The ALM Risk Analyst will assist in the continued evolution of the Banks ALM System, and contribute to the ongoing development of the Group’s ALM risk framework and modelling capability.

This is primarily a risk management role and will suit an analyst who has a experience in the identification, monitoring, and reporting of risks,

The ALM Risk Analyst will need to support the ALM Risk Manager to ensure that the ALM risks (Funding, liquidity, interest rate and FX risks) are identified, measured and reported in an accurate and timely fashion within the various business units of the Bank.

Key Responsibilities:

Policy

Support Treasury, Bank and Group in assessing exposure to ALM risks and effecting the appropriate market risk strategy
Have an understanding of how risk management contributes to the achievement of organisational objectives and to demonstrate this to the business
Assist in maintaining relevant group wide Financial Risk policies and standards applicable to each business

Processes

Support the design, development and challenging of the ALM risk metrics and measurement methodologies, in particular modelling the balance sheet under differing scenarios
Support the challenge of assumptions to quantifying customer behaviour (primarily liability) changes due to either market rates or other defined scenarios
Oversea daily monitoring of ALM Risks within the business including Early Warning Indicators and processes supporting the effective management of interest rate risk within the banking book
Check and challenge risks reported within the local business units as second line of defence

Report

Identify improvements to the ALM risk framework and the effectiveness of risk management
Add value through measures which improves understanding about risk exposures, increases, or maintains, profitability and ensures the risks are known, reported and managed
Check / challenge management information for breadth and depth of scope, in particular emerging risks and trends
Support the review of relevant committee packs, suggesting improvements and contributing thought leadership papers surrounding effective ALM risk management
Support the documentation of the ALM risks identified and the production of annual risk assessments throughout the business
Attend risk committees as a deelgate of the ALM when needed. Capture and communicate actions and comments to senior members within the team

People

The candidate will be expected to work closely and proactively with managers at all levels as well as liaising with other finance and risk representatives to develop and establish risk analysis techniques within the firm
Influence and demonstrate credentials in ALM Risk management and able to effectively model the balance sheet
Support the ALM Risk team where necessary to ensure high quality delivery of team responsibilities that cover funding, liquidity, market, credit and operational risk management