Job Title: Deputy Treasurer – Capital Markets & Funding Location: Hybrid working between our Head Office in Worthing and home. Infrequent travel to London will be required, as well as the opportunity to travel internationally on occasion. Contract Type: Permanent Hours: 37 hours per week, Monday - Friday Salary: Competitive salary commensurate with experience £400 monthly car allowance and up to 10% bonus Job Overview Southern Water is entering a pivotal phase in its financial transformation, with a renewed focus on strategic funding and capital markets activity to support our ambitious investment plans. We are seeking a commercially astute and technically accomplished Deputy Treasurer – Capital Markets and Funding, to play a critical role in shaping and executing our financing strategy. Reporting to the Corporate Finance Director, this is a high-impact role at the heart of our Treasury function. You will lead on all aspects of funding activity, including bond issuances, bank facility negotiations, and derivatives execution. You’ll also be a key point of contact for debt investors, banks, and rating agencies, ensuring Southern Water maintains strong market credibility and access to capital. This is a rare opportunity to join a business with a £7.8bn investment plan for 2025–30, where your expertise in capital markets will directly influence the future of water infrastructure in the South East. Responsibilities will include, but are not limited to Leading the negotiation, documentation, and execution of financing initiatives across bond, bank, and private placement markets. Managing relationships with banks, corporate advisors, rating agencies, and other financial stakeholders. Overseeing debt investor relations, including presentations, updates, and maintaining the investor website. Executing interest rate, inflation, and FX hedging strategies, and contributing to Group-level risk management. Supporting the Corporate Finance Director and deputising where required. Collaborating closely with the Deputy Treasurer – Corporate Finance to ensure knowledge sharing and alignment across Treasury. Preparing board and executive-level papers on funding strategy and performance. About You We’re looking for a seasoned Treasury professional with: Extensive experience in Treasury, with a strong track record in bond financing, capital markets activity, and derivatives. Proven expertise in bank facility negotiation and managing complex financial transactions. Strong understanding of structured finance, ideally within capital-intensive sectors such as utilities, infrastructure, or real estate. Gravitas and leadership capability, with the ability to influence senior stakeholders and external partners. MCT qualification would be advantageous. A collaborative mindset and the ability to thrive in a fast-paced, high-accountability environment. Package This role will be full time Monday to Friday with a hybrid approach to working between Worthing and home. We are offering a competitive salary dependent on skills and experience as well as other benefits including: • Company and performance-related bonus • Generous pension with up to 11% company contribution • Life assurance payment equal to four times your annual salary • Health benefits through a Cash Plan • Two paid community volunteering days a year • 25 days annual holiday • Occupational health service • Perkbox benefits offering discounts and savings on several products and experiences • Study support may be available for job-related qualifications • We offer competitive maternity, paternity and parental leave as well as flexible return to work options. Join Southern Water and see how far your career could progress with a company committed to career progression, training and development opportunities, our customers and the environment. Why Southern Water? Southern Water is at the forefront of transforming Britain’s water industry, investing significantly to enhance resilience, sustainability, and service excellence. With £7.8bn planned investment for 2025-30, this is an unparalleled opportunity to join a business committed to delivering a generational shift in the way water services are managed. You will be joining at a time of significant change, working alongside a highly skilled leadership team with a clear vision for the future. We offer an environment where senior professionals can make a meaningful impact, influence major strategic decisions, and drive long-term value creation. At Southern Water, diversity and inclusion are core values. We actively encourage applications from all backgrounds and are committed to fostering an environment where every individual is empowered to succeed. This is more than a role; it’s an opportunity to lead, innovate, and make a lasting impact. Apply now to be part of our transformational journey.