Central London / West End
Competitive + Discretionary Bonus & Benefits
Reporting to the Funding and Liquidity Director, the Manager will lead the Balance Sheet Management team and take responsibility for the strategic analysis and review of the funding and liquidity activity undertaken by Close Brothers Limited. This role will be responsible for the first line assessment of funding and liquidity risk and will drive the evaluation, planning and policy of Close Brothers Limited’s management of funding and liquidity. This role will provide exposure to teams across Treasury, Finance and Risk and will inform key strategic decisions on funding and liquidity activity.
Support the Funding and Liquidity Director and the Group Treasurer with analysis of strategic scenarios and recommendations.
Evaluate the current and predicted liquidity and cash flow positions of the Bank, including internal and regulatory appetites and metrics and take necessary action to ensure that these align with requirements as part of the management team
Support the Funding and Liquidity Director in the preparation of medium to long term funding composition strategy
Maintain and provide lead analysis for the Bank’s ILAAP
Balance sheet forecasting, following risk appetites and loan book projections.
Provide support to Treasury Markets in relation to liquidity implications and calculations
Input into budget and P+L process
Develop strategy for the composition and size of liquidity held.
Review and propose funding and liquidity metrics based upon analysis of customer deposit and other funding behaviours.
Follow all relevant changes or impacts to Money Markets, Capital Markets, derivatives and regulation
Lead any coordination with Treasury Finance, Treasury Operations, Treasury Markets, Regulatory Reporting and Group ALM Risk in communicating funding and liquidity strategy
Recruit, train and employ high calibre employees within budget, headcount levels and temporary resource requirements
Coach, mentor, and develop staff, including overseeing new employee onboarding and providing career development planning and opportunities
Provide oversight and direction to employees in accordance with the firm's policies, procedures, standards and SLAs
Hold regular one-to-ones with direct reports ensuring that feedback is provided in a constructive way whilst working with the employee to facilitate personal development
Ensure that an effective performance review is operated in line with department guidelines, including setting objectives, personal development planning and performance standards with all direct reports
Working with the HR Business Partner, develop a culture of performance management, improvement and appraisal as a foundation for excellent organisational performance
Manage all departmental HR issues including monitoring absenteeism, and managing any capability and disciplinary issues
Ensure that team members complete online training when required and are kept abreast of any internal communications
Own and manage the daily liquidity requirements and forward projections
Manage and validate accuracy of all daily and weekly MI reporting to internal stakeholders.
Prepare papers and provide commentary for Treasury ExCo, ALCo, TRCC, Group Board Pack, Group Treasury and Banking Relationships Forum and Funding and Liquidity Meeting.
Assess the extent to which the balance sheet position impacts on the financial performance of Treasury / the Bank in various scenarios.
Review and report the weekly liquidity stress testing scenarios, (excluding LCR).
Review liquidity portfolio, including regulatory ratios, the balance sheet and eligible collateral for the BoE OMO.
Lead analysis of customer classifications and assess current application of regulatory definitions
Conduct, Risk and Compliance
Ensure that all Governance and Compliance requirements are adhered to and all reporting and reviewing activities required by the Regulatory Bodies are carried out to the standards required.
Own and update policy and procedures, including Funding and Liquidity policy and Liquidity Contingency Plan, in-line with the Risk Framework and Risk Appetites, whilst ensuring Group and Bank policies are applied
Alongside the ILAAP, responsible for Treasury’s input into the RRP and supporting documents
Identify emerging funding and liquidity issues and maintain early warning management processes
Understand the risks and challenges associated with funding and liquidity, including the required aspects for regulatory rules
Behave at all times in line with Treasury ‘Vision and Values’.