Senior Manager, Treasury (Europe), London, Large Pension Fund
Reports To:
Head of Treasury (Functional – Global)
Head of Liquidity & Implementation, Europe (Line – London)
Direct Reports:
* Manager, Securities Finance
* Portfolio Manager, Cash Management
Position Purpose
This role leads the Treasury function’s activity in Europe, managing teams responsible for cash management, securities finance, balance sheet management, and counterparty capital management. It supports the delivery of global treasury capabilities and ensures alignment with group-wide strategy and governance frameworks.
Key Responsibilities
Leadership & Strategy
* Support the global build-out of Treasury capabilities, including funding and cash strategies.
* Provide UK-based leadership to the Treasury team; set objectives, monitor progress, and ensure high performance.
* Feed local regulatory and market insights into global strategy planning.
* Act as business owner for Treasury projects based in the UK, overseeing delivery and risk management.
* Promote an inclusive, values-aligned team culture with a focus on excellence and service.
* Participate in cross-functional projects and wider business leadership initiatives.
Stakeholder & Counterparty Management
* Build and maintain relationships with internal investment teams and external counterparties (e.g., banks, borrowers).
* Represent Treasury in external meetings and industry forums.
* Ensure the function supports Europe- and US-based investment teams.
Treasury Operations
* Lead European liquidity monitoring and Treasury action during periods of market stress.
* Coordinate Treasury advisory services for investment teams and portfolio companies.
* Support the development of a centralised funding capability for unlisted transactions.
* Develop and implement local governance procedures (e.g., internal pricing, approvals, partner onboarding).
* Ensure proper capture of funding activity in internal systems.
* Monitor and manage funding cost targets and budgets.
Governance & Compliance
* Ensure all activities align with internal policies, approvals, and delegated authorities.
* Stay abreast of relevant regulatory developments.
* Promote robust governance, risk management, and compliance processes.
* Foster a risk-aware culture across the team.
Required Experience & Skills
* 15+ years in Treasury or structured finance, preferably within banks or asset managers
* Deep understanding of capital, liquidity, and balance sheet requirements for institutional counterparties
* Experience working across global teams and delivering coordinated solutions
* Expertise in funding markets, structured finance, and credit risk
* Excellent stakeholder and counterparty relationship management
* Strong project leadership and delivery track record
* Degree qualified in Finance, Economics, Law, or a related field