Interim Head of Balance Sheet Management

Aldermore Bank PLC; City Of London; Hybrid; GBP 80,000 - 110,000; Full time

Job summary

A prominent UK bank is seeking a Head of Balance Sheet Management in London. This strategic role involves leading a team to optimize financial risk and performance. Candidates must have deep Treasury expertise in UK retail banking and strong leadership capabilities. The bank offers a competitive salary, a hybrid working model, and opportunities for career growth.

Benefits

Hybrid working model

Flexible culture

Opportunities to progress

Continuous improvement drive

Competitive salary and benefits

Qualifications

• Proven track record across Treasury / BSM, ideally within UK retail banking.
• Ability to operate in a fast-paced, high-pressure environment.
• Experience attracting, developing and retaining talent.

Responsibilities

• Own and develop risk appetite and control frameworks for IRRBB and liquidity risk.
• Define and oversee hedge strategies balancing risk mitigation with accounting outcomes.
• Lead Treasury engagement with business units on liquidity and funding risks.

Skills

Deep Treasury expertise

Strong leadership capability

Stakeholder management

Attention to detail

Education

Degree educated (2:1 or equivalent)

Relevant higher or professional qualifications (e.g., CFA, PRM)

Tools

Advanced Excel

Strong IT skills

Job description

Aldermore Group – why we exist

Let us tell you a bit about us

We’re Aldermore – the award-winning bank, trusted and highly rated by over a quarter of a million customers for more than a decade. With our range of specialist mortgages, savings accounts and business finance solutions, we're backing more people to go for it.

We thrive by saying “yes” to our customers. We respect the ingenuity of entrepreneurs and their startups; we give first-timers a leg-up onto the property ladder; we open up the lending market to many; and thousands of customers chose Motonovo Finance every week to buy their next car, van or motorbike.

This is where you come in. We are on a journey. A journey defined by a destination; to deliver on our purpose.

Let us tell you a bit about the opportunity

Join Aldermore Group as our Head of Balance Sheet Management and lead the development of BSM across the Group, covering ALM and Liquidity & Funding Risk. This high-impact role is central to optimising our balance sheet, managing financial risk and driving improved returns.

You’ll shape risk and performance outcomes across the Group, own key financial risk strategies, and ensure a strong control environment while supporting the broader treasury and business strategy.

Leading a team of around 10 treasury professionals, you’ll build a collaborative, high-performing culture where people can thrive. You will also chair the Balance Sheet Working Group and pre‑ALCO, attend ALCO, present at key committees, and sit on the Treasury Leadership Team.

This is a fantastic opportunity for a strategic, influential Treasury leader to make a real impact. This role is offered on a 6‑month FTC.

To act as an ambassador of the Bank’s vision to; Back more people to go for it in life and in business.

What will your day look like?

• Own and develop risk appetite, control frameworks and policies for IRRBB, liquidity and funding risk, ensuring risks are efficiently identified, measured and managed.
• Define and oversee hedge strategies (IRRBB, market and FX risk), balancing effective risk mitigation with appropriate accounting outcomes.
• Own and implement the FTP framework, ensuring transparency, efficiency and clear understanding across business units.
• Lead Treasury engagement with business units on market, liquidity and funding risks, including new product proposals, hedging strategies and FTP matters.
• Own and refresh ILAAP and ICAAP, ensure compliance with regulatory requirements, and lead interpretation of new / existing regulations and their impact on returns.
• Support strategic planning and Treasury P&L clarity, engage with external stakeholders (including PRA), and lead a high‑performing BSM team while contributing to broader Treasury leadership.

What do we expect from you?

• Deep Treasury expertise with a proven track record across Treasury / BSM, ideally within UK retail banking, with strong knowledge of capital and liquidity regulation (BIPRU, EBA / CRD IV, Basel II / III, recovery & resolution).
• Strong leadership capability with experience attracting, developing and retaining talent, and building a resilient, high‑performing team.
• Ability to operate in a fast‑paced, high‑pressure environment, delivering practical solutions and managing ad‑hoc requirements end‑to‑end.
• Excellent stakeholder management with clear, confident written and verbal communication skills.
• Strong attention to detail combined with the ability to think strategically and understand the broader risk landscape, including credit, operational and legal.
• Degree educated (2 : 1 or equivalent) with relevant higher or professional qualifications (e.g., CFA, PRM, AMCT / ACT) preferred; highly numerate with advanced Excel and strong IT skills.

What can you expect from us?

• Hybrid working model – 2 days in the office, 3 days from home
• A friendly and flexible culture, the same as how we work with our customers.
• A growing organisation that means there’s lots of opportunities to progress
• A drive for continuous improvement, which you will be empowered to get behind from day one.
• And of course, you will be rewarded competitively, with a good range of core benefits and bonus potential.

Still curious?

Join us and we’ll make the same promises to you as a colleague, as we do to each of our customers. We’re committed to building a working environment that values respect, diversity, and compassion. We welcome people regardless of age, disability, gender identity, marital status, race, faith or belief, sexual orientation, socioeconomic background, and whether you’re pregnant or on family leave.

Please note that we have a thorough referencing process, which includes criminal record checks.