At a Glance
- Tasks: Oversee liquidity and market risk management for a leading investment bank.
- Company: Mid-cap Investment Bank in London with a strong focus on risk management.
- Benefits: Competitive salary, comprehensive benefits package, and career growth opportunities.
- Other info: Fast-paced environment with opportunities to collaborate globally.
- Why this job: Join a dynamic team and make a significant impact on financial risk management.
- Qualifications: 5-7 years in ALM, liquidity, and capital markets; strong numerical skills required.
The role involves providing oversight of the London branch Liquidity and Market Risk Management. Key responsibilities include:
- Supporting the delivery of a roadmap to strengthen local liquidity risk management.
- Providing daily limit monitoring, reviewing and challenging ad-hoc limit changes and annual business reviews.
- Reviewing and challenging liquidity stress testing methodologies and assumptions.
- Providing oversight of Treasury and ALM activities, reviewing interest rate risk in the banking book (IRRBB) and structural FX risk.
- Producing and reviewing liquidity and treasury risk MI for senior management and the ALCO committee.
- Supporting the build-out of operational resilience for Treasury/Liquidity risk oversight across time zones.
- Coordinating with regional stakeholders to ensure risk issues and emerging concerns are escalated appropriately and managed consistently.
- Strengthening and maintaining local liquidity risk management governance including framework review and policy addendum.
- Working closely with global Risk teams to align best practices and ensure local frameworks and practices meet internal expectations of the Bank and external expectations from regulators.
A successful candidate should have:
- Circa 5-7 years of experience in ALM, Liquidity and Capital Market activities, particularly in fixed income products markets.
- Sound understanding of market risk, liquidity risk, and stress testing.
- Good understanding of UK regulations around liquidity and ALM.
- A degree in economics, finance, numerical or a quantitative discipline.
- Experience in risk management or direct experience in the financial industry.
- Strong numerical and computational skills, particularly in VBA and Tableau; Power BI would be a plus.
- Excellent interpersonal and communication skills.
- Ability to work in a fast-paced trade floor environment with multiple priorities.
Competitive salary ranging from £90,000-£110,000 and a comprehensive benefits package are offered.
If you are ready to take on this exciting challenge, apply today to join a leading organisation in risk and compliance.
Senior Manager - Liquidity and Market Risk employer: Michael Page Banking
As a Senior Manager - Liquidity and Market Risk at our mid-cap Investment Bank in London, you will thrive in a dynamic work culture that prioritises collaboration and innovation. We offer competitive salaries, a comprehensive benefits package, and ample opportunities for professional growth, ensuring that you can develop your skills while contributing to the bank's strategic objectives. Join us to be part of a forward-thinking team that values your expertise and supports your career advancement in the heart of one of the world's leading financial centres.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Manager - Liquidity and Market Risk
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance industry, especially those who work in liquidity and market risk. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Make sure you can confidently discuss liquidity risk management, stress testing methodologies, and UK regulations. We want you to shine when it comes to showcasing your expertise!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search. Let’s get you that Senior Manager role!
We think you need these skills to ace Senior Manager - Liquidity and Market Risk
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Manager - Liquidity and Market Risk role. Highlight your experience in ALM, liquidity, and market risk management, and don’t forget to mention your strong numerical skills and familiarity with UK regulations.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re the perfect fit for this role. Share specific examples of how you've managed liquidity risk or improved processes in previous roles. Show us your passion for the financial industry!
Showcase Your Technical Skills:Since we’re looking for someone with strong computational skills, make sure to highlight your experience with VBA, Tableau, or Power BI. If you’ve used these tools to solve real-world problems, let us know!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates about the hiring process.
How to prepare for a job interview at Michael Page Banking
✨Know Your Numbers
As a Senior Manager in Liquidity and Market Risk, you’ll need to demonstrate your strong numerical skills. Brush up on key metrics related to liquidity risk and stress testing methodologies. Be prepared to discuss how you’ve applied these in previous roles.
✨Understand the Regulatory Landscape
Familiarise yourself with UK regulations surrounding liquidity and ALM. During the interview, show that you’re not just aware of these regulations but also understand their implications for the bank’s operations. This will highlight your expertise and readiness for the role.
✨Showcase Your Communication Skills
Excellent interpersonal skills are crucial for this position. Prepare examples of how you’ve effectively communicated complex risk concepts to non-technical stakeholders. This will demonstrate your ability to bridge the gap between technical and business teams.
✨Be Ready for Scenario Questions
Expect scenario-based questions that test your problem-solving abilities in a fast-paced environment. Think about past experiences where you had to manage multiple priorities or coordinate with regional stakeholders, and be ready to share those stories.
