Treasury Dealer Role

1 month ago


London, Greater London, United Kingdom Starling Bank Limited Full time

Job Title: Treasury Dealer Role

About Starling Bank Limited:

We are a fully licensed UK bank with the culture and spirit of a fast-moving, disruptive tech company. Our mission is to help people save, spend, and manage their money in a new and transformative way.

Salary: The estimated salary for this role is £60,000 - £80,000 per annum, depending on experience.

Job Description:

As a Treasury Dealer at Starling Bank Limited, you will be responsible for managing the bank's rapidly growing balance sheet. This includes managing liquidity, funding, interest rate risk in the banking book (IRRBB), and structural risks using cash, investment securities, interest rate derivatives, and foreign exchange.

Your key responsibilities will include:

  • Remaining within limits while optimizing yield against liquidity, capital, and counterparty credit risks.
  • Working on projects and providing key inputs from a Treasury dealing perspective.
  • Performing ad-hoc analysis and producing market research and trade strategies to senior stakeholders. You will also be required to present at various committees, such as the Wholesale Credit Risk Committee and ALCo.
  • Supporting the production of the Internal Liquidity Adequacy Assessment Process (ILAAP) and stress testing.

Requirements:

To succeed in this role, you will need:

  • A professional qualification in a quantitative field or equivalent experience.
  • A strong attention to detail, ensuring that all activity is undertaken in accordance with the bank's risk appetite.
  • A keen interest in data handling and analysis. Knowledge of VBA, SQL, or Python is an advantage.

Benefits:

We offer a range of benefits to support your well-being and career development, including:

  • 25 days holiday (plus take your public holiday allowance whenever works best for you)
  • An extra day's holiday for your birthday
  • Annual leave is increased with length of service, and you can choose to buy or sell up to five extra days off
  • 16 hours paid volunteering time a year
  • Salary sacrifice, company-enhanced pension scheme
  • Life insurance at 4x your salary
  • Private Medical Insurance with VitalityHealth, including mental health support and cancer care. Partner benefits include discounts with Waitrose, Mr&Mrs Smith, and Peloton
  • Generous family-friendly policies
  • Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks
  • Access to initiatives like Cycle to Work and Salary Sacrificed Gym partnerships

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