Treasury ALM Manager

Team Treasury

Location Holborn Office

County Central London

Ref # 19275

Closing Date 14-Jul-2023

We have been awarded the “Most Loved Workplace”! At Metro Bank, people come first – our culture is all about bringing the best out in our colleagues, and making sure everyone feels valued, respected, seen and included. We strongly believe in a diverse and inclusive workplace and to find the very best person for the job, we always look across a wide range of diverse communities.   

 What you will do:
 

•    Own the scenario and stress testing that forms part of the bank’s key regulatory documents i.e. ILAAP, ICAAP and Recovery Plan, and the key internal documents

•    Support setting the bank’s Treasury risk appetites and Treasury policies, and shepherd them through governance

•    Contribute to writing the Bank’s ILAAP, ICAAP, Recovery Plan documents

•    Develop methodology and assumptions for our ALM models, helping to model the balance sheet more accurately

•    Collaborate with the Portfolio Manager to help them understand the investments they can make given interest rate and liquidity constraints

•    Partner with the FX and Money Markets manager to help them optimize cash management, intraday and foreign currency liquidity

•    Work closely with Treasury BSM to enable them to optimize the balance sheet within Treasury risk appetites

 And... we are a bank so risk is a part of everything we do. We love people who take responsibility, do the right thing for customers, colleagues and Metro Bank and have the ability to call out any concerns.

 What you will need: 
 

•    Understand the risks associated with your job and what that means for you, Metro Bank and all our stakeholders

•    Excellent knowledge of interest rate in the banking book 

•    Experience of ILAAP and ICAAP document looks like, and how it influences the management of the bank

•    Sound understanding of how Treasury policies impact both the day-to-day running of the bank, and its long term goals

•    Experience of banking and treasury products, and the inherent risks they contain

•    Knowledge of Regulation pertinent to the bank’s Treasury function and also knowledge of wider PRA policy statements and consultation papers

•    Experience of demonstrating Treasury best practice to Internal Audit and Regulators 

•    Understand the link between RWAs, Capital, RoE and income and understand regulatory changes that impact capital

 Our promise to you…
 

•    We will make sure that you are well-rewarded by providing you with a competitive salary, discretionary annual bonus, and a wide range of benefits, including generous holiday allowance, attractive pension scheme, healthcare, life assurance, and a number of colleague discounts! 

•    We will give you the training to ensure you succeed in your role and plenty of internal opportunities to progress your career (around 40% of our recruitment comes from internal promotions!). 

•    We are also all about balance so most of our jobs offer the opportunity for hybrid working built around your role and home life, wherever possible.

Important Footnote

Diverse teams really are the best teams. We know that candidates (especially women, research tells us) may be put off applying for a job unless they can tick every box.  We also know that ‘normal’ office hours aren’t always doable, and while we can’t accommodate every flexible working request we are happy to be asked.  So if you are excited about working with us and think you can do much of what we are looking for but aren’t sure if you are 100% there yet… why not give it a whirl? Please note that sometimes we may close a job earlier for applications if we are inundated with amazing candidates.. Good luck!