Treasury Analyst
91% skill overlap
Your role
Corporate Treasury Analyst
Full profileYour role
Also known as Corporate treasurer · Company treasurer · Corporate financial officer and treasurer · Corporate treasury controllerand 4 more
Corporate treasury manager · Corporate treasury officer · Foreign currency treasurer · Group treasurer
- L3 salary
- Not published yet
- Upcoming dated changes
- 3 changes ahead
What the role does
A corporate treasury analyst manages the cash, funding and financial risks of a non-financial company or group. The role forecasts cash flow, manages bank accounts and cash pooling, supports working capital, arranges short-term investments and borrowing, hedges foreign exchange (FX) and interest rate exposures, manages bank relationships and supports debt facilities and covenants. It follows group treasury policy and corporate governance rules and works with accounting, tax, procurement and business units.
Read a day in the life
A day in the life
The morning starts with bank balances across the group, often collected automatically into a treasury management system. The analyst checks that cash pools have swept, identifies entities short of cash and arranges intercompany funding or draws on credit lines. Large expected payments, such as supplier runs, payroll or tax, are compared with the forecast. Mid-morning the analyst may execute or prepare FX hedges for a confirmed purchase in another currency, getting quotes from banks and checking the trade against the hedging policy. Payments need approval and fraud checks, so the analyst reviews unusual items with the payments team. After lunch the work turns to the cash flow forecast: business units submit updates, and the analyst challenges big changes and explains the variance to last month. Other tasks include covenant calculations for lenders, bank fee analysis, know your customer requests from banks and input to the board treasury report.
Levels
- L1 Starting out
- L2 Independent
- L3 Senior or specialist
- L4 Leads a team or an area
- L5 Leads the function
Full level descriptions and job titles
The EFO level names are the common scale; job titles differ between employers.
| Level | What the work looks like | Typical years | Typical job titles |
|---|---|---|---|
| L1 Starting out | Prepares daily cash positions, payment checks and forecast collection, maintains bank account data and learns treasury systems, policy and instruments under supervision. | 0-2 | Banks: Analyst, Junior Analyst, Associate (asset servicing), Trainee, GraduateAsset servicers: Junior, Specialist (entry), Officer |
| L2 Independent | Owns cash management and forecasting for a set of entities, executes hedges and investments within policy, handles bank requests and trains new team members. | 2-5 | Banks: Analyst / Senior Analyst, AssociateAsset servicers: Specialist, Senior Specialist, Senior Officer |
| L3 Senior or specialist | Manages complex topics such as cash pooling design, hedge programmes, debt facilities or treasury system projects, and represents treasury with banks, auditors and business units. | 5-9 | Banks: Senior Associate, AVP, Assistant ManagerAsset servicers: Senior Specialist, Expert, Team Lead (small team) |
| L4 Leads a team or an area | Leads a treasury team or area, owns treasury policy compliance, controls and bank relationships, and is the escalation point for liquidity, payments and counterparty issues. | 8-14 | Banks: VP, Manager, Senior ManagerAsset servicers: Team Lead, Manager, Head of Section |
| L5 Leads the function | Accountable for group treasury as treasurer, sets funding, liquidity and risk management strategy with the chief financial officer and reports to the board. | 12+ | Banks: Director, Executive Director, Managing Director, Head of functionAsset servicers: Head of Department, Director |
Skills
Where the skill weights come from
Each role lists its skills with a tier and a weight. The weights of one role add up to 100 percent.
Source: the EFO role catalogue, built from the ESCO classification and reviewed by the editors.
The percentage is the skill's share of the role; the bars are drawn relative to the anchor skill, which is shown full.
Critical
- Treasury and cash flow managementWeight 13.3%Relevant to you
- FX risk and hedging instrumentsWeight 8.9%Relevant to you
- Working capital managementWeight 8.9%Relevant to you
- Financial markets knowledgeWeight 8.9%Relevant to you
- Corporate governanceWeight 8.9%Relevant to you
Important and supporting skills 17
Important
- Credit analysis and creditworthinessWeight 4.4%Relevant to you
- Derivatives and how they workWeight 4.4%Relevant to you
- Advanced Microsoft ExcelWeight 4.4%Relevant to you
- Financial statement analysis and ratiosWeight 4.4%Relevant to you
- Risk judgment and escalation instinctWeight 4.4%Relevant to you
- Attention to detailWeight 4.4%Relevant to you
- Payment systems and messaging (SWIFT, ISO 20022, SEPA, ACH, UPI)Weight 4.4%Relevant to you
- Conduct and investor protection rules (MiFID II, FINRA, SEBI)Weight 4.4%Relevant to you
Supporting
- Corporate taxationWeight 2.2%Relevant to you
- Querying data with SQLWeight 2.2%Relevant to you
- Bloomberg Terminal / market dataWeight 2.2%Relevant to you
- Professional written communicationWeight 2.2%Relevant to you
- Working to tight deadlinesWeight 2.2%Relevant to you
- Trade lifecycleWeight 2.2%Relevant to you
Useful
- SAP enterprise systemsWeight 0.7%Relevant to you
- Control mindset (what could go wrong)Weight 0.7%Relevant to you
- Intercompany transfer pricingWeight 0.7%Relevant to you
Processes
The work the role takes part in.
What each process covers
- Treasury and cash managementMain
- Conduct and investor protectionSupporting
- Credit risk and lending decisionsSupporting
- Market risk measurementSupporting
- P&L and valuation controlSupporting
- Payments processingSupporting
Where the role concentrates
How AI is changing the role
Bank statement collection, cash positioning, payment matching and short-term cash forecasting are increasingly automated in treasury management systems, with machine learning improving forecasts.
Read the full assessment
Bank statement collection, cash positioning, payment matching and short-term cash forecasting are increasingly automated in treasury management systems, with machine learning improving forecasts. The Association of Corporate Treasurers covers technology and AI as growing topics for treasurers. The World Economic Forum Future of Jobs Report 2025 lists analytical thinking and technological literacy among the fastest-growing skills. Value moves to judging risk exposures, designing hedging strategies, negotiating with banks, preventing payment fraud and advising the chief financial officer on funding.
Dated changes for this role
- ECB Pontes: DLT settlement in central bank moneyRelevant to you
- CHAPS settlement to start at 01:30Relevant to you
- EU securities settlement moves to T+1Relevant to you
Worth knowing
Salary snapshot
Salary figures are not published yet
The L3 salary range for this role, with its sources, will appear here when the salaries section opens.
Certifications
- ACCA Qualification
- CIMA CGMA
- CFA Program Level I
- ACA Chartered Accountant
Concepts to know
- SEPA Credit Transfer (SCT)
- Bacs
- Budget
- camt.052 (intraday account report)
- camt.053 (bank to customer statement)
- camt.054 (debit and credit notification)
- Cash forecasting
- Cash pooling
All 24 concepts
- Charge bearer codes (OUR, SHA, BEN)
- Cut-off time
- EBICS (Electronic Banking Internet Communication Standard)
- Forecast (rolling forecast)
- Foreign currency translation (IAS 21)
- In-house bank
- Incoterms rules
- Intercompany netting
- Money market fund (MMF)
- MT 940 (customer statement message)
- Notional pooling
- pain.001 (customer credit transfer initiation)
- pain.008 (customer direct debit initiation)
- Payment factory
- Remittance information
- SEPA (Single Euro Payments Area)
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Do this job? Suggest a correction
Sources
Cash poolingCash pooling is a group treasury technique that concentrates or offsets the balances of many group accounts, so that surpluses fund deficits and external borrowing falls. In physical pooling (zero or target balancing) money is swept to a header account; in notional pooling balances are combined for interest only. Tax rules treat pool positions as intragroup loans.
Treasury management system (TMS)A treasury management system (TMS) is software that a corporate or bank treasury uses to see cash positions, forecast cash, manage bank accounts, payments, debt, investments and foreign exchange deals, and report risks. It connects to banks through Swift, EBICS or APIs and to the group's ERP, importing statements such as camt.053.
Forecast (rolling forecast)A forecast is the latest estimate of results for the rest of the period, updated as actuals come in. A rolling forecast always looks a fixed number of months ahead, for example 12 or 18, and is often driven by volumes, prices and headcount assumptions.
Cash forecastingCash forecasting is the estimate of future cash inflows and outflows of a company or bank, by currency and entity, over horizons from the same day to a year or more. It drives funding, investment and hedging decisions and the size of liquidity buffers. Short-term forecasts use bank statements and payables; longer ones build on budgets.