23 Oct
Bupa
Central London
Job description
Job Description :
Treasury Manager Front Office
Hybrid working with up to 3 days per week working from home
Angel Court, London
Permanent
Attractive salary dependent upon experience
Fantastic benefits including 25% management bonus scheme, car allowance healthcare and generous pension
Full time 35 hours per week
Working in our Group function you’ll play a key part in helping our customer facing colleagues deliver exceptional standards of customer service and patient care not just in the UK but around the globe.
No matter your role, you’ll have an opportunity to do work that matters. Making a difference to the lives of our customers each and every day,
by helping shape the strategic direction of our business around the world.
With group revenues exceeding £15bn, cash & financial instruments of over c.£7bn the Treasury function has a very high level of exposure at both board level and with external analysts and regulators.
The Front Office team play a vital role in the function, covering FX and interest rate hedging, managing liquidity and short duration investments, and managing related financial risks.
This role exists primarily to oversee all aspects of dealing activity undertaken by Group Treasury.
You’ll help us make health happen by :
Being responsible for FX & interest rate dealing, liquidity management, market risk, performance management and regulation. Duties include :
Set and monitor appropriate systems, controls and processes within Front Office.
Ensure that PRA / FCA / EMIR and other regulatory requirements are complied with in dealing activity.
Responsible for keeping up to date with market movements which may impact Bupa’s market risks and positions.
Oversee all dealing and dealing projects within Group Treasury.
Manage short-term liquidity for several of the Group’s key business units in line with parameters set out in internal Investment Management Agreements.
Manage short term Group liquidity and produce weekly forecasts based on latest business information.
Ensure sufficient liquidity is available to meet margin call obligations where CSAs are in place with derivative counterparties.
Manage rollovers of the Group’s intercompany loans.
Drive business unit cash repatriations and funding requests
Review new cash and investment opportunities with banks, brokers and asset managers.
Manage the short duration elements of the insurance investment portfolios in Bupa Insurance Limited (UK),
Bupa Health Insurance (Australia) and other key insurance entities.
Keep up to date on relevant regulations including Solvency II, EMIR, MiFID II and anticipate implications for Front Office processes, controls and governance.
Maintain working knowledge of regulatory developments relating to financial markets, and provide regular updates on relevant regulatory changes to senior management and governance committees as required.
What you'll bring :
Educated to degree level (min 2 : 1) in a relevant subject e.g. mathematics, economics etc.
Professionally qualified in either ACA, CIMA / ACCA and / or AMCT / MCT. The successful candidate will be expected to complete the AMCT if not already completed / part qualified.
Strong technical knowledge and ability,
combined with an ability to find relevant information and solutions.
Excellent overall financial market experience.
Previous dealing experience.
Excellent understanding of financial instruments in the cash, fixed income and foreign exchange markets.
Benefits
Our benefits are designed to make health happen for our people. Viva is our global wellbeing programme and includes all aspects of our health from mental and physical, to financial, social and environmental wellbeing.
We support flexible working and have a range of family friendly benefits.
Joining Bupa in this role you will receive the following benefits and more :
- 25 days holiday, increasing through length of service, with option to buy or sell
- Bupa health insurance as a benefit in kind
- An enhanced pension plan and life insurance
- Annual performance-based bonus
- Onsite gyms or local discounts where no onsite gym available
- Various other benefits and online discounts
Why Bupa?
We’re a health insurer and provider. With no shareholders, our customers are our focus. Our people are all driven by the same purpose helping people live longer, healthier, happier lives and making a better world.
We make health happen by being brave, caring and responsible in everything we do.
▶️ Treasury Manager - Front Office
🖊️ Bupa
📍 Central London