Grow with UTB

This is a hybrid role working 3 days in the office (City of London location) and 2 days working from home.

Role Purpose:

United Trust Bank’s Asset & Liability Management (ALM) function acts as a first line of defence for Treasury and is responsible for monitoring and managing liquidity, funding & cashflow risks, IRRBB & FTP. Alongside the day-to-day management of ALM activities, there is a requirement to accommodate strategic changes and drive continuous improvement in all aspects of ALM. Given the number of key accountabilities, this is a significant hire for the Treasury team. The individual should be highly motivated with a strong focus on operational activities in relation to data management, reporting and the control framework.

Responsibilities:

• Contributing to and in time managing the Bank’s cashflow management and forecasting process
• Overseeing the management of daily liquidity requirements, to include the running, monitoring and reporting of key metrics
• Contributing to the weekly Liquidity committee and monthly ALCO process
• Contribute to the production of the Internal Liquidity Adequacy Assessment Process (ILAAP)
• Assist in the development and execution of the Bank’s funding strategy
• Assisting in the management of the Bank’s IRRBB exposure in line with policy
• Providing support and cover for the Treasury team
• Oversight of the Treasury System data management and report production
• The role will develop in line with the growth of the Bank and the Treasury function and will provide an opportunity to contribute to a growing and performing team

Skills and Experience sought:

Essential

• Qualified accounting, CFA or equivalent
• Experience and keen interest in areas of Bank operations and management with at least 3 years’ experience working within the financial services industry
• Be highly IT and numerically literate with excellent data manipulation and modelling skills, including advanced Excel skills
• Some knowledge and experience of key treasury concepts including liquidity, funding, capital and interest rate risk
• Have awareness of Banking related risks such as credit, operational, capital and legal

Desired

• Experience of working within a treasury team or with treasury systems
• Participation in the delivery of the ILAAP and Funding Plan
• Experience of utilising and developing an ALM system and ability to enhance underlying data
• Knowledge and understanding of interest rate markets or products

UTB is a dynamic and expanding specialist bank that provides solutions to our customers and brokers, which help them achieve their ambitions. Recognised as being one of the most dependable and well-respected Specialist Banks in the UK, we were delighted to see our balance sheet exceed the £2bn mark in 2022.

Exceptional customer service and the ability to provide rewarding deposits accounts and flexible lending solutions have helped us to develop productive and enduring relationships with our customers. We understand that their success is our success and that the quality of our people and teams, is key to delivering special outcomes for them.

We also understand that the performance of our people is directly linked to the culture in which they work. There is a strong sense of community at UTB and as well as promoting a clear set of internal values, and providing a wealth of facilities for training, personal development, and team building, we run a busy and varied calendar of engagement and social activity. Typical recent examples include: Pizza Lunch Days and Coffee Catch-ups; London Marathon and Sahara Challenge Sponsorships; Success Sharing and Value Awards; and Awesome Autumn social events ranging from Theatre Trips, Cocktail Mixology, and Cookery Classes, to Go-karting, Mini Golf and Clay pigeon shooting.

• competitive salary and discretionary bonus scheme
• matched pension contributions up to 7%
• 26 days annual leave plus two wellbeing days and opportunity to purchase additional holiday
• flexible and hybrid working
• private medical insurance via Vitality
• life, income protection and critical illness insurance
• enhanced family leave pay
• extensive learning and personal development opportunities
• electric car scheme and cycle to work scheme
• season ticket loan
• wellbeing support – discounted gym membership, employee assistance programme, 24/7 private GP access for staff and their immediate family (online), 1:1 key life stage coaching

Thank you for your interest in our current vacancy. Please click the link below to complete your online application.

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