Treasury Manager

Shawbrook

Treasury

London, England, GB

Posted on

Employer reference: REF1371W

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 Manager will support the Head of ALM and Middle Office covering all areas of ALM: liquidity and funding risk management, market risk (IRRBB & FX) and funds transfer pricing. This is a unique opportunity for a treasury professional who is looking to broaden their expertise and make significant contributions whilst gaining valuable exposure to senior leadership. 

Key Responsibilities

Liquidity Risk Management (including ILAAP)

  • Lead the end-to-end production and delivery of the ILAAP document, coordinating across Finance, Risk, Treasury and senior mgt.
  • Ensure alignment of the ILAAP with the firms risk appetite framework, business strategy and regulatory expectations.
  • Maintain a strong governance and documentation process.
  • Conduct scenario analysis and stress testing to assess the impact on the Bank’s liquidity;
  • Oversight of the Bank’s weekly liquidity process (including cash flow and MI pack);
  • Continuous improvement of the Bank’s attrition modelling and data management;
  • Support the continuous development of liquidity stress testing modelling.

Asset and Liability Management

  • Support the development of and implementation of ALM strategies to optimize the Bank’s balance sheet;
  • Monitor and manage interest rate risk, liquidity risk and funding risk;
  • Analyse loan and deposit portfolios to optimize funding costs and lending strategies;
  • Improve IRRBB analysis and reporting. Implement hedging strategies to mitigate market risks using derivatives;
  • Support the integration of a new ALM system (all UAT);
  • Provide insights and reports to support ALCo decision making;
  • Support the update of all relevant policies and frameworks.

Regulatory

  • Ensure the Bank is compliant with all relevant Market and Liquidity Risk Regulatory guidance, as well as attestation is in place
  • Keep up to date with the latest regulatory developments and how they impact Treasury i.e., Standard Outlier Testing, LCR, NSFR and other Market Directives
  • Support responses to regulatory requests and audits related to Liquidity and Market Risk.

The Person

  • Circa 7 years of banking treasury experience.
  • Able to demonstrate experience of an ILAAP is essential. 
  • Able to demonstrate a strong understanding of liquidity risk management frameworks and regulatory requirements.
  • Experience of working with ALCO and senior management
  • Strong relationship management skills 
  • Proficient in ALM systems, risk modelling tools and financial analytics software i.e., QRM, ALMIS or SQL.
  • Good understanding of UK banking market, competitive forces, and how a Treasury supports the Business

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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