Head of Balance Sheet Management (retail bank/start up) recruitment
Role
• Deliver proactive management of all interest rate risk exposures of the bank, both structural risk arising on non-dated liabilities and risk arising from product origination.
• Identify market risks in the bank’s balance sheet.
• Proactive management and hedging of the bank's entire interest rate risk exposures in line with policy and risk appetite.
• Investment of rate insensitive assets and liabilities.
• Highlight material risks and develop opportunities and strategies to add value and protect earnings taking into account interest rate outlooks.
• Minimise the need for external hedging by seeking internal netting opportunities.
• Execute appropriate trades via the Market Execution team to hedge Market Risks that cannot be netted internally.
• Assist in the management of regulatory, rating agency and investor relations agendas relating to banking book market risk.
• Line Manager of the Senior Manager Balance Sheet Management.
Experience
• Good knowledge of ALM techniques and practices.
• Good knowledge of market risk and hedging instruments, including interest rate swaps and option products.
• Good knowledge of term funding instruments.
• Good understanding of NII, market value, earnings at risk and value at risk.
• Experience of the analysis and investment of rate insensitive balances.
• A good working knowledge of Retail and Commercial Banking products preferably in a Treasury environment.