Head of Treasury Operations

ABOUT BCI

Bci provides financial services to individuals and corporations. We focus on being a global leader in innovations and personalized client experience and, with more than 10,500 employees, Bci is recognized as one of the best companies in which to work and develop a career. It is the third largest privately owned bank in Chile and it has more than 300 branch offices throughout Chile and representative offices in other countries.

Bci is an Equal Opportunity Employer - All qualified applicants will receive consideration without regard to race, color, religion, gender, national origin, age, disability, veteran status, or any other factor determined to be unlawful under applicable law.

JOB SUMMARY

The Head of Treasury Operations is a highly experienced professional specialized in Capital Markets. This leader will direct day-a-day activities for Bci Miami Branch Treasury Operations. The role reports to the Chief Operating Officer of Bci Miami Branch.

DUTIES OF THE POSITION

The duties of the position include, but are not limited to, the following:

• Lead the Treasury Operations team to deliver high standard operational support to ensure accurate and timely trade processing, confirmation and settlement.
• Manage daily settlement process for treasury transactions; including Commercial Paper, Yankee CDs, Repurchase Agreements, Bonds, Foreign Exchange and Derivatives.
• Oversee monitoring of cash flows and account balances to ensure sufficient liquidity for trade settlements
• Review reconciliations for daily and monthly revenue reporting in coordination with the Finance and Accounting Department.
• Ensure collateral management is properly performed for margin calls and custody positions are appropriately monitored.
• Develop and drive implementation of best practice back-office and middle office operations strategies and processes.
• Prepare and submit periodic internal and external regulatory reports, as necessary.
• Support internal, external, and regulatory audit examinations, as well required.
• Serve as an operational liaison for treasury staff, counterparties, brokers, custodians, and internal areas.
• Set up a fit-for-purpose operational framework, including fully documented policies, processes and procedures, internal controls and KPI's.
• Work closely with sales and customer support teams to understand client needs and deliver tailored solutions.
• Must maintain courteous, professional and effective internal and external working relationships
• Must provide timely and appropriate responses to requests for information and/or customer complaints or concerns and provide appropriate follow up to ensure issues are resolved
• Must receive and provide clear, constructive feedback in a cooperative and professional manner
• Ability to understand, speak, read and write English and Spanish Effectively speak before groups of customers or employees
• Assume evolving duties and responsibilities of position
• Work all hours required to fulfill job duties and responsibilities (including, weekends, evenings and holidays as needed)
• Travel as required
• Provide coverage for other positions as requested
• Ability to carry and lift boxes and/or other objects that may weigh between 10 and 25 pounds.
• Perform additional duties and responsibilities as assigned by management

COMPLIANCE RESPONSIBILITIES

In the performance of their duties, all Bci - Miami Branch staff members are required to comply with all state and federal regulatory and legal requirements, including the Bank Secrecy Act, the Federal Election Campaign Act of 1979, the Foreign Corrupt Practices Act, and the Bank Bribery Amendments Act. Additionally, all staff members must comply with the Bci's Personnel Manual and Code of Ethics and other policies of Bci which are either currently in place or which may become effective during the staff member's employment.

PRE-HIRE REQUIREMENTS FOR THIS POSITION:

COMPUTER SKILLS:

Ability to operate IBM compatible personal computers; fluency with Microsoft Word, Excel, PowerPoint, Python, Calypso, Murex, Google Suite, and other banking applications needed to perform the functions of the position.

EDUCATION:

Bachelor's degree in Business Administration, Engineering, Finance or equivalent experience. Master's degree desired but not required.

CERTIFICATIONS/LICENSES:

Certified Treasury Professional (CTP) is desired but not required.

EXPERIENCE:

• Minimum ten years of relevant experience in treasury operations within a financial institution.
• Knowledge of finance products such as swaps, bonds, repos and FX operations required.
• Individuals must be comfortable with detail and must be able to work under the pressure of deadlines. Apart from being able to proactively seek solutions to complex problems, the person must be able to quickly learn, comprehend and communicate these concepts. Individuals must also be able to multitask and work independently as well as in a team environment.

REQUIREMENTS (For internal candidates)
Minimum one year in your present position
Good and/or excellent performance review
Current supervisor/HR must be notified