Senior Treasury Operations Analyst

At Rathbones, we help people invest their money well, so they can live well. That means more than financial returns – it’s about helping people feel confident in their decisions and supported in their future. We don’t just manage money, we guide people through life’s big moments, helping them stay on track and focus on what matters most.

We’re proud to be one of the UK’s leading wealth managers, with over £109bn* in assets under management and 20+ offices across the UK and Channel Islands. We’re a FTSE 250 company with national reach and a local feel – and we’re growing.
*As of June 2025

Role Title: Senior Treasury Operations Analyst

Division: Finance

Location: Liverpool

Contract: Permanent

Working pattern: Hybrid

About the Role

Join our Treasury Operations team as a Senior Treasury Operations Analyst, where you’ll play a vital role in managing daily cashflows, treasury settlements and client time deposits. You’ll ensure all activity is processed accurately, reconciled correctly and kept within policy limits, maintaining strong controls across our treasury operations. If you enjoy fast‑paced, detail‑driven work and want to be part of a core Finance function, this role offers real impact and responsibility.

What you’ll be responsible for

• Accurately execute client time deposit instructions daily, liaising with investment management teams to advise on maturities, reconcile closings positions to client ledgers and producing daily statistics on volumes.
• Execution of accounting journals for treasury on a daily basis in the SUN accounting system and reconciliation of closing positions to the TMS system on a daily and monthly basis.
• Updating banking position across the TMS system from different bank sources to support effective liquidity monitoring.
• Report treasury book positions to operations teams to support reconciliation of treasury records to external custody records.
• Update client money diversification analysis daily for entities that hold and are required to diversify, reporting exposures to risk appetites to the Treasury Operations Manager.
• Prepare monthly MIs on time deposits and CASS diversification for various stakeholders.
• Maintain treasury procedures, reflecting changes as they occur and testing where appropriate.
• Process firm payments for group entities including but not limited to payroll, purchase ledger and taxation in accordance with the requirements set out in the firm payments procedure.
• Analyse bank changes incurred across all group entities, informing the Treasury Operations Manager and Head of Treasury and where charges are concentrated and how tariffs compare across different banking relationships.
• Facilitate the settlement of all treasury deals placed with the Treasury ALM team, engaging with the relevant operations teams to settle marketable instruments across CREST / Euroclear accounts
• Monitor intraday credit facilities to ensure payment and settlement obligations can be managed through existing caps / facilities provided by banking partners, escalating where facility increases are required to maintain payment and settlement services.
• Support the Treasury Operations Manager in maintaining relationships with banking providers.
• Monitor treasury dealing activity against dealer and counterparty limits set out in treasury policy, reporting activity and breaches to the Treasury Operations Manager.
• Perform Due Diligence on Treasury Counterparties.

About you

• Strong attention to accuracy, especially when processing high‑volume daily cashflows, settlements and time deposits
• Confident producing MI and supporting regular reporting for stakeholders across Finance and Operations
• Experienced using banking platforms, treasury systems or cash management tools
• Strong cash management awareness — understanding liquidity, bank positions and daily cash movements
• Effective at stakeholder management, including liaising with Investment Management teams, Operations and banking counterparties
• Highly organised with strong prioritisation skills, able to manage multiple daily processes without losing accuracy
• Proactive and eager to learn, with a mindset geared towards continuous improvement and maintaining up‑to‑date procedures
• Strong communicator who can confidently engage with internal teams and external banking partners
• Previous exposure to time deposits, maturities or cash placement processes (Desirable)
• Strong understanding of compliance, controls and working within defined treasury policies (Desirable)

Our offer to you

We want everyone at Rathbones to fulfil their potential, in an environment where you are proud to work and feel like you belong.

We offer a comprehensive remuneration package, which we review regularly, and benefits include:

• A company pension - 9% non-contributory or 10% if you contribute 5%
• Private medical insurance – Individual on joining, family after 1 year’s service
• Life assurance  - 8 x salary
• Income protection – 75 % salary
• Company share scheme
• Discretionary bonus
• Flexible holidays – purchase up to 5 additional days
• Green Car Scheme
• Family friendly policies – enhanced family leave for parents & carers
• Study support – study days and funding for courses and qualifications
• Season travel ticket loans
• Volunteering days
• Gym discounts
• Other voluntary benefits you can choose to suit you 

Our employees can choose to take part in various social groups and communities to support their wellbeing, growth, development and sense of community. These include:

• Sports & Social Committees, such as cricket, football, netball, running, yoga, quiz nights, charity bake sales and much more.
• Inclusion Networks that help us drive change within the organisation such as Gender Balance, Multicultural, Abilities Count, Pride, Social Mobility, Generations, Menopause Matters@Rathbones’ and Armed Forces. 
• The NextGen IM Network, which brings together a community of trainees from across the UK, who are all at the early stages of their careers and offers development opportunities, exposure across the business as well as peer support and connection.

Life at Rathbones

We aim to become an employer of choice for the wealth management sector, to achieve this we are working hard to build a diverse, equal, and inclusive workplace that motivates, develops and embraces the strengths of all our colleagues. Being part of Rathbones means you will join a team of passionate professionals in a successful culture that cares for its people. At Rathbones, we provide meaningful work, opportunities, and a voice to all.

We are committed to building a team that is made up of diverse skills, experiences and abilities and encourage applications from all backgrounds. We welcome individuals who share our values.

We’re a Disability Confident Employer (level 2) under the UK Government scheme. This means we’ve signed up to a set of commitments around how we recruit, retain and develop people with disabilities. Find out more about the Government Scheme online, click here. If you require adjustments to apply for a role at Rathbones, please contact us via recruit@rathbones.com to let us know what adjustments you may need.

Mission

We believe in playing the long game. That means building consistent results, earning trust and doing the right thing — for our clients, our colleagues and the communities we’re part of.

Our values shape how we work:
- We aim high
- We get it done
- We show we care
- We do the right thing

These aren’t just words on a wall. They guide how we treat each other, how we make decisions and how we build relationships that last.

We will close this advert once we have received enough applications for the next stage. Please submit your application as soon as possible to ensure you don’t miss out.