ALM Risk Analyst (14 Month FTC and open to PART TIME)

Close Brothers Group ,
London, Greater London
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Overview

Job Description

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

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