Senior Manager - Treasury Front Office

BELONG. There’s no place like Principality

Our home is your home. So, when you decide to join the team, we’ll go further to bring you the warmest of welcomes. From a friendly and inviting environment to a flexible benefit package designed around you – when it comes to belonging, there really is no place like Principality. We keep it flexible wherever possible; we encourage you to look after yourself; we do our bit in the communities we serve and support you in doing the same, and we promise to get better together.

Some reasons you may want to consider working with us; we have an award-winning flexible/hybrid working policy, we’re a 2022 winner of UK Best Large Workplaces for Women, we have a newly refurbished hi-tech office in the centre of Cardiff designed around colleague feedback, we ranked number 6 for wellbeing in 2022,  we have an extensive financial and well-being benefits package ‘’Belong’’ designed to put our people first, we have consistent colleague engagement scores of over 85% and a caring community of supportive Networks. But that’s not all, discover why there’s really no place like Principality; Careers (principality.co.uk)

We are hiring a  Senior Manager – Treasury Front Office  that will form part of the key leadership in Balance Sheet Management function. The role will be responsible for all Treasury Front Office activity - implementing funding, hedging and investment strategies and contributing to their evolution as the organisation matures.

As our Senior Manager – Treasury Front Office  you will be  leading an experienced team through a period of change which supports strategic growth ambitions through increased use of market data and analytical decision making within a strong control environment.

Key Responsibilities:

• Develop investor relations materials and establish operating rhythm for marketing of debt issuances, expanding the investor base over time.
• Manage the execution of external funding and capital requirements of the Society.
• Oversee the execution of derivative deals and investment decisions, providing management support for the senior dealer as required.
• Manage external relationships with rating agencies and banks and monitor market and economic developments, ensuring they are translated into key business implications.
• Drive increased sophistication in risk and reward evaluation, ensuring both are quantified and articulated as you contribute to the development of strategies to add value and protect earnings.

What we are looking for:

• Subject matter expert on markets/economics
• The ability to lead economics forum, planning and stress testing scenario design
• Proactive management and hedging of the Society’s interest rate risk exposures in line with policy and risk appetite
• Maintain appropriate facilities to enable execution of the Society’s contingency funding strategy and ensure periodic testing is completed
• Impact-assess regulatory changes and ensure compliance to relevant regulation
• Maintain Investor Relations via regular results presentations and report publication
• Manage banking, legal and rating agency relationships

* Material risk taker (MRT) under Senior Manager regime. *

‘’We are passionate about creating an inclusive workplace where diversity is celebrated and where colleagues feel a sense of belonging’’ Daniel Priest, Inclusion Manager. But don’t just take our word for it, see what our colleagues say about working here too; Careers (principality.co.uk)