Treasury Specialist, Liquidity, PRA, 6 months London

England, London
Excellent Daily Rates
11 Jan 2017
08 Feb 2017
Martin Boulton
Financial, Risk
Contract Type
Full Time
Treasury Specialist, Liquidity, PRA, 6 months London

Tier One Investment Bank is looking to appoint an Experienced Treasury focused Professional to work on a regulatory submission to the PRA on a 6 month contract in London

Overview of business area or project:

We are seeking a candidate to assist with the development and successful delivery of the liquidity components of our Solvent Wind Down (SWD) submission to the PRA. SWD is a key aspect of our broader resolution and recovery planning strategy, and is a key regulatory deliverable for Q3 2017.

SWD analysis requires firms to analyze how they would close certain UK operating entities following a hypothetical stress event such as a large regulatory fine. Specifically, the SWD analysis requires firms to quantify the liquidity impact of unwinding the entities balance sheet and existing trading positions. The purpose of the analysis is to allow the PRA to quantify if firms have sufficient liquidity resources to remain solvent throughout the unwind period.

Key Responsibilities

The role requires a thorough understanding of investment banking products and the liquidity impacts associated with these products. Specifically the role requirements are:

  • Reviewing regulatory guidance relating to the liquidity and funding relevant aspects of SWD, and developing plans to satisfy these requirements.
  • Partnering with business heads to analyze their proposed unwind strategies, to understand impact on liquidity and the asset-liability management of their trading positions.
  • Working with internal regulatory reporting teams to ensure the impact of the SWD on key liquidity metrics is quantified.
  • Ownership of the quantitative analysis required to model the liquidity impact on the entities subject to SWD through time
  • Liaising closely with the other members of the SWD project team who will be involved covering aspects such as the capital, balance sheet and cost impacts of SWD.
  • Producing a high quality SWD report for submission to the PRA, detailing the analytical approach adopted and summarizing the conclusion of the analysis.

Challenges Contractor will be facing in this role:

The candidate will be required to have a good understanding of investment banking and products and be able to understand key liquidity concepts applicable in a solvent wind down in a short time frame. This is a complex project and the candidate will need to provide solutions to issues that arise as part of this project. They need to have the maturity to deal with a number of senior stakeholders and be good at communicating both verbally and through written language.

Essentials Skills:

  • Very strong funding and liquidity experience, preferably from working within a Treasury function or equivalent at a major investment bank
  • Extremely strong product knowledge, including derivatives / derivative funding & FVA, secured funding transactions, structured note issuances and prime brokerage activity
  • Experience/understanding of funding asset-liability modelling, particularly at a trading desk or portfolio level
  • Good knowledge of key regulatory liquidity metrics including the Basel III LCR and PRA EMR/ILG
  • Project management experience of similar regulatory deliverables
  • Ability to work independently without need for regular supervision

  • Qualifications:

  • Degree level education at a premier institution (at least 2:1 or equivalent).
  • Professional Accounting qualification, MBA, Association of Corporate Treasurers (ACT) or equivalent desirable.
  • Investment Banking or equivalent industry experience.
  • Experience in a Treasury department across Capital, Liquidity and FX.
  • Good knowledge of Basel III Liquidity and Capital Principles as well as local PRA regulations.
  • Good understanding of Investment Banking financial products and markets.
  • Excellent interpersonal skills including interaction with Senior Management.
  • Strong analytical and communication skills, written and spoken.
  • Able to work well in a time pressured and results orientated environment.
  • Above average proficiency in Microsoft Office applications.

  • Desired Skills and Qualifications:

  • Positive can-do attitude with proven project experience and working to tight deadlines in a team
  • A methodical approach to work with strong attention to detail.

  • If you wish to apply for the above position, please call me on 01782 558067 or email on martin.boulton @

    Please be advised if you haven't heard from us within 24 hours then unfortunately your application has not been successful on this occasion, we may however keep your details on file for any suitable future vacancies and contact you accordingly. Adecco is an employment consultancy and operates as an equal opportunities employer.