Treasury Regulation

3 weeks ago


Skipton, United Kingdom Skipton Building Society Full time

Hours:
35 hours per week

**Salary**:
£68,663 Per Annum

Closing Date:
Tue, 18 Apr 2023

Not just another building society. Not just another job.

We're the fourth biggest building society in the UK and what makes us a bit different is that we're a mutual organisation. We don't have shareholders, we're owned by our members.

Our colleague say Skipton's a great place to work and you could be one of them, bringing with you new ideas on how we can keep customers at the heart of what we do.

Whatever your background, and whatever your goals, we'll help you take the next step towards a better future.

**Job Description**:
Group Treasury is an exciting and demanding area of our business. We raise wholesale funding, manage liquidity and minimise interest rate risk for the Society.

Reporting to the Group Treasurer, we are looking for an experienced individual to lead Group Treasury’s approach to first line governance, interpreting and supporting the implementation of new regulation and instilling a strong control framework. Naturally, we'll expect you to be a great fit in to the culture of the Treasury team, be an advocate of everything the Society stands for and always be seeking to do the right thing.

What you will be doing

Your main responsibilities will include:

- To lead the ongoing development and maintenance of the areas of the Resolvability Assessment Framework (RAF) in which Group Treasury has responsibility.
- Ensure comprehensive understanding and adherence to regulatory policies, processes and procedures. Identify their impact on the Society and make recommendations to the appropriate governance group/committee/teams regarding their implementation.
- Manage and negotiate the Society’s legal documentation relating to interest rate swaps, repo and securities lending agreements. Ensuring all legal and regulatory requirements are complied with at all times.
- Manage updates to the Society’s Treasury Policy, including Dealing Mandates, Treasury Delegations and the annual update process with ALCO and Board Risk Committee.
- Responsible for managing compliance with Operational Continuity in Resolution.

What you will bring

To succeed in this role you should be
- A great team player, with a willingness to support your colleagues to tackle problems head on. A keen advocate of Skipton’s values.
- Able to pay high attention to detail and be an innovative thinker in relation to problem solving and solution development.
- Someone who can read and interpret regulation, being confident to make recommendations.
- A strong communicator who can effectively communicate issues and solutions as well as work collaboratively with a range of stakeholders.
- Whilst preferable, a Treasury background is not essential - but you will need to be self-motivated, driven by an inquiring mind and have the desire to learn.

We care about our colleagues. So we treat each other like the complex and diverse individuals we are.

Work here is never one-size-fits-all, it flexes around your strengths and needs,

Everyone is held accountable for achieving our common purpose. The aim is for all of us to do better work, have a better life and enjoy a better balance between the two.