- Role Type
- Closing Date
- Company Info
Working here is about being there for our customers; we’re available should the worst happen and we work together to enable social and financial equality across the UK. But it’s also about you –how you develop and what you can achieve. We’ll help your talent thrive in an environment where you’ll be supported to work flexibly and autonomously, sharing in our success and rewarded for a great performance with a generous benefits package.
- Department Info
From HR and Digital teams through to Group Finance, Risk and Corporate Comms – our Group function support our businesses across the UK and abroad. Delivering essential services and activities that have a real impact on our business and our customers lives, we enable our people to do what they do best, contributing to delivering a great customer service, profitability and strategic growth.
We are an equal opportunities employer and welcome applications from all suitably qualified persons regardless of their race, sex, disability, religion/belief, sexual orientation, gender identity or age.
- Job Duties
To be responsible for the infrastructure and integrity of a range of day to day treasury operations, including: cash management, internal and external loan agreements, LOCs, RCFs, derivatives, treasury technology projects (i.e. Quantum) and ensuring that the Group complies with relevant regulations.
Manage the Treasury Dealer and oversee the day to day cash dealings while ensuring the integrity of the process.
Oversee management of Treasury Assets to ensure efficient liquidity.
Maintain and develop cashflow forecasts.
Act as a backup to execute Treasury dealing, which would include FX and issuing ECP.
Manage and maintain a list of intercompany loans.
Liaise with internal and external legal counsel on new facilities.
Assist the Treasury DCM Manager to price new facilities.
Establish a framework to consistently price loans on an arm’s length basis.
Assist business units to source financing either internally or externally.
Manage and update ISDA, CSA and GMRA documents for all Group companies, in conjunction with Legal, to ensure they are fit for purpose.
Review, upgrade and manage the Derivative Admissibility and Gap Risk processes and Bank counterparty limits and exposures.
Liaise with key stakeholders to ensure business continuity.
Assist in enhancing processes and the robustness of controls to mitigate risks.
Take the lead as Subject Matter Expert in automating Treasury operations via the use of our Treasury Management System (Quantum).
Represent Treasury in the IBOR transition project.
Support the Treasury DCM Manager on key projects such as Debt issuances, updating debt programmes, developing an ESG Bond Framework.
- Skills Required
Degree (minimum 2:1) preferably in an analytical subject and/or a relevant professional qualification e.g. ACT, CFA or accountancy qualification.
Detailed working knowledge of markets including money markets, foreign exchange markets, bond markets and derivatives.
Working knowledge of the use of options, foreign exchange and interest rate risk management.
Aware of accounting implications of treasury instruments.
Familiar with the different capital market instruments available for the raising of both short term and long-term debt.
Working knowledge of treasury management systems (ideally Quantum).
Understanding of Bloomberg.
Awareness of regulation and legislation on the markets involved
Whatever your role, we reward ability, performance and attitude with a package that looks after all the things that are important to you. Our employees have a wide range of benefits including a generous pension scheme, life assurance, 27 days' holiday,private medical insurance, performance related bonuses, a variety of share schemes, discounts at both a huge range of high street stores and our own great products, your hard work will be rewarded when you join us.
Please contact firstname.lastname@example.org with hany queries. No agencies please.