Strategic Treasurer Lead for a UK Challenger Bank
6 days ago
Empirical Search Limited is partnering with the UK's leading challenger bank to find an exceptional Strategic Treasurer Lead. This highly rewarding 12-month interim role offers the opportunity to lead the front office execution, manage derivatives, and foster key banking relationships. The bank boasts a hybrid working arrangement.
This position requires strong leadership skills to oversee a six-person team responsible for liquidity and interest rate risk management. Key responsibilities include:
- Managing interest rate risk exposure through strategic use of derivatives in collaboration with the Director of Treasury.
- Maintaining effective drawings from SMF to provide liquidity alongside the deposit raising operation.
- Negotiating and managing collateral pools with the Bank of England for central bank funding schemes.
- Developing and implementing Treasury policies, including the Funding Plan, Overarching Treasury Policy, and Lending Commitments Policy.
- Cultivating and maintaining positive relationships with relationship banks to enhance interest rate margin management.
- Providing partial cover for the ALM team as needed and supporting the Director of Treasury.
To be successful in this role, you will need:
- Significant experience in a Treasury Banking environment.
- Comprehensive knowledge of Treasury products.
- An understanding of the PRA regulatory landscape, ILAAP, and financial derivatives.
- A degree from a reputable institution.
- Relevant professional qualifications such as AMCT, ACA, ACCA, or CFA are preferred.
The estimated salary for this position is £80,000 - £110,000 per annum, depending on experience, reflecting the significance of the role and the industry standards. This figure may vary based on individual circumstances.
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