At a Glance
- Tasks: Lead strategic objectives for UK, German, and Austrian markets in ALM.
- Company: Join a global financial institution with a focus on growth and innovation.
- Benefits: Enjoy flexible work with 2 days in the office and 3 days remote; car and accommodation provided if needed.
- Why this job: Be part of a crucial team impacting profitability and capital requirements in a dynamic environment.
- Qualifications: Bachelor's degree in Business, Finance, or related field; experience in Treasury or ALM required.
- Other info: Collaborate with senior managers and stakeholders to drive strategic funding objectives.
The predicted salary is between 43200 - 72000 £ per year.
2 days per week, 3 days at home (car and accommodation provided, if needed).
cer Financial are working with a global financial institution. They are growing and are looking for an ALM Manager who will be responsible for delivering key strategic objectives for the UK, German and Austrian markets.
The securitisation product is imperative to the profitability of the business - delivering both cost of funds and funds transfer pricing benefits as well as reducing the capital requirements of the business. In time, they expect the programme to grow significantly and reach approximately €5bn.
ALM are heavily involved in the management of the German deposits business. Currently, this is a product that provides €1bn of funding. The role of ALM is to report, set target-funding ratios, pricing proposals and work on various strategic aspects of the product.
This role encompasses both of these key activities. Other activities that this role covers are:
- Model governance and the calculation of retail prepayment rate for the purposes of risk management and pricing
- The forecasting of ABS transaction and deposit cost
In addition to the role specifics, the successful candidate will be involved in other aspects of the ALM environment: ie Interest Rate and Liquidity Risk Management, Funds Transfer Pricing.
The Manager, ALM will have no direct reports but will manage the workflow of the deliverables of the team set by the Senior Manager and will have to interact with many stakeholders within our organization. This will deliver the strategic funding objectives set by the company.
The Manager will work with the Senior Managers in the ALM team and the Head of ALM with specific focus on the following: Securitisations & model management.
The candidate will need:
- Treasury and/or Asset & Liability Management required
- Knowledge of Securitisation required
- Analytical capabilities, data manipulation and interpretation
- Bachelor's degree in Business, Finance, Accounting or related field preferred
Locations
ALM Manager in Redhill, Surrey employer: cer Financial
Contact Detail:
cer Financial Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land ALM Manager in Redhill, Surrey
✨Tip Number 1
Familiarise yourself with the specific financial products mentioned in the job description, particularly securitisation. Understanding how these products work and their impact on profitability will give you an edge during discussions.
✨Tip Number 2
Network with professionals in the ALM and treasury sectors. Attend industry events or webinars to connect with people who might provide insights into the company culture and expectations for the role.
✨Tip Number 3
Brush up on your analytical skills, especially in data manipulation and interpretation. Being able to demonstrate your proficiency in these areas can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your experience with interest rate and liquidity risk management. Be ready to share examples of how you've successfully navigated these challenges in previous roles.
We think you need these skills to ace ALM Manager in Redhill, Surrey
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in Treasury and Asset & Liability Management. Emphasise any specific projects or roles that involved securitisation, as this is a key requirement for the ALM Manager position.
Craft a Compelling Cover Letter: In your cover letter, explain why you are interested in the ALM Manager role and how your background aligns with the strategic objectives of the company. Mention your analytical skills and experience in managing funding ratios and pricing proposals.
Highlight Stakeholder Interaction: Since the role involves interacting with various stakeholders, include examples in your application that demonstrate your communication and collaboration skills. This could be from previous roles where you worked cross-functionally.
Showcase Relevant Education: If you have a Bachelor’s degree in Business, Finance, Accounting, or a related field, make sure to mention it prominently. If you have additional certifications or training related to ALM or securitisation, include those as well.
How to prepare for a job interview at cer Financial
✨Understand the Role and Responsibilities
Make sure you thoroughly understand the key responsibilities of the ALM Manager position. Familiarise yourself with terms like securitisation, funding ratios, and risk management. This will help you answer questions confidently and demonstrate your knowledge.
✨Showcase Your Analytical Skills
Since the role requires strong analytical capabilities, be prepared to discuss your experience with data manipulation and interpretation. Bring examples of how you've used these skills in previous roles, especially in relation to treasury or asset and liability management.
✨Prepare for Stakeholder Interaction
As the role involves interacting with various stakeholders, think about your communication style and how you can effectively convey complex information. Be ready to share examples of how you've successfully managed stakeholder relationships in the past.
✨Demonstrate Your Knowledge of the Market
Research the UK, German, and Austrian markets, particularly in relation to ALM and securitisation. Being able to discuss current trends and challenges in these markets will show your commitment and understanding of the industry.