersonal styles and communication methods to influence, collaborate and build effective relationships with business partners (e.g., peers, functional partners, external vendors and alliance partners).
• Building Organisational Talent - Attracting, developing and retaining talented individuals. Providing timely coaching, guidance and feedback to help others maximize their potential and meet key accountabilities. Using appropriate methods and interpersonal styles to develop, motivate and guide a team toward successful outcomes and attainment of business objectives
• Change Leadership - Continuously seeking (or encouraging others to seek) opportunities for different and innovative approaches to addressing organizational problems and opportunities
• Client Orientation - Cultivating strategic client relationships and ensuring that the client perspective is the driving force behind all value-added business activities
• Driving Execution - Translating strategy into operational reality. Breaking down strategic priorities or business initiatives into key tasks and identifying accountabilities. Aligning communication, people, culture, processes, resources and systems to ensure effective implementation and delivery of required results.
• Organisation and Project Management - Being able to structure and manage project plans to bring initiatives to successful and timely conclusion.

Requirements

• Academic degree in Business Administration, Economics, Accounting or Finance
• At least 3-4 years of relevant work experience
• Understanding of asset and liability management, liquidity risk management, IRRBB
• Ability to perform ad-hoc analyses, data management
• Fluency in English
• Proficiency in MS Office

Employer Description:

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.