Asset & Liability Management; ALM Modelling Manager

Join us as an Asset & Liability Management (ALM) Modelling Manager

• This is a great opportunity to put your financial analysis and modelling skills to great use as you develop and manage our business models
• We’ll look to you to use modelling software and provide meaningful insight to make sure that we’re capable of projecting and analysing risks to financial performance under different economic environments
• You'll be well positioned to raise your profile, with the chance to collaborate with highly skilled colleagues across the Finance community
• You'll work from home some of the time, but you'll also spend two days a week minimum working from our London office

This key role will see you modelling, monitoring and managing the non-traded interest rate risks within our Treasury function and across the business. You’ll be delivering a view of interest rate exposure for both internal and external stakeholders, covering regulatory requirements and internal management specifications.

Working closely with the business, you’ll define reporting requirements and understand any underlying drivers to help you prepare a consolidated view of the bank’s exposure to interest rate risk in the banking book (IRRBB).

Your role will also involve:

• Building financial models on our ALM platform, delivering these into production and aligning with best practices
• Providing insight to support hedging decisions and margin improvement initiatives
• Analysing how specific macroeconomic scenarios impact on key net interest income drivers, making sure these assumptions are reflected in the models
• Highlighting how economic scenarios impact on forecast pricing, volume and business
• Validating the inputs and results of the models, with a full understanding of the assumptions used and the sensitivity of outputs to changes in those assumptions

To join us in this role, you’ll need qualified experience in a banking or treasury environment. You should have a full understanding of industry and treasury products, the inherent risks that these generate and the instruments that can be used to hedge these risks. You will also be comfortable understanding the potential impact of changes in the macroeconomic environment on customer behaviour, and translating this into a financial impact.

With excellent financial analysis and modelling skills, you’ll be able to build asset and liability models in simulation packages and manipulate and analyse large volumes of data.

We’ll also expect:

• A strong awareness of the regulatory or accounting context
• Good knowledge of retail and wholesale products and the interest rate risk associated with product features
• Relevant experience using ALM modelling software and platforms such as QRM, FIS BSM and FOCUS
• Strong interpersonal and communication skills
• A proven track record of building productive relationships with stakeholders across different teams and levels