Deputy Treasurer - Capital Markets & Funding

Southern Water; Worthing; Hybrid; GBP 100,000 - 125,000; Full time

Job summary

A key utility company in Worthing is seeking a Deputy Treasurer - Capital Markets and Funding. In this high-impact role, you will lead funding activities, manage relationships with banks and investors, and execute hedging strategies. Ideal candidates should have extensive Treasury experience, strong bond financing skills, and the ability to influence senior stakeholders. The position offers a competitive salary and attractive benefits, including a monthly car allowance and performance-related bonuses.

Benefits

Company and performance-related bonus

Generous pension with up to 11% company contribution

Life assurance payment equal to four times your annual salary

Health benefits through a Cash Plan

Two paid community volunteering days a year

25 days annual holiday

Occupational health service

Perkbox benefits offering discounts

Study support for job-related qualifications

Flexible parental leave options

Qualifications

• Extensive experience in Treasury with a strong track record.
• Ability to negotiate and manage complex transactions.
• Strong understanding of capital-intensive sectors.

Responsibilities

• Lead negotiation and execution of financing initiatives.
• Manage relationships with financial stakeholders.
• Oversee debt investor relations and presentations.
• Execute hedging strategies and contribute to risk management.
• Prepare board-level papers on funding strategy.

Skills

Treasury experience

Bond financing

Capital markets activity

Derivatives management

Bank facility negotiation

Influencing stakeholders

Structured finance understanding

Education

MCT qualification

Job description

Southern Water is entering a pivotal phase in its financial transformation, with a renewed focus on strategic funding and capital markets activity to support our ambitious investment plans. We are seeking a commercially astute and technically accomplished Deputy Treasurer - Capital Markets and Funding, to play a critical role in shaping and executing our financing strategy. Reporting to the Corporate Finance Director, this is a high-impact role at the heart of our Treasury function. You will lead on all aspects of funding activity, including bond issuances, bank facility negotiations, and derivatives execution. You'll also be a key point of contact for debt investors, banks, and rating agencies, ensuring Southern Water maintains strong market credibility and access to capital. This is a rare opportunity to join a business with a £7.8bn investment plan for 2025-30, where your expertise in capital markets will directly influence the future of water infrastructure in the South East.

Responsibilities

• Leading the negotiation, documentation, and execution of financing initiatives across bond, bank, and private placement markets.
• Managing relationships with banks, corporate advisors, rating agencies, and other financial stakeholders.
• Overseeing debt investor relations, including presentations, updates, and maintaining the investor website.
• Executing interest rate, inflation, and FX hedging strategies, and contributing to Group-level risk management.
• Supporting the Corporate Finance Director and deputising where required.
• Collaborating closely with the Deputy Treasurer - Corporate Finance to ensure knowledge sharing and alignment across Treasury.
• Preparing board and executive-level papers on funding strategy and performance.

Qualifications

• Extensive experience in Treasury, with a strong track record in bond financing, capital markets activity, and derivatives.
• Proven expertise in bank facility negotiation and managing complex financial transactions.
• Strong understanding of structured finance, ideally within capital-intensive sectors such as utilities, infrastructure, or real estate.
• Gravitas and leadership capability, with the ability to influence senior stakeholders and external partners.
• MCT qualification would be advantageous.
• A collaborative mindset and the ability to thrive in a fast-paced, high-accountability environment.

Salary & Benefits

Salary: Competitive salary commensurate with experience + £400 monthly car allowance and up to 10% bonus, This role will be full time Monday to Friday with a hybrid approach to working between Worthing and home. We are offering a competitive salary dependent on skills and experience as well as other benefits including:

• Company and performance-related bonus
• Generous pension with up to 11% company contribution
• Life assurance payment equal to four times your annual salary
• Health benefits through a Cash Plan
• Two paid community volunteering days a year
• 25 days annual holiday
• Occupational health service
• Perkbox benefits offering discounts and savings on several products and experiences
• Study support may be available for job-related qualifications
• We offer competitive maternity, paternity and parental leave as well as flexible return to work options.