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ILAAP Senior Manager

Myn
Posted 9 hours ago, valid for 5 days
Location

London, Greater London EC1R 0WX

Salary

£45,000 - £54,000 per annum

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Contract type

Full Time

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Sonic Summary

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  • The ILAAP Senior Manager position is a 6-month contract based in London with a hybrid work model.
  • The role offers a daily rate of £834.81 through an umbrella company.
  • Candidates should possess significant experience in liquidity and funding financial risk management, particularly within a global banking environment.
  • Strong communication skills, the ability to negotiate, and experience with regulatory interactions are essential for this role.
  • The successful applicant will lead the global ILAA process and support recovery and resolution planning efforts.
ILAAP Senior Manager6-month contractLondon – Hybrid£834.81 p/d UmbrellaIf you’re looking for a career that will help you stand out, and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, offers opportunities, support and rewards that will take you further. We are currently seeking an experienced individual to join this team in the role of ILAAP Senior Manager.Role context:The role sits within the Global Treasury and is primarily responsible in delivering the Internal Liquidity Adequacy Assessment (ILAA) document within the Framework, Governance & Policy pillar of Global Liquidity. The role holder will also support the rest of the team with Recovery and Resolution Planning related work. The Global Treasury team is responsible for safeguarding and optimizing the Group’s balance sheet and ensuring entities adhere to the liquidity and funding risk management framework.The purpose of the ILAA Process is to ensure that all significant liquidity and funding risks are identified, monitored and appropriately calibrated and mitigated within risk appetite and in line with the implementation of regulatory and internal policy. The ILAAP also ensures we meet the Overall Liquidity Adequacy Requirement (OLAR) which means we are very likely to be able to meet liabilities as they fall due.Role purpose:• Lead the global ILAA process working closely with the Business, regional liquidity teams, Markets Treasury, Strategic planning and Stress Testing team, and off-shore teams to ensure the ILAAP is delivered on time, accurately and via the appropriate governance forums• Own the group ILAAP process, writing the ILAAP guidance and specific parts of the Group ILAAP.• Ensure Regulatory priorities are implemented within the ILAAP process• Support the Global Liquidity team work on Group Recovery and Resolution plans, and related Recovery and resolution planning work.• Ensure Treasury Risk Management (Liquidity Second Line) are consulted, and any challenge considered in a positive manner• Provide policy interpretation guidance and update procedures as required• Run working groups to inform new procedures associated with specific risk drivers• Ensure Risk Appetite Framework is cascaded appropriately• Be able to represent with the PRA• Present to internal senior committees the results of the ILAAP.Skills and experience:. • Very strong knowledge of liquidity and funding financial risk management is essential for this role• Excellent communication skills, both written and verbal is essential for this role.• Ability to negotiate and drive teams towards achieving common goals is a prerequisite.• Understanding appropriate areas of key liquidity measures as per the Group Framework (ILM, LCR and other secondary monitoring metrics), Bank financial systems, related business areas, products and their strategic drivers is essential• Ability to work independently, manage offshore resources and influence key stakeholders to ensure there is alignment on the delivery of key initiatives.• High knowledge of the regulatory landscape with experience of regulator interaction.• Prior demonstratable experience in working in a global bank in a ALM related role, leading global processes like ILAAP or Recovery Plan is needed.• Very strong interpersonal and communication skills, with highly developed capacity to influence other stakeholders• Proven experience working across business, regional and country dynamics. Understands how conflicts can be managed to deliver assigned tasks• Strategic thinker with deep knowledge of the financial services industry and global marketplace, who is used to applying product and industry knowledge to individual contributor work• Combination of regulator -facing and business operations/programme leadership skill set preferred, including experience of managing projects

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