Treasury Administrator - Brighton, United Kingdom - Lockton, Inc.

Lockton, Inc.

Verified Company

Brighton, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Job Description:

We are looking for an experienced Administrator with excellent attention to detail to come and join our Treasury team based in Brighton.

This is a full time, permanent position on a hybrid working basis (2/3 days in office)

Lockton is the world's largest privately owned insurance broker and the 9th largest insurance broker globally, with revenues of over $3.0bn.
Lockton commenced expansion outside of the US in 2006 when it acquired an international business with presence in 16 further countries. The international business is headquartered in London, with operations in Asia, the Middle East and Latin America. The international business accounts for c.25% of global revenues.
The global business continues to grow, and there are ambitious expansion plans over the next few years.
Lockton is a dynamic and entrepreneurial organisation and we are seeking individuals who will thrive in this type of firm.
UK Treasury Operations Team:
The UK Treasury Operations team, based in Brighton, is responsible for managing both the firm's operating cash and also the client cash we hold as a result of being a regulated insurance broker. We manage all bank accounts for the UK entities in the group, as well as our Ireland, Bermuda and Malta subsidiaries. In line with the firm's strategy, the UK Treasury team is developing and enhancing its capabilities. A vision and strategy for the team is currently being developed, which will review the organisational structure, implement and optimise the use of a new treasury management system (GTreasury), establish more robust controls and increase the efficiency of our processes. We expect new joiners to actively contribute to the development of the team.
Purpose of the role:
The role is in the UK Treasury team with a focus on;
Ensuring adequate funds at account level
Assist with bank account administration
Liaise with banks to resolve issues and deliver requirements
Ensuring the funds we look after on behalf of clients are managed appropriately
Helping with initial implementation of GTreasury, and being involved in developing its additional capabilities and efficiencies over time
Key responsibilities of the role:
Cash management
Managing same/intraday liquidity for both operating and client accounts
Administration of standing orders/direct debits
Produce reports as required
Payments
Input of payments into banks and/or GTreasury
Bank Account Management
Completing bank information for new accounts and closing accounts
Involved in monitoring correct signatories are in place
Relationship management with the banks in your operational areas
Other
Complying with Financial Conduct Authority regulation in relation to the management of the money we hold on behalf of clients
Involvement in the implementation and expansion of GTreasury
Ad hoc projects as required