Hello, we’re Zempler Bank, formerly Cashplus Bank. We’re here to make money simpler. We know that banking isn’t at the top of most people’s to do lists, that’s why making it less of a chore is at the top of ours. We don’t do banking the traditional way – the wrong way. We do banking that works for the people that need it, when they need it. We’re for the crafters, the grafters, and the self starters

We are a “Top 100 Best Companies” employer & Top 25 Financial Services businesses to work for in the UK. Our mission statement, which underpins everything we do, is to provide the UK’s underserved businesses with easy to access and simple to use banking services that helps them succeed.

The Role

We’re on the hunt for a Senior Asset & Liability Manager who’s not just capable but bold, proactive, and ready to take full ownership of our Treasury strategy and balance sheet risk management.

This isn’t just another role. It’s standalone, high-impact, and central to our financial resilience. You’ll have the freedom to make decisions that matter, influence senior leadership, and see the results of your work in real time.

You’ll be joining a collaborative and purpose driven environment where your expertise will be valued, your voice heard, and your impact felt. If you’re someone who thrives on autonomy, enjoys rolling up your sleeves, and is confident engaging with senior leadership.

Hybrid Working

We are very proud to offer one of the most flexible hybrid working arrangements in the industry! The expectation for this role, will involve a minimum of one day each month - working out of our London Bridge office.

Key Accountabilities

• Asset & Liability Management
  • Oversight and management of all Treasury investments, day-to-day cash management, cash flow forecasting and all electronic banking systems including interactions with the Bank of England and liquidity buffers
  • Monitoring and execution of liquid asset programmes in accordance with Treasury policies and risk limits
  • Prepare key analysis and insight for the annual review of the ILAAP, including forecasts and liquidity stress tests.
  • Identify key assumptions, model their implications and examine how they change under sensitivity analysis.
  • Oversight of cash related activities including the security and control of payments
• Interest Rate Risk in the Banking Book (IRRBB) Management
  • Closely monitor and model the bank’s exposure to IRRBB, both current and projected.
  • Assist the CFO and Treasurer with IRRBB management and developing and implementing effective hedging strategies.
  • Prepare key analysis and insight for the IRRBB Pillar 2A assessment in the ICAAP.
  • Regularly review key assumptions for IRRBB and the impact on Treasury Strategy.
  • Develop proposals for Treasury investments and execute trades in line with governance and approval processes
• Strategic planning and stakeholder management
  • Provide Treasury forecasting and sensitivities to support firm-wide strategic planning and assessment of new products
  • Assist with the annual production of the ICAAP, ILAAP and Recovery Plan documents
  • Develop ideas for improving Treasury practices and policies, including new ways of working, new investment categories and possibilities for a new Treasury ALM system
  • Help manage external bank relationships
  • Help to raise the profile of Treasury within Zempler.
• Governance and Reporting
  • Act as secretariat for the Asset and Liability Management Committee (ALCO) and be responsible for co-ordinating and circulating the monthly ALCO packs
  • Oversee the production of the daily Treasury Management System (TMS) report and the provision of broader monthly Treasury-related data.
  • Run daily and month end reporting
  • Drive the further development of liquidity metrics and the automation of TMS daily reports
  • Be a recognised subject matter expert on technical aspects of Treasury operations and identify and communicate the potential impact of any relevant regulatory consultations
• Team Leadership and Development
  • Manage one Treasury Assistant (Future Hire), providing support, mentoring, and guidance in their development and training.
  • Engage with professional development courses and Webinars
  • Participate in company-wide and industry-wide networking events, conferences and workshops.

You’ll Need to Have

• Experience in working in a banking environment
• Experience with providing analytical insights to optimise business performance
• Familiarity with capital and liquidity concepts and regulations
• Knowledge of UK banking regulations, including the UK CRR and Basel III.
• Experience in managing audits and Treasury review processes.
• Experience working with senior stakeholders and cross-functional teams.

Skills

• Strong analytical and problem-solving skills with a deep understanding of Treasury operations.
• A strong interest in automation
• Excellent communication skills, both written and verbal, with the ability to explain complex Treasury-related issues to non-technical stakeholders.
• Strong leadership and team management skills, with the ability to motivate and develop a small team.
• Expertise in using Excel and other Treasury reporting tools.
• Excellent attention to detail and the ability to meet deadlines under pressure.
• Additional certifications or memberships in professional organizations (e.g. ACT/CIMA/ACA/ACCA/CFA).
• Understanding of asset-liability management (ALM) practices, particularly the IRRBB framework
• Experience in contributing to ILAAP and ICAAP processes, providing key inputs related to liquidity risk, stress testing and interest rate risk management.
• Coding experience with SQL or Python
• Easy-going nature and able to communicate with different departments.

Benefits

• Competitive basic salary
• Additional benefit allowance representing 7.5% of your annual salary allowing you the flexibility to decide your own benefits (or simply absorb this into your monthly income).
• 26 days’ holiday increasing each year of service to 33 days
• Ability to buy and sell a further 5 days holiday each year
• Pension salary sacrifice
• Option for LinkedIn Learning license
• Family friendly policies
• Regular social activities and team events
• Charity Volunteering Day

Zempler Bank is an equal opportunity employer. Individuals seeking employment are considered without regard to race, religion, national origin, age, sex, gender, gender identity, gender expression, sexual orientation, marital status, medical condition, ancestry, physical or mental disability, military or veteran status, or any other characteristic protected by applicable law.