Treasury Manager - London, United Kingdom - Ultimate Banking Ltd

Ultimate Banking Ltd

Verified Company

London, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Treasury Manager

North West - remote

£60-65k

Introduction

Our client, a well-respected and long-established customer focussed financial services provider based in the Northwest, is recruiting a new role to the organisation as they grow and expand.

The role is no.2 to the Treasurer and whilst the Head Office isin the North West, the role can be undertaken remotely with occasional travel to Head Office.

Key responsibilities of the Treasury Manager
Provide key support to the Group Treasurer and Finance Director across a range of Treasury areas:

ALCO
preparation of papers and minutes and issuance of monthly meeting pack. Ensure integrity and ongoing development of ALCO reporting and commentary to support management and committee decision making.
Management of the ALM plans, including financial modelling of balance sheet and regulatory limit projections over the corporate plan period.
Support the Group Treasurer to develop and implement the hedging strategy including weekly analysis and recommendations to the Exec team and ALCO.
Review of the liquidity stress testing models and management of retail deposit behavioural modelling as part of ongoing development of the ILAAP. Improve and develop forward looking liquidity forecasts.
Support the Group Treasurer in the development of the Treasury Management Risk Policy and update/control of Treasury processes.
Support the Treasury Back & Middle Office functions in reviewing reports and data.
Liaise with ALMIS to maintain and develop the Treasury Management Systems.
Interface with Financial Planning to provide inputs to Corporate Plan as needed for liquid asset investments, wholesale funding and the interest rate swap portfolio.
Proactive role in developing the funding strategy alongside the Group Treasurer, including external research and liaising with the Sales & Marketing team for Retail Funding.
Utilise a range of external sources to compare the ALM strategy to peer group organisations, treasury forums, regulatory publications, and form recommendations accordingly.

Requirements for the Treasury Manager

Part/Fully qualified accountant (CIMA/ACCA/ACA) or full/part Treasury qualification (e.g., AMCT) with 2+ year's work experience in a Treasury related or ALM function.
Strong drive and initiative to improve reporting, analysis and control processes and an ambition for selfdevelopment.
It would be beneficial if you had Retail Banking / Building Society experience and an understanding of interest rate/wholesale markets and pricing, mortgages and savings.

A good benefits package is on offer, including up to 10% bonus and generous as part of the management team.