Risk Reporting Officer, Starling
12 Month Fixed-Term Contract
1-5 days a week in office
Mobile-first bank offering personal, joint and business accounts
Be an early applicant
Mobile-first bank offering personal, joint and business accounts
1001+ employees
Be an early applicant
1-5 days a week in office
1001+ employees
Company mission
To solve our customer's problems - and build the best bank in the world.
Role
Who you are
- Previous demonstrable experience in organising, designing and facilitating reporting risk
- Applicable knowledge of risk management in the financial services
- Good stakeholder management and relationship building
- Analytical and logical skills; exemplary attention to detail
- Awareness of good corporate governance principles and practices
- Adaptable to changing priorities with strong planning, prioritisation and organisational skills
- Comfortable with handling, transforming and visualising large amounts of data
- A proven problem solver who is committed to continuous improvement
What the job involves
- Please note, this is a 12-month fixed term contract
- The Risk Reporting Officer will work alongside the Head of Risk Strategy & Reporting and the Senior Risk Reporting Manager in the management, collation and review of risk papers, reports and presentations to committees, including organising and coordinating timely input from relevant departments and Risk teams
- You will help to ensure that risk information and analysis is properly represented and understood across Starling Group, including developing and re-designing reporting to committees as required
- The role will involve the end-to-end lifecycle of committee reporting; setting agendas and communicating with the committee chairs, managing relationships across all three lines of defence to bring together the risk information, and subsequent punctual circulation
- Coordinate the reporting cycle for papers to sub-executive risk committees namely; agenda-setting, supporting report production, reviewing to ensure quality standards, with occasional presentation
- Maintain committee forward plans and engage with stakeholders to provide timely notification of paper requests
- Liaise with the Company Secretariat team to maintain committee action logs and assist senior Risk stakeholders to provide timely updates on progress with committee actions
- Assist with the production and analysis of risk MI for reporting to committees
- Champion good corporate governance on behalf of the Risk Reporting Function, including maintaining terms of reference, documenting processes, maintaining audit trails and capturing data points
- Input to the design and development of reporting across all risk sub-categories
- Drive the use of data in decision-making across Starling through analysing existing metrics and data; and
- Ensure the quality, accuracy and timeliness of risk reporting to committees
Our take
Starling started life focused on consumer banking, it has since found most of its success by competing in the business banking space. Its caught up with Tide and beaten the likes of Monzo and Revolut to a more complete offering for businesses.
This progress resulted in the company receiving a £100M grant in April 2019 from a body created to boost competition in SME banking, which it has used to accelerate building a full suite of digital banking products: intelligent forecasting tools, and digitally-enabled relationship management functions, as well as lending products. Since then, it has gone on to raise significant rounds of funding with leading investors such as Goldman Sachs.
As well as continuing to expand in the UK, its expanding in Europe. And its imminently launching an international bank in Dublin, which has allowed it to offer its current account across the European Union post-Brexit
Banking for small businesses has historically been ignored, even though the experience is poor. Starling is in tune with knowing what its customers want, and continues to build out its range of third-party products within its banking app thanks to support from its open API. Having achieved profitability, it currently has 26 integrations, including Xero, but that figure continues to grow.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 11 rounds)
Apr 2022
$175.4m
LATE VC
Jun 2021
$47.1m
LATE VC
Total funding: $1.2bn
Company benefits
- Time off: 25 days holiday, plus your birthday as an extra freebie. You can also opt out of bank holidays and take them when works for you!
- Health insurance: Private health insurance with Vitality Health, one of the UK's leading private medical insurers
- Pension scheme
- Paid volunteering leave: We encourage all our employees to give back. You can take up to 16 hours paid leave a year, specifically to help causes meaningful to you
- Gym & cycle to work schemes: We offer discounted gym memberships and cycle to work schemes through salary sacrifice
- Perkbox: For a wide range of retail, entertainment and leisure discounts (as well as cash back) at a huge variety of businesses
Company HQ
Spitalfields, London, UK
Articles
Leadership
Anne Boden
(Founder)Held senior roles in finance over a 30 year career, including COO for AIB and Head of EMEA for RBS. Was CEO of the company for 9.5 years.
Raman Bhatia
(Group CEO)Previously CEO of OVO, Board Member at Bud, Head of Digital Bank (UK) at HSBC and VP at HouseTrip, among other roles.
Diversity, Equity & Inclusion at Starling
Manuela Torrijos-Simon (Group Financial Controller)
- In the spirit of Aiming for Greatness and Doing the Right Thing, we want to be the bank with the best approach to Diversity and Inclusion
- The Always Open Forum at Starling empowers employees to come together and own their areas of interest, supporting their agenda both internally and externally
- The forum creates a safe space for conversations about all Diversity and Inclusion topics, with the spotlight currently on 3 focus areas; Race and Ethnicity, LGBTQ+ and Mental Health.
- We’re about to launch a new group to support Disability, and all of these teams help bring Starlings together to improve our workplace
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