Title:

Asset & Liability Risk Manager

Location:

London - EC

Salary:

GBP 50,000 to GBP 60,000 per year (Full Benefits Package)

Description:

aspire have an excellent opportunity for an Asset & Liability Risk Manager to join the Asset Management arm of a majorinvestment bank based in Central London.The Role To proactively & effectively identify, quantify, monitor, manage and forecast all funding, liquidity and interest raterisks on the Banking Book using the most appropriate risk methodologies and techniques adopted by the Global BalanceSheet Risk Management (BSRM) division and approved by Senior Management of the Group. Understand, update and review the various policies and guidelines that govern the BSRM division. Monitor the various risks against internal triggers and limits as well as against regulatory limits. Provide accurate and meaningful daily risk reports covering funding, liquidity and interest rate risks to dealers andmanagement on a timely basis. Prepare forecasts of the daily liquidity position. Prepare weekly, monthly, quarterly and ad-hoc reports covering the various risks and issues that fall under the controland supervision of the BSRM division. Prepare the monthly packs and presenting at the PB and Main ALCO. Analyse trends and patterns across the different indicators and figures produced. Ensure the completeness and appropriateness of the RiskPro model. Keep up to date with the latest developments within the industry and relevant regulation.Candidate Specification Preferably undergraduate or postgraduate qualifications in Engineering, Actuarial Science, Mathematics, Statistics orsimilar 3 years+ experience in Asset & Liability Management Must have a good understanding of the financial markets and instruments Have a good understanding of the mathematical models used to price and value products Knowledge of the regulation governing the asset and liability management of the bank Knowledge of the various types of instruments that make up the balance sheet Knowledge of the various industry-accepted ALM risk techniques Knowledge of Interest Rate modelling, generating interest rate scenarios, gap analysis, hedging strategies, Value atRisk and dynamic simulations Analytical skills Quantitative, Problem solving & Judgment Communication & Presentation skills Some experience of an ALM system (QRM, RiskPro, etc.) would be a definite plus Proficient IT skills in the likes of the Microsoft Office suite, statistical packages, Acrobat Writer, etc. Good interpersonal skills Good communication and presentation skills Self-motivatedIn return you will be offered a basic salary of between GBP 50,000 - GBP 60,000 plus benefits.To apply, please send your CV to aspire...