At a Glance
- Tasks: Lead Treasury strategy and drive business development initiatives across all Treasury desks.
- Company: BACB is a UK bank specializing in trade finance and investment in Africa and the Middle East.
- Benefits: Enjoy hybrid working with 3 days onsite and 2 from home, plus a permanent contract.
- Why this job: Join a dynamic team shaping Treasury strategies while making a real impact in global markets.
- Qualifications: Senior management experience in Bank Treasury with strong analytical and communication skills required.
- Other info: Experience in Middle East and African markets is a plus.
The predicted salary is between 72000 - 100000 £ per year.
About Us
BACB is aUKbank that offers trade finance and investment expertise to clients in specialist markets, especially Africa and the Middle East
We have been helping businesses with trade finance and complementary products for over half a century, focusing on trade flows to and from Africa and the Middle East as well as real estate in the UK.
Our in-depth knowledge of the countries and practices where our clients operate ensures that we put them first.
Additional Info
- Hybrid Working: 3 days onsite, 2 from home
- Location: City of London
- Contract Type: Permanent
The Role
The Treasury Business Development Manager will support the Treasurer in all areas of business management across all Treasury desks and products, helping to drive business development initiatives, product enhancement, new client and counterparty acquisition, and new product approvals.
The Business Development Manager plays a key role in formulation and delivery of the Treasury strategy, aligned with overall Bank strategy. The role will be closely aligned with broader bank-wide commercial activities. This role has a dual reporting line into the Treasurer and GTB Business Development Director. The role is a certified SMCR function
Role Responsibilities
Specific Business Management
- Work with the Treasurer and across desks to set and execute Treasury Strategy.
- Work closely with the GTB Business Development Director and Commercial teams on holistic sales and relationship management strategies across BACB business offering.
- Coordinate activities across Treasury desks, Treasury Operations, Risk and other support functions.
- Develop Treasury relationships to understand customer needs and develop new or amended products.
- Drive all change initiatives for Treasury. Lead on New Product Approval, Business Requirements for system enhancements (e.g. STP, new functionalities or interface, automation of reports, liquidity & risk metrics, cash flow, etc.), build and optimise tools for risk control & measurement purposes. Lead Treasury related tasks in Bank-wide projects.
- Support the design and execution of a detailed annual business plan that is in line with the overall strategic goals of the Bank.
- Develop and oversee key management information on behalf of the Treasurer, including preparation of reports and summary documentation.
- Assist Treasurer with Balance sheet management (BSM) and Trading support, including MI, KPI, EWI, KRI, RCSA, E2E map, budget planning & tracking, trading procedures
- Ensure that BSM and Trading activities in Treasury are conducted in adherence with the Bank’s policies & procedures
Funding and Liquidity
- Manage BACB’s adherence to all regulatory liquidity requirements and internal risk metrics, as appropriate.
- Manage the effectiveness and efficiency of the BACB balance sheet.
- Own BACB’s funding and liquidity planning to support the strategic plan, including contingency funding measures.
- Contribute to the preparation of the ILAAP.
- Contribute to the credit application process to ensure relevant Treasury products and transaction types are included.
Revenue
- Assist in managing the Treasury budget with a focus on both revenues and costs.
- Document and track trading strategies across designated products.
- Support the management of BACB Investment portfolios.
- Coordinate the design and implementation of BACB hedging strategy.
- Support BSM in managing interest rate risk in the banking book (IRRBB).
Governance & Control
- Ensure the relevant frameworks, policies and controls are updated regularly to reflect changes in business and regulatory requirements.
- Support Treasury trading within the defined risk appetite for Market, Funding, Liquidity and Credit Risks with focus on first line controls but in trading processes and associated systems.
Experience Required
- Senior management experience in a Bank Treasury, focused on Markets and Execution.
- Strong communication at all levels of stakeholders, decision-making, analytical and problem-solving skills.
- Strategic thinker and ability to work across various business line and stakeholders
- Clear understanding and knowledge of: – UK focussed liquidity and capital regulations (Basel III, LCR and NFSR). – Money Market, Fixed Income, Foreign Exchange, and Treasury products. – The Sterling Monetary Framework, the UK Money Market Code, the FX Global Code, the NIPS Code, and relevant Conduct of Business Sourcebooks (COBS).
- Excellent understanding on Treasury’s risk management and regulatory requirements.
- Experience across Middle East and African Markets desirable.
Treasury Development Manager employer: BACB plc
Contact Detail:
BACB plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Treasury Development Manager
✨Tip Number 1
Familiarize yourself with the specific liquidity and capital regulations relevant to the UK, such as Basel III and LCR. This knowledge will not only help you in interviews but also demonstrate your commitment to understanding the regulatory environment BACB operates in.
✨Tip Number 2
Network with professionals in the banking and treasury sectors, especially those with experience in African and Middle Eastern markets. Engaging with industry experts can provide insights into current trends and challenges, making you a more informed candidate.
✨Tip Number 3
Stay updated on the latest developments in Treasury products and market practices. Being knowledgeable about Money Market, Fixed Income, and Foreign Exchange products will give you an edge in discussions during the interview process.
✨Tip Number 4
Prepare to discuss your strategic thinking and problem-solving skills with concrete examples from your past experiences. Highlighting how you've successfully managed projects or initiatives in a Treasury context will resonate well with the hiring team.
We think you need these skills to ace Treasury Development Manager
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of the Treasury Development Manager. Highlight your relevant experience in business management, product enhancement, and client acquisition in your application.
Tailor Your CV: Customize your CV to reflect your senior management experience in Bank Treasury, focusing on Markets and Execution. Emphasize your strategic thinking and communication skills, as well as your knowledge of UK liquidity and capital regulations.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of BACB's mission and how your background aligns with their needs. Mention specific experiences that demonstrate your ability to drive business development initiatives and manage Treasury operations.
Highlight Relevant Skills: In your application, be sure to highlight your analytical and problem-solving skills, as well as your familiarity with Treasury products and risk management. This will show that you are well-equipped to handle the challenges of the role.
How to prepare for a job interview at BACB plc
✨Understand the Treasury Landscape
Make sure you have a solid grasp of UK liquidity and capital regulations, especially Basel III, LCR, and NFSR. Familiarize yourself with the specific Treasury products like Money Market, Fixed Income, and Foreign Exchange, as these will likely come up during your interview.
✨Showcase Your Strategic Thinking
Prepare to discuss how you've previously contributed to business development initiatives or strategic planning in a Treasury context. Highlight any experience you have in formulating and executing strategies that align with broader organizational goals.
✨Demonstrate Strong Communication Skills
Since this role involves working closely with various stakeholders, be ready to provide examples of how you've effectively communicated complex information to different audiences. This could include presenting reports or leading discussions on risk management and trading strategies.
✨Highlight Your Experience in Diverse Markets
If you have experience in Middle Eastern and African markets, make sure to emphasize this during your interview. Discuss how your understanding of these regions can benefit BACB's operations and client relationships.