Treasury Manager (Front Office)

We are looking for an experienced and proactive Treasury professional to join Monmouthshire Building Society as Treasury Manager (Front Office). This is a key role within our Treasury function, responsible for the effective day-to-day management of liquidity, funding, hedging and collateral, while supporting the delivery of the Society's wider strategic objectives.

Working closely with the Head of Treasury & ALM and senior stakeholders across the Society, you will play an important role in managing the Society's liquidity, heading interest rate risk, managing Treasury controls and developing the Treasury Analyst.

What will we offer you?

• 28 days' holiday, plus bank holidays PLUS a day off on your birthday to help you celebrate!
• Opportunity to purchase additional holidays.
• A commitment to your ongoing training and development including a rotational development programme.
• Up to 14 hours of paid Society leave to volunteer for a local community initiative.
• 'Dress for your Day' approach when in the office.
• Hybrid Working (2 days in the office).
• Various health and wellbeing benefits such as 24-hour Employee Assistance Programme, subsidised flu jabs and eye tests.
• Private healthcare (subject to selection & completion of medical disclosure form).
• Personal health cash plan and dental cover (subject to selection).
• Life Assurance - 4 times your basic salary life cover, along with critical illness cover.
• Generous Stakeholder Pension Scheme - where the Society contributes a massive 10% on top of your 3% contribution!

What will you be doing?

As Treasury Manager (Front Office), you will manage the operation of the Society's Treasury Front Office, overseeing daily liquidity and wholesale funding requirements, implementing hedging strategies, and maintaining strong relationships with market counterparties. You will provide insight on market and economic conditions, support pricing activity, and contribute to key governance forums such as ALCO. You will also deputise for the Head of Treasury & ALM when required and play a central role in developing Treasury systems, processes and capability.

Your key tasks and responsibilities will include:

• Managing day-to-day Treasury Front Office activity, including liquidity, wholesale funding, hedging and collateral management.
• Implementing the Treasury strategy in support of the Society's Strategic Plan.
• Monitoring market and economic conditions and preparing Treasury reporting for senior stakeholders and ALCO.
• Ensuring compliance with dealing mandates, counterparty limits and Treasury policies.
• Maintaining and enhancing Treasury systems and controls, including the Treasury Management System and market data platforms.
• Supporting pricing activity for new mortgage and savings products.
• Deputising for the Head of Treasury & ALM and supporting wider Treasury governance, policies and regulatory submissions.

What type of person will you need to be?

You will be a calm, organised and confident professional who is comfortable operating in a fast-paced, highly regulated environment. Strong stakeholder management will be key. You will need to communicate clearly and credibly with colleagues across Finance, Risk, the wider business and external counterparties. You will take ownership of your work, manage competing priorities effectively, and apply sound judgement when making decisions or escalating issues. A collaborative mindset, attention to detail and a continuous improvement approach will be essential, along with the confidence to challenge constructively and contribute positively to discussions at senior level.

Essential qualifications and experience:

• Educated to degree level (or equivalent experience) in Finance, Accounting or a related discipline.
• Experience working in a Treasury Front Office or financial services environment.
• Strong understanding of Treasury activities, financial markets and prudential risk.

Interview dates: w/c 02/03/2026

Additional information: We are committed to diversity and equal opportunity and as an inclusive employer, we encourage applications from all suitably qualified applicants irrespective of ethnicity, religion, age, physical or mental disability/long term health condition, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing) and any other protected characteristic. Just let us know if you need any reasonable adjustments made to our recruitment processes, we will try to accommodate them. We want everyone to be able to fulfil their potential which is why we provide a range of flexible working arrangements and family friendly policies. Our roles often generate a lot of interest and can close early so don’t miss out this opportunity to apply!

Personal data held by the Monmouthshire Building Society relating to employment applications will be used in accordance with GDPR regulations our Privacy Statement, which is available on our website. The Company Monmouthshire Building Society values the diversity that all sections of the community can bring to our Society, we welcome applications from everyone who shares our values. As a financial services organisation regulated by the PRA and FCA our staff must be honest, financially sound and maintain high levels of competence and capability in their role. Therefore our pre-employment checks include adverse credit checks and criminal records checks (DBS checks) at a basic disclosure level for the majority of roles but at the standard level for certain roles.