Job Purpose
Intercontinental Exchange (NYSE:ICE) is a Fortune 500 company that operates a leading network of global futures, equity and equity options exchanges, as well as global clearing and data services across financial and commodity markets.
By putting the needs of our customers and global participants first, we are a high-growth company that started by bringing transparency and risk management to the global derivatives markets. We’re engineers, strategists and problem-solvers who continually create and improve technology that solves market structure challenges on behalf of the industry.
Treasury is a department in a systemically important organization; the team is responsible for managing the collateral and liquidity position in the Clearing House including:
Managing investments of ICEU capital and cash collateral from Clearing MembersManaging the Clearing House liquidity profile and liquidity stress testing frameworkCoordination with Clearing Members, commercial banks, investment managers, custodians and regulatorsManaging all member payments and receipts, and all bank accountsEnsuring all collateral reconciliation and reporting analyses are performed on a daily basisLiaising with other departments including Operations, Risk, Finance, and TechnologyWorking with Product Managers and Business Analysts to build new capabilities, streamline and automate processes and enhance reportingEnsuring compliance with all applicable regulatory requirements and proceduresTreasury team covers multiple currencies and markets, and this role will be coordinated around UK market timings. The role incorporates both daily routine risk management and operational processes, strategic product development and project work and regulatory submissions.
ICE Clear Europe staff demonstrate a high level of integrity and professionalism throughout their work and lead by example to create a collaborative and supportive culture.
The candidate should be able to learn and understand processes quickly, identify improvements, collaboratively develop and clearly communicate proposals and then implement solutions in order to solve problems and enhance the performance of the department. Specific personal characteristics will include a strong desire to deliver results in a dynamic and forward-looking environment and an eagerness to continuously develop through working as part of the Treasury team and self-initiated learning.
Responsibilities
Monitor the full life-cycle of collateral through the Clearing House, assisting with the placement of cash into high quality, low risk investments across multiple currenciesMonitor market conditions across currencies to ensure safety of principal and liquidityProvide support to our Clearing Members and respond to queriesIdentify opportunities for business process improvements by reviewing existing Treasury processes and proceduresWork on strategic projects in collaboration with Business Analysts to document requirements and deliver enhancementsUnderstand the broad macro and regulatory environment in UK, EU and US to help internal as well as external partners Complete periodic tasks in areas such as audit, finance, onboarding, and reportingAssist with project management of a large body of tactical and strategic projectsWork on improving Treasury related analytics and reporting built in Tableau
Knowledge and Experience
1+ years’ experience in FinanceDegree in a Business, Finance, Economics, Statistics or EngineeringOrganized and motivated with excellent attention to detailStrong interpersonal skills, including ability to multi-task and operate effectively under tight deadlinesStrong quantitative and analytical skillsReliability, flexibility and high work ethicExperience with SQL or Tableau for data analysis and reportingProficient in all MS applications, high level of experience with ExcelBasic understanding in Clearing, Derivatives, Bond Markets Commodities and FXStrong project management skillsFamiliar with Financial Market Infrastructure including payments and SWIFT, collateral settlements and clearing