Job Description:

Job purpose

to assist with the optimisation of capital resources across the group by:
* managing the treasury processes for capital investment and repatriation
* managing the treasury process for intra-group guarantees, securities interests and negative pledges
* monitoring and reconciling the capital bank accounts
* supporting the delivery of the capital risk control framework (quarterly or bi annual attestations from clusters)
* managing the quarterly review and challenge of regulated and non regulated entities
* reviewing and recommending honi trades and instructing transaction management

main accountabilities

capital investment and repatriation

* establish and maintain information on each material (COMPANY NAME) subsidiary, focussing on future capital requirements and opportunities for repatriation
* manage the efficient processing of capital applications, from receipt to executive sign off ensuring customer expectations are met / managed and facilitate the allocation of appropriate internal team resources
* manage and develop the capital applications database, ensuring individual applications are correctly logged on to the database
* produce capital investment (solus deductions) and repatriation (dividends/share capital) forecasts, liaising where necessary with cluster finance teams, (COMPANY NAME) finance or legal entity finance executives
* reconcile treasury forecasts to actual receipts and cluster mtp reports, chasing up where required.
* process capital payments, in line with the approved application, informing the hedge of net investment process
* managing, reviewing and recommending honi trades, other ad hoc fx trades and currency deposits  to the head of capital management and instructing transaction management

intra-group and parental guarantees

* manage the efficient processing of intra-group / parental guarantees and letters of credit, advising clusters on the appropriate type of guarantee and templates to use and seeking (COMPANY NAME) legal approval to bespoke working.
* maintain a register of intra-group guarantees, seeking cluster confirmation of exposures for reporting of intra-group exposures and weighted risk assets
monitoring and reconciling capital bank accounts / confirmations / honi trades
* review and approve confirmations  of transactions from front office
* monitor and reconcile the movements over the treasury currency call accounts for expected capital movements, coupon payments and hedge cash flows.
* provide forward looking forecasts of the movements for the hedge of net investment process

capital risk control framework

* administer the collection of attestations from clusters confirming their implementation of the capital risk control framework
* ensure the (COMPANY NAME) treasury web site is always up to date with the up to date policies, processes, guidelines, application form and other supporting material.
* coordinate the regular refresh of policies relating to the standard gaining feedback and input from senior management.
* manage requests for policy exceptions and maintain appropriate records
* manage the regulated, non regulated, guarantees and security interest quarterly review process

technical skills/competencies

* first class organisational and planning skills.
* well developed communication skills - both written and oral
* highly numerate including ability to manipulate information in spreadsheets
* good customer management skills
* good pc skills including excel, word, powerpoint and user ability at access

knowledge and expertise

essential
* an in depth understanding of the capital risk control framework and its associated policies and procedures on capital applications, intra-group guarantees and indemnities, letters of comfort, the securitisation of group assets and the creation of security interests and negative pledges.
* a good knowledge of finance and treasury systems -  e.g. sold / charms /astro
* a good understanding of regulatory capital requirements as defined by fsa interim prudential sourcebook.
* a good understanding of regulatory capital requirements and their application to the group and solus capital base
* good understanding of treasury products (money market loans/ deposits, swaps, fx and debt capital markets).
* a sound understanding of the sap/rapid/sas system.

preferred
* a well developed understanding of all departments within group treasury, particularly hedging, transaction management and balance sheet management as well as a good awareness of clusters and the business structure.
* appreciation of the requirements of external organisations, e.g. fsa and rating agencies.

experience, qualifications and other requirements specific to the role

essential
* practical banking experience within the financial services sector.

preferred
* progression toward accounting or financial background (aca or act and acib)
* experience of regulatory capital within a bank or other financial institution

key issues over the next 12-24 months
* improve the forecasting of capital injections and repatriation, ensuring treasury finance and tax forecasts are aligned
* improving the register of intra-group guarantees and ensuring wras on parental guarantees are correctly recorded
* improving existing processes of monitoring regulated and non regulated entities with the clusters
additional details of exceptional aspects of the demands of the role 

(COMPANY NAME) behaviours: of particular importance to this role

* drive performance:
take individual accountability for achieving high performance
* delight customers:
make it your job to understand and exceed our chosen customers' expectations thereby creating value
* build pride & passion:
demonstrate high personal standards of integrity
* execute at speed:
don't be afraid to rock the boat - speak up challenge others decisions
* protect and enhance our reputation:
do not compromise controls and compliance

additional critical qualities:
* ability to work with a small team on a variety of projects, sometimes under pressure.
* ability to meet tight deadlines
* attention to detail and accuracy is vital for this role.
* ability to negotiate and influence at all levels

Candidate Requirements: