Senior ALM Manager

Type: Permanent
Location: England - London
Industry: Financial Services - Banking
Specialism: Treasury
Salary: £80,000 – 95,000 plus benefits and bonus
Date Posted: 06/03/2024
Consultant: Jack Woodlock

One the UK’s fastest growing retail and corporate banks are looking to expand their Treasury team with the addition of a senior manager level hire whose focus will be primarily on Asset and liability management

Role Description

Design and implement ALM policies and activities to monitor and quantify balance sheet risks
Design and implement policies, controls and processes to enable capital optimisation and to help ensure the appropriate allocation of costs to business lines
Perform a key overall role in the Group’s ICAAP process and overall capital management
Develop the Group’s Pillar 2A IRRBB assessment, leading in all relevant PRA matters
Establish behaviouralisation analysis capabilities to inform IRRBB risk appetite limit setting and monitoring
Drive the implementation of an ALM system to support the automation of analytical and monitoring activities and the production of MI
Develop swap counterparty relationships and documentation (including ISDA / CSAs)
Establish hedging capabilities
Embed the pro-active management of the Bank’s asset and liability risks within the Group’s divisions
Model the Bank’s ALM positions, providing strong MI to contribute to business and strategy decision, compliant with PRA and other relevant regulatory requirements

Role Requirements

In depth knowledge and proven history of risk management and stress testing
Proven experience in managing EaR, EVE, Economic Value and overall stress testing, with a sound practical understanding of different risk methodologies
Proven experience in ICAAP development and documentation
Experience within UK retail banking and a deep understanding of the regulatory framework for IRRBB
Ability to work in a high-pressured environment, delivering practical solutions and dealing with ad-hoc requirements from start to delivery
Ability to assess and interpret regulatory policy, and communicate impacts to their businesses, senior management and committees
Ability to understand, analyse and assess impacts of upcoming changes to prudential regulation
Able to manage tight deadlines and manage projects / stakeholders with multiple dependencies

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Senior ALM Manager

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