Treasury Manager (Markets)
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.
- 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)
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