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ALM Market Risk Analyst

City, London, United Kingdom, £ £ - Annual Annual, Permanent


Heard of us?

We\'re an award-winning bank; backing people to fulfil life\'s hopes and dreams.

Now is your chanceā€¦

Group Treasury is effectively the engine room of the Bank positioned in the London office. We ensure that Aldermore is liquid, well capitalised and most importantly has sufficient funds to meet on-going obligations at all times.
We undertake a range of complex and skilled tasks; liaising with both internal and external stakeholders to ensure a smooth functioning bank. Liquidity, market risk and fund transfer pricing management is managed by our Asset and Liability Management team (ALM).

ALM is a fast paced and dynamic function. Increasingly, the department also participates in more general Balance Sheet Management and Treasury Analytics. All these responsibilities involve sophisticated financial models, which are owned and maintained by ALM.

The role of Market Risk Analyst is really important to us. It is a varied, interesting and exciting role which has the potential to evolve exponentially over the course of the next year.

When the time is right, we would love to welcome you to our London office. In the meantime you will be based remotely. You\'ll be made to feel part of your new team by your Line Manager, Senior Market Risk Analyst, and colleagues through regular contact and virtual interaction.

What would your day look like?

Daily and monthly reporting of interest rate risk metrics, incl. PV01, EaR and basis risk
Assist in improving the Group\'s risk reporting packs (data visualization, EWIs)
Work with the Treasury Markets team on individual trades and how best to optimize the Group\'s risk positions.
Analyse new product proposals for potential market risk impacts and identify development required to Data warehouse processing
Advise on suitable hedging strategies for ad-hoc secured funding and capital transactions (e.g. AT1, T2).
Assist in continuous development of the bank\'s ALM system (QRM) and perform regression testing as part of each model release.
Act as the \"face\" of the function and hold an ability to communicate to all internal stakeholders.

What do we expect of you?

Experience of working within a Bank Treasury/ALM environment is essential, Retail/Commercial Bank experience of rate derivatives and other Treasury products would be desirable
BSc / MSc (preferably in a STEM field) would be useful
Highly analytical and organised with good attention to detail and high level of accuracy
Ability to engage with stakeholders across a range of functions

Technical Experience includes:

Microsoft Excel with VBA proficiency
Basic understanding of Relational Databases, and experience working with large datasets (SQL, Tableau) Knowledge of QRM / Quantum desirable
Ability to code in R / Python would be beneficial

What can you expect of us?

A friendly and flexible culture, synonymous with our proposition to our customers.
A growing organisation that defines itself as being nimble, lean and strong.
A drive for continuous improvement, which you will be empowered to get behind from day one.
A communicative, accessible and approachable ExCo.And of course, you will be compensated competitively, with a good range of core benefits and bonus potential.

Still Curious?

Aldermore Group was formed by bringing together two very successful businesses, Aldermore Bank and MotoNovo Finance, under the First Rand umbrella. Whilst our parent company operates internationally from their HQ in South Africa, we are a UK-based financial services specialist that supports our customers across a range of products and services.

Underpinned by our strategic blueprint, \"backing people to fulfil life\'s hopes and dreams\", we thrive upon saying \"yes\" to our customers. We respect the ingenuity of entrepreneurs and their startups; we give first-timers a leg-up onto the property ladder; and we open up the lending market to many.

This is where you come in. We are on a journey. A journey defined by a destination; to deliver on our purpose over the course of the next 3 to 5 years.

Join us today and we will make the same promises to you as an employee, as we do to each of our customers. We value your differences; welcoming applications from all sections of society. We continue to build an inclusive, empathetic and creative environment; where your views and contributions will inspire new ways of thinking.


Aldermore is an equal opportunities employer.

We do not accept speculative agency CVs. Any CV received by Aldermore will be treated as a gift and not eligible for an agency fee. PSL agencies should only send CVs if authorised to do so by HR.

Where a DBS check or CIFAS check is identified as necessary, all application forms, job adverts and recruitment briefs will contain a statement that an application for a DBS certificate or a CIFAS check will be submitted in the event of the individual being offered the position

Job Details

Not Specified
City, London, United Kingdom
£ £ - Annual Annual