Treasury Risk Manager Role at Starling Bank

13 hours ago


Manchester, United Kingdom Starling Bank Full time

At Starling Bank, we're looking for a seasoned Treasury Risk Manager to join our 2nd line risk function. As a key member of our team, you'll 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.

Job Description

The ideal candidate will have considerable experience in Treasury risk management in a bank, consultancy or regulatory environment. You'll work closely with the Treasurer, 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.

  • Main Responsibilities:
  • Oversight and challenge of Market Risk, including IRRBB, FX and credit spread risk
  • Stress testing of market risk exposures
  • Key assumptions used in models, e.g., behavioral assumptions
  • Management information and proposals that come to ALCO
  • The control framework around market risk
  • The bank's hedging strategy, assumptions, controls and resulting exposures
  • Hedge accounting and hedge effectiveness
  • Regulatory reporting of these risks
  • The IRRBB section of the ICAAP
  • Setting market risk appetite and writing market risk policies
  • Producing the market risk section of the CRO report
About the Role

This is a critical role within our 2nd line risk function, requiring a deep understanding of regulatory requirements and risk management principles. You'll need to demonstrate excellent stakeholder management skills, a proactive attitude, and a commitment to continuous improvement.

Requirements
  • Considerable 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
  • Understanding of hedge accounting
Benefits

We offer a competitive salary range of £80,000 - £110,000 per annum, depending on experience. Additionally, you'll receive a comprehensive benefits package, including 25 days holiday, an extra day's holiday for your birthday, and 16 hours paid volunteering time a year.



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