Our client is one of the largest housing associations in the uk with a portfolio of over 100,000 properties. They provide affordable homes for people who can’t meet their housing needs on the open market. They are a serious property developer, a charitable foundation and operate their own high quality repairs and maintenance service.

This is an exciting opportunity for a Head of Treasury to join their Treasury and Corporate Finance Team based in London.


Main purpose of the role

Working closely with the Director of Treasury & Corporate Finance, and deputising where necessary, the role holder will play a leading role in the treasury strategy of the Group and will closely support the DT&CF in the management of the Treasury department. This includes, but is not limited to, core funding, policy development, compliance & reporting, financial risk management, investor relations and key stakeholder management. The role holder will play a key strategic role in proactively driving and leading the implementation and management of circa £6 billion funding portfolio, including bank and debt capital markets funding, managing the associated financial risks and compliance, and managing the associated key stakeholders.

Key Accountabilities

  • Drive and lead the strategy development, implementation and management of c. £6 billion funding
    portfolio, including:
  • Proactive management of c. £3bn bank funding, £3bn EMTN programme and bond issuance in the
    debt capital markets;
  • Support the DT&CF to source new capital to fund the Group’s activities;
  • Delivering high quality reporting to support business decision making and ensuring ongoing
    compliance with borrowing facilities and agreements;
  • Collaborate with Development Finance to develop and recommend specific project funding
    structures that support new build-for-sale and other major project investments; and
    provide strategic advice and proposals to the Group on capital structure, corporate finance,
    funding and liquidity which is aligned to the overall Group strategy.
  • Working with the DT&CF, develop the Group credit rating strategy and relationships with the credit
    rating agencies.
  • Proactively lead, develop and execute the Group’s interest rate risk management strategy and
    manage the circa. £1bn derivative portfolio.
  • Proactively drive the investor relations strategy, including leading the day-to-day relationships with key
    stakeholders, including banks, bond investors and credit rating agencies.
  • Assume the main responsibility for treasury in relation to sustainability/ESG strategy and delivery.
  • Lead, guide, evaluate and develop the Treasury team, ensuring that risk is managed appropriately
    alongside cost within the Group’s overall strategy.
  • Undertake any ad-hoc projects and duties broadly consistent with the job description and role level.
    Ensure that the Group’s reputation in the global financial markets is maintained and developed.
  • A strong, capable and effective back-up for when the DT&CF is unavailable.
  • Leadership of the Senior Treasury Analyst: Compliance & Reporting.
  • Technical expert on all technical treasury matters and point of contact for internal stakeholder queries,
    maintaining an in-depth knowledge of the latest technical developments.


  • A qualified treasurer (minimum being AMCT qualified) with practical experience in a relevant role of at
    least 5 years and a strong record of accomplishment;
  • Broad experience in managing or assisting to manage, at a senior level, a complex treasury
  • Proven management of a large debt portfolio, including strong experience of corporate funding
    instruments and documentation, bank and bond investor relations, credit rating agencies and hedging
  • Proven proactive leadership of strategy development and implementation;
  • Proven track record of building and managing effective relationships with executives, formal
    governance committees and key stakeholders;
  • Excellent communication and influencing skills, attention to detail and the ability to deliver change as
    part of a wider senior management team;
  • Commercial acumen with proven negotiation, collaboration and interpersonal leadership skills; and
  • Proven leadership with effective problem and conflict resolution skills, with the ability to challenge
    directives that impact financial and operational performance of the Group

What you can expect from us

As well as joining a supportive, hardworking and performance driven team of diverse people, our client is dedicated to rewarding hard work and commitment and providing benefits that support you and your lifestyle. As standard they offer:

    • Competitive salaries that are benchmarked regularly against current market rates
    • Initial 25 Days annual leave (plus bank holiday), increasing to 30 days after 3 years’ service.
    • A flexible benefit scheme tailored to you, inclusive of dental insurance, restaurant card, cycle to work; we also give you 1% of your salary to spend on whichever approved benefit you like!
    • Matched pension contributions of up to 7.5%
    • Flexible and agile working for the majority of our employees.
    • Company Bonus Scheme
    • Eye care vouchers
    • Holiday trading scheme allowing you to buy and sell leave
    • Free counselling and legal advice scheme for you and your family
    • Interest free loans for season ticket and study leave
Apply for Role

To apply for this job email your details to craig@treasuryrecruitment.com.

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