This team sits within the Group Corporate Treasury division and is responsible for funding, issuing capital, debt instruments etc. another part of the role is also managing liquidity for the group, and a big focus on hedging (fixed rate mortgages, funding at variable rates etc) they do have another team that do the interest rates.
The team are responsible for managing hedge accounting, have several models they use, and they determine how they use that in the right hedge accounting way.
IBOR transition theme, in 2021 a lot of their products will transition to new bench mark rates, linked to bank of England. There will be a lot of changing of products over to the new benchmark rates which will have an impact on all currencies.
Another part is around trade compression, there has been a lot of activity and they have tried to run several trade compression exercises, algorithms that banks have signed up to.
Core duties of the role:
Will have a key part in when getting notified of trade compression, the candidate must understand the impact of this and put together a plan.
With a team of over 200 and growing every day, Goodman Masson is one of London’s specialist Finance and Technology recruitment businesses. Voted ‘Best Recruitment Company to Work For’ in 2018, our passion for what we do is clear.
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