£60000 - £65000 per annum
6 months ago
Brewer Morris are currently recruiting an Assistant Treasury Manager role for a complex business. As an Assistant Manager, you will be responsible for:
- Executing the group strategy for liquidity to ensure sufficient cash when required, whilst minimising the cost to achieve.
- Managing the Group's financial risks arising from procurement, revenue and investment in businesses overseas, and also from its financing portfolio using derivatives.
- Invest surplus cash in a range of assets such as deposits and money market funds.
- Monitor and assist with managing the financial risk exposures of the Group (including re-financing, liquidity, interest rate, foreign exchange and inflation risk) and lead the execution of the Group's risk management strategy.
- Present analysis and recommendations for deals.
- Lead the project management of routine financing transactions by managing multiple stakeholders both internally and externally.
- Help develop and run our ESG financing and investment strategy.
- Discuss hedging solutions with our businesses, covering foreign exchange, and other market related exposures.
- Support the management of the relationships with the Group's banks, ensuring the Group has the appropriate levels of bank back-up facilities and managing, measuring and ensuring the right facilities are in place and rewarded appropriately. Ensure that the group manages liquidity and optimises its financing costs.
- Contribute to the Group business plan, liaising with Corporate Finance departments and provide relevant financial information to support the decision-making process for the regulatory finance and business development teams.
- Prepare reports to the Finance Committee of the Board and subsidiary Board papers on performance and transactions, ensuring accuracy and completeness of information on National Grid's Treasury performance.
The successful candidate will have:
- Keen interest in financial markets and the economy. Strong understanding of how macro-economic data will affect treasury transactions. Know how to adapt execution strategy and recommendations to changing circumstances, both external and internal.
- Experience in transacting loans, commercial paper, and investment products, including putting in place all the infrastructure before such instruments can be dealt.
- Some experience dealing in foreign exchange, foreign exchange derivatives and interest rate derivatives to hedge the financial risks of debt, procurement of goods, business cashflows and the group's balance sheet.
- Self-motivated, proactive.
- Excellent attention to detail in all aspects of the job.
- Strong financial mathematical modelling skills along with a thorough understanding and intuitive feel of the drivers of pricing for financial instruments.
Please note our advertisements use PQE/salary levels purely as a guide. However we are happy to consider applications from all candidates who are able to demonstrate the skills necessary to fulfil the role.