Description
QRM Modelling Manager is required to run and develop a QRM team within Wholesale ALM business unit.
Skills required:
* Expert in the use and development the QRM Asset & Liability Management system
* At least 5 years experience arising in ALM/product development/product control/ALM or structuring.
* Proficient with the range of market instruments for hedging and be able to construct hedges using variety of instruments to remove risk.
* Expert understanding of pipeline risk, prepayment risk, and option adjusted spread methodologies.
* Expert understanding of NII simulation, Market Value, Earnings at Risk
* Strong discipline and experience of model development, validation and documentation
* Ability to work independently and assume responsibility for major project deliverables; Must show strong initiative to proactively find solutions to requirements. Strong organisational skills including ability to manage multiple tasks and prioritise
* Leadership abilities in influencing senior personnel throughout the group on quantitative issues. Must also be able to work collaboratively with a variety of stakeholders across all Banking Divisions and at all levels
* Must be an effective translator of complex models/technical information for non experts. Must also be able to lead and influence model design.
* Thorough attention to detail. Must be accurate at all times. The job holder will be developing ALM models to be used for hedging market risk. These models are material from a P&L perspective to Group.
* Ability to adapt to change.
* Ability to promptly resolve model development and methodological difficulties