Job Description

Who we are

At Vanquis, we have a simple purpose: to deliver caring banking so our customers can make the most of life's opportunities. Established in 1880, we're now a FTSE All Share company and leading specialist bank. We lend responsibly, providing tailored products and services to over 1.7 million UK customers. We see ourselves as the bank that's got your back.


Vanquis has been named one of the Financial Times UK's Best Employers 2025, ranking in the top 50 nationwide and seventh in Banking and Financial Services. This recognition is based on independent employee feedback, reflecting our strong workplace culture, career growth opportunities, and commitment to our people. We are proud signatories of the Armed Forces Covenant and actively support the Armed Forces community, including veterans, reservists, and military families.


We take care of our colleagues as well as our customers, we are creating a workplace where everyone feels connected, valued, empowered and rewarded- all guided by our four core values - caring for people, pulling together, finding better ways and getting the right things done.


Rewarding our colleagues goes beyond pay. We're building a culture where everyone feels valued, motivated, and proud. Alongside competitive salaries, we offer meaningful benefits, annual salary reviews, a discretionary bonus scheme and evolving recognition.


We care about your career and ambitions just as much as you do, offering tools, guidance and opportunities to help you grow. Take ownership, stay curious and we'll match your ambition with unique experiences, hands-on learning and tailored development to support your career journey.

The role

Reporting into the 'Manager of Funding and Modelling', the 'DCM Analyst' will be a key SME in relation to external market issuance of funding. The role will go beyond supporting the day-to-day management and reporting of existing secured and unsecured funding, but also include supporting future execution, management and reporting of risk exposures against associated limits, and ensuring compliance with regulatory requirements.


The individual will support in delivering the Group's Wholesale Funding strategy, planning, and associated capital market issuances of the Group


The role holder will be responsible for the ongoing development and maintenance of the modelling of data for the relevant components in the funding plans or transactions. This includes confirming the completeness and accuracy of data and the associated outputs and establishing appropriate controls. Therefore, the individual should have an awareness of wholesale funding markets and associated regulations and experience of using large volumes of data in models, and demonstrate an ability to co-ordinate and manage workstreams across multiple cross-functional teams.

Responsibilities:

Support the 'Manager of Funding and Modelling' as required, in the co-ordination and execution of specific capital markets transactions/projects, managing the project plan through to completion and the outcomes post launch Support the production of assessments of proposed transactions with cost and benefit analysis to determine if it would meet the Group's target funding structure Produce analysis of emerging trends in financial markets which could impact the Group's funding strategy and plans Support the process to create, validate, implement, document and maintain any models used for funding purposes, including the forecast amortisation of loan pools and stress testing scenarios based on macroeconomic developments Produce cash flow forecasts prepared for securitisation transaction level and funding plan purposes Production of any early warning indicators and investor reporting for securitisation transactions Monitor covenant compliance and management information for funding transactions Process requests from investors, either during the marketing phase of new transactions or post-closing

Experience required:

Experience gained in UK Bank/Building Society Treasury environment or NBFI with knowledge of Securitisations and/or Debt Capital Markets Good communication and the ability to build trust and influence at senior management level Good understanding of financial markets, financial instruments and debt instruments Good understanding of accounting principles Excellent time management and organisational ability Ability to influence stakeholders A track record of developing and delivering process improvement would be advantageous Expertise in managing data (primarily Excel and ideally SQL) with a very strong attention to detail, with an equal focus on effectively communicating key messages both within and outside Treasury Minimum 2-3 years experience of working in a capital markets and / or treasury function of a financial services business, preferrably in a UK Bank or Building Society or Non-Banking Financial Institution (NFBI) mono-lender reliant on wholesale funding markets. Securitisation experience is strongly preferred. Good understanding of debt capital markets, debt issuance and hedging instruments Understanding of the typical credit analysis and perspectives of debt investors across the capital structure Experience of supporting capital market transactions across a broad range of debt issues (secured/collateralised, unsecured, Tier 2 and liability management exercises) would be advantageous.

Location:

London or Bradford (Hybrid working)

Working Pattern:

Hybrid--typically a couple of days a week in the office. Part-time or flexible arrangements are considered to support work-life balance. A fear of losing your current working flexibility shouldn't hinder you from applying for new opportunities, which is why we aim to match your existing flexible working arrangements where possible.

What We Offer:

Holidays:

25 days holiday up to 30 days (depending on service)

Pension:

We know it is important to save for the future, that is why we will contribute up to 10%

Maternity/Paternity:

We realise that family time is important, we offer enhanced maternity (after successful completion of probation) and 4 weeks paternity leave

Workations:

opportunity to work abroad 20 days a year (approved list of countries) enabling you to visit family and friends or extend your trip

Volunteering:

2 paid days to 'give back' to the charity of your choice

Development:

LinkedIn Learning for all

Finance:

Snoop Premium available to all colleagues

Opportunities to connect:

via quarterly socials, in-person and virtual company updates

Medical:

Opportunity to opt in for Private Medical Insurance

Bonus:

Discretionary annual bonus

Equal Opportunity Statement

Here at Vanquis Banking Group, we embrace everyone's unique strengths and identities to be themselves at work. Regardless of how you identify yourself, your sexual orientation, martial or civil partner status, race, colour, nationality, ethnic or national background, faith, disability, or age - your experiences and background help enrich our teams, and most importantly help support our customers in the best way possible. At the end of the day, its our people that help us to fulfil the reason why we're here in the first place: to help put people on a path to a better everyday life.


If there's anything we can do in the recruitment process to help you achieve your best, get in touch. Whether it's a copy of our application form in another format or additional assistance, we're available to help. You can contact us at careers@vanquis.com


At Vanquis, we've been empowering lives since 1880. As a FTSE All Share company and leading specialist bank, we lend responsibly to over 1.75 million UK customers.


We're just as committed to our colleagues as we are to our customers, offering competitive salaries, comprehensive benefits, and recognition schemes. With pension plans, our 'Buy as You Earn' scheme, and ongoing training opportunities, we create a supportive environment where you can grow and thrive.


Bring your authentic self, find your voice, and build your career with us--because at Vanquis, we believe in making the most of life's opportunities.

#MakeWorkMeanMore