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 innovation.
- Benefits: Generous holiday allowance, share save scheme, profit-related pay, and employee discounts.
- Other info: Flexible hybrid role with a commitment to diversity and inclusion.
- Why this job: Join a dynamic team and make a real impact in the banking sector.
- Qualifications: Degree in Mathematics or Finance; experience in liquidity risk and IRRBB.
The predicted salary is between 55000 - 65000 £ per year.
We are an award-winning UK bank focused on growth and looking for an experienced ALM Analyst to join our Treasury team.
About The Role
Purpose of the role: An opportunity for a highly analytical individual with Treasury experience to join an integral function of the Bank. The ALM Analyst will enhance analytics and reporting on the Bank's liquidity risk and interest rate risk in the banking book (IRRBB). A flexible approach is 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 cash‐flow modelling.
- Prepare management information, including updates for the ALCO and Treasury team meetings.
- Support the completion of treasury‐related regulatory reporting returns.
- Support Treasury projects as required and provide cover for other members of the Treasury team.
Skills
- Strong data management and analytical skills, including previous use of Microsoft Office package.
- Ability to produce meaningful management information.
- Effective communication skills for written and verbal reporting and 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 & Experience
- Liquidity risk and IRRBB experience in a Bank Treasury department.
- Degree qualified in a quantitative discipline such as Mathematics or Finance or equivalent professional qualification.
Benefits
- Generous Holiday Allowance: Starting from 25 days and climbing to 30, with a day off for your birthday, Christmas Eve, and New Year's Eve. Option to buy or sell up to a week's leave.
- Share Save Scheme: Opportunity to buy shares in Paragon at a discounted rate.
- Profit Related Pay: Share in annual profit with eligible employees.
- Pension Plan: Contribution up to 10% of your annual salary towards your pension.
- Family Friendly policies: Enhanced parental pay and paid time off for fertility treatment.
- Employee Discounts on entertainment, travel, shopping, motoring and more.
- Volunteering Day: One volunteering day per year.
- Life Assurance and Personal Accident Cover.
Working Hours
Monday to Friday – 37.5 hours per week – hybrid role.
Inclusion
As a Disability Confident Employer and an equal opportunities employer, we ensure our vacancies are accessible for everyone. We welcome diversity and care about inclusion.
ALM Analyst in London employer: Paragon Banking Group PLC
As an award-winning UK bank, we pride ourselves on fostering a dynamic and inclusive work environment that prioritises employee growth and well-being. Our Treasury team offers a unique opportunity for ALM Analysts to engage in meaningful projects while enjoying generous benefits such as a flexible holiday allowance, profit-related pay, and a supportive culture that encourages professional development. Join us to be part of a forward-thinking institution that values your contributions and promotes a healthy work-life balance.
StudySmarter Expert Advice🤫
We think this is how you could land ALM Analyst in London
✨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 Paragon Banking Group PLC. 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 ALM Analyst in London
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 Paragon Banking Group PLC.
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 Paragon Banking Group PLC'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 Paragon Banking Group PLC
✨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 Paragon Banking Group PLC.
✨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 Paragon Banking Group PLC 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 Paragon Banking Group PLC 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.
