Monitor, measure, and manage structural risks in the balance sheet, including liquidity, funding, and IRRBB.
Develop and maintain structural hedging strategies.
Optimise asset-liability mismatches to support sustainable growth.
Analyse repricing gaps and sensitivity of Net Interest Income (NII) and Economic Value of Equity (EVE).
Propose hedging strategies (derivatives, swaps, etc.) to manage structural interest rate exposures.
Ensure modelling assumptions (e.g., deposit behaviour, prepayment rates) remain robust and up to date.
Support the design and maintenance of the FTP framework.
Provide recommendations to business lines on pricing and profitability.
Produce regular ALM dashboards and reports for ALCO, Risk committees and regulators.
Present findings and recommendations to senior management.
Ensure compliance with PRA, BoE, and Basel regulatory requirements.
Work closely with Treasury, Finance, Risk, and business lines to ensure alignment of strategies.
Contribute to stress testing, ICAAP, ILAAP, and Recovery & Resolution planning.

Strong understanding of balance sheet management, liquidity risk, IRRBB, and capital management.
Solid knowledge of PRA/BoE regulatory requirements (LCR, NSFR, IRRBB, ICAAP, ILAAP).
Experience with ALM modelling systems (e.g., QRM, Empyrean, Kamakura, Prometeia).
Analytical mindset with strong quantitative and problem-solving skills.
Ability to communicate complex concepts clearly to senior stakeholders.
Strong organisational and project management skills.
Bachelor’s degree in Finance, Economics, Mathematics, or related discipline (Master’s preferred).
Professional qualifications (e.g., CFA, ACT, FRM, BTRM) are highly desirable.
Vast experience in Treasury, ALM, Risk, or related areas within banking.
Demonstrated track record of managing balance sheet risks in a regulated environment

Senior ALM Manager

Key skills