Ops Specialist

Contract: up to 15 months FTC

Let us tell you a bit about us

We’re Aldermore – the award-winning bank, trusted and highly rated by over a quarter of a million customers for more than a decade. With our range of specialist mortgages, savings accounts and business finance solutions, we're backing more people to go for it.

We thrive by saying “yes” to our customers. We respect the ingenuity of entrepreneurs and their startups; we give first-timers a leg-up onto the property ladder; we open up the lending market to many; and thousands of customers chose Motonovo Finance every week to buy their next car, van or motorbike.

This is where you come in. We are on a journey. A journey defined by a destination; to deliver on our purpose.

Let us tell you a bit about the opportunity

The primary responsibility of this role is to provide support to the Treasury Markets Desk across their Derivative and Bond trading activity.

The Treasury Operations Analyst role will provide a skilled level of support across the Trading desks and bring a broad depth of knowledge across Fixed Income.  Products covered include OTC Interest Rate Derivatives, Fixed Income – Sovereigns, Corporates, ABS, Covered Bonds, Financing Products – Repurchase (Repo/Reverse Repo), Tri-Party agreements and Money Markets – Deposits, Commercial Paper. 

There will also be involvement for this member of the team to work on change and improvements within Aldermore Bank PLC Treasury Operations and assist with the ongoing development and will look to build relationships with Project/ Programme Managers and stakeholders.

What will your day look like?

• Ensure that all trades executed are entered accurately into the Treasury Management System covering varied products including IRS, FX, Repo, Bonds and Asset linked Swaps.
• Ensure that all trades settlements are accurate and successfully feed into the Treasury Management System for all executed products including IRS, Bonds, FX and Repo.
• Responsible for the set up and the static data maintenance of Bonds and Issuers in the relevant systems
• Management of the CSA Daily margining process, ensuring positions are reconciled, valuations are in line and that margin is moved appropriately.
• Work closely with the Front Office, providing support on any new business developments/requirements

What do we expect from you?

• Experienced in treasury products and processes together with an understanding of the functionality of a Treasury/Debt Capital Markets operation and knowledge of the instruments involved.
• Experience in Securities and Repo lifecycle including Euroclear/ CREST knowledge highly desirable.
• Experience in Trade Support/Middle Office or Back Office environments.
• Process Improvement/Re-engineering
• Strong excel skills together with analytical capability
• Demonstrated communication and stakeholder management skills and excellent attention to detail
• Ability to work to tight deadlines, delivering practical solutions and perform in a pressurised environment
• Good understanding of all applicable regulations

What can you expect from us?

• A friendly and flexible culture, the same as how we work with our customers.
• A growing organisation that means there’s lots of opportunities to progress
• A drive for continuous improvement, which you will be empowered to get behind from day one.
• And of course, you will be rewarded competitively, with a good range of core benefits and bonus potential. 

Still curious?

Join us and we’ll make the same promises to you as a colleague, as we do to each of our customers. We’re committed to building a working environment that values respect, diversity, and compassion. We welcome people regardless of age, disability, gender identity, marital status, race, faith or belief, sexual orientation, socioeconomic background, and whether you’re pregnant or on family leave.

Please note that we have a thorough referencing process, which