Local Knowledge Global Resources Specialist Consultants
- New York
- Hong Kong
ALM Model Risk - AVP
Location: Londres, Angleterre, Royaume-Uni
Salary: £Competitive + bonus
As a member of this high profile, specialist team you will be part of an important project to develop a prototype model which will report on the effectiveness of ALM assumptions.
Your role in the team will be to embed the prototype solution into the overall Group ALM structure, to run the ALM reports and liaise with the business.
The role requires close monitoring of the output on an ongoing basis, ensuring the relevance of the assessment of assumptions and thresholds is maintained and ensuring that these evolve in line with product and customer behaviour changes so that the metrics remain fit for purpose.
You will also be expected to understand changes in behaviour and write commentary on the metrics each month to explain these changes.
The ideal candidate will have a good understanding of IRRBB and ALM modelling, as well as experience of working in banking and knowledge of prepayment assumptions and customer behaviours. Candidates who are interested to move into ALM will also be considered if they are currently working in a role related to ALM (i.e. hedge accounting or financial planning). In this instance, you will need to demonstrate a genuine interest in making the move into treasury/ALM.