Treasury Asset and Liability Manager

We’re on a mission to make money work for everyone.We’re waving goodbye to the complicated and confusing ways of traditional banking.With our hot coral cards and get-paid-early feature, combined with financial education on social media and our award-winning customer service, we have a long history of creating magical moments for our customers!We’re not about selling products – we want to solve problems and change lives through Monzo ️We are looking for a detail-oriented & collaborative Treasury Asset and Liability Manager (ALM) to play a key role in enhancing Treasury’s balance sheet management capabilities and reporting. This is an important role for us, which will work across the Treasury, Finance, and Risk functions.About the role:We are hiring a Treasury Asset and Liability Manager who will be responsible for designing and setting up the relevant methodology, policies, and procedures, developing configuration in the Asset Liability Management system (MORS) related to Balance Sheet Management, including an efficient, transparent, and effective Funds Transfer Pricing methodology and platform to measure product risk and profitability through the lens of Liquidity, Funding, and Interest Rate risks. This role will also contribute to ICAAP and ILAAP processes and assessments, review behavioural analysis, and limit setting.Overseeing and reporting performance metrics into governance committees and forumsAssisting with developing ALM policies and procedures and performing control monitoringEnsuring appropriate oversight of balance sheet and off-balance sheet new and existing products and their impacts on IRRBB and Liquidity metrics is accurately capturedEngaging with the wider Finance team on Bank Profitability activitiesOwning the configuration of the ALM systemEnsuring policy and procedures documentation aligns with requirementsManaging and reporting liquidity, funding, and IRRBB metrics in a timely mannerHelping to innovate and improve the effectiveness of the liquidity management framework and risk management processes to ensure they work for MonzoFostering positive and collaborative relationships with all stakeholdersContributing to the development and implementation of Stress testing activities related to Interest Rate risk, Liquidity and Funding risk, and CSRBB measurementsHaving an understanding of Treasury processes and risk management activitiesExperience in Treasury modelling and methodology designApplying strategic thinking and planning skills to formulate, execute, and translate business strategy to determine priorities and goalsKnowledge and experience of ALM systems and configurationsDemonstrating leadership and ability to initiate and drive Treasury initiativesIn-depth understanding of risks embedded in banking book productsProven experience within a regulated financial institution/retail bank environmentStrong awareness of the wider business, economic, and regulatory environmentExcellent facilitation skills for assessing needs and engaging with product owners and senior management regarding product profitabilityExcellent relationship-building skills to listen, influence, present, and communicate with internal and external stakeholdersNot ticking every box? That’s totally okay! Studies show women and people of colour might hesitate to apply unless they meet every requirement. At Monzo, we’re dedicated to creating a diverse and welcoming team. If you’re passionate about this role and eager to learn and grow, we encourage you to apply—even if you don’t meet all the listed requirements. We’d love to hear from you!What’s in it for you:This role can be based in our London office, but we’re open to distributed working within the UK (with ad hoc meetings in London).We offer flexible working hours and trust you to work enough hours to do your job well, at times that suit you and your team.£1,000 annual learning budget for books, training courses, and conferences.We will set you up to work from home; all employees receive Macbooks, and additional support is provided for remote work setups.The application process:Initial Interview with the Hiring ManagerRole-specific InterviewBehavioural InterviewFinal Leadership InterviewThis process takes around 4 weeks. We value your schedule and will be as flexible as possible!We have guidelines on using Artificial Intelligence (AI) to enhance your application and interview at Monzo. You can read them here.Throughout the process, you’ll hear from us regularly. If you have questions, contact us at business-hiring@monzo.com. You can also reach out if we can support you due to disability, neurodiversity, or other needs.We’ll keep this role open until we receive enough applications for the next stage. Please submit your application promptly to avoid missing out.#LI-TP2Equal opportunities for everyone:Diversity and inclusion are core to us. We’re committed to creating an inclusive environment where everyone can thrive. Learn more in our blog, 2024 Diversity and Inclusion Report, and 2024 Gender Pay Gap Report.We are an equal opportunity employer. All applications are considered without regard to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, veteran status, neurodiversity, or disability.If you have a preferred name, please use it in your application. We do not require full or birth names at this stage. #J-18808-Ljbffr