Treasury Asset and Liability Manager

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We are looking for a detail-oriented & collaborative Treasury Asset and Liability Manager (ALM) to play a key role in enhancing Treasury's balance sheet management capabilities and reporting. This is an important role for us, which will work across the Treasury, Finance, and Risk functions.

About the role:

We are hiring a Treasury Asset and Liability Manager who will be responsible for designing and setting up the relevant methodology, policies, and procedures, developing configuration in the Asset Liability Management system (MORS) related to Balance Sheet Management, including an efficient, transparent, and effective Funds Transfer Pricing methodology and platform to measure product risk and profitability through the lens of Liquidity, Funding, and Interest Rate risks.

This role will also be accountable for contributing to the ICAAP and ILAAP processes and assessments, reviewing behavioural analysis, and limit setting.

1. Overseeing and reporting performance metrics into governance committees and forums
2. Assisting with developing ALM policies and procedures and performing control monitoring
3. Ensuring appropriate oversight of balance sheet and off-balance sheet new and existing products and their impacts on IRRBB and Liquidity metrics is accurately captured
4. Engaging with the wider Finance team on Bank Profitability activities
5. Owning the configuration of the ALM system
6. Ensuring policy and procedures documentation is in line with the requirements
7. Managing and reporting liquidity, funding, and IRRBB metrics in a timely manner
8. Helping to innovate and improve the effectiveness of the liquidity management framework and risk management processes to ensure they work for Monzo
9. Fostering positive and collaborative relationships with all stakeholders
10. Contributing to the development and implementation of stress testing activities related to interest rate risk, liquidity, funding risk, and CSRBB measurements
11. Having an understanding of Treasury processes and risk management activities
12. Experience in Treasury modelling and methodology designs
13. Ability to apply strategic thinking and planning skills to formulate, execute, and translate business strategy to determine priorities and goals
14. Knowledge and experience of the ALM system and required configurations
15. Demonstrating leadership and ability to initiate and drive Treasury initiatives
16. In-depth understanding of risks embedded in different banking book products
17. Proven experience within a regulated financial institution/retail bank environment
18. Strong awareness of the wider business, economic, and regulatory environment
19. Excellent facilitation skills to assess needs and views of product owners and senior management regarding product profitability
20. Excellent relationship-building skills to listen, influence, present, and communicate with internal and external stakeholders

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 listed just yet. Drop us your application, we'd love to hear from you!

What's in it for you

This role can be based in our London office, but we're open to distributed working within the UK (with ad hoc meetings in London).

We offer flexible working hours and trust you to work enough hours to do your job well, and at times that suit you and your team.

£1,000 learning budget each year to use on books, training courses, and conferences.

We will set you up to work from home; all employees are given Macbooks, and for fully remote workers, we will provide extra support for your work-from-home setup.

The application journey has 4 key steps

1. Initial Interview with the Hiring Manager
2. Role Specific Interview
3. Behavioral Interview
4. Final Leadership Interview

This process should take around 4 weeks - your schedule is really important to us, so we promise to be as flexible as possible!

We have some guidelines on using Artificial Intelligence (AI) to ace an application and interview at Monzo. You can read them here.

You'll hear from us throughout the application process, but if you've got any questions, please reach out to . You can also use this email address to let us know if there's anything we can do to make the process easier for you because of disability, neurodiversity, or anything else.

We'll only close this role once we have enough applications for the next stage. Please submit your application as soon as possible to make sure you don't miss out.

Equal opportunities for everyone

Diversity and inclusion are a priority for us, and we're making sure we have lots of support for all of our people to grow at Monzo. We're embracing diversity by fostering an inclusive environment for all people to do the best work of their lives with us. This is integral to our mission of making money work for everyone. You can read more in our blog, 2024 Diversity and Inclusion Report, and 2024 Gender Pay Gap Report.

We're an equal opportunity employer. All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, or veteran, neurodiversity, or disability status.

If you have a preferred name, please use it to apply. We don't need full or birth names at the application stage.