Financial Risk Manager for Balance Sheet Control

1 week ago


Leeds, Leeds, United Kingdom MERJE Full time

MERJE is partnering with a leading Building Society to find a skilled ALM Manager who specializes in Market Risk.

About the Role:

This opportunity allows you to join the Asset & Liability Management team in the Balance Sheet Control directorate as a market risk expert. In this position, you will be directly responsible for market risk appetite and policy, as well as leading the market risk section of the Society's ICAAP as a subject matter expert. You will support others with your expertise and provide thought leadership in setting market risk appetite.

  1. Stay up-to-date on changes to the regulatory landscape and communicate their impact on the organization.
  2. Develop and promote a positive risk management culture, sharing your knowledge with colleagues.

You will need to have in-depth knowledge of internal and external market risk management metrics, such as NII, VaR, PV01, CSVaR, and regulatory requirements. Additionally, you should be familiar with banking book and financial market products, including finance and balance sheet management within an organization.

  • Prior experience producing the market risk section of an ICAAP and navigating the firm's governance process.
  • Expertise in defining and maintaining banking book structural hedging strategies.
  • Ability to develop and update existing policies to incorporate industry and regulatory changes, ensuring firm-wide compliance.
  • Willingness to mentor and inspire colleagues across the ALM team to deliver exceptional results.

The estimated annual salary for this position is around £80,000 - £110,000 depending on location and experience.



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