At a Glance
- Tasks: Join our Treasury team to manage risks and produce vital reports for strategic decisions.
- Company: Starling Bank, a disruptive tech company reshaping banking in the UK.
- Benefits: 25 days holiday, private medical insurance, and generous family-friendly policies.
- Other info: Diverse and inclusive workplace with excellent career growth opportunities.
- Why this job: Be part of a mission to transform banking while developing your skills in a dynamic environment.
- Qualifications: Numerical degree preferred; experience with ALM systems and data handling is a plus.
The predicted salary is between 45000 - 55000 £ 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.
Starling Bank’s Treasury manages the bank’s rapidly growing balance sheet. We are responsible for managing liquidity, funding, Interest Rate Risk in the Banking Book (IRRBB) and structural risks using cash, investment securities, interest rate derivatives and foreign exchange. We are now looking for a driven IRRBB reporting analyst to join our expanding IRRBB team within the Treasury area of the Bank. This is a critical, hands-on role. You will be instrumental in building an accurate view of all the risks that guides our strategic decisions and keeps Starling safe and thriving.
Key Responsibilities
- Producing internal and regulatory IRRBB reporting from the bank’s ALM system
- Ensuring all reporting output is complete, accurate, and timely
- Designing and running the processes for production of the bank’s risk reporting
- Supporting development of ETL code and processes upstream of the ALM system
- Building controls and checks on upstream data feeds and on ALM system outputs
- Investigating and resolving any errors within the reported figures
- Creating tools to perform calculations where reporting takes place outside of the system
- Developing tools to process system output prior to presentation to stakeholders
RequirementsBehaviours & Competencies:
- You are a problem solver with the ability and motivation to investigate issues independently
- You are outcome-focused with an ability to see the problems through to resolution
- You’re able to anticipate risks and issues early and act decisively to address them
- You’re able to manage competing priorities, whilst keeping sight of the big picture and driving towards an end goal.
- You have good communication and documentation skills for both technical and non-technical audiences.
- You have good attention to detail.
Skills & Experience:
- Graduate level education preferable, ideally in a numerical degree
- Experience using an ALM system to generate IRRBB risk metrics highly desirable
- Intuitive understanding of IRRBB and how these risks are generated within a retail bank
- Intuitive understanding of credit ratings, asset-backed structures and how underlying collateral performance drives risk.
- Experience of data handling and manipulation within Excel, SQL, and ideally Python
- Experience in identifying and improving controls
- Experience in developing, and improving regular processes and tools.
- Familiarity with GitHub and databases is also desirable
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.
- 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
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. 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.
Treasury Analyst - Banking in London employer: Starling Bank
Starling Bank is an exceptional employer that champions a culture-first approach, fostering creativity and innovation in a dynamic environment. With a competitive benefits package, including generous leave and private medical insurance, employees are supported in their personal and professional growth. Located in Greater London, the bank promotes diversity and inclusion, making it a rewarding place for those looking to make a meaningful impact in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Treasury Analyst - Banking in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Starling Bank. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Treasury Analyst - Banking in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Starling Bank.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Starling Bank's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Starling Bank
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Starling Bank.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Starling Bank will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Starling Bank employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
