Head of Treasury

We have an exciting opportunity for a motivated and proactive person to join one of the fastest growing divisions of Admiral Group in the newly created role of Head of Treasury, reporting directly to the CFO.

About us

At Admiral Money, we are on an exciting journey to develop into a meaningful contributor to the success of the wider Admiral Group.  Vital to that journey is being able to execute the funding strategy in a clearly defined risk appetite, as well as allocating capital efficiently within the business to maximise returns.

About the role

The Head of Treasury will play a critical role in shaping and executing Admiral Money's funding strategy.  This individual will guide the development and diversification of the company’s funding base, optimising our private warehouse facilities, and building capabilities for forward flow transactions and public securitisations.  The role holder will build out the Treasury framework for the business and oversee the development of risk management in relation to Treasury Activities.

This is a strategic leadership role requiring deep expertise in structured finance, securitisation, and debt capital markets, combined with a hands-on approach to execution.

Key Responsibilities will include:

1. Funding Strategy Development:Implementation and refinement of a long-term funding strategy that aligns with the company’s growth objectives. Optimise the use of existing facilities to ensure efficient and cost-effective funding.
2. Execution of Funding Transactions:Managing projects including new warehouses, mezzanine funding, forward flow, changes to existing funding contracts, etc. and working to ensure that these projects deliver the required objectives within the associated deadlines. Build and maintain strong relationships with capital providers to secure competitive terms. Manage the development of the company’s capabilities for public securitisations, including establishing processes, systems, and partnerships. Oversee transaction structuring, rating agency engagement, and investor roadshows.
3. Liquidity Management:

o Ownership of cash flow forecasting and management of facilities to ensure liquidity is used efficiently.

o Close interaction with senior stakeholders across our product set to ensure appropriate liquidity is available in line with trading plans.

1. Profitability and capital:Work closely with product teams across the business to drive pricing strategy in relation to funding costs. Help to optimise trading strategy to optimise profitability in conjunction with ensuring funding facilities are running efficiently.
2. Stakeholder Management:Act as the primary liaison with warehouse lenders, institutional investors, and other funding partners. Maintain strong relationships with internal stakeholders, including senior leadership, finance, and risk teams.
3. Risk and Compliance Oversight:Ensure compliance with regulatory requirements and industry best practices related to debt capital markets and securitisation activities. Implement robust risk management practices for all funding initiatives.

Qualifications & Experience

• Extensive experience in debt capital markets, structured finance, or securitisation, ideally within non-bank lending or financial services.
• Proven track record of managing private warehouse facilities and executing forward flow or securitisation transactions.
• Strong understanding of regulatory requirements and rating agency methodologies for structured finance transactions.
• Exceptional negotiation, analytical, and project management skills.
• Excellent communication and interpersonal skills with technical and non-technical audiences and a desire to work within a fast-paced, dynamic team environment.

Key Attributes

• Strategic thinker with a hands-on approach to execution.
• Strong leadership and stakeholder management skills.
• Results-oriented, with a focus on delivering value through innovative funding solutions.

Salary, Benefits and Work-Life Balance

At Admiral, we are proud to be a diverse business where we put our people and customers first. We have great benefits to ensure employees have a great work-life balance; it's one of the reasons we’re consistently voted one of the Sunday Times Best Big Companies to Work For in the UK.

All colleagues will receive 33 days holiday (including banks holidays) when they join us, and this will increase with length of service, up to a maximum of 38 days (including banks holidays). You also have the option to buy or sell up to five days of annual leave in addition to your allocation.

You can also view some of our other key benefits here.