Description
QRM Manager (RISK/ ALM)- Top Bank-Halifax- £Salary/Rate- up to 85,000 package inc bonus and pension
Location Halifax,West Yorkshire
Posted 29th October
Agency/Employer Huxley Associates
Description
I am looking for an experienced QRM Manager (RISK/ ALM)- Manager to join one a top bank in Halifax. The role will require you to come on board and help them with a new project within their business.
Responsibilities
Develop modelling capability in QRM for identification, quantification of market and liquidity risk. This involves identifying contractual terms and conditions for each product and then ensuring both the contractual and behavioural profiles are accurately modelled in QRM.
Model design across all Banking Divisions must be robust, consistent and offer improved capability over current systems.
Support the QRM month end process, providing support to other Divisions
Ensure all model development is implemented in a controlled environment
Requirements for the role:
At least 3 years experience arising in ALM/product development/ product control/ ALM or structuring. Must be fully proficient with the range of market instruments for hedging and be able to construct hedges using variety of instruments to remove risk.
Knowledge of Retail, Wholesale and Treasury instruments and their valuation methods including Interest Rate Swaps and Options.
Understanding of NII simulation, Market Value, Earnings at Risk, Value at Risk and the application of stochastic processes, includingMonte Carloanalysis of interest rates and other indices.
Knowledge of ALM software tool "Quantitative Risk Management" (QRM), the application used within Group ALM to manage the market and liquidity risk.
The right candidate will have proven experience performing these actions at a high level whilst working within a finance industry.
This role is one of lead requirements to fill for this project to move forward, so if you fit the criteria above and would like to know more information please contact Kimberley Roe or send me an update copy of your CV.
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To find out more about Huxley Associates, please visit www.huxley.com