Job Description

This role will ensure sound governance, oversight and execution of the financial and operational risks and controls including key operational, regulatory and compliance related controls within the Finance Department, as well as supporting operational areas that could impact financial integrity.

This highly visible position will work closely with the related business management, business risk, compliance and SOX teams to ensure transparency and understanding of financial reporting and operational issues, opportunities, and the environment both for now and as we experience change from internal factors, such as growth and new business lines, and external factors, such as new regulations and industry expectations.

Key Responsibilities

• Be an effective business partner to the Head of UK Treasury (and the UK Treasury Team).
• Be responsible, along with Treasury Management Team, for the development, implementation, monitoring and update of UK Treasury strategies, policies, processes and controls.
• Assist the UK Treasury management team with the preparation, validation and submission of any MI / Reporting to the relevant governance forum / stakeholders.
• Embedding Treasury Control: Managing the control environment and creating awareness across teams and levels with a view to manage exceptions and ensure compliance with our standards.
• Risk and Control Self Assessment (RCSA):
  • Preparation of test scripts and responsibility for testing the controls for EMEA Finance.
  • Maintain the Treasury RCSA with continuous updates to capture the changes to controls and underlying process maps.
• Highlight control breakdowns, inadequate processes, and unexpected events and implement corrective actions quickly to address process and control deficiencies.
• Facilitate timely remediation of control deficiencies and process improvements by working closely with the business to verify Risk Assessment- Assess, measure, and monitor the governance and risk profile, including determination of real vs perceived risk and inherent vs control risk.
• Keep UK Treasury control documentation updated to reflect the current operating environment and establish fit for purpose Treasury first line control testing plans to ensure UK Treasury meet their Regulatory obligations and operate in robustly controlled manner.
• Work with 2LOD and 3LOD to ensure the UK Treasury Risk Management Framework meets the expectations of stakeholders and is delivered withing SVB risk appetite.
• Where control breakdowns and/or process failings are identified facilitate resolution of deficiencies including root cause analysis and working with the UK Treasury Team and other (global) teams outside of UK Treasury where their process may impact UK Treasury activities.
• When required, design and lead any UK Treasury change management programme (in coordination with Change Management Function)

Required Knowledge, Skills, and Abilities

• Ability to analyze and assimilate large amounts of information in order to distil it into meaningful practical outputs;
• Ability to priorities and deliver a number of diverse activities across a number of areas;
• Excellent communication, drafting and interpersonal skills in order to present complex business issues with clarity
• Experience in creating strong partnerships with key stakeholders
• Good knowledge of key treasury products - FX, interest rates, fixed income securities, other funding products – and Treasury Management Systems.
• Understands risk management, risk appetite and has experience of facilitating and contributing to Risk and Control Self Assessments including documentation of key risks and design of controls (ideally in a Treasury function).
• Knowledge of key Markets regulation that impact Treasury function (i.e. MiFIDII/MAR/SFTR/CSDR/MAD/MAR)
• Knowledge of key Prudential regulation that impacts the Treasury function (nice to have)
• Displays behaviors in line with SVB standards of Conduct.
• Solid experience performing audit/controls work, which conforms to professional standards
• Professional certification such as ACCA, ACA , CPA, CIA, CISA