Risk Management Expert for Treasury

7 days ago


Manchester, United Kingdom Starling Bank Full time
Job Description

We are seeking an 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 the management of market risk, primarily Interest Rate Risk in the Banking Book (IRRBB), but also FX and credit spread risk.

The successful candidate will provide effective oversight and challenge of market risk, stress testing of market risk exposures, and key assumptions used in models. They will also be responsible for managing information and proposals that come to the ALCO committee, as well as reviewing the control framework around market risk.

Key responsibilities will include establishing strong relationships with the Treasurer, providing oversight and challenge of market risk, stress testing, and management information. The successful candidate will also be responsible for reviewing the bank's hedging strategy, assumptions, controls, and resulting exposures, as well as hedge accounting and hedge effectiveness.

Additional responsibilities will include regulatory reporting of these risks, the IRRBB section of the ICAAP, and setting market risk appetite and writing market risk policies. The successful candidate will also be required to produce the market risk section of the CRO report, carry out market risk analysis, and input into the migration of the monitoring of interest rate risk from spreadsheets to an ALM system.

The ideal candidate will have extensive experience in Treasury risk management in a bank, consultancy, or regulatory environment. They will also have a strong understanding of regulatory requirements for a treasury function, both risk and compliance, and regulatory reporting requirements.

Other key skills and qualifications include experience of structural hedging, understanding of hedge accounting, and experience using or implementing a ALM system. The successful candidate will also be flexible and adaptable, with the ability to juggle multiple competing priorities whilst managing expectations.

We are committed to creating a diverse and inclusive workplace, and we welcome applications from all qualified candidates. We are an equal opportunities employer and a Disability Confident Leader. We are also a proud signatory to the Mindful Employer Charter, demonstrating our commitment to supporting the mental health and wellbeing of our employees.

For more information please contact [insert contact details].

Benefits

* 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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