Treasury Risk Manager

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Benefits

Our Prudential Risk team Our Prudential Risk team is expanding, and we are searching for a Manager to join our 2nd Line Treasury Risk Oversight team. You will be part of the broader 2LoD Risk and Compliance department here at Monzo. This represents a fantastic chance to contribute to a scaling bank with high aspirations.

" Your focus will involve collaborating with 1st Line Treasury Markets to provide expert second-line oversight of their increasing investment activities and execution controls. 5bn portfolio that is set to scale and diversify across various securities and financial instruments. You will be instrumental in providing robust monitoring and challenge regarding new investment initiatives and current portfolio performance.

Conducting independent credit reviews, resilience testing, and collateral oversight are central to this position. We are looking for someone with a solid grasp of the asset classes typically found in a retail bank's treasury holdings, such as Sovereign debt, Covered Bonds, ABS, and CLOs. Familiarity with FX market products, repurchase agreements, and interest rate hedging tools is also highly valued.

A successful applicant will bring hands-on experience using Bloomberg for credit and market analysis, alongside the ability to leverage rating agency data and technical stress testing to build comprehensive credit views. You will also have the space to expand your expertise into Treasury ALM as part of our holistic approach to Treasury Risk Oversight. You’ll play a key role by… Overseeing our growing Treasury investment portfolio and analysing wholesale credit risk via the regular monitoring of market and liquidity risks, alongside collateral performance monitoring.

Writing independent credit assessments for proposed counterparties and securitisations. Conducting independent stress testing of ABS and CLO structures to evaluate portfolio resilience. Representing 2LoD in investor roadshows with a view to better understanding collateral, structuring, and the inherent risks of securities.

Monitoring market trends and themes in wholesale credit markets and the wider macroeconomic environment, and raising emerging risks to the Treasury Markets team (a Bloomberg Professional license will be provided to assist you with this analysis). Acting as a key contributor to the Wholesale Credit Risk Forum , where you will present a 2LoD view of the risk profile of the investment portfolio. Reviewing monthly information submitted to ALCo packs and actively contributing 2LoD opinions on specific approval topics.

Playing a core role in the 2LoD oversight of new proposals put forward by Treasury Markets within a rapidly growing and ambitious environment. Ensuring appropriate controls exist and are consistently monitored across all Treasury Dealing activities.