Deputy Treasurer - Capital Markets & Funding

Overview

Lead funding initiatives, manage relationships, and execute hedging strategies for Southern Water.

Key Responsibilities

• debt relations
• funding negotiation
• hedging execution
• bond issuance
• derivatives execution
• funding strategy

Tasks

Reporting to the Corporate Finance Director, this is a high-impact role at the heart of our Treasury function. You will lead on all aspects of funding activity, including bond issuances, bank facility negotiations, and derivatives execution. You’ll also be a key point of contact for debt investors, banks, and rating agencies, ensuring Southern Water maintains strong market credibility and access to capital. -Supporting the Corporate Finance Director and deputising where required. -Managing relationships with banks, corporate advisors, rating agencies, and other financial stakeholders. -Overseeing debt investor relations, including presentations, updates, and maintaining the investor website. -Executing interest rate, inflation, and FX hedging strategies, and contributing to Group-level risk management. -Leading the negotiation, documentation, and execution of financing initiatives across bond, bank, and private placement markets. -Collaborating closely with the Deputy Treasurer – Corporate Finance to ensure knowledge sharing and alignment across Treasury. -Preparing board and executive-level papers on funding strategy and performance.

Requirements

• leadership
• structured finance
• treasury
• bond financing
• derivatives
• bank negotiation

What You Bring

Southern Water is entering a pivotal phase in its financial transformation, with a renewed focus on strategic funding and capital markets activity to support our ambitious investment plans. We are seeking a commercially astute and technically accomplished Deputy Treasurer – Capital Markets and Funding, to play a critical role in shaping and executing our financing strategy. -Gravitas and leadership capability, with the ability to influence senior stakeholders and external partners. -Strong understanding of structured finance, ideally within capital-intensive sectors such as utilities, infrastructure, or real estate. -Extensive experience in Treasury, with a strong track record in bond financing, capital markets activity, and derivatives. -A collaborative mindset and the ability to thrive in a fast-paced, high-accountability environment. -Proven expertise in bank facility negotiation and managing complex financial transactions.

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Benefits

This role will be full time Monday to Friday with a hybrid approach to working between Worthing and home. Location: Hybrid working between our Head Office in Worthing and home. Infrequent travel to London will be required, as well as the opportunity to travel internationally on occasion. Perkbox benefits offering discounts and savings on several products and experiences This is a rare opportunity to join a business with a £7.8bn investment plan for 2025–30, where your expertise in capital markets will directly influence the future of water infrastructure in the South East. 25 days annual holiday You will be joining at a time of significant change, working alongside a highly skilled leadership team with a clear vision for the future. We offer an environment where senior professionals can make a meaningful impact, influence major strategic decisions, and drive long-term value creation. Company and performance-related bonus Generous pension with up to 11% company contribution Life assurance payment equal to four times your annual salary Salary: Competitive salary commensurate with experience + £400 monthly car allowance and up to 10% bonus Health benefits through a Cash Plan Study support may be available for job-related qualifications Two paid community volunteering days a year Occupational health service Join Southern Water and see how far your career could progress with a company committed to career progression, training and development opportunities, our customers and the environment. We offer competitive maternity, paternity and parental leave as well as flexible return to work options.

About Southern Water

-Constructs reservoirs, pipelines, sewage treatment upgrades, and implements contingency measures like importing water during droughts. -Specializes in large-scale water infrastructure, operational delivery, and environmental engineering across the South East. -Notably fined for misreporting sewage spills; offers guided tours of Victorian sewers and public access to historic reservoirs.

Sector Specialisms