SCUK ALM Analyst

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SCUK ALM Analyst

Country:
United Kingdom

Santander Consumer Finance is one of the UK's Leading Motor Finance companies and we are currently looking for an ALM Analyst to be responsible for the analysis and management of Santander Consumer UK (and associated Joint Venture's) structural risks (liquidity (LR) and Interest Rate Risk (IRR))
The scope of the role encompasses all SCUK Group entities, including Hyundai Capital and Volvo.
Please note this role is a hybrid role with at least 3 days a week in the Redhill office. Remote workers will not be considered.
Responsibilities will include:
Compilation and analysis of liquidity and interest rate risks both at an entity and consolidated level
Production of intuitive forecasting and estimation for main IRR and LR metrics
Understanding of models used to assess interest rate risk within the business
Knowledge of balance sheet and how interest rates can impact SCUK's assets and liabilities and the ability to recognise these patterns and report appropriately to management
Knowledge of market movements and regulatory changes with the ability to update management as and when needed. Liaise with business areas on products and business trends
Awareness of market rates (SONIA/OIS), their drivers and ensuing impact on the business
Understanding of market value of equity and net interest income impact within the business' balance sheet. Their key drivers and influence on other parts of the business/finance
Production of SCUK's and JV's ALM metrics used for management purposes, ensuring all models are accurate and adhere to SCF HQ and local policies
Production/coordination of the monthly ALCO working paper, providing key analysis regarding macroeconomic changes, and industry-led data for committee member's perusal
Monitoring hedging transactions across the business and JVs. Monthly Oracle One Reporting
Support the Head of ALM and CFO to implement and strategize corporate ALM projects; including but not limited to interest rate strategy, derivative hedging strategy and liquidity management
Strong coordination and communication with local Market Risk, and Finance teams, along with JV partners and stakeholders within SCF HQ and SANUK
Cross-train into the Treasury Analyst role. Being able to competently carry out daily cashflow forecasts and close Treasury for SCUK and all its JV partners. Effectively cover the Treasury Analyst role on any holidays or as and when required
Completion of Murex reports on a daily/monthly basis. Ensuring all reports are accurate, and when required, are updated accordingly. The creation of new reports, with the help of Murex IT teams, to complete any outstanding reporting requirements
The creation of Hedge Accounting reports and procedures as and when required; assisting Finance and Risk teams to understand Murex outputs and any reporting queries they may have
Assist Securitisation team with ad-hoc queries/tasks, effectively bridging the gap between ALM & Securitisation functions
Monitor the sensitivity and risk limits in alignment with the business Risk Appetite
Working with the Head of ALM to complete P-process and Budget. Completion of all SCF HQ reporting packs
Working with the Head of ALM to assist in ILAAP process and completion of monthly reporting to SanUK
Accurate loan profiling and month end execution of SCUK and JV funding needs with the trading desk
When required assist in the execution of Interest Rate Swaps, understanding their impact on the business and all reporting requirements
Carry out any other tasks from time to time as may reasonably be requested within the ALM & Treasury function
Adhering to our commitment to Consumer Duty ensuring we put our customers' needs first and set higher and clearer standards of consumer protection

What we're looking for:

Finance and Economics knowledge and how markets impact hedging and swap prices.
Knowledge of motor finance industry and its main drivers
Excellent excel skills with preferred VBA knowledge
System knowledge…