At a Glance
- Tasks: Support financial risk management and conduct data analysis in a dynamic fintech environment.
- Company: Join Starling, a disruptive bank transforming how people manage their money.
- Benefits: Enjoy 25 days holiday, private medical insurance, and flexible working options.
- Other info: Diverse and inclusive workplace with excellent growth opportunities.
- Why this job: Make a real impact on financial risk strategies while developing your career.
- Qualifications: Experience in banking or consultancy with strong analytical skills required.
The predicted salary is between 55000 - 65000 £ per year.
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 employ more than 3,500 people across our London, Southampton, Cardiff and Manchester offices.
To support our ongoing growth, we are looking to recruit a Financial Risk Associate/Manager within our 2nd Line Risk function, reporting to the Head of Capital Risk. This role involves supporting the Director of Financial Risk and the Head of Capital Risk with the oversight and evaluation of capital risk, climate‑related financial risk, and resolution & recovery planning, alongside undertaking data and scenario analysis. This is a hands‑on, analytical role offering senior management exposure and excellent opportunities for professional development.
Key Accountabilities:
- Oversight & Evaluation: Supporting the Head of Capital Risk with the review and evaluation of the bank’s Recovery Plan, Resolvability Assessment Framework, ICAAP, stress testing processes, and climate risk assessments (including compliance against SS5/25).
- Assurance & Review: Undertaking assurance and model reviews to provide robust oversight of risk controls, policy implementation, and the accuracy of management information and prudential regulatory reporting.
- Strategic Input: Contributing to the setting of the Capital Risk Appetite and reviewing strategic initiatives to evaluate key assumptions and their impact on capital and resolvability.
- Data Analysis: Performing thorough data analysis, including evaluating climate risk data and business plan assumptions.
- Communication: Preparing and writing financial risk reports for the Executive and Board Risk Committees.
We are looking for a collaborative, analytical professional who brings:
- Professional Experience: Demonstrable experience within a bank, consultancy firm, or regulatory environment.
- Industry Knowledge: Practical experience or a deep understanding of ICAAP, stress testing, prudential regulatory developments, or the Resolvability Assessment Framework is highly desirable.
- Analytical Skills: Robust financial and scenario analysis skills with a high level of accuracy and attention to detail.
- Adaptability: A flexible approach to balancing competing priorities, managing expectations, and navigating a changing environment.
- Interpersonal Skills: A proactive, growth‑oriented mindset with the ability to provide constructive feedback and handle complex situations with diplomacy.
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 Us:
You 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.
Financial Risk Senior Associate/Manager employer: Starling Bank
At Starling Bank, we pride ourselves on being a forward-thinking employer that combines the innovation of a tech company with the stability of a fully licensed bank. Our vibrant work culture fosters collaboration and inclusivity, offering employees exceptional benefits such as generous holiday allowances, private medical insurance, and opportunities for professional growth. Join us in our mission to reshape banking while enjoying a supportive environment that values your contributions and well-being.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Risk Senior Associate/Manager
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Starling. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for interviews by diving deep into financial risk topics. Brush up on ICAAP, stress testing, and climate risk assessments. Show us you know your stuff and can contribute from day one!
✨Tip Number 3
Don’t just apply; engage with our content! Follow Starling on social media, comment on posts, and share your thoughts. It shows you're genuinely interested and helps you stand out.
✨Tip Number 4
Be yourself during the interview! We love authenticity. Share your experiences, how you handle challenges, and your passion for reshaping banking. Let us see the real you!
We think you need these skills to ace Financial Risk Senior Associate/Manager
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Financial Risk Senior Associate/Manager role. Highlight your relevant experience in capital risk, ICAAP, and stress testing to show us you’re the perfect fit!
Show Off Your Analytical Skills:Since this role is all about data analysis and scenario evaluation, don’t shy away from showcasing your analytical prowess. Include specific examples of how you've tackled complex financial data in your previous roles.
Be Clear and Concise:When writing your application, keep it straightforward and to the point. We appreciate clarity, so make sure your key achievements and skills stand out without unnecessary fluff.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity at Starling!
How to prepare for a job interview at Starling Bank
✨Know Your Financial Risk Stuff
Make sure you brush up on your knowledge of ICAAP, stress testing, and the Resolvability Assessment Framework. Starling is looking for someone who can demonstrate a solid understanding of these concepts, so be ready to discuss how you've applied them in your previous roles.
✨Show Off Your Analytical Skills
Prepare to showcase your analytical prowess during the interview. Bring examples of data analysis you've conducted, especially related to climate risk or capital risk. Being able to explain your thought process and the impact of your findings will impress the interviewers.
✨Communicate Clearly
Since you'll be preparing reports for senior management, practice articulating complex financial concepts in a straightforward manner. Think about how you can convey your ideas clearly and concisely, as effective communication is key in this role.
✨Be Ready for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills and adaptability. Prepare by thinking through potential challenges you might face in the role and how you would approach them. This will show that you're proactive and ready to tackle real-world issues.
