Company:
Starling Bank
Location: London
Closing Date: 26/11/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
Hello, we’re Starling. We built a new kind of bank because we knew technology had the power to help people save, spend and manage their money in a new and transformative way. We’re 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. We employ more than 3,000 people across our London, Southampton, Cardiff and Manchester offices.Starling Bank’s Treasury manages the bank’s rapidly growing balance sheet. We are responsible for managing liquidity, funding, IRRBB and structural risks using cash, investment securities, interest rate derivatives and foreign exchange.We are looking for a Treasury Dealer to work within the Treasury Liquidity management team. This person will be an integral part of the team, and will be responsible for the management of Starling's liquid asset buffer across a range of currencies and via a range of products.Responsibilities will include: Day-to-day management of Starling’s cash and HQLA portfolio via a range of products (money market deposits, IRS, repos, FX swaps, fixed income securities etc.). Remaining within limits while optimising yield against liquidity, capital and counterparty credit risks. Working on projects and providing key inputs from a Treasury dealing perspective. This will include the continued expansion of trading counterparties and the development of the Treasury Management System. Performing ad-hoc analysis and producing market research and trade strategies to senior stakeholders. This will include presenting at various committees such as the Wholesale Credit Risk Committee and ALCo. Supporting the production of the ILAAP and stress testing. Identifying opportunities to simplify or automate existing reporting / processes. Requirements Professional qualification in a quantitative field or equivalent experience. A team player with strong attention to detail, ensuring that all activity is undertaken in accordance with the bank’s risk appetite. A strong understanding of important liquidity metrics such as EWIs, the Survival Horizon, LCR and NSFR, alongside all relevant regulation. Experience within the money market, IRS, repo, FX and bond markets. Familiarity with ISDA / GMRA / CDEA documentation. A problem solver with strong quantitative skills. The ability to distil complex ideas for presentation to a broad audience. A keen interest in data handling and analysis. VBA, SQL or Python knowledge is an advantage. 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 About UsYou may be put off applying for a role because you don't tick every box. Forget that! While we can’t accommodate every flexible working request, we're always open to discussion. So, if you're excited about working with us, but aren’t sure if you're 100% there yet, get in touch anyway.We’re on a mission to radically reshape banking – and that starts with our brilliant team. Whatever came before, we’re proud to bring together people of all backgrounds and experiences who love working together to solve problems.Starling Bank is an equal opportunity employer, and we’re proud of our ongoing efforts to foster diversity & inclusion in the workplace. Individuals seeking employment at Starling Bank are considered without regard to race, religion, national origin, age, sex, gender, gender identity, gender expression, sexual orientation, marital status, medical condition, ancestry, physical or mental disability, military or veteran status, or any other characteristic protected by applicable law.By submitting your application, you agree that Starling Bank may collect your personal data for recruiting and related purposes. Our Privacy Notice explains what personal information we may process, where we may process your personal information, its purposes for processing your personal information, and the rights you can exercise over our use of your personal information.
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Starling Bank