Job Description

Hello, we're Starling. We built a new kind of bank because we knew technology had the power to help people save, spend and manage their money in a new and transformative way. We're a fully licensed UK bank with the culture and spirit of a fast-moving, disruptive tech company. We're a bank, but better: fairer, easier to use and designed to demystify money for everyone. We employ nearly 4,000 people across our London, Southampton, Cardiff and Manchester offices.

We are looking for a talented Impairment Analyst to join our Impairment, Economics & Forecasting team. The team is responsible for calculation and reporting Starling's impairment position, assessment and selection of economics forecasts used across Starling, and stress testing existing asset portfolios & assessing risk of new acquisitions. If you have experience in credit risk, stress testing, or impairment, and are eager to join a team that plays a vital role in credit risk management, we want to hear from you!

As an Impairment Analyst, you will be responsible for:

Assisting with the bank's stress testing capabilities for the lending portfolio. Experience with wholesale credit portfolios is beneficial, but not essential. Providing valuable insights to any new portfolio acquisitions, assessing whether the portfolio's risk is appropriately priced, and potential losses experienced in a stress. Supporting the team in an analytical capacity, working on deep dives of the existing portfolios to understand any emerging risks. Completing regular reporting to drive insight into portfolio performance Champion compliance with the UK capital and impairment regulatory regime Build strong stakeholder relationships, both with internal and key external contacts Look to identify opportunities to make proactive changes to enhance the current reporting process of stress testing and forecasting. Design and actively seek to improve policies, processes, procedures and workflows.

Requirements:

Prior experience working in credit risk is essential, where a strong understanding of stress testing different lending products would be beneficial. Financial modelling skills, such as the ability to develop cash flow models, are beneficial. An understanding of economic forecasts, and how these translate into portfolio stresses, is beneficial. Experience in Python & SQL and strong data manipulation skills. Ability to write and review clean, well-documented code in a collaborative development Excellent influencing, interpersonal and communication (written and verbal) skills Highly numerate, with a relevant degree and excellent analytical skills Highly organised, with the ability to deliver to deadlines and manage conflicting priorities within a dynamic environment

Benefits:

25 days holiday (plus take your public holiday allowance whenever works best for you) An extra day's holiday for your birthday Annual leave is increased with length of service, and you can choose to buy or sell up to five extra days off 16 hours paid volunteering time a year Salary sacrifice, company enhanced pension scheme Life insurance at 4x your salary Private Medical Insurance with VitalityHealth including mental health support and cancer care. Partner benefits include discounts with Waitrose, Mr&Mrs Smith and Peloton Generous family-friendly policies Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks Access to initiatives like Cycle to Work and Salary Sacrificed Gym partnerships

About Us

You may be put off applying for a role because you don't tick every box. Forget that! While we can't accommodate every flexible working request, we're always open to discussion. So, if you're excited about working with us, but aren't sure if you're 100% there yet, get in touch anyway.

We're on a mission to radically reshape banking - and that starts with our brilliant team. Whatever came before, we're proud to bring together people of all backgrounds and experiences who love working together to solve problems.

Starling Bank is an equal opportunity employer, and we're proud of our ongoing efforts to foster diversity & inclusion in the workplace. Individuals seeking employment at Starling Bank are considered without regard to race, religion, national origin, age, sex, gender, gender identity, gender expression, sexual orientation, marital status, medical condition, ancestry, physical or mental disability, military or veteran status, or any other characteristic protected by applicable law.

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