At a Glance
- Tasks: Lead Asset & Liability Management and ensure effective balance-sheet strategy.
- Company: Join a leading financial institution with a focus on compliance and innovation.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Why this job: Make a real impact in financial strategy and regulatory compliance.
- Qualifications: Experience in ALM, strong understanding of regulations, and excellent communication skills.
- Other info: Opportunity for career growth in a fast-paced financial sector.
The predicted salary is between 36000 - 60000 £ per year.
I'm recruiting for an ALM Manager to lead the Asset & Liability Management (ALM) framework, and partner with senior leadership to ensure effective balance-sheet strategy, liquidity management, and capital optimisation. Additionally, this role will be supporting the regulatory reporting when needed, ensuring strong controls and compliance whilst working with internal auditors.
Responsibilities
- Lead the monitoring and analysis of balance sheet risks, including liquidity risk, interest rate risk (IRRBB), and funding concentrations.
- Lead the ICAAP, ILAAP, and Recovery & Resolution Planning processes.
- Documentation of key assumptions, risk drivers and limitations of models used for ALM scenarios and stress testing.
- Contribute to the central hedging programmes, proposing trades to hedge the interest rate risk on the business balance sheets.
- Identify inefficiencies and opportunities for balance sheet optimization.
Regulatory Reporting
- Support the preparation, review, and submission of all regulatory reports (e.g., capital, liquidity, statistical, prudential returns) in line with local and international regulatory requirements.
- Maintain a strong control environment around data quality, reconciliations, documentation, and audit trails.
- Monitor regulatory developments, assess their impact, and drive implementation of new reporting standards or methodologies.
- Liaise with regulators, auditors, and internal stakeholders to address queries and ensure timely, accurate submissions.
Experience
- Experience in Asset Liability Management, Balance Sheet Management or IRRBB within retail banking.
- Strong understanding of prudential regulations (Basel, CRR/CRD, PRA rules, liquidity frameworks).
- Good modelling and quantitative skills - ideally with risk management models.
- Proven ability to manage deadlines, stakeholders, and regulatory expectations.
- Strong communication skills with the ability to translate complex data into clear insights.
Unfortunately our client cannot offer visa sponsorship for this position.
ALM Manager - 12 Month Contract employer: JSS
Contact Detail:
JSS Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land ALM Manager - 12 Month Contract
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and banking sectors. Attend industry events or webinars where you can meet potential employers and showcase your expertise in ALM.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of regulatory frameworks and balance sheet management. Be ready to discuss how you've tackled similar challenges in the past and how you can bring value to their team.
✨Tip Number 3
Don’t just apply through job boards; head over to our website and submit your application directly. This way, you’ll stand out and show that you’re genuinely interested in the role.
✨Tip Number 4
Follow up after interviews with a thank-you email. It’s a great way to reiterate your interest in the position and remind them of your key strengths in ALM and regulatory reporting.
We think you need these skills to ace ALM Manager - 12 Month Contract
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the ALM Manager role. Highlight your experience in Asset Liability Management and any relevant regulatory knowledge. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of your past achievements in balance sheet management and how you can contribute to our team.
Showcase Your Communication Skills: Since strong communication is key for this role, make sure your application reflects that. Use clear and concise language, and don’t shy away from translating complex data into simple insights in your examples.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at JSS
✨Know Your ALM Inside Out
Make sure you brush up on your knowledge of Asset & Liability Management. Understand the key concepts like liquidity risk, interest rate risk, and balance sheet optimisation. Being able to discuss these topics confidently will show that you're not just familiar with the role but genuinely passionate about it.
✨Prepare for Regulatory Questions
Since this role involves regulatory reporting, be ready to discuss your experience with prudential regulations like Basel and CRR/CRD. Think of specific examples where you've navigated regulatory requirements or improved compliance processes. This will demonstrate your expertise and readiness for the challenges ahead.
✨Showcase Your Modelling Skills
Highlight your quantitative skills and any experience with risk management models. Bring along examples of how you've used modelling in past roles to support your decisions. This will help the interviewers see your analytical capabilities and how they can benefit their team.
✨Communicate Clearly and Effectively
Strong communication is key in this role, so practice translating complex data into simple insights. During the interview, aim to explain your thought process clearly when discussing past projects or experiences. This will not only showcase your skills but also your ability to work with various stakeholders.