ALM & Liquidity Risk Manager

Job Title: ALM & Liquidity Risk Manager - UK

Location: United Kingdom

Salary: Competitive Salary + Other Benefits

The role is responsible for Balance Sheet Management, covering ALM and Liquidity & Funding Risk and the requisite dealing activities. This role is central to optimizing the balance sheet, managing financial risk and driving improved returns. The role ensures that risk and performance outcomes across the Bank are optimized, and is required to own key financial risk strategies, and ensure a strong control environment while supporting the broader treasury and business strategy.

• Overall ALM & Balance Sheet Management and liquidity risk management.
• Managing daily cash balances, surplus cash and monitoring the money market to maximise revenue opportunities for the Bank.
• Managing and maintaining client relationships with key market contacts, and business development across Money Market, Brokerage and Treasury Sales.
• Ensuring transactions are executed in an efficient and compliant manner, including confirmation, settlement and accurate recording of all treasury deals.
• Align the Bank ALM and Treasury strategies to the international financial, economic, political and social trends and market developments ensuring business optimisation and overall compliance
• Gathering and analysing data to support proposals and decisions related to asset and liability management.
• Monitoring and reporting on interest rate risk, liquidity risk, and operational risk, developing strategies to mitigate these risks.
• Working with various stakeholders, including the Group Asset/Liability Desk to share data/information and to ensure alignment of investment strategies with financial obligations [identifying funding gaps and proposing strategies to breach such gaps].
• Preparing reports and presentations for senior management regarding the financial position and risk exposure of the organization.
• Overseeing the development of models that evaluate the Bank’s asset/liability strategy and profitability studies.
• Driving the ALCO process and acting as ALCO secretary
• Maintain, develop and enhance the Front Office processes, procedures and controls in line with the current regulatory framework.
• Act as First Line of Defence in the risk management framework to anticipate, identify and manage potential operational risks.

Technical experience requirements:

• Understanding deal execution, basis dealing terms and business/risk implications of each deal executed
• In-depth knowledge and experience of ALM including familiarity with ALM tools, MIS and strategies
• Proven knowledge of the dynamics of the credit markets and the factors influencing price movements
• In-depth understanding of the correlation between assets and liabilities and ability to propose strategic decisions that will support sustainable growth and profitability.
• Basic understanding of the balance sheet and the interplay of assets and liabilities to achieve efficiency.
• Proven Experience in a Financial Services (treasury or banking) environment with exposure to the Treasury Products
• Advanced IT skills including Word, Excel and PowerPoint.
• Knowledge of cash management, the finance market and banking processes
• Strong analytical skills, proficiency in financial modeling, and excellent communication abilities are essential. Familiarity with regulatory requirements and risk management practices is also important.

General experience and background experience for successful execution of the role:

• Banking and asset/liability management/trading experience, particularly in a UK-based foreign owned Institution
• Excellent numerical and analytical skills
• Excellent writing and presentation skills

• University degree or equivalent in Finance, Accounting, Business or Economics

Awareness and understanding of the wider business, economic and market environment in which the Bank operates:

• Knowledge of the competitive environment and reach of the Bank – countries, customers and competitors
• Focus on competitor offerings
• Knowledge of Customer needs
• Wider banking and regulatory knowledge