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Head of ALM
Salary up to £145,000 + bonus
cer Financial are working with a global conglomerate, who are recruiting for a Head of Assets and Liability Management to join their team on a permanent basis.
They do need someone in the head office based in Wales 2 days per week accommodation and company car provided.
The Head of ALMT works within and leads the ALMT team and will take the ALMT lead when working with the business to deliver the objectives set. The incumbent will work closely with Chief Finance Officer and ALMT leaders collaboratively as a team but will act autonomously in respects to daily priorities and decision making and engage with external partners.
You will also be charged with Champion development of liquidity and interest rate risk reporting. You will have held a lead role within large corporate financial services, have experience supporting C Suite level strategic planning and implementation.
Role:
- Planning the optimal liquidity and long-term financing needs and optimize the entities balance sheet in line with its delegated mandate
- Defining and implementing financing, investment and hedging strategies (rates, exchange rates, liquidity, etc.) in coordination with the JV shareholders, with respect to the defined and authorized limits
- Identifying and monitoring relevant indicators to maintain a balanced balance sheet: regulatory indicators, sensitivity of net interest margin, net present value, etc.
- Reporting to the Management Committee on ALM Treasury issues and to the requests of shareholders through their specialized services
- Managing the existing deposit activity in coordination with the shareholders. Study and if necessary, implement the deployment of repository activity in new geographies.
Other duties:
- Managing the ILAAP reporting and its board validation
- Monitoring liquidity ratios (LCR, NSFR)
- Monitoring MREL ratio
- Propose RWA optimization, through securitisations, credit insurances etc
Qualifications:
- Bachelor's degree required, Business, Finance, Accounting or related field preferred
- Master's degree desired but not essential
- Professional Finance certification as required
