At a Glance
- Tasks: Lead Asset & Liability Management and optimise balance-sheet strategies.
- 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 to work with senior leadership and drive significant financial initiatives.
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 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.
- Document 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.
ALM Manager - 12 Month Contract in London employer: JSS
Contact Detail:
JSS Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land ALM Manager - 12 Month Contract in London
✨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 wait for job openings to pop up! Keep an eye on our website for new roles and apply directly. This shows initiative and can help you stand out from the crowd.
✨Tip Number 4
Follow up after interviews with a thank-you note. It’s a simple gesture that keeps you fresh in their minds and shows your enthusiasm for the role. Plus, it’s a great chance to reiterate why you’re the perfect fit!
We think you need these skills to ace ALM Manager - 12 Month Contract in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the ALM Manager role. Highlight your experience in Asset Liability Management and any relevant regulatory knowledge. 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 regulatory reporting, and show us your passion for the field.
Showcase Your Skills: Don’t forget to highlight your modelling and quantitative skills. If you've worked with risk management models before, let us know! We love seeing candidates who can translate complex data into clear insights.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and we’ll be able to review your application more efficiently. Don’t miss out on this opportunity!
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 understanding of prudential regulations such as Basel and CRR/CRD. Think of examples from your past experience where you've navigated these regulations successfully, as this will demonstrate your capability in handling compliance effectively.
✨Showcase Your Modelling Skills
Highlight your quantitative skills and any experience you have with risk management models. Bring along examples of how you've used modelling in previous roles to support your points. This will help the interviewers see your practical application of these skills in real-world scenarios.
✨Communicate Clearly and Confidently
Strong communication is key in this role, so practice translating complex data into clear insights. During the interview, aim to explain your thought process clearly when discussing technical topics. This will not only showcase your expertise but also your ability to engage with stakeholders effectively.