About the team: The Group Treasury is responsible for managing the Interest Rate, Basis and Liquidity Risk of the bank. This role will be an integral part of a small team charged with monitoring these risks and execution of financial instruments, within the market, to mitigate them. What you will be doing: The key purpose of this role is to provide analysis for the optimisation of Cash Management, Liquidity and Funding within the Treasury Front Office. Through ownership and development of reporting, deal execution, market insights and balance sheet analysis. Your responsibilities will includeAnalysing the banks liquidity and funding positions and advising on the wholesale and retail funding strategy to stay within limits and avoid liquidity surplusCommunicating insights and business intelligence to key stakeholders and committeesDeveloping excellent relationships with market counterparties to ensure good primary and secondary market access for securitisation purchasesLiaising with back office to ensure effective and efficient end to end executionProviding joint support in the execution of interest rate hedging analysis and transactions including dealing interest rate swapsStructuring of hedging strategies for debt and ABS issuanceAssisting in the management of the Treasury Liquidity Portfolio, providing analysis on counterparty exposures, performance updates, risk/return metric tracking and propose strategies for its optimisationContributing to the development of the Quantum treasury management system and Focus ALMProviding support and coaching to the Treasury Front Office Analysts Whats in it for you? We offer a base salary dependent on experience up to 75,000 and a competitive benefits package including:Discretionary annual bonus opportunity of up to 15%28 days annual leave plus bank holidaysContributory pension (8% employer 5% employee)Life Assurance (4x salary) plus Group Income ProtectionAccess to Private Medical Insurance and Medical Cash PlanAdditional benefits such as Hybrid working, Cycle Purchase scheme, Technology Purchase scheme, Season Ticket Loan, Holiday purchase / sell schemes, Employee Perk Portals, Payroll giving and Save as you Earn scheme Please use this link to see the fantastic benefits available at OSB: OSB Careers About us: At OSB Group, we understand how much our people bring to our organisation, which is why we try our best to give back too! Our Purpose is to help our customers, colleagues and communities prosper and we are on a transformation journey to become the bank of the future. Our commitment to professional development, flexible working, and employee well-being fosters a dynamic and supportive workplace. Do you have the skills?We are looking for talented individuals who have the experience and knowledge set out below:Essential experience:Working in a Treasury Front Office role preferably in a UK bankA clear understanding of Asset Liability Management (ALM) or Interest Rate Risk (IRR) in a Banking environmentProduction of meaningful MI for high level committeesTrade execution of IRS, ABS and SSA including asset swapsClear understanding of financial mathematics for instruments used in the management of the risks outlined aboveAdvanced practical knowledge of MS Excel is essentialBachelors degree in a business related or numerate subject, work experience to replicate this would be consideredQualifications such as Cert BALM or CFA would be advantageous Next steps: If this sounds like you, please apply now! For internal applications please visit the internal careers page to apply. Still on the fence? Hear from our team or explore our process: OSB Careers Shortlisted candidates will go through a personalised recruitment process, that is relevant and conversational - inclusive any individual reasonable support required. We want to bring out the best in you! Diversity, Equity & Inclusion Not sure if you meet the spec? Let us decide. Research tells us that those from marginalised groups feel like they need to meet 100% of the criteria to apply. Here at OSB, we are committed to inclusivity and understand the value different experiences and perspectives can bring, so please dont feel like you need to check every box to apply for a role internally. We champion diversity at all levels, with Board-level Diversity Champions tracking our progress. We are proud to be signed up to the Women in Finance Charter to actively support the growth and development of senior women in our sector and are dedicated to treating all our employees and job applicants equally, opposed to discrimination on any grounds.
Job Title
Senior Treasury Analyst - City of London