Alm Transformation
2 weeks ago
**ALM Transformation Senior Manager**
**London**
As a Barclays ALM Transformation Senior Manager, you will focus on driving the Transform agenda for ALM by interpreting regulatory requirements, interlocking with stakeholders, determining the changes required across the activities and working with Technology to build solutions. Any changes to existing activities should be well documented to ensure that Interest Rate Risk in the Banking Book. This is a great opportunity to join a knowledgeable team to support you in developing your career.
Barclays is one of the world's largest and most respected financial institutions, with 329 years of success, quality and innovation behind us. We offer careers that provide endless opportunity - helping millions of individuals and businesses thrive, and creating financial and digital solutions that the world now takes for granted.
**What will you be doing?**:
- Identifying and managing IRRBB arising from the various businesses within Barclays and supporting product and structural risk hedging strategy reviews
- Planning and managing the tasks to meet the BCBS368 regulatory requirements (ALM Modelling, Dynamic Balance sheet, risk reporting, QRM scenario assessment)
- Representing ALM in New Product Approvals process, identifying interest rate risk of new products and raise conditions in order to setup hedging strategies and reporting requirements
- Supporting Bespoke Projects, aimed to optimise the banking book Balance Sheet, through the development of hedging solutions to mitigate business interest margins
- Participating in Libor Reform Programmes to evaluate impacts on ALM risk reporting and hedging requirements
- Developing hedging processes automation, constantly seeking ways to innovate and enhance performance
- Providing insights and analysis on customer and market conditions and impact on IRRBB
**What we’re looking for**:
- Previous customer banking book ALM/IRRBB experience
- Good understanding of the IRRBB regulatory environment
- Excellent understanding of a bank’s balance sheet and sources of interest rate risk
**Skills that will help you in the role**:
- Ability to explain technical concepts in a simple, concise, succinct manner
- Excellent stakeholder management skills with a proven record of presenting to a wide range of audiences
- Excellent numeric ability and analytical skills
**Where will you be working?**
In the heart of Canary Wharf, our headquarters at Churchill Place boasts onsite amenities such as; a gym, staff restaurant and deli bar, and is easily accessible by tube and bus links. With a population of around 5000 staff the atmosphere is second to none with a real buzz being created around the offices within.
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