The opportunity
We have an opportunity for a Treasury & Balance Sheet Risk Manager to join us on the exciting and rewarding path we are taking here at Castle Trust Bank. We pride ourselves in being a fintech challenger bank, providing specialist property mortgages, retail finance lending and savings accounts to a variety of customers.
This is a unique opportunity to join our Risk team to lead on the development of a comprehensive 2nd line capability to monitor and manage risks arising in the Treasury function and the overall Balance sheet of Castle Trust Bank, covering: Capital; Liquidity; Market (Interest Rates); Wholesale Credit; Accounting Volatility (behavioural and rates).
You will maintain a robust risk framework, ensuring effective policies, limits and oversight across key risk drivers. This includes managing and challenging risk models, supporting regulatory submissions, and delivering clear reporting to ExCo and the Board. You’ll collaborate with Treasury, Finance and risk colleagues to provide strong first and second line challenge and drive effective risk management across the organisation.
The role will be on a hybrid working arrangement, 3 days a week from our London office and the rest of the week from home.
What we are looking for in you…
Minimum requirements:
- Demonstrable experience working in the Treasury function of a retail bank and / or consultancy servicing the same
- Strong understanding of IRRBB risk
- Understanding of Liquidity risk, including PRA requirements in the context of a small-medium sized bank
- Proven ability to negotiate and influence
- Strong numeracy skills and exposure to modelling / data / analytics
- Effective presentation skills
Desirable requirements:
- Exposure to Accounting Volatility risk arising from models, assumptions and market indices embedded into accounting valuations
- Understanding of Accounting volatility
- Understanding of Capital risk including PRA requirements in the context of a small-medium sized bank
- Understanding of Model Risk Management approaches
- Understanding of Counterparty Credit Risk Management
- Exposure to a small / medium size bank culture
- Relevant postgraduate degree or professional qualification
What’s in it for you…
As well as a competitive salary, we offer an annual performance related bonus (up to 10% of base salary) based on individual and company performance. In addition, a generous contributory pension scheme through Hargreaves Lansdown, life assurance, 25 days annual leave (plus bank holidays on top) with the option to buy/sell up to 5 additional days (terms apply). In addition, you will receive an extra day paid annual leave for Volunteering.
Wellbeing is also high on our agenda, and we offer private healthcare through Equipsme. In addition, all colleagues have free access to BHFS Rise EAP to support their health and wellbeing. We also offer free eye test vouchers and discounted gym membership, and if that’s not enough, we also offer season ticket travel loans (if applicable).
Caught your attention? If so, we’d love to talk to you and tell you more about what it’s like to work at Castle Trust Bank – The Place To Work!
Castle Trust Bank is an equal opportunity employer where we celebrate diversity and are committed to creating an inclusive environment for all our colleagues to thrive. We welcome applications from all and will not discriminate against any status/characteristic protected by law and will always base our decisions on merit.
We are proud to support people with disabilities and are committed to be a Disability Confident employer. If you are a person with a disability and meet the minimum criteria for the role you will be offered an interview. Should you require any reasonable adjustment to support you in your application for one of our opportunities, please contact [email protected]
Check out our careers page: https://www.castletrust.co.uk/careers/who-we-are
What We Do
Traditional financial service providers are often burdened with costly overheads including expensive branch networks, inflexible technology and huge armies of people. At Castle Trust Bank, we keep our overheads to a minimum and we use savings proceeds to fund our lending solutions. In the past, we offered investment products to our customers which proved very popular. As a bank, we now offer savings accounts, giving our customers the added benefit of FSCS protection for their deposits. Our history means that we have a strong understanding of what our customers need and have built our savings range with those customers and their needs front of mind. In a complex world, we strive for openness and clarity. We place the highest importance on treating our customers fairly not just because it's the right thing to do but because we know that the trust of our customers is crucial to our future success. We recognise that for many mortgage customers, traditional solutions don't cut the mustard. These customers can often have high quality assets but unconventional income and so find it difficult to borrow at reasonable rates and on sensible terms. What experienced buy to let investors need is lending with imagination. They need a lender that recognises cash flow and net worth are not the same thing. They need a lender that is flexible in their approach and makes considered, logical decisions. Castle Trust Bank is that lender. We also offer point of sale finance through our Omni Capital Retail Finance arm. Partnering with retailers nationwide, we support their business by offering finance plans to their customers. OmniPort technology gives retailers paperless credit approval which fits seamlessly with their sales processes and customers can use our dedicated customer portal to keep up to date with their loans
