Front-Office Treasury Trader: Derivatives, FX & Funding

OakNorth Bank plc; Greater London; Hybrid; GBP 110,000 - 170,000; Full time

Job summary

OakNorth Bank plc seeks a hands-on treasury professional to execute derivatives and FX activities, size liquidity positions and support capital and wholesale funding decisions. You will price, trade and build analytics behind recommendations, presenting to ALCO and the CFO.

The role is front‑office weighted within a small team, offering scope to deepen expertise in funding, liquidity frameworks and regulatory reporting while leveraging AI-assisted development and Python tooling.

Qualifications

• Essential front-office treasury experience in bank treasury, money markets, ALM, or markets and rates roles.
• Strong Bloomberg pricing, curve and relative-value analysis, swap and FX pricing, and day-to-day ticket workflow.
• Solid understanding of LCR, NSFR and HQLA classifications and regulatory impacts.
• Proficient in building/reading analytical tooling in Python (pandas, numpy).
• Ability to explain trades, numbers and risk clearly to a senior, non-specialist audience.

Responsibilities

• Execute interest rate swaps, cross-currency swaps and FX forwards within the hedging programme.
• Price, negotiate and execute with dealers across the counterparty panel with best execution.
• Own the FX risk position and provide exposure and hedging analysis for ALCO/Board reporting.
• Monitor collateral and margin flows under CSA, informing liquidity implications.
• Support hedge designation and documentation with Finance.
• Size investment portfolio (gilts, HQLA) and manage duration/maturity ladders and concentration.

Skills

Execution experience

Bloomberg skills

Instrument knowledge

Regulatory mechanics

Python literacy

Communication

Education

CFA, FRM, BTRM in progress or complete

Tools

Bloomberg Terminal

Job description

OakNorth Bank plc seeks a hands-on treasury professional to execute derivatives and FX activities, size liquidity positions and support capital and wholesale funding decisions. You will price, trade and build analytics behind recommendations, presenting to ALCO and the CFO.

The role is front‑office weighted within a small team, offering scope to deepen expertise in funding, liquidity frameworks and regulatory reporting while leveraging AI-assisted development and Python tooling.