Treasury Risk Manager

EngineersOfAI; Greater London, Cardiff; Hybrid; GBP 63,800 - 80,650; Full time

Benefits offered by this job

Incentive Awards tied to performance

Benefits package

Job summary

EngineersOfAI seeks a Manager for their Treasury Risk Oversight team in London, Cardiff, or Remote (UK). This role involves overseeing a £9.5bn portfolio, conducting independent credit reviews, and collaborating with Treasury Markets.

The ideal candidate will have experience in retail bank treasury holdings, working knowledge of FX market products, and the ability to use Bloomberg for credit analysis. A strong analytical mindset and excellent communication skills are essential for success in this position.

Qualifications

• Experience in retail bank treasury holdings including Sovereign debt, Covered Bonds, ABS, and CLOs.
• Understanding of FX market products, repos, and interest rate hedging tools.
• Hands-on experience using Bloomberg for credit and market analysis.
• Ability to leverage rating agency data and stress testing.
• Strong analytical, communication, and collaboration skills.

Responsibilities

• Oversee our growing Treasury investment portfolio.
• Partner with Treasury Markets for second-line oversight.
• Conduct independent credit reviews and resilience testing.
• Monitor and challenge new investment initiatives.
• Utilize Bloomberg, rating agency data, and stress testing for credit views.

Skills

Sovereign debt

Covered Bonds

ABS

CLOs

FX market products

Credit analysis using Bloomberg

Technical stress testing

Job description

Our Prudential Risk team

London OR Cardiff OR Remote (UK) | £63,800 - £80,650 + Incentive Awards tied to your performance + benefits

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. By joining the Treasury Risk Oversight team, you will champion our value to "grow Monzo safely". Your focus will involve collaborating with 1st Line Treasury Markets to provide expert second‑line oversight of their increasing investment activities and execution controls.

In this role, you will partner with Treasury Markets as they oversee a £9.5bn 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.

Key responsibilities

• Overseeing our growing Treasury investment portfolio
• Partner with Treasury Markets to provide second‑line oversight of investment activities and execution controls.
• Conduct independent credit reviews, resilience testing, and collateral oversight.
• Monitor and challenge new investment initiatives and current portfolio performance.
• Leverage Bloomberg, rating agency data, and technical stress testing to build credit views.

Qualifications

• Experience in retail bank treasury holdings: Sovereign debt, Covered Bonds, ABS, CLOs.
• Knowledge of FX market products, repos, and interest rate hedging tools.
• Hands‑on Bloomberg usage for credit and market analysis.
• Ability to use rating agency data and stress testing.
• Strong analytical, communication, and collaboration skills.