Head of Treasury & Structured Finance - Milton Keynes
About The Role
SALARY: From £81,758 - £100,000 pa dependent on experience
LOCATION: Milton Keynes
HYBRID WORKING: Our current hybrid working policy requires a minimum of 20% of working time to be based in the Milton Keynes office however flexibility is expected to meet the needs of the business and the role and we would expect this to be more than the minimum for this role
HOURS / CONTRACT TYPE: Full Time permanent
CLOSING DATE: 21/11/2025 We reserve the right to close the advert earlier If we receive a high volume of applications.
We’re looking for a Head of Treasury & Structured Finance to own and lead the development and implementation of the Company’s funding, liquidity risk and interest rate risk management strategies to be aligned to the risk appetite of our organisation.
You'll have a broad variety of commercial, management and technical influence across the organisation, along with extensive interaction externally with both existing and potential investors, banks, rating agencies, lawyers, auditors and regulators to identify new sources of funding and maintain existing relationships.
You will have a key focus on researching, understanding and devising solutions for how new technologies in IT, Banking and Legal can be applied and integrated within our organisation and new product designs to ensure we have efficient funding so the Company’s asset base can be achieved.
The role has distinct areas of responsibility, this is what you’ll be doing:
Leadership
* You'll Develop and execute the strategic direction for the Treasury & Structured Finance function including: funding requirements, customer deposit structure, ABS deal launches, liquidity and interest rate risk management.
* Effectively lead the Treasury & Structured Finance teams providing coaching, direction and focus, resulting in a proactive high performing culture, provide appropriate levels of oversight.
* Be a key decision maker and advisor to the Director Treasury & Direct Banking on relevant projects / courses of action while understanding the impacts of the decisions being made across the business and, manage the functions operating and project budgets.
* Represent the business and work closely with external investors, regulators, auditors, lawyers, rating agencies to investigate new propositions and ensure best business outcomes.
* Provide input, technical oversight and act as a consultant, advisor and trouble shooter to the business for liquidity, cost of money, hedging and structured finance related issues that may arise
Treasury & Risk Management
1. You'll be accountable for ensuring sufficient funds are available to meet the operational, investment and refinancing requirements of the UK entities in the short-, medium- and long-term planning scenarios.
2. Lead discussions in the Markets, Capital and Liquidity Risk Committee (MCLRC) that informs the CFO of the overall funding landscape, while highlighting key risks and mitigating actions including the provision of relevant information, commercial and market commentary for the monthly meetings of the Enterprise Risk Committee and HQ escalations.
3. Establish workable contingency plans that can be activated during times of liquidity stress and ensure interest rate and liquidity stress scenarios are appropriate for the market with implications being understood and developed into management strategies and policies.
4. Accountable for interest rate risk management by interpreting and working within the interest rate risk framework, actively reviewing and manging the Asset Liability Mismatch (ALM) and hedging / swap requirements for the Company to ensure compliance with defined limits and targets.
5. Work closely with Headquarters(HQ) to identify, analyse and advise on the impacts of new / diverse funding opportunities, focusing on liquidity availability, interest rate risk and hedging requirements and the P&L cost of money implications.
6. Responsibility to understand the existing regulatory environment and its requirements under FCA & PRA supervision, ensuring the company always remains compliant. Additionally, to respond promptly to any changes in regulatory requirements and implement necessary measures to address them accordingly
7. Be responsible for implementing the Treasury aspects of the Retail Savings