Treasury Manager

Job Introduction

Handelsbanken is a relationship bank built on trust, long-term thinking and local decision-making. We provide bespoke banking and wealth management services to personal and corporate customers,

Our decentralised model means decisions are made close to the customer, in our branches. Our central Functions teams play a vital role in supporting the branch network, providing the expertise, governance and infrastructure that enable branches to serve customers effectively and sustainably.

This approach had underpinned our success for decades. Handelsbanken is independently recognised as one of Europe’s safest commercial banks, holds the strongest credit rating among its peers and is consistently ranked highly for customer satisfaction and relationship banking.

Our culture is values-led, shaped by trust, respect, and long-term thinking. We empower our people to use their expertise, make confident decisions and build long-term careers. We look for people who share our long- term vision, want to grow and want to make a meaningful impact in their local community and with the Bank

We also recognise that flexibility can support people to perform at their best, and that it looks different for everyone. While arrangements will depend on the requirements of the role and the needs of the business, we are open to having a conversation around what flexibility could look like for you.

Check our Handelsbanken website for further information

The opportunity 

Handelsbanken plc’s Finance department and is based in London are responsible for statutory accounting and reporting, regulatory reporting, technical accounting expertise, business and financial control, tax issues, capital and treasury.

Treasury in the UK consists of three teams; Treasury Analysis and Capital Management, Treasury Operations and the UK Desk of Group Treasury. Treasury is responsible for funding, liquidity, capital and market risk management, intraday liquidity management, trade support, settlement services and managing the Bank’s RTGS account at the Bank of England.

The Treasury Analysis and Capital Management team is responsible for the planning and analysis of financial risk at Handelsbanken plc, acting as the first line control function of Group Treasury, developing and managing the processes for capital and liquidity planning, capital management, as well as the production of the ICAAP (Internal Capital Adequacy Assessment process), ILAAP (Internal Liquidity Adequacy Assessment process) and Recovery and Resolution planning. 

The Treasury Manager role will support in any of the department responsibilities as required; these include:  

• Lead the end-to-end production, and/or support the delivery and development of documents owned by the Treasury team e.g. the ILAAP, ICAAP, Recovery Plan  and resolvability assessment;
• Ensure alignment of the ICAAP, ILAAP, Recovery and resolvability assessment documents with the Banks Risk Management Framework, business strategy and regulatory expectations. Coordinate alignment efforts with colleagues in Group functions in Sweden as required;
• Work closely with other colleagues across UKE to produce the Bank’s Capital and Funding Plan, ensuring sufficient controls and documentation and proposals for Treasury assumptions. Communicate findings to key stakeholders;
• Conduct scenario/sensitivity analysis and support stress testing such as providing inputs into the design and calibration of stress testing scenarios;
• Perform overall treasury monitoring including proposing and monitoring of relevant financial risk tolerance metrics, management limits, supporting indicators and management information under business as usual and stress;
• Developing and producing regular and ad hoc MI/analysis related to financial risk and capital as required;
• Support the review and challenge of relevant models and assumptions;
• Contribute to developing the Bank’s funds transfer pricing practices (including capital cover costs);
• Review and challenge Treasury related regulatory reporting; 
• Keep up to date with the latest regulatory developments and how they impact Treasury and complete a self assessment where required;
• Support the update and embedding of the Bank’s Treasury policies;
• Support responses to regulatory requests, as well as external disclosures and audits related to Treasury;
• Provide support to wider Treasury teams where required;
• Support the UK Treasurer and/or CFO with various ongoing/ad hoc projects including enhancing the management of the Bank’s liquidity, funding, capital and interest rate risk position;
• Operates in line with the Bank's Risk Management framework (including sub-frameworks) and relevant risk and compliance policies and procedures, ensuring appropriate and timely escalation of any concerns to their line manager.

What we’re looking for

Research (by Harvard University) shows that women are particularly likely to second guess themselves and not apply - so if you are worried you don't meet all the criteria, get in touch anyhow and let us do the worrying…

• Good understanding of UK Banking market, and how a Treasury function supports the business
• Knowledge of liquidity, funding, interest rate risk, capital and/or prudential regulation considered advantageous although training will be provided.
• Excellent verbal and written communication skills with the ability to analyse, articulate and present complex issues clearly and concisely
• Possess strong analytical skills and the ability to think in an abstract way and assess risk. 
• Professional standard of presentation skills and the ability to build strong professional relationships at all levels and represent Handelsbanken effectively 
• Advanced knowledge of MS Offices packages, including advanced Excel and database skills, with the ability to work with large volumes of data
• Be self-motivated, have the ability to work independently as well as in cooperation with others
• Attention to detail and be able to work in an organised yet flexible manner
• Ability to work well under pressure

Why join Handelsbanken

We want everyone at Handelsbanken to feel supported, motivated, and able to do great work. That’s why, alongside brilliant colleagues, meaningful work and training and development opportunities, we provide a variety of benefits designed with your wellbeing in mind. 

In addition, there is a flexible benefits package with the key highlights detailed below.

Application next steps 

Your journey with us begins once you have submitted your application. One of our Handelsbanken Talent Acquisition Partners will be reviewing your details and will later organise a phone conversation if your experience aligns with our requirements, we will extend an invitation for you to participate in an interview.  

This advert will be live for a minimum of two weeks. However, please note that after the two weeks, the closing date could change at any time depending on the number of responses received.

The Bank is deeply committed to embedding good equality and diversity practice into all of our activities. This is so that we are an inclusive, welcoming and inspiring place to work that encourages everyone to apply, regardless of socio-economic background, age, disability, pregnancy and/or parental status, race (including colour, nationality, and ethnic or national origin), veteran status, marital and civil partnership status, religion or belief, sex, gender reassignment or sexual orientation. 

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