Treasury Dealer

GBS (Global Business Services) provides financial, human resources, audit and IT services to the British American Tobacco entities. Our category expertise, large capabilities and international operation makes us a unique business partner who excels in financial leadership and, therefore, offers great shareholder value for BAT.

If you have financial or HR areas background; you thrive when faced with a challenge and you are highly motivated; you want to develop your career in an organisation that will not only recognise the unique attributes you bring but will support your development and reward your contribution,
visit our website @ www.bat-careers.com

Knowledge, Skills & Experience

It is required for the Job Holder to have a comprehensive working knowledge of a corporate Treasury function including foreign exchange and interest risk management, money market and funding operations, treasury accounting skills, various Treasury systems, electronic banking systems, and to be confident in liaising with all levels of management internally and externally.
The Job Holder needs to have a full understanding of the way financial markets work – particularly the impact of economic data and its relationship to movements in the foreign exchange and interest rate markets.
The Job Holder must have a comprehensive working knowledge of all money market and foreign exchange instruments including spot and forward foreign exchange dealing, interest rate currency swaps and options, be able to manage the issue of bankers acceptances and CP under the various programmes and be able to invest the short term surplus funds cash in appropriate investment instruments.
The Job Holder must have a working knowledge of Treasury related financial and management accounting and must be able to apply such knowledge especially in respect of management reporting and control.
The Job Holder must have excellent computer skills in respect of using all the Microsoft office suite, Lotus Notes, Reuters, Bloomberg, FXall and SAP

PURPOSE STATEMENT:
Under the direction of the Dealing Room Manager, to co-ordinate and transact the activities of the London based Treasury Service Centre (TSC) as follows:

To transact money market and foreign exchange on behalf of group companies to ensure that the respective companies daily treasury positions are managed and funded in the most efficient and cost effective way.
To transact British American Tobacco International Finance’s (BATIF’s) multi currency cash-flow portfolio ensuring positions are invested or funded in the most appropriate manner. To transact foreign exchange on a spot and forward basis. To execute BATIF’s interest rate derivative transactions, and other treasury transactions as required.
To analyse and report all daily dealing positions inclusive of forecast positions of other Group companies ensuring that the Dealing Room Manager and others are appraised of any unusual events that may impact future liquidity.
To maintain and enhance external business relationships with dealing personnel of the group’s core banking panel.
To maintain and enhance internal business relationship’s with Finance managers of the London TSC customer base. To act as prime Treasury Service (Execution) centre support towards the European and AMEA regional Treasurer’s.
To deputise for the other dealers in their absence.
All of the above to be undertaken in conjunction with the other dealers ensuring that each have a full understanding of all practical aspects of each others role and responsibilities and the London based dealing portfolio.

Context/Environment
Central Treasury operates as a department reporting directly to the Group Finance Director. It covers all global Treasury functions responsible for Funding, Risk Management, and Cash and Banking whilst acting as the European Treasury Service Centre. The principal dealing activities associated within the department are Foreign Exchange, interest rate management, cash management including the investment of surplus cash and the funding of internal and external funding programs.