Job Description
Treasury Manager
At Bank of London, we are redefining what it means to be a modern financial institution. As the banking, payments and clearing partner for ambitious businesses, we provide seamless, secure and innovative financial solutions that eliminate the friction of legacy banking systems.
Using cutting-edge technology, we deliver faster, more flexible financial services—enabling businesses to hold and move money effortlessly while staying focused on growth. We empower our clients with smarter solutions that fuel ambition, remove complexity, and ensure financial resilience.
Description:
This is a fantastic and genuinely unique opportunity for an aspiring Treasurer to gain exposure to a far broader range of treasury skills than most roles offer. As a small, PRA-regulated clearing bank with big plans, Bank of London gives you the chance to get involved in everything — from daily liquidity management and payment scheme operations to ILAAP and ICAAP production, ALCO governance, and balance sheet strategy. You won't be siloed into one narrow area; you'll be part of building a treasury function from the ground up.
We're looking for a motivated and detail-oriented Treasury Manager to support the day-to-day running of the Treasury function while helping to develop and strengthen it as the bank grows. You'll work closely with colleagues across Risk, Finance and Technology, and will play a hands-on role in keeping the bank's liquidity and funding position on track.
Job Requirements
Requirements:
Day-to-Day Treasury Operations
* Run the daily Treasury dashboard, monitoring and forecasting key metrics including liquidity, capital, cash positions, and Interest Rate Risk in the Banking Book (IRRBB).
* Monitor and manage the Bank’s liquidity and funding position in real-time, with a particular focus on intraday liquidity within payment systems such as Faster Payments, CHAPS, and Bacs.
* Actively manage interest rate, FX, and liquidity risks on a day-to-day basis, ensuring compliance with risk appetite, policy and regulatory requirements.
* Support collateral monitoring and management across relevant UK payment schemes.
Treasury Development & Governance
* Support first-line asset and liability management activity, helping to maintain strong controls and effective governance.
* Help develop and maintain treasury policies, procedures and controls for liquidity and cash management.
* Support the ALCO (Asset & Liability Committee) process, including helping prepare packs, managing agendas and tracking actions.
* Contribute to the annual production of the ILAAP and the ICAAP, coordinating inputs across teams and supporting internal governance reviews.
* Contribute to the production and maintenance of the Solvent Exit Execution Plan (SEEP) and Solvent Exit Analysis (SEA), working alongside Risk and Finance.
* Support the management of correspondent banking relationships and deposit aggregator programmes.
Skills & Experience
* Experience working in or closely alongside a Treasury function within a regulated bank.
* Good working knowledge of UK payment schemes including Faster Payments, CHAPS, and Bacs, including awareness of collateral and settlement mechanics.
* Some familiarity with FX and European payment systems such as SEPA Instant and TARGET2 (T2) would be beneficial.
* Awareness of regulatory liquidity requirements (PRA, EBA); any exposure to ILAAP, ICAAP or similar processes is a plus.
* Strong Excel skills; experience with dashboards or reporting tools like Power BI or Tableau is an advantage.
* Interest in AI or data-driven approaches to treasury analytics would be a bonus.
* Good attention to detail, well organised, and happy to roll up your sleeves.
* A clear communicator who enjoys working across teams.
* Comfortable in a smaller, fast-paced environment where you can make a real impact.
Qualifications
A degree in Finance, Accounting, Economics, Data Science, or a related discipline.
A professional qualification such as AMCT, ACT, ACA, ACCA, CIMA or CFA is preferred.
Work location
* Min 3 days per week in London office. Travel to other locations may be required on occasion.
Diversity;
Bank of London is an equal opportunity employer committed to inclusion, diversity and belonging. All qualified applicants are welcome and will receive consideration for employment without regard to race, colour, age, religion or religious expression, sex, sexual orientation, gender or gender identity and expression, transgender, national origin, or military veteran status.
Job Benefits
Benefits:
1. Hybrid: attendance of 3 days per week (working hours are 9am-6pm (core hours are 10am - 4pm).
2. Annual leave: 25 days per year plus bank holidays. Holiday year runs from 1 Jan - 31 Dec. allowance of 5 days rollover to be used by end of Q1 the following year.
3. Pension: salary sacrifice pension scheme with AVIVA. 9% minimum contribution (made up of 2% employee, 7% BoL). Employees can do incremental increases up to 20% of their salary. The company contribution is capped at 10%
4. Private Medical Insurance - full comprehensive cover with BUPA. The company pays for the employee's premium, and the employee pays the BIK element of that cost. You can add partners/dependants at a net monthly cost via payroll. This also gives access to 24/7 EAP, GP and online prescription service, along with 40% gym discounts on 2000+ gyms.
5. Life Assurance from Day 1, which has a payout of 4x salary.
6. Fruit, breakfast and snacks are a daily office offering
7. Dress Down Friday
8. New Benefits - We are also looking to enhance our benefit offering this year, which is currently in review with our Board. These include a new benefits platform, salary sacrifice benefits (cycle to work, electric car, holiday purchase, tax free tech, health cash plans) retail discounts and cash back.