At a Glance
- Tasks: Lead the ALM Market Risk team in managing and reporting balance sheet risks.
- Company: Join Leeds Building Society, dedicated to helping members achieve home ownership since 1875.
- Benefits: Enjoy a bonus, matched pension contributions, 26 days holiday, and electric vehicle schemes.
- Why this job: Be part of a purpose-driven culture focused on making home ownership accessible for all.
- Qualifications: Experience in market risk within banking, strong analytical skills, and knowledge of financial markets required.
- Other info: This is a 12-month fixed term contract with opportunities for personal development.
The predicted salary is between 43200 - 72000 £ per year.
How you\’ll help us live our purpose
We\’ve been helping our members save for their future and buy a home of their own since 1875. By joining us, you\’ll play a big role in helping us to put home ownership within reach of more people, generation after generation.
It\’s a purpose that drives everything we do and one we\’re proud of. And you can play your part too join us as our ALM Manager (Market Risk), reporting into the ALM Lead.
How you\’ll make a difference
This is a 12-month fixed term contract. To oversee the management of the ALM Market Risk team in monitoring, analysing and reporting the Society\’s balance sheet risks including market risk. Market risk includes interest rate, basis, and foreign currency risks. You will ensure compliance with regulatory requirements and guidance for balance sheet risk management, whilst continually developing and maintaining appropriate policies and procedures for the control of appropriate balance sheet risks.
What will you bring to the role?
- Specific Market Risk Knowledge
- Experience within a similar role within a building society or bank.
- In depth knowledge and understanding of the financial markets and Market Risk methodologies and measurement techniques.
- Experience of using QRM and / or other Treasury Management Systems
- Experience of building complex reports.
- Excellent analytical skills and a strong attention to detail.
- Ability to manage and analyse large sets of financial data.
- Ability to communicate proposals and recommendations (which may be complex) in written and verbal form to a range of recipients including senior management.
And in return, you\’ll get the best from us:
- An annual colleague bonus of up to 12%
- Matched pension contributions of up to 10%
- 26 days holiday, plus bank holidays and holiday purchase scheme of up to 5 days each year
- Electric vehicle scheme/ Cycle to Work scheme
- 2 days\’ volunteering per year
We\’ll give you a place to belong with the support to learn, develop and shape a meaningful career.
Why choose Leeds Building Society?
Our business is centred around our people. Our colleagues are at the heart of everything we do and we\’re extremely proud of our Inclusive Employers Gold accreditation in 2023. We\’re committed to equal opportunities regardless of race, colour, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability or gender identity.
You\’ll be joining a truly purpose-focused culture which helped us win the Leading with Purpose award at the 2023?Business Culture Awards. This recognises the progress we\’re making to embed our purpose with our colleagues, and the actions we\’ve taken to put home ownership within reach of more people, generation after generation.
Why wait? Apply now
We\’d love to hear from you. But don\’t wait around – we may close the advert early and we\’d hate for you to miss out.
Leeds Building Society is devoted to creating a culture and workplace that is representative of the communities we serve. If you\’d like to work with us but are unsure if you meet the full criteria for a role, please contact the recruiter as we\’d like to find out more about the skills and experience that you could bring to the Society. We\’re committed to supporting you to be at your best and if you\’d like to discuss any reasonable adjustments, please reach out to us on .
#LI-hybrid
ALM Market Risk Manager in Leeds employer: Leeds Building Society
Contact Detail:
Leeds Building Society Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land ALM Market Risk Manager in Leeds
✨Tip Number 1
Familiarise yourself with the specific market risk methodologies and measurement techniques mentioned in the job description. This will not only help you understand the role better but also allow you to speak confidently about your knowledge during any interviews.
✨Tip Number 2
Network with professionals in the financial services sector, particularly those who work in ALM or market risk roles. Engaging with them can provide insights into the company culture and expectations, which can be invaluable when preparing for interviews.
✨Tip Number 3
Prepare to discuss your experience with Treasury Management Systems like QRM. Be ready to share specific examples of how you've used these systems to manage risks or build reports, as this is a key requirement for the role.
✨Tip Number 4
Showcase your analytical skills by preparing a case study or example of a complex financial analysis you've conducted in the past. This will demonstrate your ability to handle large sets of data and communicate findings effectively, which is crucial for this position.
We think you need these skills to ace ALM Market Risk Manager in Leeds
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to grasp the responsibilities and requirements of the ALM Market Risk Manager position. Highlight key skills such as market risk knowledge and experience with Treasury Management Systems.
Tailor Your CV: Customise your CV to reflect your relevant experience in market risk management, particularly within building societies or banks. Emphasise your analytical skills and any experience with QRM or similar systems.
Craft a Compelling Cover Letter: Write a cover letter that connects your background to the Society's purpose. Discuss how your skills can contribute to their mission of making home ownership accessible and mention your commitment to compliance and risk management.
Proofread and Edit: Before submitting your application, carefully proofread your documents for any errors. Ensure clarity and professionalism in your writing, as this reflects your attention to detail, which is crucial for the role.
How to prepare for a job interview at Leeds Building Society
✨Showcase Your Market Risk Knowledge
Make sure to highlight your specific knowledge of market risk, including interest rate, basis, and foreign currency risks. Be prepared to discuss how you've applied this knowledge in previous roles, especially within a building society or bank.
✨Demonstrate Analytical Skills
Prepare examples that showcase your analytical skills and attention to detail. Discuss how you've managed and analysed large sets of financial data, and be ready to explain the methodologies and measurement techniques you've used.
✨Familiarity with Treasury Management Systems
If you have experience using QRM or other Treasury Management Systems, make sure to mention it. Be ready to discuss how you've built complex reports and the impact they had on decision-making processes.
✨Effective Communication is Key
Since you'll need to communicate complex proposals to senior management, practice articulating your ideas clearly and concisely. Prepare to provide examples of how you've successfully communicated recommendations in both written and verbal forms.