Join our community.An exciting opportunity has arisen for a technically minded Senior Professional to join the Treasury Accounting department. If you have a keen interest in hedge accounting, ALM product control and/or the wider Treasury function of a bank and wish to develop these specialist skills further, then this role could be for you.The difference you'll make.
- Produce IAS 39 hedging documentation (including hedge effectiveness testing) necessary for applying hedge accounting within the Santander UK group, including the preparation and posting of hedging journals
- Performing necessary reconciliations and balance sheet substantiation ("AORP") for hedge accounting balances to ensure IAS 39 hedge accounting is complete and accurate, and in accordance with Group accounting and risk policies
- Providing hedge analysis and statutory note disclosures required by Group Finance
- Reporting daily attributed P/L for ALM business units and explaining the key drivers of income volatility
- Providing a full audit trail for all accounting and reconciliation processes, and ensuring that the control infrastructure around the reconciliation process is robust
- Supporting management in investigating and providing proper explanations for any issues or unusual items in hedged packages, when they arise, in an expedient manner.
- Ensuring the End-to-End Control framework is in place and operating effectively to ensure completeness, accuracy and valuation of trades
What you'll bring.
- A qualified or part qualified accountant or equivalent through experience or similar qualification
- Previous experience in Treasury Finance / Product Control / Risk Management or extensive audit experience of financial institutions / financial instruments
It would also be nice for you to have.
- Strong technical accounting knowledge of IAS 39, IFRS 7 and 9.
- Good financial instrument product knowledge especially interest rate / cross currency derivatives
- Excellent attention to detail, has a methodical approach
- Ability to work accurately under pressure, often to very tight timescales
- Self starter, ability to work independently while managing multiple and conflicting priorities
- Excellent MS Excel skills (vba preferable).
What else you need to know.This is a full-time fixed term 12-month maternity coverHow we'll reward you.As well as a salary, we offer a wide range of benefits that you can choose from and tailor to your needs. For part-time / contract roles, your salary, bonus (where eligible) and certain benefits will be prorated to reflect your working hours / contract duration.
- Eligible for a discretionary performance-related annual bonus
- Pension with generous contributions of up to 12.5% from Santander, depending on your own contribution and length of employment with us
- 30 days' holiday plus bank holidays, which increases to 31 days after 5yrs service, with the option to purchase up to 5 contractual days per year
- £6,000 car allowance per year
- Company funded individual private medical insurance
- Voluntary healthcare benefits at discounted rates such as private medical insurance for your family, dental insurance, healthcare cash plan and health assessments
- Benefits supporting you and your family, such as death-in-service benefit, income protection, and voluntary life assurance and critical illness cover
- Share in Santander's success by investing in our share plans
Learn more about our benefits and family friendly policies#ThePlaceToBeYourself - Everyday Inclusion at SantanderWe are committed to making sure all our colleagues feel they belong and are supported to succeed. Our customers come from a wide range of backgrounds, and so do our people, so we welcome applications from across society.You can find out more about how we're embedding an inclusive culture that encourages our people to bring their full and authentic selves to work on our Inclusion and Belonging page.A bit more about Santander At Santander we're driven by our purpose - to help people and businesses prosper. This means we help customers to create change for themselves and those around them, and we champion businesses to grow sustainably. We do this by always living our values of Simple, Personal and Fair. At Santander, we each take personal responsibility for managing risk by embracing the I AM Risk framework - to Identify, Assess, Manage and Report risks, and to continuously build a deeper understanding of the risks we face. It is an important part of our culture at Santander and we will provide you with knowledge to help you manage risks in your role.What to do next:-If this sounds like a role you're interested in, then please apply.
