Treasury Dealer

Recruiting Treasury & Risk professionals - JSS Search The Treasury Dealer will be responsible for executing and managing the Bank’s treasury investment portfolio across structured credit (CLOs, RMBS, ABS) and high-quality liquid assets (SSA, covered bonds, gilts). This exciting new role also encompasses day-to-day management of IRRBB and FX exposures through interest rate and cross‑currency derivatives, ensuring trades remain within risk appetite and regulatory standards. Key Responsibilities Source, evaluate and execute investments in structured credit instruments (CLOs, RMBS, ABS) and other treasury assets. Negotiate allocations in primary issuance and manage secondary‑market opportunities. Conduct manager and deal due diligence, prepare trade rationales, and ensure compliance with eligibility, capital and liquidity rules. Monitor positions, P&L, risk metrics and early warning indicators. Maintain accurate investment MI for Treasury Committee and ALCO. Proactively recommend portfolio adjustments to optimise risk/return. Design and execute swaps, cross‑currency swaps and FX forwards to manage IRRBB and FX risk. Align hedge activity with Board‑approved risk appetite, ICAAP/ILAAP metrics, and PRA supervisory expectations. Experience & Qualifications Front‑office experience in investment banking, treasury dealing or structured credit trading/analysis. Proven track record in sourcing, pricing and executing trades in CLOs, RMBS/ABS or comparable asset classes. Understanding of IRRBB metrics, cross‑currency swap hedging and FX risk management. Familiarity with regulatory frameworks (CRR, PRA Rulebook, Basel standards) as they apply to structured credit and derivatives. Experience using Bloomberg and treasury management systems (e.g. MORS). Analytical and commercially minded, with strong attention to detail. Comfortable operating in a fast‑growing challenger bank with evolving structures. Clear communicator who can work cross‑functionally and influence senior stakeholders. Seniority level Associate Employment type Full‑time Job function Finance #J-18808-Ljbffr