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Job Details

Job ID
Job Title
Funding Manager
Position Type
Business Brand
PF Group Treasury
£55,000 - £60,000 + car allowance + benefits
About Us
Established in 1880, Provident Financial Group (PFG) is one of the UK's leading suppliers of personal credit products to the non-standard lending market. We are a FTSE 250 Company employing over 3,000 staff throughout the UK and Ireland.

Provident delivers non-standard lending through our businesses - Vanquis Bank, Provident Home Credit, Satsuma Loans, Moneybarn and Cheque Exchange.
About the Role
Reporting to the Head of Funding & Markets, the role holder is responsible for providing support for the wholesale funding strategy and associated capital markets issuance of Provident Financial Group ('œthe Group' or 'œPFG'). The role encompasses funding and liquidity management, execution of capital markets transactions and debt investor relations. The scope of the role combines a high degree of complexity and a deep specialist knowledge. Strong communication skills are also required to influence stakeholders.

Some key responsibilities include:
  • Preparation of funding options and recommendations for the Head of Funding & Markets and the Group Treasurer.
  • Supporting capital markets transactions through the key stages of planning, structuring and execution.
  • Taking a lead role for in proposing a debt investor strategy and managing the communication with debt investors during public and private funding transactions.
  • Ongoing monitoring and active management of existing debt /funding transactions.
  • Ratings presentations.
  • Mange key relationships across the group including Moneybarn and Vanquis.
Skills and Experience
The skills and experience you will have:
  • Demonstrable experience in a capital markets and / or treasury function of a financial services business.
  • Good understanding of debt capital markets, financial instruments, debt instruments and hedging.
  • Developing understanding of the typical credit analysis and perspectives of debt investor across the capital structure.
  • The organisational skills required to work with third party advisors employed on complex benchmark transactions.
  • Ability to influence stakeholders across business divisions.
  • A track record of supporting capital market transactions across a broad range of asset classes, ideally with experience of securitisations.
  • Knowledge of the different rating agency criteria applicable to the Group and experience of nurturing and optimising the rating agency relationship.
Why choose a career with us?

Here at Provident, we like to let our employees know that we appreciate their hard work by offering competitive salaries and a range of reward schemes as well as regular performance management reviews and appraisals so that you can monitor your career progress. On top of that, here are some additional benefits:
  • 25 days annual holiday in addition to bank holidays
  • Car Allowance
  • Discretionary annual bonus
  • Pension scheme with Company contributions
  • Private Medical Insurance
  • Permanent Health Insurance of 50% after 2 year’s service
  • Colleague Perks at Work recognition schemes
  • Discounted Onsite Gym Membership available
  • Subsidised staff restaurant