Senior Treasury Analyst

Job Description

Business Unit: Finance & Treasury Salary: £40,625 - £50,800 DOELocation: Flexible Contract Type: PermanentWere at our best when we have something to drive us forward, a belief that underlines who we are and what we do. Our Purpose. We want to make people happier about moneyand that idea starts with every single one of us here at Virgin Money. Feeling InsatiablyCurious about your next adventure You might have just found it.We have a fantastic opportunity available in our Treasury Debt Capital Markets team. This is a small but dedicated team who are responsible for raising and managing the Banks wholesale funding needs in both secured and unsecured formats. The Group can haveup to £15bn of wholesale debt outstanding debt at any one time and can issue up to £5bn of debt in any given financial year across a range of formats, tenors and currencies to meet the banks funding requirements and support asset growth and funding diversity.In this exciting role you will be responsible for the day-to-day operation of the Groups secured funding programmes, including cash management, investor and regulatory reporting and on-going pool data management, ensuring adherence to legal and regulatoryrequirements, supporting new issuance.This is a great opportunity for someone to join an interesting area of Treasury where you will learn and have the chance to develop your analytical skills to support and enhance the banks approach to our secured funding programmes in line with our purposeto ensure our external investors and relevant stakeholders are happier about money. Over time, you will have the opportunity to broaden your knowledge and get exposure to capital & unsecured issuance, credit ratings and debt investor relations.Day to day you will

• Day to day management of the Banks obligations in respect of its secured funding programmes (cash management, investor reporting, eligibility strategy)
• Supporting execution of new structured funding transactions.
• Manage internal impacts of secured funding programmes on the wider business in terms of process, change and regulatory requirements
• Adhering to and maintaining programme legal documentation
• Assist in the development of new funding platforms and asset disposal / risk transfer capabilities which support efficient balance sheet management and aid funding flexibility as required
• Support the Banks wider sustainability agenda by looking at green / sustainable funding platforms
• Working as part of a team whilst demonstrating the ability to work independently
• Interacting with internal and external stakeholders / market participants on technical secured funding issues including regulatory developments.
• Maintain the Groups collateral forecasting model to ensure optimal management of mortgage collateral for the Groups secured wholesale funding programmes and Bank of England (BoE) pre-positioned asset requirements.
• Explore and enhance technology solutions to provide best available data and efficiencies to achieve best in class reporting and information provision to investors
• Prepare monthly ALCO pack and Board papers (as required)

To be brilliant you must have...

• A minimum of 2-3 years experience of securitisation/secured funding operations

• Superb analytical, reporting and problem-solving abilities
• Advanced Microsoft Excel skills and experience using Visual Basic for Applications and Access
• Excellent attention to documentary detail
• Good communication skills and with a proactive team player mind set
• Previous experience of managing third party relationships and/or wider market participants
• An awareness of corporate principals and standards
• Self Starter with the ability to work to strict deadlines and balance priorities effectively

The icing on the cake would be...

• Knowledge of mortgage products and origination process
• Other programming (SQL/SAS) skills
• Educated to Degree level or equivalent with Accounting, Banking, Risk or Financial Services qualification, or relevant industry experience

We really need you to have the skills and experience listed in the To be brilliant you must have... section above, but the rest is just our wish list, so please dont let that put you off applying, wed love to hear from you!RED HOT Rewards

• 38.5 days annual leave for all colleagues (including bank holidays and pro rata if part-time)
• Five extra paid well-being days per year
• A 35 hour working week
• 20 weeks paid, gender neutral family leave (52 weeks in total) for expectant parents and those looking to adopt
• Market leading Pension
• Private Medical Insurance
• Flexible benefits including Cycle to Work, Wellness & Health Assessments and Critical Illness
• A digital-first colleague experience
• Ability to work anywhere in the UK (where the role allows)

And the great news is, all these benefits are available to colleagues from day one!Inclusion at Virgin MoneyInclusion is at the heart of everything we do here at Virgin Money. Its good for you, its good for us and its amazing for our customers. We know that great minds dont think alike, so we rely on your diverse thoughts, feelings, beliefs and backgroundsto be the best we can possibly be. Got any questions about this or need some support with your application Wed love to hear from you so get in touch with our careers team at .Now the legal bitLiving A Life More Virgin allows our colleagues to be based anywhere in the UK (if the role allows it) but we will need to you to confirm you have the Right to Work in the UK.If we offer you a job and you accept, there are some checks we need to complete before you can start with us. This will include a credit and criminal record check, as well as providing 3 years worth of satisfactory references.