At a Glance
- Tasks: Develop and implement QRM-based ALM solutions while ensuring regulatory compliance.
- Company: Leading banking institution with a focus on risk management.
- Benefits: Competitive contract rate, hybrid work model, and opportunity to impact high-profile projects.
- Why this job: Join a dynamic team and shape the future of financial risk management.
- Qualifications: 7+ years in Treasury/ALM, strong analytical skills, and proficiency in SQL and Excel.
- Other info: Immediate impact on critical ALM initiatives with excellent career growth potential.
The predicted salary is between 60000 - 84000 £ per year.
Contract: 4-6 months
Location: London Canary Wharf Hybrid - London (3 days in office)
Department: Enterprise Risk Management
Are you a seasoned financial risk professional with deep expertise in Asset and Liability Management (ALM) and the QRM framework? We are seeking a highly skilled Financial Risk Consultant to join a major banking client on a 4-6 month contract. This is an exciting opportunity to work on regulatory-driven risk modeling projects under tight deadlines while collaborating with multidisciplinary teams.
About the Role:
You will leverage your experience in developing, testing, implementing, and using QRM for risk modeling and analysis, ensuring compliance with EBA and Basel III guidelines. The role requires translating complex business and regulatory requirements into robust ALM solutions across the banking book, influencing strategic decision-making while working closely with stakeholders.
Key Responsibilities:
- Develop, test, and implement QRM-based ALM and interest rate risk solutions across all banking book segments
- Ensure QRM outputs comply with regulatory requirements (EBA, Basel III)
- Collaborate with multidisciplinary teams and stakeholders to deliver solutions under tight timelines
- Perform independent data analysis using SQL, ETL, SAS, and Excel
- Apply ALM concepts, including interest rate risk metrics, balance sheet structure, behavioral modeling, hedging strategies, FTP, EVE, and NII sensitivities
Requirements:
- Bachelor's degree in Finance, Economics, Risk Management, Computer Science, Mathematics, or related quantitative field; Master's preferred
- 7+ years of Treasury/ALM experience in medium to large banks (consultancy experience preferred)
- 5+ years hands-on experience developing and implementing ALM and interest rate risk solutions in QRM
- Advanced Excel skills; proficiency in SQL, ETL, SAS, and database management
- Strong understanding of ALM, IRR metrics, regulatory requirements, and risk modeling techniques
- Exceptional analytical, problem-solving, and project management skills
- Excellent communication skills to effectively engage with stakeholders and multidisciplinary teams
- Self-starter with the ability to work independently on complex tasks
Why Join:
This is a chance to make an immediate impact on a high-profile regulatory project within a leading banking institution. You'll work alongside experienced professionals, shaping risk management practices and contributing to critical ALM and IRR initiatives. Apply today if you're ready to bring your expertise in QRM and ALM to a dynamic, challenging, and rewarding contract role.
Financial Risk Consultant - ALM & QRM employer: Randstad Digital
Contact Detail:
Randstad Digital Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Risk Consultant - ALM & QRM
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even hit up LinkedIn. The more you engage with others, the better your chances of hearing about opportunities that might not be advertised.
✨Show Off Your Skills
When you get the chance to chat with potential employers, don’t hold back! Share specific examples of how you've tackled challenges in ALM and QRM. This is your moment to shine and show them why you're the perfect fit for their team.
✨Tailor Your Approach
Every company is different, so make sure you tailor your conversations to match their needs. Research their projects and challenges, and come prepared with ideas on how you can help them succeed. It shows initiative and that you’re genuinely interested!
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the extra step to engage with us directly.
We think you need these skills to ace Financial Risk Consultant - ALM & QRM
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in ALM and QRM specifically. We want to see how your skills align with the job description, so don’t be shy about showcasing relevant projects and achievements!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. We love seeing enthusiasm and a clear understanding of the challenges in financial risk management.
Showcase Your Technical Skills: Since this role involves SQL, ETL, SAS, and Excel, make sure to mention your proficiency in these areas. We’re looking for someone who can hit the ground running, so highlight any relevant projects or experiences.
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’re considered for this exciting opportunity. Don’t miss out!
How to prepare for a job interview at Randstad Digital
✨Know Your QRM Inside Out
Make sure you brush up on your knowledge of the QRM framework and its application in ALM. Be prepared to discuss specific projects where you've developed or implemented QRM solutions, as this will show your hands-on experience and understanding of regulatory requirements.
✨Showcase Your Analytical Skills
Since the role requires strong analytical abilities, come ready with examples of how you've used SQL, ETL, SAS, or Excel for data analysis. Prepare to explain your thought process and how your analyses influenced decision-making in previous roles.
✨Communicate Effectively
This position involves collaboration with multidisciplinary teams, so practice articulating complex concepts in a clear and concise manner. Think about how you can demonstrate your communication skills through past experiences where you successfully engaged with stakeholders.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving and project management skills. Think of situations where you had to meet tight deadlines or navigate regulatory challenges, and be ready to discuss how you approached these situations and what the outcomes were.