Treasury Manager (Markets)

The Treasury Markets Manager holds primary responsibility for executing Shawbrooks treasury markets operations in accordance with the banks treasury and risk frameworks. This role operates within a governance structure encompassing ALM Finance Risk and external counterparties and is instrumental in advancing the banks funding optimisation and hedging strategies through ALCO and related governance forums.

Key Responsibilities

• Oversee the management of the banks High-Quality Liquid Asset (HQLA) portfolio and non-HQLA liquid asset book identifying approved investment opportunities within Treasurys mandated parameters and ensuring accurate reporting of positions to senior management.
• Monitor market issuances and conduct due diligence sessions with issuers of approved instruments; prepare comprehensive credit analysis for prospective investment opportunities and present substantiated proposals to relevant governance committees.
• Support the Treasury Markets team Deputy Treasurer and Treasurer with ongoing capital programme updates and issuances. Review and maintain legal documentation and management packs to ensure compliance and accuracy.
• Execute interest rate swaps to hedge structural and behavioural interest rate risk arising from the lending book and savings franchise in accordance with approved hedging mandates.
• Execute foreign exchange swaps to manage currency exposures in support of the banks FX lending operations.
• Maintain ISDA GMRA and CSA documentation in conjunction with Legal and Treasury Operations; conduct counterparty onboarding and review procedures in accordance with regulatory requirements.
• Update the banks reporting systems with new instruments movements in liquid asset positions and new hedges to ensure data integrity and regulatory compliance.
• Prepare comprehensive papers and required reporting for ALCO Regulatory Risk Committee and Board meetings ensuring accuracy and adherence to governance standards.
• Maintain and update the banks Treasury Counterparty and Approved Instruments Policy to reflect evolving market conditions and regulatory requirements.
• Monitor market developments including rates spreads central bank policy and sterling funding markets; translate market intelligence into actionable insights for ALCO and senior stakeholders.
• Maintain strategic relationships with the Bank of England issuers banking counterparts and external stakeholders to support the banks treasury objectives.

Qualifications :

• Bachelors degree (BA/BSc) or higher in a numerate discipline 
• ACT (AMCT/MCT) CFA or similar professional qualification 
• Experience within a Treasury Function in a UK bank or regulated financial institution 
• Confident user of treasury or trading systems (e.g. BloombergTradeweb Quantum) 

Additional Information :

Your Wellbeing - We take your health and well-being very seriously by providing a range of benefits to give you and your family peace of mind. These include:

• Market leading family friendly policies such as access to our Maternity Adoption and Paternity policies from Day 1 of your employment
• Free access to Headspace a mindfulness & meditation digital health app
• Free access to Peppy digital health app that offers personalised support through fertility treatment becoming a parent or menopause
• EAP (Employee Assistance Programme) - Offering you support on a wide range of subjects including financial concerns mental wellbeing and more general queries around family work housing and health
• Cycle to work scheme
• Discounts on gym membership
• Contributory pension scheme & death in service

Your Lifestyle - Its important you strike the right balance between your work and personal life. We provide benefits to support you when at work and when youre enjoying your leisure time.

• Minimum of 27 days holiday per year
• Option to buy or sell holiday days through our flexi-holiday scheme
• Discounts on gym membership nationwide
• Access to discounts on a range of high street and online brands
• Community support and charitable giving

Your Contribution - Were focused on rewarding those that go the extra mile in helping us achieve our goals.

• Participation in our annual discretionary bonus scheme designed to reward your contribution to our success
• Proudly Shawbrook recognition scheme focused on recognising our role models and thanking our colleagues for a job well done

Remote Work :

No

Employment Type :

Full-time