Funds Transfer Pricing Manager - London, United Kingdom - eFinancialCareers

Tom O´Connor

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Tom O´Connor

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Description
Join us as a Funds Transfer Pricing Manager

  • This role will see you setting our Funds Transfer Pricing (FTP) framework to ensure that funding and capital costs are appropriately allocated to franchises, are sufficiently transparent to business decision makers, and are factored into business commercialdecisions
  • We'll look to you to ensure that the FTP framework is used to incentivise business activity in line with our broader strategic objectives
  • This role offers a great deal of variety as well as the opportunity to develop your skills

What you'll do

As a Funds Transfer Pricing Manager, you'll drive balance sheet optimisation through intelligent risk taking, evolving the FTP framework to incentivise the balance sheet structure and balancing long-term franchise considerations with considerations for themarginal impacts using scarce balance sheet resources.

You'll maintain a systematic and well controlled approach to the FTP policy and framework setting and implementation, and you'll be responsible for providing periodic and ad hoc updates to the bank's view of its available balance sheet resources.

This willhelp us understand any constraints across our legal entities and support decisions regarding booking models, balance sheet growth plans, the approach to funding the balance sheet, and M&A discussions.

As such, you'll support our balance sheet strategy andplaybook for utilisation of capital and liquidity resources.

In addition to this, you'll:

  • Design and maintain a robust FTP framework to make sure that interest rate, liquidity, funding, and capital risks are adequately recognised in business performance measures and product pricing
  • Provide guidance to business stakeholders on FTP related matters to optimise value for the business, legal entities, and the organisation
  • Drive FTP input into budgeting and planning process and analyse planned funding and business developments to proactively identify any need to resteer the balance sheet shape
  • Be responsible for assessing customer behaviours supported by data insights and potential vulnerabilities, to enable an effective setting of the behavioural assumptions that underpin product tenor costing and rewards

The skills you'll need

To succeed in this role, you'll either need a strong understanding of banking regulatory frameworks, or a demonstrable ability to quickly develop this.

A commercial mindset would also be advantageous.

Along with the ability to interpret, transpose, and communicateto an array of stakeholders across various contexts and levels of seniority, you'll need strong interpersonal and communications skills.


In addition, you'll need:

  • Experience of balance sheet management covering capital, liquidity, funding, FTP, ALM or treasury management
  • The ability to make significant contributions to projects and drive the direction of project outcomes
  • Good technical skills including PowerPoint and Excel
  • Strong analytical skills with the ability to think strategically
  • The ability to handle change in a dynamic environment

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