About this position:
The Office of Risk Management (RMG) is seeking a dynamic and innovative consultant in ALM Risk and Technology to support the implementation of a system solution for Asset and Liability Management.
What youll do:
Integrate into the project team for the end-to-end implementation of the ALM solution, including requirements definition, configuration, implementation, and testing.
Act as a subject matter expert in Asset and Liability Management (ALM).
Learn the unique operational model of the institution and prepare requirements documentation that accurately reflects the Balance Sheet features (e.g., loan pricing mechanism, Equity Duration, Liquidity Floor) to support the discovery phase with the system vendor.
Act as a liaison between internal stakeholders (Risk, Finance, IT) and the solution vendor to ensure that requirements are clearly understood and effectively delivered.
Contribute to the preparation and validation of functional documentation related to ALM methodologies, such as interest rate risk (IRRBB), liquidity risk, and financial projections.
Review and validate system outputs, reports, and dashboards generated by the ALM solution to ensure alignment with defined requirements and stakeholder expectations.
Coordinate with the Project Management Office (PMO) to monitor project milestones, track deliverables, identify risks, and propose mitigation strategies as needed.
Assist in the preparation of project status updates, stakeholder communications, and implementation reports, as required.
Assist with the production of the Quarterly Risk Management Report for the Board of Directors by preparing parts of ALM/Liquidity sections, charts, tables, or annexes.
Collaborate in financial projection models to forecast NII, retained earnings and equity position, applying interest rate scenarios and stress tests.
Generate valuation and risk analytics to assess the impact of interest rates on the Banks Net Interest Income (NII), economic value of equity (EVE), and duration of equity.
Monitor and prepare reports on the balance sheet net fixed exposure, repricing gap, basis risk and liquidity metrics.
Run data reconciliation processes for financial projections.
What you'll need:
Education:
Masters degree in Finance, Business Administration, Economics, Statistics, Mathematics, or other related quantitative discipline.
At least 5 years of experience in finance, asset-liability management, risk management and/or fixed income with exposure to balance sheet planning and risk analytics.
Experience designing and implementing financial systems at banks. Experience with Asset & Liability Solutions (QRM, SAS-Kamakura, Algorithmics, Empyrean, FIS) highly preferred.
Knowledge of Interest Rate Risk Management of the Balance Sheet (IRRBB).
Outstanding analytical and problem-solving skills. Strong communication skills, including the ability to draft well-written, coherent analyses and documents for senior management.
CFA, FRM or CQF certification is desirable.
Languages:
Proficiency in English.
Key skills:
Bring Innovation
Communicate Effectively
Focus on Clients
Learn Continuously
Collaborate and build networks