In this newly created role, the incoming Treasury Portfolio & Execution Manager will actively manage and optimise the bank’s treasury investment and derivative portfolio—including the identification, structuring, and dealing / execution of repo and reverse repo transactions, swap and FX transactions—to ensure liquidity, risk, and return objectives are met.

The role covers asset allocation, portfolio performance monitoring, and the development and execution of treasury strategies, with all activities conducted efficiently, collaboratively, and in compliance with the bank’s risk and regulatory framework.

Our incoming hire will work collaboratively with the ALM team to manage and optimise the bank’s cash position, ensuring that surplus liquidity is efficiently deployed to enhance returns while maintaining appropriate liquidity buffers and meeting all regulatory requirements. This includes jointly assessing daily and forward‑looking liquidity needs, identifying investable cash, and supporting the development of short‑term investment strategies aligned with the bank’s risk appetite and funding plan. This involves continuous market monitoring, maintaining strong relationships with external counterparties to secure competitive pricing, and ensuring all trades are executed efficiently and in line with best practices

Key Responsibilities

• Manage the day-to-day operation of the treasury investment portfolio, including covered bonds, SSAs, gilts, and other eligible assets
• Contribute collaboratively to the management of the Bank's RMBS investments
• Oversee and execute swap, FX and repo transactions to support portfolio strategy, risk management, and funding requirements.
• Develop and implement portfolio strategies for all asset classes, optimizing returns within defined risk and regulatory parameters.
• Identify short‑term investment opportunities across high‑quality liquid assets, money‑market instruments, and short‑dated securities to enhance cash yields within risk and regulatory parameters.
• Ensure cash‑management and investment decisions are aligned with the bank’s funding strategy, risk appetite, and broader balance‑sheet management objectives.
• Monitor and report on portfolio performance, risk metrics, and compliance with internal and external limits.
• Support liquidity management, including stress testing, scenario analysis, and regulatory reporting (e.g., LCR, NSFR).
• Lead or support projects to integrate new asset classes, systems, or processes into the treasury portfolio.
• Prepare and present regular portfolio updates and recommendations to ALCO and senior management.
• Ensure adherence to the bank’s risk management framework, policies, and procedures.

Required Skills & Experience

• Significant experience in treasury portfolio management, asset-liability management, or a related field within banking or financial services.
• Strong understanding of fixed income products, liquidity management, and regulatory frameworks (e.g., HQLA, LCR, NSFR).
• Experience in dealing/transacting in financial instruments including interest rate swaps, fixed income instruments, FX instruments and repos
• Highly numerate and analytical, with the ability to interpret complex data and reach actionable conclusions.
• Proficient in portfolio management systems and advanced Excel skills; Bloomberg experience desirable.
• Excellent communication and stakeholder management skills.
• Confident, self-motivated, and able to work independently and as part of a team.
• Relevant professional qualifications (e.g., ACT, CFA) are desirable.