Interim Head Liquidity & Funding (12 month FTC)
Posted 2 weeks ago by Vanquis on Linkedin
Job Description: The Interim Head of Liquidity & Funding will oversee the Group's financial resources, focusing on liquidity and funding management, asset and liability management, and Funds Transfer Pricing (FTP). This role involves assessing cash flow, managing wholesale funding, and ensuring compliance with internal and regulatory requirements. The position requires collaboration with stakeholders and the existing Head of ALM during a system implementation project. The ideal candidate will have extensive experience in balance sheet management within a UK bank or building society.
Key Responsibilities:
- Manage liquidity and funding through effective asset and liability management.
- Assess cash flow and perform Funds Transfer Pricing (FTP) for the bank.
- Own wholesale funding activities, including investor reporting and counterparty relationships.
- Monitor and manage balance sheet characteristics to ensure compliance with risk appetite.
- Engage with stakeholders regarding funding requirements and balance sheet optimization.
- Monitor internal and regulatory ratios for compliance with policies and regulations.
- Keep management informed of market changes and recommend funding strategies.
- Support the Group Treasurer in managing the bank’s FTP process.
- Drive improvements in risk and Profit and Loss (PnL) reporting processes.
Skills Required:
- Bachelor’s degree in business/finance-related discipline; relevant post-graduate qualification preferred (e.g., actuary or CFA).
- Minimum of 7 years’ experience in a UK bank or building society.
- Experience in Balance Sheet Management/Asset & Liability Management.
- Detailed knowledge of financial modelling and balance sheet management.
- Good knowledge of Treasury/Hedging products and instruments.
- Strong interpersonal, analytical, and problem-solving skills.
- Excellent financial analysis and interpretation skills.
- Strong oral and written communication skills.
- Well-organized with the ability to manage multiple objectives and stakeholders.
Salary (Rate): undetermined
City: London Area
Country: United Kingdom
Working Arrangements: undetermined
IR35 Status: undetermined
Seniority Level: undetermined
Industry: Other
Reporting to the Group Treasurer, the Interim Head of Liquidity & Funding will be responsible for managing the financial resources of the Group through liquidity & Funding management, asset and liability management, FTP, and other core treasury activities. The role holder will also be responsible for assessing cashflow, performing Funds Transfer Pricing (FTP) for the bank, and modelling the behavioural funding profile of the Bank. Role holder will own in life wholesale funding to include monthly investor reporting, rating agency reviews and Counterparty relationships. The Role Monitor and manage balance sheet characteristics to ensure liquidity and funding within risk appetite to include cashflow monitoring on a look forward basis. Engage and provide regular feedback to stakeholders in relation to funding requirements. Identify, monitor and manage balance sheet structure/ratios and lead balance sheet optimization activities across the Group. Work closely with the existing Head of ALM whilst they are seconded to ALM system implementation project for up to 12 months. Monitor internal and regulatory ratios to ensure compliance with internal policies and local regulatory requirements and proactively identify changes to balance sheet structure with a view to implement corrective actions. Keep abreast with changes in local and international markets, keep ALCO and management sufficiently informed and recommend optimal funding strategies Implement, follow up and monitor ALCO directives. Support the Group Treasurer in managing the bank’s FTP process and application, to include tracking. Monitor Balance Sheet triggers as well as compliance with the Groups Risk Taxonomy. Support the development of policies and procedures on matters pertaining to liquidity, funding & FTP. Drive risk and Profit and Loss (PnL) reporting process improvements and lead some strategic change efforts on Funding strategy and FTP projects.
Experience required: A bachelor’s degree in any business/finance-related discipline with a relevant post-graduate qualification in a relevant field is preferable e.g. qualified actuary or CFA. A professional qualification will be an added advantage e.g. ACI, Cert BALM Minimum of 7 years’ experience in a UK bank or Building Society Experience in Balance Sheet Management/Asset & Liability Management. Experience in Financial Control will be an added advantage. Detailed knowledge and experience of financial modelling with excellent knowledge of balance sheet management Good knowledge of Treasury/Hedging products and instruments Good interpersonal, analytical, and problem-solving skills with attention to detail Excellent financial analysis/interpretation skills Excellent Oral & Written communication skills. Well-organised and capable of handling multiple objectives and stakeholders
Negotiable
London Area, United Kingdom
Undetermined
Undetermined
Other
Not Specified
Share job:
Job Description: The Interim Head of Liquidity & Funding will oversee the Group's financial resources, focusing on liquidity and funding management, asset and liability management, and Funds Transfer Pricing (FTP). This role involves assessing cash flow, managing wholesale funding, and ensuring compliance with internal and regulatory requirements. The position requires collaboration with stakeholders and the existing Head of ALM during a system implementation project. The ideal candidate will have extensive experience in balance sheet management within a UK bank or building society.
Key Responsibilities:
- Manage liquidity and funding through effective asset and liability management.
- Assess cash flow and perform Funds Transfer Pricing (FTP) for the bank.
- Own wholesale funding activities, including investor reporting and counterparty relationships.
- Monitor and manage balance sheet characteristics to ensure compliance with risk appetite.
- Engage with stakeholders regarding funding requirements and balance sheet optimization.
- Monitor internal and regulatory ratios for compliance with policies and regulations.
- Keep management informed of market changes and recommend funding strategies.
- Support the Group Treasurer in managing the bank’s FTP process.
- Drive improvements in risk and Profit and Loss (PnL) reporting processes.
Skills Required:
- Bachelor’s degree in business/finance-related discipline; relevant post-graduate qualification preferred (e.g., actuary or CFA).
- Minimum of 7 years’ experience in a UK bank or building society.
- Experience in Balance Sheet Management/Asset & Liability Management.
- Detailed knowledge of financial modelling and balance sheet management.
- Good knowledge of Treasury/Hedging products and instruments.
- Strong interpersonal, analytical, and problem-solving skills.
- Excellent financial analysis and interpretation skills.
- Strong oral and written communication skills.
- Well-organized with the ability to manage multiple objectives and stakeholders.
Salary (Rate): undetermined
City: London Area
Country: United Kingdom
Working Arrangements: undetermined
IR35 Status: undetermined
Seniority Level: undetermined
Industry: Other
Reporting to the Group Treasurer, the Interim Head of Liquidity & Funding will be responsible for managing the financial resources of the Group through liquidity & Funding management, asset and liability management, FTP, and other core treasury activities. The role holder will also be responsible for assessing cashflow, performing Funds Transfer Pricing (FTP) for the bank, and modelling the behavioural funding profile of the Bank. Role holder will own in life wholesale funding to include monthly investor reporting, rating agency reviews and Counterparty relationships. The Role Monitor and manage balance sheet characteristics to ensure liquidity and funding within risk appetite to include cashflow monitoring on a look forward basis. Engage and provide regular feedback to stakeholders in relation to funding requirements. Identify, monitor and manage balance sheet structure/ratios and lead balance sheet optimization activities across the Group. Work closely with the existing Head of ALM whilst they are seconded to ALM system implementation project for up to 12 months. Monitor internal and regulatory ratios to ensure compliance with internal policies and local regulatory requirements and proactively identify changes to balance sheet structure with a view to implement corrective actions. Keep abreast with changes in local and international markets, keep ALCO and management sufficiently informed and recommend optimal funding strategies Implement, follow up and monitor ALCO directives. Support the Group Treasurer in managing the bank’s FTP process and application, to include tracking. Monitor Balance Sheet triggers as well as compliance with the Groups Risk Taxonomy. Support the development of policies and procedures on matters pertaining to liquidity, funding & FTP. Drive risk and Profit and Loss (PnL) reporting process improvements and lead some strategic change efforts on Funding strategy and FTP projects.
Experience required: A bachelor’s degree in any business/finance-related discipline with a relevant post-graduate qualification in a relevant field is preferable e.g. qualified actuary or CFA. A professional qualification will be an added advantage e.g. ACI, Cert BALM Minimum of 7 years’ experience in a UK bank or Building Society Experience in Balance Sheet Management/Asset & Liability Management. Experience in Financial Control will be an added advantage. Detailed knowledge and experience of financial modelling with excellent knowledge of balance sheet management Good knowledge of Treasury/Hedging products and instruments Good interpersonal, analytical, and problem-solving skills with attention to detail Excellent financial analysis/interpretation skills Excellent Oral & Written communication skills. Well-organised and capable of handling multiple objectives and stakeholders
Create a free account to view the take-home pay for this contract
Sign Up