Treasury Analyst

Ultimate Banking Ltd; Newbury; On-site; GBP 33,000 - 37,000; Full time

Benefits offered by this job

Generous holiday allowance

Contributory stakeholder pension

Wellbeing programmes

Birthday off

Job summary

Newbury Building Society is seeking a Treasury Analyst to join the Treasury team in Newbury. You will focus on ALM, analyze risk positions, and support strategic decision-making to manage asset and liability risk.

You will work closely with the Head of Treasury and CFO, producing insights, assisting with reporting, and contributing to process improvements while operating within the Risk Management Framework.

Qualifications

• Academic background in mathematics or economics.
• Prior experience in Treasury or Asset/Liability Management (ALM).
• Excellent written and verbal communication skills.
• Proficiency in Microsoft Excel, including advanced functions.

Responsibilities

• Monitor and analyse interest rate and basis risk positions.
• Support management of derivative counterparty exposures.
• Provide management information and reporting for ALCO, Executive Committee and Board meetings.
• Support regulatory reporting and Treasury systems management.
• Contribute to Treasury process improvements and new analysis capabilities.
• Maintain robust controls within the Risk Management Framework.

Skills

Mathematics/Economics background

Treasury/ALM experience

Advanced Excel

Written and verbal communication

Education

Mathematics or Economics degree

Tools

Excel

Job description

Treasury Analyst

Location: Newbury

Hours: Full time, 35 Hours Monday to Friday 9am-5pm

Salary Starting: £33,175.41

Target: £36,861.56

Introduction

We are looking for an analytically minded Treasury Analyst focussed on ALM to join our Treasury team. This is an exciting opportunity to play a key role in managing asset and liability risks, supporting strategic decision-making, and ensuring the Society operates within its risk appetite and regulatory requirements.

Working closely with the Head of Treasury and Chief Financial Officer, you will provide insightful analysis, contribute to Treasury reporting, and help monitor and manage interest rate and balance sheet risks. You will also have the opportunity to support process improvements and influence key Treasury activities that contribute to the Society's long-term success.

What you will be doing

You will support the Treasury function by:

• Monitoring and analysing interest rate and basis risk positions.


• Supporting the management of derivative counterparty exposures.


• Producing insightful management information and reporting for ALCO, Executive Committee and Board meetings.


• Providing commercial analysis and forward-looking insights to support Treasury decision-making.


• Supporting regulatory reporting requirements and Treasury systems management.


• Assisting with Treasury process improvements and development of new analysis and reporting capabilities.


• Maintaining robust controls and operating within the Society's Risk Management Framework.

This role offers the opportunity to make a meaningful contribution to an important area of the business, gaining exposure to senior stakeholders and strategic decision-making. You will be joining a collaborative and supportive team where continuous learning, innovation and professional development are encouraged.

If you are looking for an opportunity to apply your skills in a role that directly influences the financial strength and success of the Society, we would love to hear from you.

Why choose Newbury?

We want to help you develop - we are accredited by the Financial Services National College for the quality of our learning and development practices. No matter your role, there will be opportunities to take on new responsibilities and be involved in projects to further your career.

We want to look after and reward you - you will receive a generous holiday allowance, contributory stakeholder pension scheme, access to wellbeing programmes, and your birthday off.

We care about our communities - as well as providing financial services, we get involved in supporting local charities and people. This means regular opportunities to volunteer, fundraise, and help with community events and activities. All employees also receive two paid days of volunteering every year to help causes they feel passionately about.

Essential skills and experience

• Academic background in mathematics or economics and/or work-based experience of Treasury or Accounting


• Prior experience of working in a treasury / finance function or Asset/Liability Management


• Curiosity and ability to problem solve


• Competent in the use of Microsoft packages - with advanced Excel skills


• Organised, able to plan and take ownership for your workload


• Evidence of excellent written and verbal communication skills

Desirable skills and experience

• Studying for a relevant accounting or treasury related qualification


• General Understanding of Financial Services Industry

Interviews

• 90-minute competency-based interview held in Newbury Head Office.


• We aim to interview successful applicants within 10 working days.


• Feedback provided regardless of outcome.


• We reserve the right to close this vacancy at any point.

*The salary offered is dependent on evidence of key competencies and skills you currently have. Newbury Building Society pride themselves on recruiting for potential so if you do not meet all of the criteria in terms of knowledge, experience and skills, you will benefit from learning and development opportunities to enable you to work towards the top of the salary range. This will be via ongoing feedback from your line manager and assessment of your progression against all the criteria.