ALM Market Risk Manager

Leeds Building Society; Leeds; On-site; GBP 50,000 - 70,000; Full time

Job summary

A regional building society in Leeds is seeking an ALM Manager to oversee market risk management. You will manage a team, ensure compliance with regulations, and develop effective policies to control balance sheet risks. The ideal candidate will have strong experience in market risk, excellent analytical skills, and the ability to communicate complex ideas clearly.

Benefits

Annual colleague bonus of up to 12%

Matched pension contributions of up to 10%

26 days holiday plus bank holidays

Electric vehicle scheme/ Cycle to Work scheme

2 days' volunteering per year

Qualifications

• Strong background in monitoring, analyzing, and reporting balance sheet risks.
• Ability to ensure compliance with regulatory requirements.
• Experience managing a team in risk assessment.

Responsibilities

• Oversee the management of the ALM Market Risk team.
• Monitor and report on the Society's balance sheet risks including market risk.
• Develop and maintain policies for control of balance sheet risks.

Skills

Specific Market Risk Knowledge

Experience in a similar role within a building society or bank

In-depth knowledge of financial markets and Market Risk methodologies

Experience using QRM and/or Treasury Management Systems

Experience building complex reports

Excellent analytical skills

Strong attention to detail

Ability to manage and analyze large sets of financial data

Strong communication skills

Job description

How you'll help us live our purpose

We've been helping our members save for their future and buy a home of their own since 1875. By joining us, you'll play a big role in helping us to put home ownership within reach of more people, generation after generation.

It's a purpose that drives everything we do and one we're proud of. And you can play your part too – join us as our ALM Manager (Market Risk), reporting into the ALM Lead.

How you'll make a difference

This is a 12-month fixed term contract. To oversee the management of the ALM Market Risk team in monitoring, analysing and reporting the Society's balance sheet risks including market risk. Market risk includes interest rate, basis, and foreign currency risks. You will ensure compliance with regulatory requirements and guidance for balance sheet risk management, whilst continually developing and maintaining appropriate policies and procedures for the control of appropriate balance sheet risks.

What will you bring to the role?

• Specific Market Risk Knowledge
• Experience within a similar role within a building society or bank.
• In depth knowledge and understanding of the financial markets and Market Risk methodologies and measurement techniques.
• Experience of using QRM and / or other Treasury Management Systems
• Experience of building complex reports.
• Excellent analytical skills and a strong attention to detail.
• Ability to manage and analyse large sets of financial data.
• Ability to communicate proposals and recommendations (which may be complex) in written and verbal form to a range of recipients including senior management.

And in return, you'll get the best from us:

• An annual colleague bonus of up to 12%
• Matched pension contributions of up to 10%
• 26 days holiday, plus bank holidays and holiday purchase scheme of up to 5 days each year
• Electric vehicle scheme/ Cycle to Work scheme
• 2 days' volunteering per year

We'll give you a place to belong with the support to learn, develop and shape a meaningful career.

Why choose Leeds Building Society?

Our business is centred around our people. Our colleagues are at the heart of everything we do and we're extremely proud of our Inclusive Employers Gold accreditation in 2023. We're committed to equal opportunities regardless of race, colour, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability or gender identity.

You'll be joining a truly purpose-focused culture which helped us win the Leading with Purpose award at the 2023Business Culture Awards. This recognises the progress we're making to embed our purpose with our colleagues, and the actions we've taken to put home ownership within reach of more people, generation after generation.

Why wait? Apply now

We'd love to hear from you. But don't wait around - we may close the advert early and we'd hate for you to miss out.

Leeds Building Society is devoted to creating a culture and workplace that is representative of the communities we serve. If you'd like to work with us but are unsure if you meet the full criteria for a role, please contact the recruiter as we'd like to find out more about the skills and experience that you could bring to the Society. We're committed to supporting you to be at your best and if you'd like to discuss any reasonable adjustments, please reach out to us on [e-mail].

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