Deputy Treasurer

Type: Permanent
Location: England - Midlands
Industry: Financial Services - Banking
Specialism: Treasury
Salary: £70,000 – 85,000 plus Benefits
Date Posted: 07/10/2026
Consultant: Jack Woodlock

We are working with one of the UK’s award winning Building Societies to help them make a senior Treasury hire to fill a newly created role that will be the succession plan for the current Treasurer. On a technical level the role will be involved in the management of capital, liquidity and interest rate risks, through leading detailed stress testing, managing model risk within the Society. Hybrid working is available with a minimum of 2/3 days a week needed to be in their head office

Role Description

Act as primary dealer for the Treasury team, transacting interest rate swaps with relevant counterparties to manage IRRBB
Explore and contribute to methods for utilising any excess liquidity for investment and to manage IRRBB
Promote and represent the Treasury and Financial Planning team, fostering a proactive spirit of change and continuous improvement
Prepare the ILAAP, ICAAP & Recovery Plan documents for the Society, liaising with the various relevant areas of the business to ensure a high quality document is produced
Assist the Head of Treasury & Financial Planning where required working on improvements to the model estate for Financial Planning and Treasury
Lead on customer behavioural analysis for IRRBB, liquidity and capital purposes
Ensure accurate reporting of treasury risks through working with the reporting team and updating models where required
Prepare papers for ALCO and other committees where required on Treasury matters
Update the Society’s risk appetite and policy documents relating to treasury risks on at least an annual basis, presenting to ALCO and Board for approval
Drive implementation of the framework for model risk, ensuring it is of a sufficiently high standard

Role Requirements

Experience of working in the Treasurer department of a Bank or BSoc is essential
Significant stakeholder management experience
Working knowledge of the product offerings and balance sheet of a Building Society
Achieved a relevant accounting or treasury qualification
A bachelor’s degree in a relevant subject
Demonstrable IT skills with advanced working knowledge of MS Excel

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