This role’s purpose is to oversee the management of liquidity and market risk, and all dealing activities in the cash, derivatives and fixed income markets and foreign exchange within defined parameters. A secondary purpose is to ensure compliance with all regulatory and internal limits (liquidity, capital, credit risk, interest rate risk).

Key Responsibilities and Accountabilities

• To provide stable and competitively-priced wholesale funding for the Bank in accordance with its needs and its regulatory requirements.
• Trade in Wholesale Money Markets, Foreign Exchange, Repo, Fixed Income and Derivative Products for the purposes of managing financial risk on NBKI’s balance sheet and generating profits within defined risk parameters.
• Ensure that all trading is conducted on a professional basis and in line with the Bank of England Money Markets code and the FX code.
• Manage and monitor Anti-Money Laundering risk associated with Treasury customers and adhere to KYC compliance.
• Manage the monthly ALCo. Ttheir includes setting the agenda, production of the MI pack, minutes, actions and taking the lead at committee.
• To provide quality service– to customers of the bank in all aspects of FX/money market activity.
• Provide robust reliable forecasting specifically in relation to liquidity and capital.
• Meet Treasury’s NII budget.
• Contribute to the bank’s ILAAP, ICCAP and Recovery Plan.
• Ensure that strong relationships are formed/maintained with funding providers, brokers and deposit aggregators.
• Work closely with Enterprise Risk in particular in relation to the management of interest rate risk.

Responsibilities as a Certified Person

As a Certified Person under the PRA and FCA’s Senior Management and Certification Regime, the job holder is required to:

• Remain fit and proper for the role at all times (such fitness and probity to be assessed by the Bank at least annually);
• Perform their duties with reasonable skill and diligence;
• Ensure that he keeps up to date with developments relevant to the role and to inform Human Resources of any training needs the job holder has;
• Abide by the Conduct Rules set out in the FCA Handbook;
• Report any breaches of the Conduct Rules (either by the jobholder or by staff reporting to them) to Compliance

Committee membership/involvement

Member of:

• Executive Management Committee
• Assets and Liabilities Committee
• Credit Risk Committee
• Operational Risk Committee
• Product Governance Committee

Regular attendee of:

• Credit Approval Committee
• Board Risk Committee

Delegated Authorities

The job holder can delegate such of their functions as he thinks fit to one or more of their direct reports, but retains overall responsibility for the work delegated.

Qualification & Experience

• Significant experience of dealing in money, FX, derivative, bond and repo markets.
• Experience of generating P&L through Treasury activity.
• Experience of all aspects of Asset and Liability Management.
• Experience of managing small teams with multiple objectives.
• Experience of working within a subsidiary/branch environment (preferred).
• Relevant professional qualification (preferred).
• Experience of strong cross departmental collaboration.
• Experience of operating at an executive level.

Essential Competencies

• Comprehensive knowledge of money, FX, derivative, bond and repo markets.
• Full understanding of all aspects of Asset and Liability management.
• Ability to manage/develop people effectively.
• Strong working knowledge of ILAAP, ICAAP.
• Strong leadership skills.

Skills

• Market analysis and decision making skills.
• Presentation and interpersonal skills.
• Communication and people management skills.
• Highly numerate with a good level of PC literacy and systems capability.

AML/KYC Responsibilities

• Adhering to NBKI’s Financial Crime Policies & Procedures;
• Responsibility for conducting KYC in accordance with NBKI’s customer due diligence procedures;
• Ensure periodic reviews are being conducted in accordance with the risk classification of the client;
• Address any material changes to the clients’ circumstances;
• To notify the MLRO for any potential suspicious activity;
• Complete training on a timely basis assigned by the Financial Crime Department;
• Assist and help the AML Middle Office with any transaction monitoring queries.