Treasury Manager

At Kroo Bank, we’re building a better bank from the ground up. One that puts customers first, treats money responsibly, and uses technology to make everyday banking simpler, fairer and more transparent. We’re a fully regulated UK bank, backed by long-term investors, with a growing customer base and big ambitions. We move fast, think carefully, and hold ourselves to high standards, whether that’s how we build products, manage risk, or look after our people.

As a Treasury Manager, your key responsibility will be to help build and manage Kroo Bank’s treasury balance sheet and liquidity portfolio through high quality execution, strong market awareness, and disciplined risk management. You will act as an execution focused treasury dealer and rounded Treasury generalist, supporting day to day trade activity across cash, bonds, and money markets, while helping to embed robust governance across liquidity, funding, and interest rate risk including IRRBB.

You will build trusted relationships with brokers and counter parties, understand the product suite of a UK challenger retail bank, and work closely with Finance, Risk, and Product teams to ensure treasury activity supports sustainable growth. Other responsibilities include:

• Monitor liquidity, funding, and market conditions to support the daily management of the Bank’s cash position and liquidity buffers in line with risk appetite and policy.
• Execute treasury trades across a range of instruments including RMBS, Covered bonds and money market products, ensuring best execution, accurate capture, and timely confirmation and settlement.
• Portfolio management for assets including high quality liquid assets, investment securities, and short dated instruments, including risk weighted asset calculations, consistent with the Bank’s liquidity strategy and regulatory expectations.
• Support the management and reporting of interest rate risk including IRRBB, contributing to analysis of behavioural assumptions, hedging quantification and execution and key metrics used for oversight.
• Assist with the build out and ongoing management of the treasury asset portfolio, including eligibility considerations, limit monitoring, and documentation to support governance and audit trails.
• Develop and maintain strong working relationships with brokers, trading counter parties, and relevant market infrastructure providers to support efficient execution and market access.
• Contribute to the ongoing development of treasury policies, procedures, and controls, ensuring that dealing, confirmations, reconciliations, and record keeping meet internal standards and regulatory expectations.
• Partner with Finance and Risk to support month end processes, valuation checks, P&L attribution where applicable, balance sheet substantiation, and management information reporting.
• Support liquidity risk management activities including monitoring of key liquidity metrics, early warning indicators, and stress testing inputs and outputs.
• Assist with the production of treasury and liquidity governance materials for internal committees, including clear commentary on drivers, risks, and actions.
• Support the management of wholesale funding and deposit related treasury activity where required, aligned to a challenger retail bank product set and customer proposition.
• Where applicable, contribute to regulatory submissions and supporting documentation, with ILAA, ILAAP, and related liquidity governance experience considered beneficial but not essential.
• Other duties as assigned to meet business needs.

• Proven treasury dealing and trade execution experience within a bank, building society, fintech, or regulated financial services firm.
• Hands on execution experience across money markets and fixed income including buying and selling bonds.
• Working knowledge of asset backed instruments and securitisation structures such as RMBS, ABS and Covered Bonds and how they behave across market conditions.
• Strong understanding of liquidity portfolio construction including HQLA principles, eligibility considerations, and haircut concepts.
• Experience monitoring and managing interest…