At a Glance
- Tasks: Produce and analyse IRRBB reports to guide strategic decisions.
- Company: Join Starling Bank, a tech-driven bank reshaping the banking experience.
- Benefits: Enjoy 25 days holiday, private medical insurance, and flexible working options.
- Other info: Diverse and inclusive workplace with excellent career growth opportunities.
- Why this job: Be part of a mission to transform banking with innovative technology.
- Qualifications: Numerical degree preferred; experience with ALM systems and data handling is a plus.
The predicted salary is between 50000 - 60000 € 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
- 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.
- 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
- 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
Starling Bank is an equal opportunity employer, and we’re proud of our ongoing efforts to foster diversity & inclusion in the workplace.
Treasury IRRBB Analyst: Reporting Analytics in London 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 ample opportunities for growth and development in a supportive environment. With generous benefits such as enhanced annual leave, private medical insurance, and a commitment to work-life balance, we empower our team members to thrive both personally and professionally in our dynamic offices across the UK.
StudySmarter Expert Advice🤫
We think this is how you could land Treasury IRRBB Analyst: Reporting Analytics in London
✨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 practising common questions related to IRRBB and risk management. We want to see your problem-solving skills in action, so think of examples where you've tackled challenges head-on.
✨Tip Number 3
Show off your analytical skills! Bring along any relevant projects or tools you've developed, especially if they relate to ALM systems or data handling. This will demonstrate your hands-on experience and passion for the role.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you're genuinely interested in joining our team at Starling.
We think you need these skills to ace Treasury IRRBB Analyst: Reporting Analytics in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Treasury IRRBB Analyst role. Highlight any relevant experience with ALM systems, data handling, and risk metrics to catch our eye!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're excited about joining Starling and how your background makes you a perfect fit for the team. Be genuine and let your personality come through.
Showcase Your Problem-Solving Skills:In your application, give examples of how you've tackled challenges in the past. We love candidates who can think on their feet and resolve issues independently, so don’t hold back on sharing your success stories!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details you need about the role and our amazing culture!
How to prepare for a job interview at Starling Bank
✨Know Your IRRBB Inside Out
Make sure you have a solid understanding of Interest Rate Risk in the Banking Book (IRRBB) and how it applies to retail banking. Brush up on the metrics and reporting processes, as well as any relevant regulations. This will show your potential employer that you're not just familiar with the terminology but can also apply it practically.
✨Showcase Your Analytical Skills
Prepare to discuss your experience with data handling and manipulation, especially using Excel, SQL, and Python. Be ready to provide examples of how you've used these tools to solve problems or improve processes in previous roles. This will demonstrate your technical capabilities and problem-solving mindset.
✨Communicate Clearly
Since the role involves presenting complex data to both technical and non-technical audiences, practice explaining your past projects or experiences in simple terms. This will help you convey your ideas effectively during the interview and show that you can bridge the gap between different stakeholders.
✨Prepare Questions for Them
Interviews are a two-way street! Prepare thoughtful questions about Starling Bank's approach to risk management and how the Treasury team collaborates with other departments. This not only shows your interest in the role but also helps you assess if the company culture aligns with your values.
