Head of Treasury Risk Management

1 week ago


London, Greater London, United Kingdom Starling Bank Full time

We're Starling Bank, a fully licensed UK bank with a culture and spirit of a fast-moving, disruptive tech company. We're looking for a Head of Treasury Risk to join our 2nd line risk function, reporting to the Director of Financial Risk.

The role 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. You'll work closely with the Head of Liquidity Risk, Wholesale Credit Risk, and Treasury Compliance colleagues to take a holistic view of the risks across the Bank's Treasury function.

Your responsibilities will include:

  • Establishing strong relationships with the Treasurer and providing effective oversight and challenge of Market risk (IRRBB, FX, and credit spread risk)
  • Stress testing of market risk exposures and key assumptions used in models
  • Management information and proposals that come to ALCO
  • The control framework around market risk and the bank's hedging strategy, assumptions, controls, and resulting exposures
  • Hedge accounting and hedge effectiveness
  • Regulatory reporting of these risks and the IRRBB section of the ICAAP
  • Setting market risk appetite and writing market risk policies
  • Producing the market risk section of the CRO report
  • Carrying out market risk analysis and inputting into the migration of the monitoring of interest rate risk from spreadsheets to an ALM system
  • Reviewing strategic initiatives and considering the impact on market risk
  • Undertaking model validation on key interest rate risk models used for interest rate risk reporting
  • Undertaking assurance reviews, including on the appropriateness of risk controls, quality of reporting, and implementation of risk appetite and policies
  • Carrying out ad hoc analysis to obtain a deep understanding of the key market risks facing the bank and key behavioural assumptions
  • Horizon scanning of new regulatory requirements and consideration of the impacts
  • Working with the operational risk team to oversee the management and mitigation of operational risks stemming from the treasury function
  • Working with the compliance function on the management and mitigation of compliance risks stemming from the treasury function
  • Working with the Head of Liquidity Risk and wholesale credit to have a holistic view of the risks and controls across the Treasury front, middle, and back office

We're looking for someone with considerable and extensive experience in Treasury risk management in a bank, consultancy, or regulatory environment. You'll need 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.

You'll also need an understanding of regulatory requirements for a treasury function, both risk and compliance, and regulatory reporting requirements. Experience of structural hedging, understanding of hedge accounting, and experience using or implementing a ALM system are also desirable.

We're a vibrant institution, and this role represents a fantastic opportunity to join us and shape the Bank's approach to managing risks from Treasury activities.

We're proud to bring together people of all backgrounds and experiences who love working together to solve problems. If you're excited about working with us, get in touch anyway.

We're on a mission to radically reshape banking, and that starts with our brilliant team.


  • Treasury Risk Manager

    2 weeks ago


    London, Greater London, United Kingdom Tax & Treasury Recruitment Full time

    Treasury Consultant OpportunityWe are seeking a highly skilled Treasury Consultant to join our client's team in Marlow, Berkshire, on a 6-month contract basis.The ideal candidate will be a seasoned Treasury professional with extensive experience in managing foreign exchange risk, particularly in FTSE100/250 sized organizations. With a strong background in...


  • London, Greater London, United Kingdom Tax & Treasury Recruitment Full time

    Treasury Consultant OpportunityWe are seeking a highly skilled Treasury Consultant to join our client's team in Marlow, Berkshire. As a key member of the treasury team, you will be responsible for managing foreign exchange risk and leading on the mitigation of this risk through various means.Key Responsibilities:Manage foreign exchange risk and develop...


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

    About the RoleWe are seeking a highly skilled and experienced Head of Treasury Risk to join our team at Starling Bank. As a key member of our 2nd line risk function, you will be responsible for overseeing and challenging Market Risk, predominantly Interest Rate Risk in the Banking Book (IRRBB), as well as FX and credit spread risk.Key...


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

    About the RoleWe are seeking a highly skilled and experienced Head of Treasury Risk to join our team at Starling Bank. As a key member of our 2nd line risk function, you will be responsible for overseeing and challenging Market Risk, predominantly Interest Rate Risk in the Banking Book (IRRBB), as well as FX and credit spread risk.Key...


  • London, Greater London, United Kingdom Tax & Treasury Recruitment Full time

    Job DescriptionTax & Treasury Recruitment have been engaged by a leading FTSE250 client to recruit a Treasury Consultant for a short-term contract, to join their team in the UK.You will be a seasoned Treasury professional, specifically with extensive experience managing foreign exchange risk, gained within FTSE100/250 sized organisations. With the USD...


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

    About the RoleWe are seeking a highly skilled Head of Treasury Risk Management to join our team at Starling Bank. As a key member of our 2nd line risk function, you will be responsible for overseeing and challenging Market Risk, predominantly Interest Rate Risk in the Banking Book (IRRBB), as well as FX and credit spread risk.You will work closely with the...


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

    About the RoleWe are seeking a highly skilled and experienced Head of Treasury Risk to join our team at Starling Bank. As a key member of our 2nd line risk function, you will be responsible for overseeing and challenging Market Risk, predominantly Interest Rate Risk in the Banking Book (IRRBB), as well as FX and credit spread risk.Key...


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

    About the RoleWe are seeking a highly skilled and experienced Head of Treasury Risk to join our team at Starling Bank. As a key member of our 2nd line risk function, you will be responsible for overseeing and challenging Market Risk, predominantly Interest Rate Risk in the Banking Book (IRRBB), as well as FX and credit spread risk.Key...


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

    At Starling Bank, we're looking for a seasoned Treasury Risk professional to join our 2nd line risk function. As the Head of Treasury Risk Management, you'll be responsible for overseeing and challenging Market Risk, primarily Interest Rate Risk in the Banking Book (IRRBB), as well as FX and credit spread risk. You'll work closely with the Head of Liquidity...


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

    We're seeking a seasoned Treasury Risk Management professional to join our team at Starling Bank. As Head of Treasury Risk, you'll be responsible for overseeing and challenging Market Risk, primarily Interest Rate Risk in the Banking Book (IRRBB), as well as FX and credit spread risk. You'll work closely with the Head of Liquidity Risk, Wholesale Credit...


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

    About the RoleWe are seeking a highly skilled and experienced Head of Treasury Risk to join our team at Starling Bank. As a key member of our 2nd line risk function, you will be responsible for overseeing and challenging market risk, predominantly interest rate risk in the banking book (IRRBB), as well as FX and credit spread risk.Key...


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

    About the RoleWe are seeking a highly skilled and experienced Head of Treasury Risk to join our team at Starling Bank. As a key member of our 2nd line risk function, you will be responsible for overseeing and challenging market risk, predominantly interest rate risk in the banking book (IRRBB), as well as FX and credit spread risk.Key...


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

    About the RoleWe are seeking a highly skilled and experienced Head of Treasury Risk to join our team at Starling Bank. As a key member of our 2nd line risk function, you will be responsible for overseeing and challenging market risk, predominantly interest rate risk in the banking book (IRRBB), as well as FX and credit spread risk.Key...


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

    About the RoleWe are seeking a highly skilled and experienced Head of Treasury Risk to join our team at Starling Bank. As a key member of our 2nd line risk function, you will be responsible for overseeing and challenging market risk, predominantly interest rate risk in the banking book (IRRBB), as well as FX and credit spread risk.Key...

  • Head of Treasury Risk

    1 month ago


    London, Greater London, United Kingdom Starling Bank Full time

    About the RoleWe are seeking a highly skilled and experienced Head of Treasury Risk to join our team at Starling Bank. As a key member of our 2nd line risk function, you will be responsible for overseeing and challenging Market Risk, predominantly Interest Rate Risk in the Banking Book (IRRBB), as well as FX and credit spread risk.Key...

  • Head of Treasury Risk

    1 month ago


    London, Greater London, United Kingdom Starling Bank Full time

    About the RoleWe are seeking a highly skilled and experienced Head of Treasury Risk to join our team at Starling Bank. As a key member of our 2nd line risk function, you will be responsible for overseeing and challenging Market Risk, predominantly Interest Rate Risk in the Banking Book (IRRBB), as well as FX and credit spread risk.Key...


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

    About the RoleWe are seeking a highly skilled and experienced Treasury Risk Manager to join our team at Starling Bank Limited. As a key member of our 2nd line risk function, you will be responsible for overseeing and challenging market risk, predominantly Interest Rate Risk in the Banking Book (IRRBB), as well as FX and credit spread risk.Your primary...


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

    Job DescriptionWe are seeking a highly skilled Head of Treasury Risk to join our team at Starling Bank. As a key member of our 2nd line risk function, you will be responsible for overseeing and challenging Market Risk, predominantly Interest Rate Risk in the Banking Book (IRRBB), as well as FX and credit spread risk.Key Responsibilities:Establish strong...


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

    Job DescriptionStarling Bank is seeking a highly skilled Head of Treasury Risk to join our team. As a key member of our 2nd line risk function, you will be responsible for overseeing and challenging Market Risk, predominantly Interest Rate Risk in the Banking Book (IRRBB), as well as FX and credit spread risk.Key Responsibilities:Establish strong...

  • Head of Treasury

    4 weeks ago


    London, Greater London, United Kingdom Alexander Lloyd Full time

    Head of Treasury Job DescriptionAlexander Lloyd is seeking a highly skilled and experienced Head of Treasury to join our client, a global telecommunications organisation. The successful candidate will be responsible for overseeing and managing daily treasury operations, developing and executing the FX strategy, and monitoring and managing financial risk.Key...