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 stability.
- Qualifications: 5-7 years in ALM, liquidity, and capital markets; strong numerical skills required.
The predicted salary is between 90000 - 110000 £ per year.
Position Overview: The Senior Manager - Liquidity and Market Risk role, for an Investment Bank, in London.
Client Details: Mid-cap Investment Bank, London, who are hiring a Senior Manager - Liquidity and Market Risk.
Description:
- Provide oversight of London branch Liquidity and Market Risk Management.
- Support the delivery of a roadmap to strengthen local liquidity risk management.
- Provide daily limit monitoring, review and challenge ad-hoc limit changes and annual business review.
- Review and challenge liquidity stress testing methodologies and assumptions.
- Provide oversight of Treasury and ALM activities, review interest rate risk in the banking book (IRRBB) and structural FX risk.
- Produce and review liquidity and treasury risk MI for senior management and ALCO committee.
- Support the build-out of operational resilience for Treasury/Liquidity risk oversight across time zones.
- Coordinate with regional stakeholders to ensure risk issues and emerging concerns are escalated appropriately and managed consistently.
- Strengthen and maintain local liquidity risk management governance including framework review, policy addendum.
- Work closely with global Risk teams to align best practice and ensure local framework and practices meet internal expectation of the Bank and external expectations from regulators.
Profile:
- A successful Senior Manager - Liquidity and Market Risk should have circa 5-7 years experience in ALM, Liquidity and Capital Market activities in particular fixed income products markets.
- Sound understanding of market risk, liquidity risk and stress testing.
- Good understanding of UK regulations around liquidity and ALM.
- 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 required particularly in VBA and Tableau, Power BI would be a plus.
- Excellent interpersonal and communication skills required.
- Ability to work in a fast-paced trade floor environment with multiple priorities.
Job Offer: Competitive salary ranging from £90,000-£110,000. Comprehensive benefits package.
Senior Manager - Liquidity and Market Risk employer: Michael Page
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 a competitive salary alongside a comprehensive benefits package, ensuring our employees are well-supported both professionally and personally. With ample opportunities for growth and development, you will play a pivotal role in shaping our liquidity risk management framework while working closely with global teams to align best practices.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Manager - Liquidity and Market Risk
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Michael Page. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Manager - Liquidity and Market Risk
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Michael Page.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Michael Page's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Michael Page
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Michael Page.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Michael Page will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Michael Page employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
