Head of Treasury - Bank

Job Description

An well established international bank is seeking an experienced Head of Treasury to lead its UK Treasury function (2 reports). Reporting directly to the Chief Financial Officer and working closely with senior stakeholders across Finance, Risk and Executive Management, the successful candidate will take ownership of liquidity management, balance sheet strategy, funding, foreign exchange, interest rate risk and Treasury investment activities.

This is a broad and commercially focused leadership role offering significant exposure to Asset & Liability Committee (ALCO), strategic decision making and regulatory engagement. The position will play a key role in ensuring the Bank maintains a robust liquidity profile, optimises balance sheet performance and operates within its risk appetite framework.

Key Responsibilities

• Lead and develop the Bank's Treasury function, providing strategic direction across liquidity, funding, investment and balance sheet management.
• Partner with senior management to support the Bank's growth objectives through effective capital, liquidity and funding strategies.
• Maintain a forward-looking view of market conditions, funding opportunities and emerging risks.
• Provide Treasury expertise and recommendations to Executive Management and Board Committees where required.

• Oversee the Bank's Asset & Liability Management framework, ensuring effective management of structural balance sheet risks.
• Monitor asset and liability composition, maturity profiles and funding concentrations.
• Develop strategies to optimise balance sheet efficiency whilst maintaining appropriate liquidity and risk parameters.
• Support strategic planning through balance sheet modelling and scenario analysis.

• Maintain responsibility for the Bank's liquidity position, ensuring compliance with internal risk appetite and regulatory requirements.
• Oversee liquidity metrics including Liquidity Coverage Ratio (LCR), Net Stable Funding Ratio (NSFR) and associated stress testing frameworks.
• Lead the Internal Liquidity Adequacy Assessment Process (ILAAP) and contingency funding planning activities.
• Manage relationships with funding counter parties, correspondent banks and Group Treasury functions.
• Identify and implement funding solutions that support business growth and operational resilience.

• Manage the Bank's liquidity investment portfolio across money market instruments, fixed income securities and approved investment products.
• Assess investment opportunities and provide recommendations regarding portfolio allocation, duration and risk-adjusted return.
• Monitor market developments, credit quality and portfolio performance.
• Ensure all Treasury investments remain aligned with approved risk appetite and investment policies.

• Oversee the management of Interest Rate Risk in the Banking Book (IRRBB).
• Monitor repricing risk, earnings sensitivity and economic value exposures.
• Recommend and implement appropriate hedging strategies where required.
• Ensure foreign exchange exposures are managed within approved limits and Treasury policies.

• Act as a key contributor to the Asset & Liability Committee (ALCO).
• Prepare and present Treasury management information, analysis and recommendations covering liquidity, funding, investments, market risk and balance sheet performance.
• Provide strategic insight to support ALCO decision making.
• Ensure actions arising from ALCO are effectively implemented and monitored.

• Maintain compliance with applicable PRA, FCA and regulatory requirements relevant to Treasury activities.
• Support regulatory submissions and Treasury-related reporting obligations.
• Contribute Treasury expertise to ICAAP, ILAAP, Recovery & Resolution Planning and stress testing exercises.
• Monitor regulatory developments and assess potential impacts on Treasury strategy and operations.

• Build and maintain strong relationships with internal stakeholders across Finance, Risk, Operations and Business Divisions.
• Develop productive relationships with external counter parties including banks, brokers, custodians and market participants.
• Act as a trusted Treasury adviser to senior management.

• Lead, coach and develop Treasury team members.
• Foster a culture of accountability, continuous improvement and sound risk management.
• Ensure appropriate succession planning and knowledge sharing across the function.

Candidate Profile

The successful candidate is likely to demonstrate:

• Head of Treasury / Director Treasury experience
• Significant Treasury experience gained within a bank or regulated financial institution.
• Strong understanding of liquidity management, ALM, funding, IRRBB and Treasury investment activities.
• Experience operating within PRA and FCA regulated environments.
• Proven exposure to ALCO, senior management committees and Treasury…