ALM Senior Analyst
ALM Senior Analyst
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
OVERALL SUMMARY
At Close Brothers we look to recruit individuals from all different backgrounds and encourage you to apply even if you dont tick every box. We celebrate diversity promote inclusivity and are open to discuss flexible work options to help you balance your work and home life.
Join the Close Brothers TreasuryTeam where you will be responsible for the identification and centralisation into Treasury of interest rate risks that arise across the Close Brothers Banking Book balance sheet.
The successful candidate will work closely with the business lines to identify interest rate exposures on their product offerings including embedded optionality exposures. They will also work in partnership with Finance and Risk to ensure that the identified risks are reported in an accurate and timely fashion.
RESPONSIBILITIES
-
Asset and Liability Management
- Working with the various businesses to identify and manage interest rate risk exposures arising from their products. This includes working with the businesses to review business assumptions and key risk indicators and presenting any findings and recommended actions to business Risk Committees and ALCO
- Propose trades to hedge the interest rate risk that arises on the business balance sheets and ensure that the intercompany funding process operates effectively
- Work with the business to evolve behavioural modelling on assets and liabilities to inform interest rate risk measurement and liquidity treatment
- Work closely with the ALM Risk team to ensure that the risk position is well understood and captured in Risk metrics
- Contribute to the ongoing development of central hedging programmes including structural hedging
- Support the production of enhanced analytics and modelling approaches to support the ALCO agenda
Processes / Reporting
- Produce and develop MI that shows the effectiveness of the Treasury hedging programme
- Document key assumptions risk drivers and limitations of models used for ALM scenarios and key stress tests
- Support the production of adhoc analysis and special papers to be presented at Treasury committees
- Support the design and build of hedging models and analytics quantifying the impact of various market scenarios
People
- The candidate will be expected to work closely and proactively with managers at all levels as well as liaising with other Treasury Finance and Risk representatives
- Support the Treasury BSM team where necessary to ensure high quality delivery of team responsibilities that cover managing IRRBB liquidity and funding
Conduct Risk and Compliance
- Ensure that all Governance and Compliance requirements are adhered to and all reporting and reviewing activities required by the Regulatory Bodies are carried out to the standards required
- Understand the risks and challenges associated with IRRBB including the required aspects for regulatory rules
WE WOULD LOVE TO HEAR FROM YOU IF HAVE/ARE:
- Ableto quickly establish strong working relationships with business Treasury Finance and Risk managers across the Group
- Excellent quantitative skills ideally with risk management experience
- Ableto manage work requests working to tight timescales whilst maintaining quality
- Able to track record of delivery
IT IS NOT ESSENTIAL BUT IT WOULD BE GREAT IF YOU HAVE:
- Financial modelling skills and techniques for both treasury and banking products
- Experience in ALM BSM NTMR or IRRBB within retail banking
- Good understanding of different asset and liability products offered and their distinct finance behaviours and characteristics
We are an inclusive organisation and committed to ensuring our recruitment process is as accessible as possible to everyone. We will make adjustments for people who have a disability or longterm condition. If you need the job description or application form in an alternative format or would like to discuss the recruitment process with us please email us ator request a call back.
ABOUT US
For roles offering hybrid working:At Close Brothers we support employees to balance their work life priorities and in this role you will be able to enjoy a mixture of hybrid working.
Close Brothers is a leading UK merchant banking group providing lending deposit taking and securities trading. We employ approximately 3000 people principally in the United Kingdom and Ireland. Close Brothers Group plc is listed on the London Stock Exchange and is a constituent of the FTSE 250.
To find out more about Close Brothers please visit our careers page: find out more about life at Close Brothers:
find out more about our benefits:
find out more about our commitment to creating an inclusive environment:
Our Responsibility Diversity and inclusion Close Brothers Group
#LITM1 #LIHYBRID
The Company
At Close Brothers Group we are all connected by our mission to be the best place in the UK for wealth professionals and their clients.
We believe that everyone should think ahead have a financial plan and invest wisely. Our clients are professionals business owners individuals charities families and employers who rely on our clear financial advice and investment management services to preserve and grow their longterm savings and investments.
We are a team of about 900 people based in15 offices across the UK. Our geographic footprint means we can combine a local approach with facetoface services to enable strong longterm relationships with our clients.
Sustainability is fundamental to our purpose and we have a responsibility to help address the social economic and environmental challenges facing our business colleagues and clients. We strive to do the right thing and are dedicated to helping the charities that matter most to our people.
Our vision is to develop an open and inclusive company that ensures everyone is valued respected and included so that in years to come our business will represent a diverse and inclusive workforce from the top down.
We look to recruit individuals from all different backgrounds. If this job is of interest to you but you do not meet every criteria then we encourage you still to apply as we are open to providing training opportunities. As an early adopter of hybrid working we are open to discussing all types of flexible working options helping you to balance your work and home life.
The Benefits
Private medical
Discounted health checks
Stakeholder pension contribution
Cycle to work scheme
Gym discounts
Purchase additional holiday
Documents
Required Experience:
Senior IC
Employment Type
Unclear
