Senior ALM Manager

Responsibilities

• Monitor, measure, and manage structural risks in the balance sheet, including liquidity, funding, and IRRBB.
• Develop and maintain structural hedging strategies.
• Optimise asset-liability mismatches to support sustainable growth.
• Analyse repricing gaps and sensitivity of Net Interest Income (NII) and Economic Value of Equity (EVE).
• Propose hedging strategies (derivatives, swaps, etc.) to manage structural interest rate exposures.
• Ensure modelling assumptions (e.g., deposit behaviour, prepayment rates) remain robust and up to date.
• Support the design and maintenance of the FTP framework.
• Provide recommendations to business lines on pricing and profitability.
• Produce regular ALM dashboards and reports for ALCO, Risk committees and regulators.
• Present findings and recommendations to senior management.
• Ensure compliance with PRA, BoE, and Basel regulatory requirements.
• Work closely with Treasury, Finance, Risk, and business lines to ensure alignment of strategies.
• Contribute to stress testing, ICAAP, ILAAP, and Recovery & Resolution planning.

Requirements

• Strong understanding of balance sheet management, liquidity risk, IRRBB, and capital management.
• Solid knowledge of PRA/BoE regulatory requirements (LCR, NSFR, IRRBB, ICAAP, ILAAP).
• Experience with ALM modelling systems (e.g., QRM, Empyrean, Kamakura, Prometeia).
• Analytical mindset with strong quantitative and problem-solving skills.
• Ability to communicate complex concepts clearly to senior stakeholders.
• Strong organisational and project management skills.
• Bachelor’s degree in Finance, Economics, Mathematics, or related discipline (Master’s preferred).
• Professional qualifications (e.g., CFA, ACT, FRM, BTRM) are highly desirable.
• Vast experience in Treasury, ALM, Risk, or related areas within banking.
• Demonstrated track record of managing balance sheet risks in a regulated environment.

#J-18808-Ljbffr…