Treasury
What we do
How we're structured
What we look for
Your career prospects
Where you’d work
Even the world’s biggest building society needs a banker. Our Treasury Division looks after our money by controlling our cashflow, raising and managing our capital and minimising risk – especially interest rate risk.
As part of this, Treasury works with Marketing to design and price attractive products for the retail network to sell. And it contributes to Group profits by setting up and managing discretionary investment portfolios.
People in Treasury work across the following teams.
- Significant Treasury experience – in funding, liquidity or derivatives for example
- Transferable skills – statistical, quantitative and analytical skills for example
- Impressive numerical and verbal skills – we ask everyone applying for a Treasury role to take numerical and verbal reasoning tests.
Beyond that, different areas of Treasury look for different skills and knowledge.
- Operations looks for people who are meticulous with detail and can cope with high volumes of work
- Middle office – which measures and monitors risk – looks for analytical and technical skills
- Front Office needs people who can spot opportunities to do a deal and create value, while working within a strict control framework.
We support professional development with a variety of training, including –
- external professional courses
- market seminars
- on-the-job learning
- support to study for relevant professional qualifications such as Chartered Financial Analyst (CFA) or the Association of Corporate Treasurers (ACT) where appropriate.
This is a small but high-profile and dynamic division. Treasury managers are in regular close contact with members of the Board and senior managers across the business, providing advice and helping to formulate policy.
Treasury is based in our Northampton Head Office.