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Treasury Analyst

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A Treasury Analyst is responsible for managing a company’s finances, ensuring there is enough cash flow to meet its obligations and helping to plan for the future. They monitor daily cash balances, prepare financial reports, analyse investment opportunities, and help manage risks related to interest rates and currency changes. Treasury Analysts work closely with finance teams and often liaise with banks and other financial institutions. Strong analytical skills, attention to detail, and a good understanding of financial markets are essential for this role. Many Treasury Analysts work in large companies, banks, or financial services firms, and the position often serves as a stepping stone to more senior finance roles.

Treasury Analyst

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📊 Statistics

Average Salary

The typical salary for a Treasury Analyst in the UK ranges from £30,000 to £50,000 per year, with experienced professionals earning up to £60,000 or more.

Job Opportunities

There were over 2,500 Treasury Analyst roles advertised across the UK in 2023, particularly concentrated in London, Manchester, and Edinburgh.

Growth Rate

The demand for Treasury Analysts is expected to grow by around 6 percent between 2023 and 2028, according to industry forecasts.

🚀 Careers in this path

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Cash Management Analyst

Focuses on managing a company’s daily cash flow, ensuring sufficient funds for operations and optimising the use of surplus balances.

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Corporate Treasury Risk Analyst

Specialises in identifying, assessing, and mitigating financial risks such as interest rate or currency fluctuations within a company’s treasury function.

Treasury Operations Specialist

Responsible for the day-to-day operational tasks within a treasury department, including payment processing, bank reconciliations, and monitoring internal controls.

Build a Strong Educational Foundation

Achieve Relevant GCSEs and A-Levels

Focus on subjects like Mathematics, Economics, and Business Studies at GCSE and A-Level to gain the foundational knowledge required for finance roles.

Good grades in Mathematics and Economics will help you develop analytical and numerical skills. Business Studies can also provide useful background knowledge. Some sixth forms and colleges may offer specialised finance or accounting courses.

Obtain a Finance-Related Degree

Pursue a bachelor’s degree in Finance, Accounting, Economics, or a related subject at university.

Most Treasury Analyst roles require at least a 2:1 degree in a relevant field. Universities may offer work placements or internships as part of your course, which can be highly valuable. Consider universities with strong links to finance employers.

Gain Relevant Work Experience

Complete Internships or Placements

Apply for internships or placement years in finance departments or banks during or after your studies.

Internships are a great way to gain practical experience, learn about the financial industry, and build your professional network. Many large firms offer summer internships or industrial placements, which can lead to graduate job offers.

Secure an Entry-Level Finance Role

Look for entry-level positions such as Finance Assistant, Accounts Assistant, or Junior Analyst to build practical financial skills.

These roles will help you gain experience in financial analysis, reporting, and cash management. Employers often look for candidates who have demonstrated attention to detail and proficiency with spreadsheets and financial software.

Develop Specialised Skills and Progress

Pursue Professional Qualifications

Study towards professional qualifications such as the Association of Corporate Treasurers (ACT) or Chartered Financial Analyst (CFA).

Professional qualifications can set you apart from other candidates and are often required for more senior treasury roles. The ACT qualification is especially relevant for treasury professionals in the UK.

Apply for Treasury Analyst Positions

With your education, experience, and qualifications, apply for Treasury Analyst roles in companies, banks, or public sector organisations.

Tailor your CV and cover letter to highlight your analytical skills, attention to detail, and relevant experience. Demonstrate your understanding of cash management, financial analysis, and risk assessment during interviews.

🎯 View Apprenticeships

Explore relevant apprenticeships that can help you kickstart your career in Treasury Analyst. Apprenticeships offer hands-on experience and training while earning a wage.

Career Progressions

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Sample Qualifications

A Treasury Analyst and an Investment Analyst both focus on analysing financial data, managing cash flows, and supporting investment decisions. They require similar skills in financial analysis, market research, and understanding of economic indicators to advise on financial strategy and optimise assets.

How to become

You can get into this job through:

  • a university course
  • an apprenticeship
  • a graduate training scheme

University

You'll usually need a degree at upper second class or higher. Most degree subjects are accepted, but you may find these particularly useful:

  • economics
  • maths
  • business studies
  • accountancy
  • finance

If your degree is not related to business or finance, you could do a relevant postgraduate qualification like a master's in business administration (MBA).

A course with a placement year or a summer internship with give you valuable experience and an advantage when applying for work.

Entry requirements

You'll usually need:

  • 4 or 5 GCSEs at grades 9 to 4 (A* to C), or equivalent, including English and maths
  • 2 to 3 A levels, or equivalent, for a degree
  • a degree in any subject for a postgraduate course

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Apprenticeship

You can get into this job through a senior investment and commercial banking professional degree apprenticeship. This is at level 7, which is equivalent to a master's qualification.

This will usually take about 18 to 24 months to complete. You will take professional exams as part of the apprenticeship and at the end you will be able to apply for membership of the relevant professional body.

Entry requirements

You'll usually need:

  • 4 or 5 GCSEs at grades 9 to 4 (A* to C) and A levels, or equivalent, for a degree apprenticeship

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Other Routes

You could start as a graduate trainee in an investment bank or a stockbroking firm. Trainees must pass an exam that is recognised by the Financial Conduct Authority. These include:

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Career tips

You may find it useful to have knowledge of a specific industry for some jobs, for example experience in areas like energy, engineering or life sciences could be helpful.

Language skills, particularly French, German or Japanese, can also be useful if you're working with overseas clients and markets.

Professional and industry bodies

You could join organisations like the CFA Institute and Chartered Institute for Securities & Investment for professional recognition and training opportunities.

Further information

You can find out more about becoming an investment analyst from:

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