Risk Management Expert for Treasury Operations

2 days ago


Manchester, United Kingdom Starling Bank Full time

About the Role

We are seeking a highly skilled Risk Management Expert to join our 2nd line risk function as the Head of Treasury Risk. This is a fantastic opportunity to shape our bank's approach to managing risks from Treasury activities.

Company Overview

Starling Bank is a fully licensed UK bank with the culture and spirit of a fast-moving, disruptive tech company. We're a bank, but better: fairer, easier to use and designed to demystify money for everyone. Our mission is to radically reshape banking by bringing together people of all backgrounds and experiences who love working together to solve problems.

Job Description

The successful candidate will cover the oversight and challenge of Market Risk, predominantly Interest Rate Risk in the Banking Book (IRRBB) but also FX and credit spread risk. The role will also provide broader oversight of the Bank's hedging activities and Treasury operations. Key responsibilities include:

  • Establishing strong relationships with the Treasurer and providing effective oversight and challenge of Market Risk
  • Oversight of stress testing of market risk exposures and management information
  • Key assumptions used in models, including behavioural assumptions
  • Regulatory reporting of these risks and the IRRBB section of the ICAAP
  • Setting market risk appetite and writing market risk policies

Requirements

To be successful in this role, you will require:

  • Considerable and extensive experience in Treasury risk management in a bank, consultancy or regulatory environment
  • Strong demonstrable experience working in a 2LoD risk function, 1LoD front or middle office treasury function, or a consultancy providing ALM advice or a regulatory environment with expertise in a Treasury/ALM oversight
  • Understanding of regulatory requirements for a treasury function, both risk and compliance, and regulatory reporting requirements
  • Experience of structural hedging and hedge accounting
  • Excellent stakeholder management skills and a track record of building senior level relationships

Benefits

Our benefits package includes:

  • 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

Salary Information

The estimated annual salary for this role is £100,000 - £120,000 depending on location and experience.



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