At a Glance
- Tasks: Manage the Bank's Treasury function and oversee balance sheet and liquidity risk.
- Company: Join a leading bank with a focus on governance and compliance.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity to mentor and collaborate across departments.
- Why this job: Make a real impact in a pivotal role during departmental evolution.
- Qualifications: 5+ years in Treasury/ALM management with strong regulatory knowledge.
The predicted salary is between 60000 - 80000 £ per year.
We're recruiting for a Treasury ALM Manager on a contract basis to provide paternal cover and manage the Bank's Treasury function. The Interim Treasury ALM Manager will oversee balance sheet management, liquidity, and interest rate risk while enhancing governance, documentation, and regulatory compliance during a period of departmental evolution.
Key Responsibilities
- Balance Sheet & Risk Management
- Analyse the balance sheet to optimize funding strategies and manage IRRBB.
- Execute interest rate hedging strategies and assess hedge effectiveness.
- Act as ALCO Secretary, managing reporting, meeting packs, and actions.
- Liquidity & Capital Management
- Maintain the liquidity framework, overseeing cash flows, buffers, and forecasts.
- Lead Treasury regulatory returns (e.g., LCR, PRA110, Basis Risk).
- Drive ILAAP development, aligning documentation with SDDT regulatory changes.
- Governance & Controls
- Strengthen Treasury controls and embed robust governance frameworks.
- Remediate Internal Audit findings and maintain up-to-date procedural documentation.
- Collaborate with Risk and Compliance (2nd LOD) on policy updates.
- Drive Improvements
- Automate manual processes to reduce operational risk.
- Produce high-quality MI for senior stakeholders and committees.
- Mentor the Treasury Analyst and ensure cross-functional alignment with Finance and Audit.
Qualifications & Skills
- 5+ years in a Treasury/ALM Manager position within PRA/FCA regulated banking environment
- Strong grip on liquidity risk, IRRBB and cash management
- Ability to interpret complex regulatory texts and technical papers.
- Advanced Excel skills.
- Senior stakeholder management and the ability to meet tight deadlines.
- People management experience to support 1 direct report
Unfortunately our client cannot offer sponsorship for this position.
Liquidity Risk Manager (Fixed Term Contract) employer: JSS
Contact Detail:
JSS Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Liquidity Risk Manager (Fixed Term Contract)
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking and finance sector. Attend industry events or webinars where you can meet potential employers or colleagues. Remember, sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for interviews by researching the company and its recent developments. Tailor your responses to highlight your experience in liquidity risk and balance sheet management. Show them you’re not just a fit for the role, but that you’re genuinely interested in their mission.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors to refine your answers. Focus on articulating your experience with regulatory compliance and governance frameworks, as these are key areas for the role.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might be perfect for you. Plus, applying directly shows your enthusiasm and commitment to joining our team.
We think you need these skills to ace Liquidity Risk Manager (Fixed Term Contract)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Liquidity Risk Manager role. Highlight your experience in Treasury and ALM, especially any work with liquidity risk and interest rate hedging strategies. We want to see how your skills match what we're looking for!
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. Mention specific experiences that relate to balance sheet management and governance, and don’t forget to show your enthusiasm for joining our team at StudySmarter.
Showcase Your Regulatory Knowledge: Since this role involves a lot of regulatory compliance, make sure to highlight your understanding of PRA/FCA regulations. We love candidates who can interpret complex regulatory texts, so share examples of how you've navigated these in your previous roles.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at JSS
✨Know Your Numbers
Make sure you brush up on your balance sheet analysis and liquidity risk management. Be ready to discuss specific strategies you've implemented in the past, especially around interest rate hedging and cash flow management. This will show that you’re not just familiar with the concepts but have practical experience.
✨Regulatory Savvy
Familiarise yourself with the latest regulatory requirements like LCR and PRA110. Being able to discuss how you've navigated these regulations in previous roles will demonstrate your expertise and readiness to tackle the challenges of the position.
✨Showcase Your Leadership Skills
Since this role involves mentoring a Treasury Analyst, be prepared to share examples of how you've successfully managed teams or mentored others. Highlight your people management experience and how you’ve fostered collaboration across departments.
✨Prepare for Scenario Questions
Expect questions that ask you to solve hypothetical problems related to liquidity and capital management. Practise articulating your thought process clearly and logically, as this will showcase your analytical skills and ability to handle pressure.