Funds Transfer Pricing Manager London, England
Job description
Our people work differently depending on their jobs and needs. From hybrid working to flexible hours, we have plenty of options that help our people to thrive.
This role is based in the United Kingdom and as such all normal working days must be carried out in the United Kingdom.
Join us as a Funds Transfer Pricing Manager
- This role will see you setting our Funds Transfer Pricing (FTP) framework to ensure that funding and capital costs are appropriately allocated to franchises
- We’ll look to you to ensure that the FTP framework is used to incentivise business activity in line with our broader strategic objectives
- This role offers a great deal of variety and the opportunity to develop your skills
- We're offering this role at senior analyst or assistant vice president level
What you’ll do
As a Funds Transfer Pricing Manager, you’ll drive balance sheet optimisation through risk taking, evolving the FTP framework to incentivise the balance sheet structure and balancing long-term franchise considerations for the marginal impacts using scarce balance sheet resources.
You’ll maintain a systematic and well-controlled approach to the FTP policy and framework setting and implementation, and you’ll be responsible for providing periodic and ad hoc updates to our bank’s view of its available balance sheet resources.
In addition to this, you’ll:
- Design and maintain a robust FTP framework to make sure that interest rate, liquidity, funding, and capital risks are adequately recognised in business performance measures and product pricing
- Provide guidance to business stakeholders on FTP-related matters to optimise value for our business and legal entities
- Drive FTP input into budgeting and planning processes and analyse planned funding and business developments to identify any need to resteer the balance sheet shape
- Assess customer behaviours supported by data insights and potential vulnerabilities to enable the setting of the behavioural assumptions that underpin product tenor costing and rewards
- Provide ad hoc updates to our balance sheet costs and the consumption of balance sheet resources by franchises, including term liquidity premium, capital costs and equity scalars
The skills you’ll need
You’ll need an understanding of banking regulatory frameworks for capital or liquidity. A commercial mindset and experience of balance sheet management, capital, liquidity, funding, file transfer protocol or application lifecycle management would be advantageous.
Furthermore, you’ll need the ability to interpret and communicate this understanding to a range of stakeholders across various contexts. To do this, you’ll need good interpersonal and communication skills, with an understanding of how to work well across different teams and levels of seniority.
In addition, you’ll need:
- The ability to make significant contributions to projects and drive the direction of project outcomes
- Good technical skills, including knowledge of PowerPoint and Excel
- Excellent analytical skills with the ability to think strategically
- An understanding of how to handle change in a fast-paced environment
Other relevant information
In Balance Sheet Management (BSM), within the NatWest Treasury, we want to make sure that we have a diverse workforce with a range of different viewpoints, so that the delivery of our strategic objectives can benefit from these perspectives.
That’s why we welcome applications from backgrounds not traditionally associated with BSM disciplines, particularly noting the importance of commerciality in this role.
If you need any adjustments to support your application, such as information in alternative formats or special requirements to access our buildings, or if you’re eligible under the Disability Confident Scheme please contact us and we’ll do everything we can to help.
