Treasury Manager (Markets)

Shawbrook

Treasury

London, England , GB

Posted on

Employer reference: REF1675O

The Opportunity

Shawbrook provides finance to a wide range of customer segments that value the premium experience, flexibility and certainly we deliver.  We are a purpose-led organisation, with a focus on delivering long-term sustainable value for all our stakeholders.

We have a diversified offering, with our innovative lending propositions tailored to meet specific customer needs in carefully selected markets across SME, Real Estate and Personal. Our products range from complex structured credit facilities for growth-focused businesses to mortgages for professional landlords and property investors, as well as simple loans for consumers delivered digitally.  We fuel our lending through customer deposits, which we attract by delivering a premium experience, choice and consistently great value to smart savers.

The business model we have created is unique and difficult to replicate, with our ‘best of both’ approach combining deep human expertise with advanced digital, tech and data capabilities.  This combination not only allows us to deliver excellent customer experiences, but to do so efficiently and at scale.  We are proud of our innovative and agile culture, which drives consistently high employee engagement scores and makes Shawbrook an attractive destination for the best talent. If you’re willing to roll up your sleeves, contribute new ideas and believe anything is possible, you’re our kind of person.

Work with us because you:

  • Want to be part of a bank built for the dynamics of the modern world
  • Relish a challenge and enjoy a fast-paced, innovative and hardworking culture
  • Enjoy finding new and better ways to solve complexity and make things happen
  • Want to belong to a diverse culture that stands shoulder to shoulder with minority and underrepresented groups
  • Care about society and the environment and want to be part of a business that cares too
  • Want to continue to grow professionally and be the best version of yourself

The Role & Responsibilities

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

Key Responsibilities

  • Oversee the management of the bank's High-Quality Liquid Asset (HQLA) portfolio and non-HQLA liquid asset book, identifying approved investment opportunities within Treasury's 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 bank's 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 bank's 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 bank's 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 bank's treasury objectives.

The Person

  • Bachelor’s 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. Bloomberg,Tradeweb, Quantum) 

Reward

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 - It’s important you strike the right balance between your work and personal life. We provide benefits to support you when at work and when you’re 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 - We’re 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

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