Head of Treasury, Retail Bank recruitment
Key responsibilities:
• Risk manage the Retail balance sheet to ensure resilience to economic and regulatory pressures and alignment to divisional strategic plans
• Control and regulate balance sheet risk, including structural interest rate, structural foreign exchange, operational and structural liquidity and funding exposures.
• Develop and implement ALM policies including measures and controls to ensure compliance with Group policy and FSA regulations
• Provide Treasury leadership and insight on Retail business strategy and results
• Pro-active management of the entity’s scarce capital and balance sheet resources
• To execute (with team) all hedging transactions within risk limits
• Establish and set the agenda for Retail ALCOs and be a key contributor/presenter to meetings
• Lead the Retail Treasury involvement in the formulation and maintenance of policy and guidelines for funds transfer pricing policies in Retail within the Group’s approved framework.
• Understand and implement methodologies and frameworks to ensure that interest rate and liquidity risks are adequately recognised in product reward mechanisms
• Contribute towards product design and assessment of retail product risks
• Recruit, train and develop Retail Balance Sheet Management team members
Experience
• Breadth of experience in capital, funding and liquidity management, interest rate risk and FX management
• Extensive banking, treasury and related regulatory experience gained from working within a large treasury function for at least 3 years
• Detailed knowledge of a wide range of Treasury products, their use from a hedging perspective, their risks and the effect of external factors on the prices of such instruments
• Proven communication skills at all levels.