Financial Planning and Treasury Senior Manager

About the role

Triodos Bank is one of Europe’s leading sustainable banks, whose mission is to make money work for positive social, environmental and cultural change. This is an exciting opportunity to join Triodos as our Financial Planning and Treasury Senior Manager. The role reports directly to the UK Chief Financial Officer (CFO) and is a multi-disciplinary role responsible for Business Partnering, Treasury and Asset & Liability Management (ALM).

Key responsibilities:

Financial planning

-Manage the planning, budgeting and forecasting process, including balance sheet, profitability, capital and liquidity, ensuring its efficiency and accuracy;

-Analyse and challenge business performance, identifying potential improvements, and KPIs to support change;

-Co-ordinate production of ICAAP, ILAAP, Recovery Plan, Resolution pack, Liquidity Contingency Plan and stress tests of capital and liquidity and ad hoc update of the stress test models outside of the annual ICAAP and ILAAP cycle

-Identify and track appropriate KPIs to monitor delivery of business goals, and communicate implications to Finance team, CFO and other CMT members as necessary;

-Support the CFO in developing mechanisms to articulate and monitor implementation of strategic plans.

-Liaise with and challenge business heads and team leaders on lending, deposit and other income generation activities;

-Expert input to calibration of the business lending pricing model

Treasury Front / Middle Office / Asset and Liability Management

-Prepare monthly reports for UK ALCO. Guide the meetings, take minutes and ensure actions are followed up;

-Responsible for the local Asset and Liability Management (ALM) Governance Framework and ensuring that all the ALM -policies are aligned with the ALM Governance Framework;

-Responsible for the maintenance of the Interest Rate Risk Models and Interest Rate Risk Reporting;

-Responsible for the maintenance of the Liquidity Risk Models and Liquidity Risk Reporting;

-Responsible for the design and maintenance of the Funding and Capital Models, Funding Reporting and the Capital Reporting;

Responsible for monitoring adherence to the local and Group Risk Appetite Statements (RAS).

-Make liquidity and investment reports and recommendations for daily actions and for longer term strategic approach to liquidity management;

-Assist with the improvement of treasury, interest rate risk, currency risk and liquidity management processes and information;

-Liaise with Group Risk and Group Treasury in aligning UK ALM with group requirements, regulatory requirements and best practice.

-Lead and co-ordinate production of ICAAP, ILAAP, Recovery Plan, Resolution pack, Liquidity Contingency Plan and stress tests of capital and liquidity and ad hoc update of the stress test models outside of the annual ICAAP and ILAAP cycle

-Deputise for CFO as Chair of ALCO and other key cover responsibilities in the CFO’s absence

Daily liquidity management

-Responsible for creating the local cash forecast;

-Responsible for monitoring daily liquidity, counterparty, investment and FX position. Ensure the efficiency of this process;

-Responsible for setting the monetary transactions reporting guidelines and templates;

-Responsible for determining the budgeted amount of liquidity growth;

-Responsible for deciding on monetary deposits and responsible for preparing monetary borrowing decisions;

-Responsible for facilitating the process of periodic review of counterparties for cash management and investment purposes, responsible for selecting new counterparties to do trades with and for monitoring limit breaches and general developments

Business and other projects

-Collate and co-ordinate responses to information requests from group and external parties, and for other presentations by senior management;

-Manage delivery of Business Projects within the Finance team

Triodos Bank is proud of its culture, ethos and ability to make a positive change in society. It is important that candidates evidence a strong commitment to Triodos Bank’s core values of ethical sustainability and transparency, as well as the personal qualities to live these values. The successful candidate will operate with the highest integrity; demonstrate a deep understanding of the mission of Triodos Bank and willingness to take responsibility for safeguarding, representing and contributing to the development of that mission.

Responsible for business partnering, the role requires the ability to manage stakeholders across several different teams in the UK and NL, and to develop and expand networks both internally and externally. You will also be able to work to tight deadlines and deal with pressure, have good organisational skills, and the ability to interact with all levels of the business with credibility and friendly professionalism. Excellent, clear and concise written and oral communication skills are essential.

It is essential to have an appropriate accounting qualification (ACA, ACCA or CIMA). Financial planning and treasury management experience is also essential, preferably in a financial service, regulated environment. An ability to develop financial models, to capture the balance sheet, profitability, capital and liquidity drivers of the bank and optimise these, is important. Advanced knowledge of Microsoft packages, especially Excel, or the proven aptitude to acquire such skills, is therefore also important.

In view of the relatively small Finance team size, the role requires the ability to operate at both an organisational/strategic level and to undertake as well as oversee some detailed process tasks. It also requires a commercial approach, and a hunger and aptitude to understand and challenge the bank’s business model.

What we offer

In return for your commitment and hard work, you will be rewarded with a competitive salary, plus a benefits package including:

-Non-contributory pension scheme from your first day of 8% in year 1 and 10% from year 2 onwards

-Life Assurance (worth 4 times basic pay)

-Income Protection - 75% of basic pay after 13 weeks sick and following six months service

-Private Medical Insurance

-A Health Cash Plan

-Vitality Leave – After each 7 years of service, you will be able to take a sabbatical of up 3 months

-25 days (FTE) plus bank holidays per annum with additional increase in holiday though length of service (up to 5 days FTE)

-A buy and sell holiday scheme of up to 5 days (FTE) to maximum of 30 days

-Season Ticket Loan available for commuting into the office

-A wellbeing allowance of £100 a year

-Voluntary benefits, including discounts and cycle to work scheme

This role is designated as a Certified Function within the Senior Managers and Certification Regime under the category “Significant Management” because the role as a direct report of a Senior Manager Function role in the UK has a high level of responsibility and autonomy of action within the authority delegated to it, which has the potential to cause “significant harm” to the firm or its customers.

Triodos embraces flexibility and diversity in the workplace and is proud to be a Living Wage Employer and a Disability Confident "Committed" employer. Should you wish to discuss flexibility in any way, please do let us in in your application.

Please note that if your application is successful that first stage interview will be held w/c 10th August.

Please note, Triodos Bank reserves the right to bring forward the closing date of any of its vacancies if we receive a suitable number of high-quality applications from which to make a shortlist. We recommend that you apply for one of our roles as soon as possible rather than wait until the published closing date.