Senior Treasury Manager, Front Office

Brewer Morris; City Of London; On-site; GBP 80,000 - 100,000; Full time

Job summary

A leading financial services firm in the City of London is seeking a Treasury expert to manage and execute derivatives for risk hedging and to oversee the Group's £18bn derivative portfolio. The ideal candidate will have strong skills in financial modelling and a comprehensive understanding of credit rating methodologies. This role involves strategic planning and close collaboration with the Front Office for optimal FX risk management.

Qualifications

• Experience managing a large derivative portfolio.
• Strong understanding of credit rating agency methodologies.
• Ability to develop and implement financial models.

Responsibilities

• Structure and execute derivatives to hedge risk.
• Manage the Group's £18bn derivative portfolio.
• Negotiate ISDA and CSA documentation.

Skills

Derivatives execution

Risk management

Financial modelling

Negotiation skills

Credit rating analysis

Tools

TMS

Bloomberg

Job description

Overview

This is a key role for the Group Treasury, responsible for the efficient execution of derivatives to hedge financial risks, driving forecast of funding requirements and cash interest, and modelling credit rating metrics.

Responsibilities

• Structure and execute derivatives to hedge risk on debt capital market issuance and interest rate risk management, focusing on optimising pricing and execution
• Deliver strategy to manage the Group’s £18bn derivative portfolio, acting as Group’s expert to identify and implement cost-effective solutions to manage risk
• Act as Group’s expert in design, development and management of derivative management financial models, including the use of TMS and Bloomberg
• Negotiate ISDA and CSA documentation with the support of legal team
• Group expert on credit rating agency methodology and calculations, and the review of accuracy, correctness, and appropriateness of facts and opinions in credit rating reports
• Develop the Group’s overall interest budget (~£850 million per annum) acting as the Treasury expert for the impact on the business plan. Monitor delivery of interest to budget, and identify risks and opportunities
• Develop and maintain the Group’s medium term funding plans, working closely with colleagues in Group FP&A
• Supporting Front Office colleagues in executing FX and cash investments, as well as managing operational process such as collateral calls. Supporting Front Office colleagues in optimising FX risk management and execution (~£2.5bn p.a.)
• Identifying front office process improvements and supporting the delivery of these
• Own the semi-annual update of the Group’s sanctions compliance questionnaire working closely with the Trade Compliance team.

Additional Information

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