Treasury Risk Manager

Join Monzo, a rapidly growing bank, as a Treasury Risk Manager. In this role, you will be part of the 2nd Line Treasury Risk Oversight team, providing expert oversight of investment activities and execution controls. You will monitor and challenge new investment initiatives, conduct independent credit reviews, and oversee collateral performance. This position offers a fantastic opportunity to contribute to a scaling bank with high aspirations.

• Overseeing the Treasury investment portfolio and analyzing wholesale credit risk through regular monitoring of market and liquidity risks.
• Writing independent credit assessments for proposed counterparties and securitizations, and conducting independent stress testing of ABS and CLO structures.
• Acting as a key contributor to the Wholesale Credit Risk Forum, presenting a 2LoD view of the risk profile of the investment portfolio.
• You understand securitisations, including their structural features, underwriting processes, and standards, as well as how to stress test them
• You have a genuine desire to learn and grow, and you are excited about building enhanced 2LoD oversight within a dynamic, fast-paced environment
• You understand prudential regulatory requirements, with a specific focus on the topics of liquidity and capital and how they impact a bank’s investment portfolio
• You possess knowledge of key market products, specifically those used across FX markets, repos, and interest rate derivatives
• You have a solid understanding of key asset classes that make up a Retail Bank’s treasury investment portfolio, such as Sovereign and Supranational debt, Covered Bonds, Asset Backed Securities (ABS), and Collateralised Loan Obligations (CLO)
• You can critically evaluate risk data, with familiarity handling investment prospectuses from security issuers and the ability to review credit rating agency reports to pick out, understand, and challenge key risks
• You bring hands-on system and technical experience, which may include previous use of Bloomberg for pricing, liquidity, and credit analysis, exposure to a Trade Management System, and a working use of Python/SQL with the ability to develop reporting dashboards
• You are a good relationship builder who can develop productive working connections with 1LoD stakeholders across all levels of the business, whilst maintaining the ability to provide robust, informed challenge and review to ensure our safe growth
• You have relevant experience gained within a bank, a consultancy, a credit rating agency, or a regulatory body
• Not ticking every box? That’s totally okay! Studies show that women and people of colour might hesitate to apply unless they meet every single requirement. At Monzo, we’re dedicated to creating a diverse and welcoming team
• If you’re passionate about this role and keen to learn and grow with us, we encourage you to apply— even if you don’t have everything that's listed just yet. Drop us your application, we’d love to hear from you!