Treasury Front Office Dealer

Vida Bank provides competitive savings products through Vida Savings and specialist mortgage solutions through Vida Homeloans. Our mortgage business supports Buy to Let (BTL) and residential borrowers (ROO) who are underserved elsewhere. Our savings proposition is delivered online via our website, focused on fair, transparent and competitive rates. Our typical customers are active savers who look beyond their current account provider for savings accounts. Our core purpose is to Help More People Find a Place to call Home. We work with intermediary partners, combining technology with skilled underwriting to solve complex customer problems. As a fully regulated UK bank with ambitious growth aspirations, we emphasise our culture strategy and embedding the right behaviours. We are recognised as a Best Companies Top 100 mid-sized company to work for in the UK, championing diversity and inclusion through our EDI commitments. With offices in London, Newcastle and Skipton, we collaborate and empower colleagues to work flexibly across locations. We are committed to a diverse and collaborative environment where you will be empowered to take responsibility for delivering outcomes.

The postholder will report to the Deputy Treasurer and be responsible for executing daily dealing activities across money markets, investments, and funding to support Vida’s liquidity, risk management, and financial performance. The role ensures efficient cash management, optimal deployment of surplus liquidity, and accurate execution of the interest rate strategy in line with Treasury policies and market conditions and in adherence to risk limits.

• Dealing & Execution – Execute transactions in authorised Treasury instruments within approved limits; ensure best execution practices and adherence to approved risk limits, policy and mandates.
• Liquidity & Cash Management – Monitor daily cash positions and liquidity requirements and propose actions to optimise short-term cash; ensure adequate liquidity buffers are maintained in line with policy and regulatory requirements; support management of intraday cash positions and collateral.
• Portfolio & Investment Management – Assist with managing the investment portfolio (e.g., Gilts, T‑Bills, MMFs, other High‑Quality Liquid Assets); perform trade analytics, performance checks, and risk-return assessments; maintain accurate records of trades and positions.
• Interest Rate Risk Support – Work with Balance Sheet Management to understand structural balance sheet risks; monitor Vida’s balance sheet and market positions to understand interest rate risks; provide internal pricing to other commercial functions within Vida; execute transactions to hedge or optimise interest rate risk.
• Market & Risk Monitoring – Monitor market conditions, interest rate movements, economic indicators, and credit developments; identify risks and emerging issues in markets or counterparty exposures; operate within market, credit, and operational risk limits; escalate breaches immediately.
• Reporting & Controls – Prepare Front Office dealing reports, P&L summaries, and dashboards; ensure timely and accurate trade capture in Treasury systems; support end-of-day processes; adhere to segregation of duties and strong governance standards.
• Stakeholder Engagement – Liaise with banks, brokers, and dealing counterparties to maintain strong market relationships; work with Balance Sheet Management, Treasury Operations, Secured Funding, Risk, Commercial and Finance; present market intelligence and dealing insights to senior stakeholders.

• Experience in a Treasury Front Office, Corporate Treasury, or Banking environment.
• Strong understanding of money markets, interest rate products, and liquidity management.
• Proficiency with Treasury Management Systems and market data platforms (e.g. Bloomberg, Quantum).
• Analytical mindset with strong numerical ability.
• Ability to work accurately in a fast-paced, time-critical environment.
• Commercial awareness in mortgage and savings products.
• Strong communication and relationship-building skills.
• Strong stakeholder-management skills.

Our values are well established and recognised throughout our organisation. They provide a frame of reference for the behaviours expected from our colleagues every day.

• Visionary – We innovate and break old habits, thinking big and pushing boundaries together as one team.
• Inclusive – We value each other’s differences and work to see people for who they really are.
• Dynamic – We are flexible and fast, cutting through complexity and never accepting second best.
• Authentic – We are honest and genuine; what you see is what you get.

We offer a comprehensive benefits package to support our employees’ professional and personal needs. Further details can be provided upon application.