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Senior ALM Manager

City of London Permanent £130,000 - £160,000 per year View Job Description
The Senior ALM Manager will be responsible for managing the bank's balance sheet risks, with a particular focus on interest rate risk in the banking book (IRRBB), and market risk.
  • Covers a broad spectrum of financial responsibilities for the Bank.
  • Great leadership role focused on ALM

About Our Client

UK's fastest growing company - and the fastest-growing financial technology (Fintech) firm ever.

Job Description



Balance Sheet Management:

  • 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.
  • Interest Rate Risk:
  • 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.



Funds Transfer Pricing (FTP)

  • Support the design and maintenance of the FTP framework.
  • Provide recommendations to business lines on pricing and profitability.



Reporting & Governance

  • 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.



Collaboration

  • Work closely with Treasury, Finance, Risk, and business lines to
  • Ensure alignment of strategies.
  • Contribute to stress testing, ICAAP, ILAAP, and Recovery & Resolution planning.



The Successful Applicant

Personal Attributes & Experience

  • 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.

Qualifications & Experience

  • 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



What's on Offer

  • Permanent Senior ALM Manager position based in London.
  • Salary of £130,000 to £160000, dependent on the level of experience.
  • Equity



Contact
Joanna Davis
Quote job ref
JN-102026-7131853
Phone number
+442072692140

Job summary

Job function
Treasury
Subsector
Treasury
Sector
Financial Services
Where
City of London
Contract type
Permanent
Consultant name
Joanna Davis
Consultant phone
+442072692140
Job reference
JN-102026-7131853