About the job
At Kroo Bank, we are reinventing banking by creating a customer-centric institution that prioritizes responsible financial management and leverages technology to provide a seamless, equitable, and transparent banking experience. As a fully regulated UK bank with strong backing from long-term investors, we are committed to sustainable growth and innovation, all while maintaining high standards in product development, risk management, and employee welfare.
Your Role and Key Responsibilities:
In the position of Treasury Manager, you will play a pivotal role in constructing and managing Kroo Bank's treasury balance sheet and liquidity portfolio, ensuring high-quality execution, market insight, and disciplined risk management. You will operate as a treasury dealer focused on execution, while also taking on a comprehensive treasury generalist role that supports daily trading activities across cash, bonds, and money markets. You will be instrumental in embedding rigorous governance practices across liquidity, funding, and interest rate risk, including IRRBB. Building strong relationships with brokers and counterparties, you will gain a deep understanding of the UK challenger retail bank product suite and collaborate closely with Finance, Risk, and Product teams to ensure that treasury operations align with our growth objectives. Additional responsibilities include:
- Monitoring liquidity, funding, and market conditions to effectively manage the Bank's cash position and liquidity buffers in accordance with our risk appetite and policies.
- Executing treasury trades across various instruments including RMBS, Covered bonds, and money market products, ensuring optimal execution, accurate documentation, and timely settlements.
- Managing a portfolio of high-quality liquid assets, investment securities, and short-dated instruments, while performing risk-weighted asset calculations aligned with the Bank's liquidity strategy and regulatory requirements.
- Assisting in the management and reporting of interest rate risk, including IRRBB, and contributing to the analysis of behavioral assumptions, hedging quantification, execution, and oversight metrics.
- Supporting the development and ongoing management of the treasury asset portfolio, including eligibility assessments, limit monitoring, and documentation to ensure governance and audit trails.
- Fostering strong relationships with brokers, trading counterparties, and key market infrastructure providers to facilitate efficient execution and market access.
- Contributing to the evolution of treasury policies, procedures, and controls, ensuring compliance with internal standards and regulatory expectations in all dealings, confirmations, reconciliations, and record-keeping activities.
- Collaborating with Finance and Risk to assist with month-end processes, valuation checks, P&L attribution, balance sheet substantiation, and management information reporting.
