Treasury Analyst - Liquidity & Deposits in London

About Allica Bank

Allica is the UK’s fastest growing company - and the fastest-growing financial technology (Fintech) firm ever. Our purpose is to help established SMEs, one of the last major underserved opportunities in Fintech. Established SMEs are the backbone of local communities - representing over a third of our economy - yet have been largely neglected both by traditional high street banks and modern fintech providers.

Department Description

The Treasury Department at Allica Bank is responsible for proactive management of financial risks which arise in the normal course of the Bank’s activity. These risks include Capital adequacy, Market risk, Liquidity risk, Funding risk, IRRBB & Counterparty risk. Additionally, Treasury manages the funding of the Balance Sheet, specifically the management of retail and business savings deposits, including oversight of deposit aggregator relationships. It plays a crucial role in strategic projects for the Bank such as origination of new business activity, composition of funding mix, Funds Transfer Pricing and the structure of investment portfolio of the Bank.

Role Description

This position offers an excellent opportunity to join the team responsible for developing and executing the Bank’s funding plan. Core to the role is the analysis and understanding of achieving the optimisation of funding and subsequently the ownership of delivering the funding plan.

Principle Accountabilities

• Ensure the Treasury function contributes effectively to the Bank’s overall performance while maintaining full compliance with best practice standards, regulatory requirements, and statutory obligations.

Deposit Markets

• Understanding of retail and business deposit markets.
• Monitor market rates and funding requirements and propose price and product changes.
• Form and have a view on future rates of all savings products in the market.
• Identify opportunities to optimise funding structure and pricing.
• Maintain relationships with deposit aggregators.
• Manage all aspects of governance covering deposits, including compliance with aggregators and internal product reviews.

Data Modelling and Management

• Determine an optimal funding strategy for the Bank.
• Perform analysis of performance to plan.
• Perform behavioural analysis for the deposit book.
• Prepare and present fortnightly funding updates to key stakeholders.
• Prepare and present monthly funding updates to ALCO.

ILAAP

• Assist in the preparation and production of analysis of the Bank’s deposit book.
• Assist in the running and write up of stress testing.

Treasury Documents, Policies and Procedures

• Responsibility for the maintenance of all Treasury documentation relating to funding and deposits.

Treasury Systems

• Contribute to the development of a modern, digitally focused Treasury function.
• Develop, enhance and maintain the Bank’s Funding Optimisation tool within ERMAS.
• Undertake the preparation of daily reporting within the ALM system as well as maintenance of products within the system.

Personal Attributes & Experience

• Understanding of deposit markets.
• Strong data, analytical and problem‑solving background.
• Strong attention to detail and willingness to take a hands‑on approach to BAU activities.
• Takes ownership of tasks, prioritises effectively, and proactively supports the team by stepping in when needed, demonstrating strong emotional intelligence and initiative.
• Ability to work collaboratively in a team environment.
• Markets experience gained within a regulated firm, preferably a retail deposit‑taking and corporate lending institution.
• Prepared to challenge but to do so in a constructive manner.
• A proactive, “can‑do” attitude with flexibility and problem‑solving skills.
• Committed, hardworking and focused upon delivering results.
• Clear and confident communication skills.

Working at Allica Bank

At Allica Bank we want to ensure our employees have the right tools and environment in which to succeed in their role and in support of our customers. Our employees are at the heart of everything we do, so our benefits are designed with you in mind:

• Full onboarding support and continued development opportunities
• Options for flexible working
• Regular social activities
• Pension contributions
• Discretionary bonus scheme
• Private health cover
• Life assurance
• Family friendly policies including enhanced maternity & paternity leave

Don’t tick every box? Don’t worry if you don’t have all the skills or requirements listed on the job description. If you think you’ll be a good fit, we’d still love to hear from you!

Flexible working

We know the ‘9-to-5’ isn’t right for everyone. That’s why Allica Bank is fully committed to flexible and hybrid working. Please let us know what is best for you and, if we can, we will do our best to accommodate.

Diversity

We’re a diverse bunch here at Allica, with all kinds of experiences, backgrounds, and lifestyles. Our openness and differences make us stronger, and we want everybody to feel comfortable bringing as much of themselves to work with them as they like.