At a Glance
- Tasks: Join a dynamic team to manage interest rate risks and support financial strategies.
- Company: Be part of a fast-growing challenger bank in London, redefining the banking experience.
- Benefits: Enjoy hybrid working flexibility and a collaborative work environment.
- Why this job: Make an impact in finance while developing your skills in a supportive culture.
- Qualifications: Strong quantitative skills and experience in risk management or ALM are essential.
- Other info: Work closely with various teams and present findings to senior committees.
The predicted salary is between 48000 - 72000 £ per year.
This is a new Senior Treasury ALM Analyst role at a fast growing challenger bank based in London. This role offers hybrid working flexibility.
They will also work in partnership with Finance and Risk to ensure that the identified risks are reported in an accurate and timely fashion.
- Asset and Liability Management
Working with the various businesses to identify, and manage, interest rate risk exposures arising from their products. This includes working with the businesses to review business assumptions and key risk indicators and presenting any findings, and recommended actions, to business Risk Committees and ALCO.
Propose trades to hedge the interest rate risk that arises on the business balance sheets and ensure that the intercompany funding process operates effectively.
Work with the business to evolve behavioural modelling on assets and liabilities, to inform interest rate risk measurement and liquidity treatment.
Work closely with the ALM Risk team to ensure that the risk position is well understood and captured in Risk metrics.
Produce and develop MI that shows the effectiveness of the Treasury hedging programme.
Document key assumptions, risk drivers and limitations of models used for ALM scenarios and key stress tests.
Support the production of ad-hoc analysis and special papers to be presented at Treasury committees.
The candidate will be expected to work closely and proactively with managers at all levels as well as liaising with other Treasury, Finance and Risk representatives.
Support the Treasury BSM team where necessary to ensure high quality delivery of team responsibilities that cover managing IRRBB, liquidity and funding.
- Conduct, Risk and Compliance
Ensure that all Governance and Compliance requirements are adhered to and all reporting and reviewing activities required by the Regulatory Bodies are carried out to the standards required.
Understand the risks and challenges associated with IRRBB, including the required aspects for regulatory rules.
Able to quickly establish strong working relationships with business, Treasury, Finance and Risk managers across the Group.
Excellent quantitative skills – ideally with risk management experience.
Able to manage work requests working to tight timescales whilst maintaining quality.
Financial modelling skills and techniques for both treasury and banking products would be a plus.
Experience in ALM, BSM, NTMR or IRRBB within retail banking.
Good understanding of different asset and liability products offered and their distinct finance behaviours and characteristics.
Senior Treasury Analyst - Hybrid Working employer: JSS Search
Contact Detail:
JSS Search Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Treasury Analyst - Hybrid Working
✨Tip Number 1
Familiarise yourself with the latest trends and regulations in Asset and Liability Management (ALM) and Interest Rate Risk in the Banking Book (IRRBB). This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a fast-evolving field.
✨Tip Number 2
Network with professionals in the treasury and risk management sectors. Attend industry events or webinars to connect with people who work in similar roles. This can provide valuable insights and potentially lead to referrals for the position.
✨Tip Number 3
Prepare to discuss specific examples of how you've managed interest rate risk or contributed to ALM strategies in your previous roles. Being able to articulate your experience clearly will set you apart from other candidates.
✨Tip Number 4
Showcase your quantitative skills by brushing up on financial modelling techniques relevant to treasury and banking products. Being able to demonstrate these skills in practical scenarios during discussions can significantly enhance your candidacy.
We think you need these skills to ace Senior Treasury Analyst - Hybrid Working
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in Asset and Liability Management (ALM) and risk management. Use specific examples that demonstrate your quantitative skills and any previous work with interest rate risk exposures.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with the responsibilities outlined in the job description, particularly your experience in financial modelling and working with Treasury teams.
Highlight Key Skills: Emphasise your ability to manage tight deadlines while maintaining quality. Mention any specific tools or techniques you are familiar with that relate to treasury and banking products, as well as your understanding of regulatory requirements.
Showcase Collaboration Experience: Since the role requires working closely with various teams, provide examples of how you've successfully collaborated with finance, risk, or treasury departments in the past. This will demonstrate your ability to build strong working relationships across different levels.
How to prepare for a job interview at JSS Search
✨Understand the Role and Responsibilities
Make sure you have a solid grasp of what the Senior Treasury Analyst role entails. Familiarise yourself with asset and liability management, interest rate risk exposures, and the specific responsibilities mentioned in the job description. This will help you articulate how your skills align with their needs.
✨Prepare for Technical Questions
Given the quantitative nature of this role, be ready to discuss your experience with financial modelling, risk management, and ALM practices. Brush up on key concepts related to interest rate risk and liquidity treatment, as well as any relevant regulatory requirements.
✨Showcase Your Collaboration Skills
This position requires working closely with various teams, so be prepared to share examples of how you've successfully collaborated with finance, risk, or treasury teams in the past. Highlight your ability to build strong working relationships and communicate effectively across departments.
✨Demonstrate Problem-Solving Abilities
The role involves identifying risks and proposing solutions, so think of instances where you've tackled complex problems in your previous roles. Be ready to discuss your thought process and how you arrived at your recommendations, especially in high-pressure situations.