Job Vacancy Details
ALM Modelling Expert
Financial Services
London, Canary Wharf
Permanent
Updated November 19, 2008
ALM Modelling Expert
London, Canary Wharf
As an asset liability management modelling expert you will work within a dedicated team of around ten people but networking across seven other similar teams within the division. You will build strong relationships with supervisors of high impact or high risk firms across thebusiness and assist them by using your knowledge and experience to challenge firms to manage risks effectively within their own organisations and bring about change.
You will therefore direct and conduct reviews of firms' asset liability management risk with a combination of desk-based and on-site review work. You will also undertake analysis of market intelligence and data on firms' liquidity positions and deliver training to other departments in thebusiness on liquidity risk.
The core review work will cover assessments of firms' strategy and policies concerning treasury, ALM and balance sheet management, firms' business models and sources of risk, stress testing and scenario analysis, interest rate risk and foreign exchange risk outside of the trading book, evaluating the robustness of models used by firms and the competencies and effectiveness of staff and processes in the firms. You will gathering information from a variety of sources including conducting interviews with senior management, examine a variety of internal documentation and management information available to firms and also sources available to the business.
Where you identify areas of concern, you will make recommendations to senior staff and decision making committees. This will include constructively presenting your thoughts both orally and in formal written reports to influence outcomes and illuminate understanding.
You will also undertake 'thematic' reviews across several firms looking at aspects of ALM measurement and management and develop tools forin-house analysis of firms' ALM profiles and validate or challenge firms' own analysis.
Who we're looking for
A good understanding of the financial sector and experience in one or more of the following backgrounds is required:
• Banking
• Investment Banking
• Risk management
More precisely, but not by way of limitation, you are likely to have extensive experience in a modelling team at a bank or investment bank, or experience with consultancy firms or software houses developing ALM tools and techniques. Experience of applying modelling knowledge in industry (rather than in an academic environment) would be desirable.
You are likely to have a good degree in a quantitative subject or equivalent experience and may well have a further professional qualification. You will have good knowledge of one or more ALM software packages (eg: QRM, Sungard BancWare, or IPS Sendero).
Soft skills required are:
• Team working
• Confidence and credibility
• Influencing skills
• Analysis and judgement
• Report writing skills
About our client
Large international Financial Services organisation
What's on offer
Excellent Basic + Bonus
Michael Page Contact
For further info, apply or phone on 0207 776 5960.
Job Ref: 12998546
Your application will be sent to Tom Smith.
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