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.