At a Glance
- Tasks: Lead a team overseeing Treasury and Asset Liability Management activities.
- Company: Metro Bank, a dynamic and innovative banking institution.
- Benefits: Competitive salary, annual bonus, generous holidays, pension scheme, and healthcare.
- Other info: Opportunities for internal promotions and professional development.
- Why this job: Make a real impact on financial stability while advancing your career in a supportive environment.
- Qualifications: Strong knowledge of ALM systems, regulatory frameworks, and team management experience.
The predicted salary is between 80000 - 100000 £ per year.
What You Will Do
- Lead and develop the team which provides second line oversight of the Bank’s Treasury and Asset Liability Management (ALM) activity.
- Maintain, develop and leverage the Bank’s Asset and Liability system, focusing ALM, ensuring data handling processes and computations are fully documented and undergo sound change control processes and up to date control framework.
- Key point of contact and driver of the Bank’s ALM system, working with key stakeholders in Treasury, Risk, Finance and IT to ensure Metrobank’s balance sheet is effectively measured and remains within the Board’s Risk Appetites and robustly reflects Board approved behavioural assumptions.
- Produce daily, weekly, and monthly reporting and monitoring for Treasury and ALCO, as well as several of the Bank’s other governance committees, ensuring these are accurate, high-quality and delivered on time.
- Provide insightful ‘what-if’ ALM Risk scenarios to drive forward looking MI to Technical ALCO and ALCO, influencing and challenging decision-making processes.
- Produce quarterly regulatory returns covering Interest rate risk for Metro Bank’s submission to the Bank of England.
- Ensure processes within area of responsibility are adequately and effectively controlled, including undertaking risk and control assessments, identification of risk issues and prompt resolution if required.
What You Will Need
- Understand the risks associated with your job and what that means for you, Metro Bank and all our stakeholders.
- Excellent understanding of balance sheet data management, system processes, and Asset Liability Management (ALM) systems and approaches to upgrading/implementation.
- Strong knowledge of prudential regulation and the wider regulatory environment.
- Excellent understanding of processes and controls in order to produce key decision-making management information and working knowledge of prudential regulation.
- Experience managing teams and balancing competing priorities.
- Experience operating a controls framework, across and within three lines of defence environment.
- Excellent report writing and communication skills.
Our promise to you
- We will make sure that you are well-rewarded by providing you with a competitive salary, discretionary annual bonus, and a wide range of benefits, including generous holiday allowance, attractive pension scheme, healthcare, life assurance, and a number of colleague discounts!
- We will give you the training to ensure you succeed in your role and plenty of internal opportunities to progress your career (around 40% of our recruitment comes from internal promotions).
Head of Market and Liquidity Risk employer: Metro Bank (UK)
Metro Bank is an exceptional employer that prioritises employee growth and development, offering a competitive salary and a comprehensive benefits package including generous holiday allowance and attractive pension schemes. With a strong focus on teamwork and collaboration, employees are encouraged to thrive in a supportive environment where internal promotions are common, making it an ideal place for those seeking meaningful and rewarding careers in the heart of the banking sector.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Market and Liquidity Risk
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you tailor your responses and show that you're genuinely interested in being part of the team.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or family to get comfortable with common questions. This will help you articulate your experience and skills confidently when it counts.
✨Tip Number 4
Don’t forget to apply through our website! We love seeing applications directly from candidates who are excited about joining us. Plus, it shows initiative and enthusiasm, which we really appreciate!
We think you need these skills to ace Head of Market and Liquidity Risk
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the job description. Highlight your experience in Asset Liability Management and any relevant regulatory knowledge. We want to see how your skills align with 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 the Head of Market and Liquidity Risk role. Share specific examples of your past achievements that relate to the responsibilities outlined in the job description.
Showcase Your Team Leadership Skills:Since this role involves managing a team, make sure to highlight your leadership experience. Talk about how you've successfully balanced competing priorities and developed teams in previous roles. We love seeing how you can inspire others!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining the StudySmarter family!
How to prepare for a job interview at Metro Bank (UK)
✨Know Your ALM Inside Out
Make sure you have a solid grasp of Asset Liability Management (ALM) systems and processes. Brush up on how they work, especially in relation to balance sheet data management. Being able to discuss specific examples of how you've handled ALM in the past will show your expertise.
✨Prepare for Regulatory Questions
Since the role involves understanding prudential regulation, be ready to discuss your knowledge of the regulatory environment. Familiarise yourself with recent changes in regulations and think about how they might impact the bank's operations. This will demonstrate your proactive approach to risk management.
✨Showcase Your Leadership Skills
As a Head of Market and Liquidity Risk, you'll need to manage a team effectively. Prepare examples of how you've led teams in the past, particularly in high-pressure situations. Highlight your ability to balance competing priorities and how you’ve successfully resolved conflicts within a team.
✨Practice Your Reporting Skills
Since producing accurate reports is crucial for this role, practice explaining complex data in a clear and concise manner. Bring examples of reports you've created or worked on, and be ready to discuss how you ensure quality and timeliness in your reporting processes.
