At a Glance
- Tasks: Join a dynamic team to enhance ALM modelling and reporting for key stakeholders.
- Company: Leading financial institution focused on innovation and collaboration.
- Benefits: Competitive pay, professional growth, and a chance to work with senior leaders.
- Other info: Opportunity for career advancement and potential contract extension.
- Why this job: Make a real impact in risk management while developing your skills in a supportive environment.
- Qualifications: Experience with ALM software, Excel, and strong communication skills are essential.
The predicted salary is between 50000 - 60000 £ per year.
Requirements:
- 2+ years’ experience using ALM software tools and ability to demonstrate strong understanding of ALM Modelling.
- 2+ years’ experience with Excel functionality and capabilities to proactively review, challenge and streamline existing models or build new modelling capability.
- At least 2 years’ experience in confidently explaining technical topics both verbally and in business commentaries.
- 12 months or more proven ability to debate and influence with senior stakeholders.
- Proven experience within the last 12 months of a high level of intellectual capacity driving an ability to grasp new techniques quickly.
- At least 12 months experience of key Market Risk management techniques including:
- Net Interest Income Sensitivities
- Market Value
- Basis Risk
- Stress Testing
- Current awareness of market and industry environment including an in-depth knowledge of LBG products and organisation.
- (Desirable) 2+ years’ experience and use of QRM, to manage market risk.
- (Desirable) Positive attitude with enthusiasm to contribute to an engaged team culture.
- (Desirable) Self-awareness and ability to drive own development.
We know that great talent comes from many backgrounds. Whilst this job advert may reference specific years of experience, we recognise that skills are developed in many ways, so if you have relevant, transferable experience, we encourage you to apply.
What the job involves:
- An opportunity has arisen for an accomplished Manager to work closely with the Senior Manager, IRRBB in delivering best in class modelling and reporting to a broad range of stakeholders.
- This is a highly visible role with exposure to senior colleagues across Group Corporate Treasury and Risk, in addition to the full customer balance sheet.
- This 6 month Fixed Term Contract opportunity has arisen for an accomplished Manager to work closely with the Senior Manager, IRRBB in delivering best in class modelling and reporting to a broad range of stakeholders.
- Build and maintain QRM models for Net Interest Income (NII), and Market Value (MV) calculations.
- Establish and build effective relationships with Risk and Finance partners to support the delivery of business assumptions into QRM and supporting stress testing.
- Lead change and testing efforts for QRM model enhancements, including UAT planning and execution.
- Producing and completing test output governance, including documentation.
- Collaborate with Treasury, Risk, and Finance partners to gather requirements and deliver model improvements.
- Ensure models align with regulatory expectations (e.g., ICAAP, SOTs, stress testing) and internal governance standards.
- Manage and minimise operational risks via robust control frameworks underpinning processes.
- Continuously strive for process improvements to enable time for value adding activity and qualitative review.
- Support agreed change initiatives to deliver agreed objectives of IRRBB team.
- Support simplification of the ALM model and continued development of model assumptions, including the development of dynamic modelling and back testing.
There are three opportunities across the locations and potential to extend the FTC.
ALM Modelling Developer (6 Month Fixed Contract) in Leeds employer: Lloyd's
Join a forward-thinking organisation that values innovation and collaboration, where your expertise as an ALM Modelling Developer will be recognised and rewarded. With a strong commitment to employee growth, we offer a dynamic work culture that encourages continuous learning and development, alongside competitive benefits tailored to support your well-being. Located in a vibrant area, our team thrives on engagement and teamwork, making this a fantastic opportunity for those seeking meaningful and impactful work.
StudySmarter Expert Advice🤫
We think this is how you could land ALM Modelling Developer (6 Month Fixed Contract) in Leeds
✨Network Like a Pro
Get out there and connect with people in the industry! Attend meetups, webinars, or even just grab a coffee with someone who works in ALM. Building relationships can open doors that a CV just can't.
✨Show Off Your Skills
When you get the chance to chat with potential employers, don’t hold back! Share specific examples of how you've used your ALM software skills or Excel expertise to solve problems. Make it clear how you can add value to their team.
✨Prepare for the Tough Questions
Expect to be grilled on technical topics during interviews. Brush up on key Market Risk management techniques and be ready to explain them clearly. This shows you’re not just knowledgeable but also able to communicate effectively with stakeholders.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace ALM Modelling Developer (6 Month Fixed Contract) in Leeds
Some tips for your application 🫡
Show Off Your ALM Skills:Make sure to highlight your experience with ALM software tools and modelling. We want to see how you've used these skills in real-world scenarios, so don’t hold back on the details!
Excel is Your Best Friend:Since Excel functionality is key for this role, give us examples of how you've streamlined models or built new capabilities. We love seeing creativity in problem-solving, so let your Excel prowess shine!
Communicate Like a Pro:You’ll need to explain technical topics clearly, so include examples of how you’ve done this in the past. Whether it’s through reports or presentations, show us you can engage with stakeholders effectively.
Be Yourself and Apply!:We value diverse backgrounds and experiences, so if you think you have what it takes, don’t hesitate to apply through our website. Your unique perspective could be just what we need!
How to prepare for a job interview at Lloyd's
✨Know Your ALM Inside Out
Make sure you brush up on your ALM modelling knowledge. Be ready to discuss specific tools you've used and how you've applied them in past projects. Highlight any experience with QRM, as it’s a desirable skill for this role.
✨Excel Like a Pro
Since Excel functionality is key for this position, prepare to showcase your skills. Bring examples of how you've streamlined models or built new capabilities. You might even want to practice explaining complex Excel functions in simple terms.
✨Engage with Stakeholders
This role involves influencing senior stakeholders, so think of examples where you've successfully communicated technical topics. Prepare to discuss how you’ve built relationships and navigated discussions with senior management.
✨Stay Current on Market Trends
Familiarise yourself with the latest market risk management techniques and LBG products. Being able to discuss current trends and how they impact the role will show your enthusiasm and readiness to contribute to the team culture.
