Overview

Location: London Victoria. This role offers hybrid working, with the majority of the week in the office. Discuss arrangements with the hiring manager to find the best fit for both you and the role.

The Team

• Our Treasury team of five plays a key strategic role in supporting the Group's business strategy and long-term financial strength. It is a busy and dynamic function, responsible for managing funding, liquidity, and financial risk across the organisation.
• The team is undergoing a transformative period, with a strong focus on system automation and process improvements, offering opportunities to shape a modern, efficient Treasury function.

The Role

• You will be managing the Group's day-to-day operational Treasury activities including cash investments and short-term funding positions, reporting to the Treasury Operations Manager.
• Salary: Competitive

Principle Accountabilities

• Liquidity & Short Term Debt Management
  Manage drawdown requests and repayments across the Group's debt facilities, ensuring optimal utilisation and proactive monitoring of headroom.
• Lead the Group’s £1.75bn Commercial Paper (CP) programme, engaging with dealers, setting appropriate pricing levels, and coordinating settlements with the issuing and paying agent.
• Cash Management
  Manage daily cash operations, including cash positioning, short-term investment of surplus funds (within limits), and borrowings to cover operational and investment cash flow requirements.
• Execute FX spot and FX swap transactions in 360T and support FX hedging activities.
• Manage operating bank duties including initiation and settlement processes related to Treasury transactions.
• Manage the Group’s cash pooling arrangements ensuring compliance with existing limits.
• Maintain accurate data and deal records within the Treasury Management System (FIS Integrity) and other Treasury databases.
• Support the Treasury Operations Manager in evaluating and implementing cash management solutions.
• Collaborate with FP&A and the Treasury Operations Manager to gather, collate and analyse cashflows as part of short- to medium-term cash forecast.

Other Responsibilities

• Update the Treasury procedures manual and ensure treasury mandates are current.
• Provide general support to the Treasury team including analytical and financial modelling for Treasury objectives and workstreams.
• Support onboarding of banking counterparties.
• Identify and support improvements in Treasury procedures to improve efficiency, accuracy and automation.

Essential Criteria

• Previous experience in a Treasury function, ideally including use of a Treasury Management System (TMS).
• Experience driving process improvements within Treasury operations.
• Ability to process and analyse data to produce clear, insightful management reports, using advanced spreadsheet and BI tools (e.g., Excel, Power BI).
• Keen interest in financial markets and instruments used in corporate treasury (e.g., money market instruments and derivatives).
• Strong communication skills; able to interact effectively with colleagues at all levels and external counterparts.
• Studying towards, or aiming to study towards, a Treasury qualification.

Life and Benefits at Landsec

We offer a comprehensive benefits package to support work-life balance and development, plus opportunities to contribute to communities where we live and work. Core benefits include:

• Performance-based annual bonus plan
• 25 days annual leave (plus bank holidays), rising to 27 days after 2 years, with option to purchase up to 10 additional days per year; additional December festive break and a personal day
• Enhanced pension contributions (Landsec contributes up to 10.5% subject to your contribution)
• Private medical insurance, Health Cash Plan, life assurance and income protection
• Enhanced family leave policies
• Share plans and employee share schemes
• Volunteer days and Give As You Earn programs with employer top-up

Additional health and wellbeing benefits include employee assistance programme, digital GP, cycle to work scheme, mindfulness app, and a health app supporting fertility and menopause.

Diversity and Inclusion

Landsec values diversity and inclusion and strives to reflect the communities in which we operate. If you need information in a different format or any accommodations to apply, please contact our recruitment partners. For more about our approach, visit our Diversity and Inclusion page.