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Head of Treasury

Job details
Posting date: 24 January 2020
Hours: Full time
Closing date: 23 February 2020
Location: London, UK
Company: GKBK Ltd
Job type: Permanent
Job reference:

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Summary

Posting Date: 24 January 2020
Closing Date: 21 February 2020
Location: London


Vive is looking for a Head of Treasury to build and lead this function of our Finance team. Reporting into the CFO, this role is responsible for liquidity, investments and financial risk management related to Vive's activities. You'll need significant treasury experience as well as an interest in building the function up from scratch and developing new tools and processes.

Who are we?

Vive is a new kind of bank; one focused on building exceptional customer experiences. We simplify the world of personal finance, with fair products, transparency, and innovative technology at the heart of everything we do.

We’re launching with a simple range of products, designed around the needs of customers that high street banks have left behind. Our personal loans and fixed-rate savings accounts will provide greater choice, with eligibility up front, end-to-end digital management, and no hidden fees (ever).

We’re also committed to giving customers the tools they need to succeed in the long-term. There are probably enough current accounts out there, so we won’t be offering one. Instead, The Vive Money Manager app leverages the power of Open Banking, allowing users to view all of their existing accounts and products in one place, with personalised insights and a credit score tracker helping them to stay one step ahead.

Vive has received its UK banking licence, with restriction, from the Bank of England, and is aiming to launch in Spring 2020. Find out more at vive.co.uk.


What will you do?

• Manage relationships with banks, investment banks and other financial service providers
• Forecast cash flow positions, related borrowing needs and funds available for lending/investment
• Hedging when necessary to mitigate financial risks
• Monitor and manage HQLA
• Oversee the liquidity aspects of lending to customers
• Prepare and present ALCO packs
• Invest funds and manage long-term and short-term investment strategies
• Develop treasury reporting and cash flow forecasting tools as well as strategies, operations, policies and budgets relating to treasury activities
• Formulate and implement process improvements

We're looking for:

• 10 years+ Treasury experience, with strong knowledge of capital markets
• A qualified member of the ACT
• Experience in treasury/capital/liquidity management software
• Thorough understanding of hedging, investments, bank account management, liquidity reporting
• Advanced spreadsheet and modelling skills
• Excellent communication skills
• Excellent attention to detail and accuracy
• Ability to work collaboratively and build effective working relationships
• Creative and strategic thinker with innovative problem-solving skills
• Intellectual curiosity, ability to generate ideas and desire to develop new skills
• Experience in Financial Services or a startup environment
• Familiarity with retail and/or digital banking

We'll offer you:

• A competitive salary
• Vive's employee benefits package including 5% employer pension contribution, private medical insurance, health cash plan, death in service, critical illness and income protection cover, 25 days annual leave plus your birthday off and a cycle to work scheme
• A flexible approach to working
• The opportunity to make a real contribution and be part of the team that will build our organisation

This is an exciting period of rapid growth at Vive as we build our team, our brand and our products - join us on our journey.

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