Senior Control Risk Analyst - Structural Balance Sheet Risk

Aresbank; Madrid; On-site; EUR 65,000 - 90,000; Full time

Benefits offered by this job

Private health insurance

Pension fund contribution

Life insurance

31 days vacation

International environment

Job summary

Aresbank is seeking a Senior Control Risk Analyst to strengthen liquidity risk and structural balance sheet oversight. You will independently monitor liquidity, evaluate key metrics, and ensure robust governance under the Second Line of Defense.

You will contribute to policy development, regulatory interactions, and reporting to ALCO and the Board, working with Finance, Treasury, Risk, and Internal Audit to maintain sound risk governance.

Qualifications

• Bachelor’s degree in a related field (Economics, Finance, Mathematics, Statistics).
• Experience in financial risk management, preferably liquidity risk/ALM/structural balance sheet risk.
• Certifications such as FRM or CFA are advantageous.

Responsibilities

• Monitor liquidity position under normal and stressed conditions.
• Assess reliability of regulatory/management metrics (LCR, NSFR, EVE, NII).
• Analyze funding concentration and liquidity gaps across horizons.
• Ensure compliance with RAF limits and monitor early warning indicators.

Skills

Liquidity risk

Regulatory metrics (LCR/NSFR/EVE/NII)

MIRAI

SQL

Excel

Education

Bachelor’s degree in Economics/Finance/Mathematics/Statistics

FRM (advantage)

CFA (advantage)

Tools

MIRAI

SQL

Job description

Senior Control Risk Analyst - Structural Balance Sheet Risk (second line of defense)

About This Opportunity

Join Aresbank’s Risk Control team as a Liquidity Risk and Structural BalanceSheet Risk Specialist and play a key role in strengthening the bank’s risk management framework. In this position, you will be responsible for identifying, measuring, monitoring, and controlling liquidity risk and structural balance sheet risks, ensuring effective independent oversight in line with the bank’s risk management policies and regulatory requirements. As part of the Second Line of Defense, you will contribute to maintaining the bank’s financial stability, supporting sound risk governance, and promoting a robust and proactive approach to risk management.

Key Responsibilities

1. Oversight and Control of Liquidity Risk and Structural Balance Sheet Risks

• Independently monitor the Bank’s liquidity position under both normal and stressed conditions.
• Assess the reliability of processes used to calculate regulatory and management metrics, including, but not limited to, the Liquidity Coverage Ratio (LCR), Net Stable Funding Ratio (NSFR), Economic Value of Equity (EVE), and Net Interest Income (NII).
• Analyze funding source concentration and liquidity gaps across different time horizons.
• Verify compliance with internal limits approved under the Risk Appetite Framework (RAF) and analyze trends in early warning indicators associated with liquidity risk.
• Assess the adequacy of monitoring and escalation mechanisms in the event of limit breaches or early warning indicator triggers.

2. Liquidity Risk and Structural Balance Sheet Risk Management Framework

• Contribute to the development and periodic review of liquidity risk management policies, procedures, and controls.
• Assess the adequacy of the liquidity risk framework against regulatory requirements and supervisory best practices.
• Evaluate the effectiveness of the Contingency Funding Plan and monitor the mechanisms governing its activation.

3. ICAAP/ILAAP and Regulatory Relations

• Contribute to the preparation of the Internal Capital and Liquidity Adequacy Assessment Process (ICAAP/ILAAP).
• Respond to requests from the Bank of Spain and internal or external auditors regarding liquidity risk management matters.

4. Reporting and Internal Governance

• Prepare periodic reports for the Asset and Liability Committee (ALCO), the Board of Directors, and its delegated committees.
• Clearly communicate identified risks and coordinate mitigating actions, where appropriate.
• Monitor action plans arising from findings or observations raised by supervisors or auditors.

Required Technical Knowledge

Advanced knowledge of the following areas:

• Short- and long-term liquidity risk, funding risk, intraday liquidity, liquidity buffers, and High-Quality Liquid Assets (HQLA).
• Experience using MIRAI, the regulatory and risk management tool.
• Contingency Funding Plans, liquidity stress testing, early warning indicators, and the applicable banking regulations governing these areas.
• Prudential reporting requirements relating to liquidity and funding.
• Data analysis and analytical tools, with advanced Excel skills and knowledge of SQL for data extraction and analysis.

Education and Experience

• Bachelor’s degree in Economics, Business Administration and Management, Finance, Mathematics, Statistics, Engineering, or a related field.
• Previous experience in financial risk management or risk control, preferably in liquidity risk, Asset and Liability Management (ALM), or structural balance sheet risk.
• Professional certifications such as the following will be considered an advantage:
• FRM (Financial Risk Manager).
• CFA (Chartered Financial Analyst).

Analytical Skills

Ability to interpret large volumes of financial information, identify emerging risks, and assess the impact of different economic scenarios on the Bank’s liquidity position.

Critical Thinking and Independence

Ability to challenge assumptions, validate methodologies, and provide independent assessments, in line with the responsibilities of a Second Line of Defense function.

Communication and Influencing Skills

Ability to communicate complex technical issues clearly, accurately, and in a decision-oriented manner to Senior Management and governing bodies.

Accuracy and Attention to Detail

High standards in reviewing data, models, and regulatory metrics, ensuring the quality and reliability of the information used.

Collaboration and Teamwork

Ability to work effectively with Treasury, Finance, Risk Management, Compliance, Internal Audit, and supervisory authorities, while consistently maintaining the independence required of a control function.

What We Offer:

• Immediate incorporation.
• Continuous professional development and training.
• Private health insurance
• Pension fund contribution
• Life insurance
• 31 business days of vacation.
• International and dynamic work environment.