Asset & Liability Management (ALM) Analyst

2 weeks ago


United Kingdom in Newbury Full time
Asset & Liability Management (ALM) Analyst

fully

Posted 1 day ago

This advertiser has chosen not to accept applicants from your region.

Cynergy Bank was established in 2018 by entrepreneurs to serve theneeds of business owners, property entrepreneurs and familybusinesses. We have a strong track record supporting businesses thatwant to scale up and provide over £3bn lending to scaling businessesacross the UK, we also offer retail deposits to UK savers. Our visionis to provide a truly personalised service that is delivered throughface-to-face relationships and enhanced by the latest technology.

Full Job Description

Cynergy Bank was established in 2018 by entrepreneurs to serve theneeds of business owners, property entrepreneurs and familybusinesses. We have a strong track record supporting businesses thatwant to scale up and provide over £3bn lending to scaling businessesacross the UK, we also offer retail deposits to UK savers. Our visionis to provide a truly personalised service that is delivered throughface-to-face relationships and enhanced by the latest technology.

Application Deadline: Friday31st May 2024

Hybrid Working Pattern - 3days in Office & 2 WFH

About us

Cynergy Bank is the UK’s human digital bank serving the needsof ‘scale up’ or medium sized and fast-growing SMEs; professionals;high net worth and mass affluent individuals, in essence those marketsegments that still value human service enabled by great technology.

We recognise that professional and personal lives often overlapand our mission is to help empower our customers to achieve theirambitions by serving all their interdependent banking needs. Weprovide a comprehensive range of digitally enabled products andservices to meet the property finance, business and commercialbanking, private banking and personal savings needs of our customers.

Our human and digital model transforms banking for customerswho still value a face-to-face relationship that is enabled by thelatest digital technology.

We partner with firms such as GoogleCloud, Cigniti and Slalom as we continue to innovate in the humandigital space.

Cynergy Bank Limited is authorised by thePrudential Regulation Authority and regulated by the Financial ConductAuthority and the Prudential Regulation Authority. Eligible depositswith Cynergy Bank Limited are protected by the UK FinancialServices Compensation Scheme .

For more information onCynergy Bank visit

Company Benefits

  • Competitive Salary and Company Bonus
  • 210 hours(30 days) holiday plus bank holidays
  • Option to purchase anadditional 10 days holiday
  • Pension contribution and LifeAssurance
  • Income Protection Scheme and Season Ticket Loan
  • Private Medical Insurance and Health Check (After Probation)
  • Electric Car Scheme and Money Coach (After Probation)

The role

Asset& Liability Management (ALM) acts as a first line of defence forTreasury and is responsible for monitoring and managing liquidity,funding & cashflow risks, IRRBB & FTP. Alongside the day-to-daymanagement of ALM activities, there is a requirement to accommodatestrategic changes and drive continuous improvement on all aspects ofALM to include IRRBB and capital. Given the number of keyaccountabilities this is a significant hire for the Bank and GroupTreasurer. The individual should be highly motivated with a strongfocus on operational activities in relation to data management,reporting and the control framework.

The ALM Analyst will report to the Head of ALM, who will beresponsible for performance review meetings, 121’s and developmentconversations.

Responsibilities:

  • The Bank’scashflow management and forecasting process
  • Overseeing themanagement of daily liquidity requirements, to include the running,monitoring and reporting of key metrics
  • Managing the weeklySubALCo and monthly ALCO process on behalf of the Head of ALM / GroupTreasurer
  • Supporting the management of the Bank’s liquidassets buffer in adherence with internal and regulatory limits
  • Providing support for the annual update of the InternalLiquidity Adequacy Assessment Process (ILAAP)
  • Assist in thedevelopment and execution of the Bank’s funding strategy
  • Assisting in the management of the Bank’s IRRBB exposure inline with Bank policy
  • Assist the Head of ALM in drivingforward optimisation initiatives (including Funding Strategy) andembedding FTP across the organisation providing support and cover forwider ALM team members

This role will grow in line withthe growth of the Bank and the Treasury function and will provide anopportunity to shape the function into a Centre of Excellence.

Additional Responsibilities for Role

  • Individual should expect high involvement with Treasurysystems implementation in 2024/25 (Siena, Eurobase) as theorganisation looks to embed the new Treasury & Risk system
  • Support the Head of ALM at all times. Provide holiday coverfor ALM, which will involve exposure to Liquidity, Funding, IRRBB andFTP activities to include monitoring and reporting

Essential Knowledge & Experience

  • Be highly experienced in all areas of Bank ALM managementand have at least 2-5 years experience working in Treasury functionwithin the financial services industry
  • Have in-depthknowledge and proven history of liquidity / funding risk managementand stress testing and good knowledge of IRRBB and FX risk
  • Behighly IT and numerically literate.
  • Be able to work in ahigh pressured and fast-moving environment, dealing with practicalsolutions
  • Be a clear and effective communicator, both writtenand oral
  • Have awareness of non-ALM related risk such ascredit, operational, capital and legal
  • Have advanced Excelskills

Desirable knowledge &Experience:

  • Strong knowledgeof banking regulation particularly as relates to funding and liquidity
  • Participation in the delivery of ILAAP, ICAAP and RRP
  • Experience of implementing and developing ALM systems andability to interrogate underlying data

Behavioural Attributes:

  • Proven stakeholder management and ability to manage competingpriorities as they arise
  • A co-operative and collaborativeattitude who can work well in and across teams, both within finance /treasury and across the wider business
  • Proven self-starterwho can take the lead in issue identification and problem solving
  • Good communication skills and ability to translate complextreasury activities into easy-to-understand explanations
#J-18808-Ljbffr

  • United Kingdom in Newbury Full time

    Asset & Liability Management (ALM) Analyst Cynergy Bank was established in 2018 by entrepreneurs to serve theneeds of business owners, property entrepreneurs and familybusinesses. Friday31st May 2024 Hybrid Working Pattern - 3days in Office & 2 WFH Cynergy Bank is the UK’s human digital bank serving the needsof ‘scale up’ or medium sized and...


  • United Kingdom FIS, Inc. Full time

    Technology Business Consultant II - Risk Management/Treasury/ALM To reinforce our consulting team in the London office, we are looking for a Risk Consultant with strong functional expertise coupled with a passion for technology and strong analytical and communication skills. Your main responsibilities: Provide onsite and remote implementation consulting...


  • United Kingdom Dragonfly Asset Management Full time

    This is a remote role, and while we prefer candidates to be based in the UK, we welcome applicants from other parts of the world. Dragonfly Asset Management is a London-based Crypto asset investment research firm. The experienced investment team has a track record of over 20 years of superior risk-adjusted investment returns at major financial institutions...


  • United Kingdom Stenham Asset Management Full time

    PLEASE REVIEW AND ANSWER THE APPLICATION QUESTIONS BELOW BEFORE SUBMITTING YOUR APPLICATION Email your CV and answers to the application questions to recruitment@stenham.com Application Questions: • What drives stock prices up / down? (200 words max)• What are the key attributes you look for when deciding to invest in a business? (200 words max)•...


  • United Kingdom Irish Life Group Services Limited Full time

    Press Tab to Move to Skip to Content Link Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation. Canada Life UK is transforming to create a more...


  • United Kingdom Empirical Search Limited Full time

    Unique opportunity to join a leading financial institution in the north of England and functionally own the Capital Management process. Functional ownership of the capital management processes, including internal and regulatory reporting, analysis, controls, and the production of plans/forecasts and the Society’s ICAAP. Expert knowledge of capital...


  • United Kingdom Hanning Recruitment Full time €80,000

    Junior Analyst / Asset Manager – Real Estate Our client is innovating the way Real Estate projects such as tall offices and masterplans are conceived, designed, delivered, prelet and managed through radically different management methods and intelligent use of 3D technology. They are generally required to drive process and consultant actions and...


  • United Kingdom Starsight | Analyst Relations Full time

    Company Description. Starsight Communications is Europe's largest and most respected EMEA analyst relations (AR) consultancy. We provide growth and scale companies with strategic expertise and hands-on tactics to enhance their analyst relations. Founded by experienced AR practitioners, Starsight Communications is committed to delivering exceptional...


  • United Kingdom Starsight | Analyst Relations Full time

    Company Description.Starsight Communications is Europe's largest and most respected EMEA analyst relations (AR) consultancy. We provide growth and scale companies with strategic expertise and hands-on tactics to enhance their analyst relations. Founded by experienced AR practitioners, Starsight Communications is committed to delivering exceptional results...


  • United Kingdom Starsight | Analyst Relations Full time

    Company Description. Starsight Communications is Europe's largest and most respected EMEA analyst relations (AR) consultancy. We provide growth and scale companies with strategic expertise and hands-on tactics to enhance their analyst relations. Founded by experienced AR practitioners, Starsight Communications is committed to delivering exceptional results...


  • United Kingdom Starsight | Analyst Relations Full time

    Company Description.Starsight Communications is Europe's largest and most respected EMEA analyst relations (AR) consultancy. We provide growth and scale companies with strategic expertise and hands-on tactics to enhance their analyst relations. Founded by experienced AR practitioners, Starsight Communications is committed to delivering exceptional results...


  • United Kingdom Starsight | Analyst Relations Full time

    Company Description. Starsight Communications is Europe's largest and most respected EMEA analyst relations (AR) consultancy. We provide growth and scale companies with strategic expertise and hands-on tactics to enhance their analyst relations. Founded by experienced AR practitioners, Starsight Communications is committed to delivering exceptional...


  • United Kingdom Starsight | Analyst Relations Full time

    Company Description Starsight Communications is Europe's largest and most respected EMEA analyst relations (AR) consultancy. Founded by experienced AR practitioners, Starsight Communications is committed to delivering exceptional results for our clients and voted 3 times best EMEA IIAR AR agency of the year. We're a small and closely knit team, focussing...


  • United Kingdom Starsight | Analyst Relations Full time

    Company Description Starsight Communications is Europe's largest and most respected EMEA analyst relations (AR) consultancy. Founded by experienced AR practitioners, Starsight Communications is committed to delivering exceptional results for our clients and voted 3 times best EMEA IIAR AR agency of the year. We're a small and closely knit team, focussing...


  • United Kingdom Starsight | Analyst Relations Full time

    Starsight Communications is Europe's largest and most respected EMEA analyst relations (AR) consultancy. Founded by experienced AR practitioners, Starsight Communications is committed to delivering exceptional results for our clients and voted 3 times best EMEA IIAR AR agency of the year. We're a small and closely knit team, focussing on quality and...


  • United Kingdom FIS, Inc. Full time

    Technology Business Consultant II - Risk Management/Treasury/ALM To reinforce our consulting team in the London office, we are looking for a Risk Consultant with strong functional expertise coupled with a passion for technology and strong analytical and communication skills. Provide onsite and remote implementation consulting in the field of Asset &...


  • United Kingdom Saxton Leigh Full time

    THE COMPANY: Our client is a leading international bank based in the City. They are looking for a Senior Risk Control Officer to join their Risk and ALM team. THE RESPONSIBILITIES: Support the Head and the Risk & ALM teams in the day-to-day management of risk, with particular focus on liquidity risk and ALM, but also enterprise risk management (ERM)...


  • United Kingdom Saxton Leigh Full time

    THE COMPANY: Our client is a leading international bank based in the City. They are looking for a Senior Risk Control Officer to join their Risk and ALM team. THE RESPONSIBILITIES: Support the Head and the Risk & ALM teams in the day-to-day management of risk, with particular focus on liquidity risk and ALM, but also enterprise risk management (ERM)...


  • United Kingdom Capital Dynamics Full time

    Role: Analyst OR Associate - Investor Relations Management (Private Equity) Location: Capital Dynamics is an independent global asset management firm focusing on private assets, including clean energy, private equity (primaries, secondaries and co-investments) and private credit. Established in 1988, the Firm has extensive knowledge and experience...


  • United Kingdom Capital Dynamics Full time

    Role: Analyst OR Associate - Investor Relations Management (Private Equity) Location: Capital Dynamics is an independent global asset management firm focusing on private assets, including clean energy, private equity (primaries, secondaries and co-investments) and private credit. Established in 1988, the Firm has extensive knowledge and experience...