Responsibilities
- Track and report financial risks associated with investment and derivative counterparties, as well as key suppliers for TfL and Places for London.
- Evaluate the financial stability of counterparties to identify potential concerns.
- Identify early indicators of financial distress or risk exposure.
- Conduct in-depth credit assessments of counterparties when necessary.
- Collaborate with internal teams and stakeholders across the organization.
- Develop reports, dashboards, and presentations on supplier risk for internal use.
- Advise on requirements for parent company guarantees or performance bonds and assess proposed guarantors or bond issuers.
- Assist in maintaining relationships with credit rating agencies.
- Support a £13 billion borrowing portfolio by ensuring compliance with financial covenants and engaging with lenders and investors.
- Provide analytical support for debt, liquidity, investment, and risk management through financial modeling and strategic recommendations.
- Adapt to evolving departmental needs by assisting in areas such as cash forecasting, debt funding, reporting, investments, and audit preparation.
Benefits
- Final salary pension scheme
- Free travel on the TfL network
- 75% reimbursement for standard class National Rail tickets from home or 75% of a 28-day flexi ticket
- 30 days of annual leave plus public and bank holidays
- Commitment to work-life balance through flexible hybrid working
- Optional private healthcare with discounted rates
- Tax-efficient cycle-to-work scheme
- Access to retail, health, leisure, and travel discounts
- Discounted Eurostar travel
Compensation
Competitive salary with comprehensive benefits package
Work Arrangement
Hybrid working model where operational needs permit
Team
Part of the Treasury and Corporate Finance function supporting a major urban transport network
Equality, diversity, and inclusion
The organization is dedicated to fostering an inclusive workplace that reflects the diversity of the city it serves. As a Disability Confident employer, they guarantee an interview to any disabled candidate who meets all essential job criteria. To promote fairness, anonymising software is used to remove personal identifiers from CVs and cover letters during initial screening.
Application Process
Applicants must submit a CV and a one-page cover letter focusing on relevant skills, knowledge, and experience. PDF format is preferred; photos and images should be omitted. Applications close on Sunday 29th March 2026 at 23:59. The process may close early if sufficient applications are received. Two interview stages are planned: the first week commencing 27th April 2026, and the second week commencing 11th May 2026.
Vetting Process
All hires undergo pre-employment checks to ensure safety, trust, and reliability. These include verification of right to work, background checks, and confirmation of provided information. The full vetting policy is available online. Accurate and honest disclosure is required for smooth processing. Discrepancies may prevent progression. The process emphasizes transparency, respect, and clear communication.
Other
- Employment offers depend on successful right-to-work verification in the UK.
- Visa sponsorship is not offered for this position.
- Background checks are conducted as detailed on the organization’s vetting webpage.
- The employer is part of the Disability Confident scheme and guarantees an interview to disabled candidates meeting essential criteria.
- Anonymisation tools are applied to application documents to support fair and equitable selection.
Not available for this role
