Head of Treasury - Funding

At Tesco, we believe in the power of spending more time together, face to face, than apart. So, during your working week, you can expect to spend 60% of your time in one of our office locations or local sites and the rest remotely. We also recognise that life looks a little different for each of us. Some people are at the start of their careers, some want the freedom to do the things they love. Others are going through life-changing moments like becoming a carer, nearing retirement, adapting to parenthood, or something else. That’s why at Tesco, we always welcome a conversation about flexible working. So, talk to us throughout your application about how we can support.

In this role you will support the Group Treasurer in shaping and implementing the Group's funding strategy and ensuring that balance sheet and credit implications of business plans and performance are understood.

• Executing and delivering on successful capital markets funding strategies
• Managing and establishing strong relationships with relationship banks, rating agencies and debt investors
• Ensuring that there is a clear understanding of the liquidity and debt position, and that funding and balance sheet implications are factored into planning and decision-making
• Managing interest rate risk across the debt portfolio
• Developing in depth knowledge within the team to understand the rating agency methodologies and processes and enabling the team to translate our business plans in to forecast credit rating projections.
• Developing and leading a high performing team, giving them the opportunities to be their best
• Following our Business Code of Conduct and always acting with integrity and due diligence
• Forecasting and managing my budgets effectively, always being cost conscious.

• Significant experience in corporate treasury or financial services.
• Relevant professional qualification (AMCT)
• Experience in debt capital markets / funding execution a must
• Experience in corporate financial analysis

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We’re all about the little helps. That’s why we make sure our Tesco colleague benefits package takes care of you – both in and out of work. Click Here to find out more!

• Annual bonus scheme of up to 45% of base salary
• Car Cash Allowance
• Holiday starting at 25 days plus a personal day (plus Bank holidays)
• Private medical insurance
• Retirement savings plan - save between 6% - 10% and Tesco will contribute 1.5 times this amount
• 26 weeks maternity and adoption leave (after 1 years’ service) at full pay, followed by 13 weeks of Statutory Maternity Pay or Statutory Adoption Pay, we also offer 6 weeks fully paid paternity leave

Our vision at Tesco is to become every customer's favourite way to shop, whether they are at home or out on the move. Our core purpose is ‘Serving our customers, communities and planet a little better every day’. Serving means more than a transactional relationship with our customers. It means acting as a responsible and sustainable business for all stakeholders, for the communities we are part of and for the planet.

Diversity, equity and inclusion (DE&I) at Tesco means that whoever you are and whatever your background, we always want you to feel represented and that you can be yourself at work. In short, we’re a place where Everyone’s Welcome. We’re proud to have been accredited Disability Confident Leader and we’re committed to providing a fully inclusive and accessible recruitment process. For further information on the accessibility support we can offer, please click here.

We’re a big business and we can offer a range of diverse full-time & part-time working patterns across our many business areas, which means that we can find something that works for you.  We work in a more blended pattern -combining office and remote working.  Our offices will continue to be where we connect, collaborate and innovate.