At a Glance
- Tasks: Lead the ALM function, manage balance sheet risks, and enhance regulatory frameworks.
- Company: Join a leading Building Society focused on financial stability and risk management.
- Benefits: Enjoy remote work flexibility and the chance to make a significant impact.
- Why this job: This role offers leadership opportunities and the chance to shape best practices in ALM.
- Qualifications: Professional accounting or treasury qualification with expertise in ALM regulations required.
- Other info: Immediate start for an initial 6-month interim position.
The predicted salary is between 54000 - 84000 £ per year.
Title: Interim Head of ALM Location: Remote Job type: Immediate start, interim inside IR35, initial 6 months duration Gresham Hunt are representing a leading Building Society in their search fro an experienced Treasury professional to lead their Asset and Liability Management (ALM) function for an initial 6 month period. This role involves advising stakeholders on best practices, enhancing risk and regulatory frameworks, and ensuring effective management of balance sheet risks. The ideal candidate will bring strong operational expertise, leadership skills, and the ability to work collaboratively across functions and with senior leadership. Key Responsibilities Oversee monitoring, management, and reporting of balance sheet risks (liquidity, interest rate, capital). Develop and manage regulatory documents (ILAAP, ICAAP, Recovery Plan) and stress testing models. Enhance ALM processes, policies, and reporting for improved risk management and efficiency. Manage ALCO reporting, including agenda planning, action tracking, and document distribution. Management for one direct report (Treasury Middle Office Analyst) Serve as Treasury Risk Champion, maintaining the risk register and supporting audits. Provide subject matter expertise on ALM regulations and lead training initiatives. Requirements: Professional accounting or treasury qualification. Expertise in ALM regulatory requirements and stress testing in financial services. Proven experience improving ALM functions and implementing best practices. Strong stakeholder management and communication skills. Experience producing regulatory documents and engaging with regulators. Advanced proficiency in Excel and managing large datasets. Collaborative, self-motivated and adaptable under pressure. Desirable Knowledge of ALM systems (e.g., ALMIS) and transformation processes. Experience with building society operations and Basel 3.1 requirements. Leadership and team development experience. evie.mitchell@greshamhunt.com
Interim Head of ALM employer: Gresham Hunt
Contact Detail:
Gresham Hunt Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Interim Head of ALM
✨Tip Number 1
Make sure to highlight your experience with ALM regulatory requirements and stress testing in financial services during networking opportunities. Engage with professionals in the industry through LinkedIn or relevant forums to showcase your expertise.
✨Tip Number 2
Prepare to discuss specific examples of how you've improved ALM functions in previous roles. This will demonstrate your operational expertise and ability to implement best practices, which are crucial for this position.
✨Tip Number 3
Familiarize yourself with the latest trends and challenges in balance sheet risk management. Being knowledgeable about current issues will help you engage effectively with stakeholders and show that you're proactive in your approach.
✨Tip Number 4
Since this role involves managing a direct report, think about your leadership style and how you can support team development. Be ready to share your thoughts on fostering collaboration and adaptability within a team setting.
We think you need these skills to ace Interim Head of ALM
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly understand the responsibilities and requirements of the Interim Head of ALM position. Highlight your relevant experience in treasury management, risk assessment, and regulatory compliance in your application.
Tailor Your CV: Customize your CV to emphasize your operational expertise and leadership skills. Include specific examples of how you've improved ALM functions and engaged with stakeholders in previous roles.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of ALM processes and your ability to enhance risk management frameworks. Mention your qualifications and how they align with the needs of the building society.
Highlight Relevant Skills: Make sure to highlight your advanced proficiency in Excel and experience with large datasets. Discuss any knowledge you have of ALM systems and your experience with regulatory documents, as these are key for the role.
How to prepare for a job interview at Gresham Hunt
✨Showcase Your ALM Expertise
Be prepared to discuss your experience with Asset and Liability Management in detail. Highlight specific examples where you've improved ALM functions or implemented best practices, as this will demonstrate your operational expertise.
✨Prepare for Regulatory Discussions
Since the role involves developing regulatory documents like ILAAP and ICAAP, familiarize yourself with these frameworks. Be ready to explain how you've engaged with regulators in the past and your approach to stress testing models.
✨Demonstrate Leadership Skills
As you'll be managing a direct report, it's crucial to convey your leadership style. Share examples of how you've successfully led teams, developed talent, and fostered collaboration across functions.
✨Communicate Effectively with Stakeholders
Strong stakeholder management is key for this role. Prepare to discuss how you've effectively communicated complex financial concepts to non-experts and how you’ve built relationships with senior leadership.