Debt Capital Markets and Treasury Dealer in Warwick

National Gas is securing Britain’s energy. We are responsible for transporting gas to power stations, major industries, storage facilities, and more than half a million businesses and 24 million homes through nearly 5,000 miles of pipes across Britain. National Gas is also proud to lead the way in transforming the energy network for a clean energy future.

The Debt Capital Markets & Treasury Dealer sits in our specialist Treasury team within Finance and is responsible for supporting the National Gas Group’s funding, liquidity management, and financial risk management activities. The role combines debt capital markets execution, rating agency engagement, treasury dealing (investment and hedging), and regulatory reporting, ensuring alignment with financial policy, regulatory requirements, and credit rating objectives.

About the role:

• Debt Capital Markets (DCM): Support the execution of external financing transactions including bonds, private placements, loans, and other capital markets instruments. Manage day-to-day interactions with banks in relation to funding activities. Coordinate internal approvals, documentation, and execution processes for funding transactions.
• Rating Agency Engagement: Support ongoing engagement with credit rating agencies (e.g. Moody’s and Fitch). Prepare briefing materials, presentations, and supporting analysis for rating agency meetings. Monitor and maintain key liquidity and credit metrics models.
• Treasury Dealing (Investing & Hedging): Execute treasury transactions including both cash investments and short-term liquidity management, as well as FX, interest rate, and inflation hedging. Monitor compliance with treasury policies, counterparty limits, and risk appetite. Maintain accurate records of transactions and ensure timely settlement and confirmation. Support optimisation of liquidity usage, including management of RCF and other facilities. Own the front-end ownership of NGT’s Treasury Management System, ensuring accurate valuation and risk management reporting.
• Ofgem Regulatory Reporting: Prepare and support treasury-related regulatory reporting to NGT’s regulator, Ofgem, including submissions related to regulatory financial performance reporting. Ensure accuracy and consistency of data used in regulatory submissions and internal reporting. Support analysis of regulatory mechanisms (e.g. cost of debt allowances, debt and financial covenants).
• Governance and Controls: Ensure compliance with treasury policies, financial controls, and regulatory requirements. Contribute to continuous improvement of treasury processes, systems, and reporting.

About you:

You’re a Treasury specialist with experience in corporate treasury, debt capital markets, or banking including: Debt instruments and capital markets execution; Financial markets (interest rates, FX, inflation); Hedging strategies and derivative products. Strong analytical and financial modelling skills in MS Excel are required, as is high attention to detail, a strong control mindset, and excellent stakeholder management and communication skills. A background in regulated sectors such as Energy or Utilities would be most highly regarded to understand regulatory requirements and revenue collection.

What we can offer you:

• Competitive base salary dependant on experience
• Performance bonus up to 15%
• 36 days’ holiday (inc. statutory days) – and option to buy/sell 5 additional days
• Opt-In flexible benefit scheme, including salary sacrifice car, private healthcare, dental insurance, technology plans and more
• Financial protection with 10x salary death in service and financial support if you're unable to work due to long term illness
• Excellent family-friendly provisions
• Employee assistance programme offering free confidential professional counselling 24/7
• Financial support to cover the cost of relevant professional membership subscriptions
• Appreciate scheme and retail offers.

About us:

Gas provides the energy security to support renewable electricity generation, and we are developing our infrastructure to transport hydrogen and carbon dioxide across the country. We are Britain’s national gas network, providing secure energy to power the country, achieve net zero and maintain our industrial competitiveness.

At National Gas, we’re committed to building a workforce that reflects the communities that we serve. We celebrate the different experiences our colleagues bring and encourage applicants of all backgrounds to apply. To that end we want to support you during the interview process, please advise your recruitment partner if you require any reasonable adjustments.