At a Glance
- Tasks: Analyse liquidity and interest rate risks, produce forecasts, and support Treasury projects.
- Company: Award-winning UK bank focused on growth and employee wellbeing.
- Benefits: Generous holiday allowance, flexible working, and employee discounts.
- Why this job: Join a friendly team and make a real impact in a growing Treasury function.
- Qualifications: Experience in liquidity risk and a degree in a quantitative discipline.
- Other info: Inclusive workplace with opportunities for personal development and career growth.
The predicted salary is between 36000 - 60000 £ per year.
A Platinum Investors in People employer and an award-winning UK bank, focused on growth. Our customers include savers and businesses across the UK and, working together, we use our specialist expertise to help them achieve their ambitions and build a sustainable future. If you’re an experienced ALM Analyst looking for an opportunity to grow in a friendly environment, we’re looking for you!
We’re flexible, inclusive, committed to your wellbeing and passionate about you reaching your potential. Let’s grow together…
Purpose of the role
An entry level opportunity for a highly analytical individual to join an integral function of the Bank. The ALM Analyst will have responsibility for enhancing analytics and reporting on the Bank’s liquidity risk and interest rate risk in the banking book (‘IRRBB’). A flexible approach will be required to support and lead a wide range of projects in a growing Treasury function.
Duties and responsibilities
- Analyse liquidity exposures, produce cash flow forecasting and projections to ensure the management of key liquidity metrics within limits, analyse IRRBB metrics and implement appropriate hedging to ensure compliance with limits
- Develop forward looking liquidity and balance sheet indicators to alert the business to future risks
- Assist with the production and development of the ICAAP, ILAAP, Recovery Plan and risk appetite reviews
- Assist with the development of stress testing and cashflow modelling
- Prepare management information, including updates for the ALCO and Treasury team meetings
- Own the completion of treasury related regulatory reporting returns
- Support Treasury projects as required and provide cover for other members of the Treasury team
About You
Skills
- Strong data management and analytical skills, including previous use of Microsoft Office package
- An ability to produce meaningful management information
- Effective communication skills for written and verbal reporting and the ability to present in meetings
- Commitment to deliver and maintain high standards
- Embrace change and influence and encourage others
- Effectively prioritise tasks to ensure delivery meets critical deadlines
- Embody a team ethic and a willingness to take responsibility for delegated tasks and associated outcomes
Qualifications and experience
- Degree qualified in a quantitative discipline such as Mathematics or Finance or equivalent professional qualification
- Liquidity risk and IRRBB experience in a Bank Treasury department preferred but not essential
Even if you don’t meet all the criteria,we encourage you to apply. At Paragon,value diversityand we’re excited to hear from passionate individuals like you! If you’re ready to contribute to the team, please apply.
Further information on the role can be found in the Purpose and Performance Profile (PPP), which is downloadable on this page.
Please note, applicants must have the right to work in the UK. We do not offer visa sponsorship.
Working hours
Monday to Friday – hybrid role – 2/3 days in the office
Inclusion
As a Disability Confident Employer, we want to ensure that our vacancies are accessible for everyone. If you have a disability, long term health condition or are neurodiverse and need us to adjust our recruitment process please get in touch with our recruitment team.
About Us
What can we offer you?
- Generous Holiday Allowance: Starting from 25 days and climbing to 30, you also get to enjoy a day off for your birthday, Christmas Eve, and New Year’s Eve. You can also buy or sell up to a week’s leave
- Share Save Scheme: Annually, you have the opportunity to buy shares in Paragon at a discounted rate
- Profit Related Pay: We share some of our annual profit with our eligible employees
- Pension Plan: We contribute up to 10% of your annual salary towards your pension
- Family Friendly policies: We offer enhanced parental pay and paid time off for fertility treatment
- Employee Discounts: Enjoy exclusive discounts on entertainment, travel, shopping, motoring and more
- Volunteering Day: Contribute to causes you care about with one volunteering day per year
- Life Assurance and Personal Accident Cover
Be flexible
We promote flexibility around how and where we work so that you can achieve a healthier work-life balance. We operate hybrid working, splitting our week between the office and home.
Be yourself
As an equal opportunities employer, we welcome diversity and care about inclusion. That’s why we want you to be your whole self at work. We believe an inclusive workplace is good for each of us, great for our customers and better for our business. Our Equality, Diversity and Inclusion Network meets regularly to share challenges, experience, and ideas to build a more equal, diverse, and inclusive business.
Be heard
We listen to your point of view, with our People Forum and regular employee surveys making sure you can use your voice and influence our future.
Be well
We will give you access to a range of tools and resources to support your wellbeing. This will include a digital GP service via our free Employee Assistance Programme, access to our Wellbeing team to connect you with the help you need to get more out of life and our Vitality at Work programme to provide you with discounted gym membership, fitness equipment and another multitude of wellbeing services.
Be better
We want you to reach your potential and, as a Platinum Investors in People employer, we’ll encourage you to learn and develop by building a personalised development plan together with your manager.
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ALM Analyst employer: Paragon Bank
Contact Detail:
Paragon Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land ALM Analyst
✨Tip Number 1
Network like a pro! Reach out to current or former employees on LinkedIn, and don’t be shy about asking for insights into the company culture and the role. A friendly chat can give you an edge and show your genuine interest.
✨Tip Number 2
Prepare for the interview by practising common questions related to liquidity risk and IRRBB. We recommend using the STAR method (Situation, Task, Action, Result) to structure your answers. This will help you showcase your analytical skills effectively!
✨Tip Number 3
Dress the part! Even if it’s a hybrid role, looking professional can boost your confidence. Plus, it shows that you respect the interview process and are serious about the opportunity.
✨Tip Number 4
Follow up after your interview with a thank-you email. It’s a simple gesture that can leave a lasting impression. Mention something specific from your conversation to remind them of your enthusiasm for the role!
We think you need these skills to ace ALM Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your analytical skills and Treasury experience, as these are key for the ALM Analyst role.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're passionate about this role and how you can contribute to our team. Be sure to mention your commitment to high standards and your ability to embrace change.
Showcase Your Communication Skills: Since effective communication is crucial, ensure your written application is clear and concise. Use professional language but let your personality shine through – we want to get to know the real you!
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 from our recruitment team.
How to prepare for a job interview at Paragon Bank
✨Know Your Numbers
As an ALM Analyst, you'll be dealing with liquidity risk and interest rate metrics. Brush up on your financial analysis skills and be ready to discuss specific examples of how you've managed these in the past. This will show your expertise and confidence in the role.
✨Prepare for Technical Questions
Expect questions about cash flow forecasting, IRRBB, and stress testing. Review relevant concepts and be prepared to explain your thought process. Use real-life scenarios to illustrate your experience and problem-solving abilities.
✨Showcase Your Communication Skills
Effective communication is key in this role. Practice explaining complex financial concepts in simple terms. Be ready to discuss how you've presented management information in previous roles, as this will demonstrate your ability to convey important data clearly.
✨Emphasise Your Team Spirit
The bank values collaboration, so highlight your experience working in teams. Share examples of how you've supported colleagues or led projects, and express your enthusiasm for contributing to a positive team environment.