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Empirical Search
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  • Role Description As part of this treasury team you will model the Bala... Read More
    Role Description As part of this treasury team you will model the Balance Sheet, analysing all related positions and forecast forward. Your work is an integral to numerous other teams to enable them to produce financial planning; stress testing; mark risk and liquidity risk metrics and planning. Role Requirements Expertise in design, development and delivery of new models and model redevelopments to support decision-making of the Society’s Finance & Commercial teams Demonstrable experience in establishing robust control and review frameworks to bring greater assurance to each stage of the model development lifecycle, reducing model risk Communication skills strong enough to developed trusted relationships with stakeholders across Balance Sheet Management, Finance, Treasury and Commercial to ensure that appropriate knowledge and understanding of the models and their use is in place An understanding on the UK retail mortgage industry and how the mortgage products are priced would be a distinct advantage. Alternatively, similar type of pricing in loan businesses would be useful – e.g. car loans; insurance; or utilities industries. Good knowledge and experience of modelling cash flows for mortgages, savings and treasury instruments. Other related products could be securitizations Strong data modelling skills above and beyond MS Excel. For example, SQL, SAS. Experience of modelling using balance sheet management systems, such as BSM/ Focus or QRM would also be desirable Read Less
  • Head of Safeguarding & Cash Management (Treasury)  

    - London
    Role Description Ensure ongoing compliance with all regulatory safegua... Read More
    Role Description Ensure ongoing compliance with all regulatory safeguarding requirements as their product mix and global footprint changes and regulations continue to evolve Develop and implement a global safeguarding framework and establish globally consistent standards Oversee Cash Management & Treasury Operations Role Requirements 10+ years track record at a firm with a variety of different payment flows, spanning multiple jurisdictions and currencies Strong regulatory background and knowledge Strong control background and experience establishing and maintaining global policy frameworks and writing policy documents Experience with client money or safeguarding frameworks Read Less
  • Treasury Quantitative Analytics Manager  

    - London
    Role Description Design analytics and modelling solutions to complex b... Read More
    Role Description Design analytics and modelling solutions to complex business problems using domain expertise Collaboration with technology to specify any dependencies required for analytical solutions, such as data, development environments and tools Development of high performing, comprehensively documented analytics and modelling solutions, demonstrating their efficacy to business users and independent validation teams Implementation of analytics and models in accurate, stable, well-tested software and work with technology to operationalise them Provision of ongoing support for the continued effectiveness of analytics and modelling solutions to users Demonstrate conformance to all the Bank’s Enterprise Risk Management Policies, particularly Model Risk Policy Ensure all development activities are undertaken within the defined control environment Role Requirements Previous experience in Treasury Finance model development or Treasury desk support Systems engineering knowledge, including development of distributed systems Strong coding skills in Python, including close familiarity with Pandas and Numpy libraries A solid foundation in financial mathematics, in particular bond and derivative pricing and discounting Excellent communication skills, including the ability to discuss technical matters with a non-technical audience Read Less
  • Senior Funding & Liquidity Risk Manager  

    - London
    Role Description Modelling Ownership: Serve as model owner for key liq... Read More
    Role Description Modelling Ownership: Serve as model owner for key liquidity models, including setting and reviewing model assumptions to ensure they remain appropriate and robust Review & Challenge: Independently review and challenge first line liquidity risk practices, and funding strategies, providing effective oversight and escalation where necessary Limit Framework Management: Lead the definition, calibration, and monitoring of liquidity risk limits in alignment with the bank’s risk appetite. Partner with Treasury and business units to ensure adherence and resolve breaches Regulatory Engagement: Represent the Risk function in external regulatory examinations and internal audit reviews. Provide clear and confident responses around methodology, governance, and controls Stakeholder Management: Build good relationships with internal and external stakeholders, including regulators, to influence decisions and clarify expectations Role Requirements Significant experience in liquidity risk, funding risk, or balance sheet management within a Retail banking setting In-depth understanding of regulatory liquidity metrics and frameworks (e.g. LCR, NSFR, ILST, PRA110, ILAAP framework) Good working knowledge of financial instruments, market dynamics, and stress testing techniques Demonstrated ability to manage competing priorities and drive deliverables under pressure Good stakeholder and communication skills, with experience engaging cross-functional teams and external regulators Previous management experience is desirable Read Less
  • VP - Funding & Liquidity Risk Manager  

    - London
    Role Description Modelling Ownership: Serve as model owner for key liq... Read More
    Role Description Modelling Ownership: Serve as model owner for key liquidity models, including setting and reviewing model assumptions to ensure they remain appropriate and robust Review & Challenge: Independently review and challenge first line liquidity risk practices, and funding strategies, providing effective oversight and escalation where necessary Limit Framework Management: Lead the definition, calibration, and monitoring of liquidity risk limits in alignment with the bank’s risk appetite. Partner with Treasury and business units to ensure adherence and resolve breaches Regulatory Engagement: Represent the Risk function in external regulatory examinations and internal audit reviews. Provide clear and confident responses around methodology, governance, and controls Stakeholder Management: Build good relationships with internal and external stakeholders, including regulators, to influence decisions and clarify expectations Role Requirements Significant experience in liquidity risk, funding risk, or balance sheet management within an Investment banking or Broker Dealer setting In-depth understanding of regulatory liquidity metrics and frameworks (e.g. LCR, NSFR, ILST, PRA110, ILAAP framework) Good working knowledge of financial instruments, market dynamics, and stress testing techniques Demonstrated ability to manage competing priorities and drive deliverables under pressure Good stakeholder and communication skills, with experience engaging cross-functional teams and external regulators Previous management experience is desirable Read Less
  • Role Description Contribute to implementing the Market Risk policy and... Read More
    Role Description Contribute to implementing the Market Risk policy and accompanying standards on managing Interest Rate Risk in the Banking book, including working with the businesses to review business assumptions and key risk indicators Propose trades to hedge the interest rate risk that arises on the business balance sheets and ensure that the intercompany funding process operates effectively Work closely with the ALM Risk team to ensure that the risk position is well understood and captured in Risk metrics Work with the business to evolve behavioural modelling on assets and liabilities, to inform interest rate risk measurement and liquidity treatment Support the production of enhanced analytics and modelling approaches to support the ALCO agenda Own and complete the Treasury ALM monthly BAU processes Maintain procedures that detail how the internal hedging and behaviouralisation process operates Produce and develop MI that shows the effectiveness of the Treasury hedging programme Document key assumptions, risk drivers and limitations of models used for ALM scenarios and key stress tests Support the production of ad-hoc analysis and special papers to be presented at Treasury committees Role Requirements Proven experience of developing the strategy, execution and reporting of IRBB and structural hedging within a Bank Clear understanding of a banks liability business with an ability to risk assess the product set to determine which products qualify for structural hedging and to source appropriate data to behaviourally model the underlying products. Data savvy skills with ability to build simple models and a high attention to detail to document appropriately Ability to build relationships and credibility with a wide range of stakeholders Read Less
  • Role Description Provide subject matter expertise in advanced Treasury... Read More
    Role Description Provide subject matter expertise in advanced Treasury modelling Support the head of the treasury modelling & analytic team to deliver change Make recommendations on the best way to create a group view of pillar 2A Model requirements across both entities Take independent action to find efficiency improvements across the existing Treasury models Ad Hoc analysis and comparison of data sources from each entity Role Requirements A degree in a relevant subject (such as Finance, Mathematics, Physics, Engineering or Economics) or other equivalent experience Advanced Coding experience (preferably in SAS but Python is useful as well) Modelling experience including building, maintaining and taking through governance, model lifecycle, undertaking change work on models, and developing models Capital Modelling and experience with wholesale IRB models preferable but not essential Leadership skills with a track record of delivering through a team Strong written and verbal communication skills Effective relationship building skills with both internal & external stakeholders Read Less
  • Treasury Graduate Analyst  

    - London
    Role Description Support the Treasury Manager with day to day Treasury... Read More
    Role Description Support the Treasury Manager with day to day Treasury activities Assist and support the team with ICAAP and ILAAP reviews Involvement with Treasury risk reports Treasury project support Assist with the oversight and operational risk activities Role Requirements Relevant degree Internship, placement or work experience within a Treasury function Analytical mindset Understanding of financial services and/or banking Read Less
  • Treasury Prudential Manager, Consultancy  

    - London
    Role Description The role will ideally suit someone with prudential re... Read More
    Role Description The role will ideally suit someone with prudential regulation experience from another consultancy or large and complex financial institution. The scope of work will likely trend towards bank and investment management prudential regulatory advisory covering prudential development impact assessments; balance sheet optimisation mechanisms; legal entity structures and booking models; section 166 reviews; and supporting regulatory document deliverable such as ICAAP, ILAAP, ICARA, and RRP’s. This team is continually evolving and will suit someone willing to change, learn and develop their prudential technical skills. Role Requirements Preference for demonstrable experience of bank or investment management business models and commercial drivers Understanding of and experience in the PRA rules and guidance, particularly concerning prudential regulation (ICAAP, ILAAP, ICARA, RRP etc….) Relevant financial services experience with a prudential regulatory, treasury or ratings focus either as part of a financial services firm, ratings agency, consultancy or PRA/FCA Experience of banks’ business models and excellent technical knowledge of prudential regulatory issues (including: CRD, capital requirements, capital, liquidity, treasury, PRA authorisations etc) Understanding of key commercial and regulatory developments and key current issues facing clients Ability to produce and deliver high quality technical analysis, using excellent oral / written communication skills and demonstrating breadth and depth of knowledge (the role will involve report writing Networking, influencing and stakeholder management Read Less
  • Treasury & Capital Markets Analyst  

    - London
    Role Description Ongoing management and operation of structured fundin... Read More
    Role Description Ongoing management and operation of structured funding facilities Preparation of materials for monthly ALCO (Asset-Liability Committee) Analysis and review of loan portfolio Ability to work with large datasets to present data for wider MI Execution and management of the company’s interest rate risk management program (hedging) Ongoing review and reporting on the company’s hedging portfolio including monthly MTM valuation checks Preparation of presentation materials for Capital Markets initiatives such as future new funding facilities or ABS issuances Role Requirements Basic understanding of capital markets/investment banking and consumer lending products Experience in Treasury/Capital Markets function within a Non-Bank Lender Programming language skills customary for financial modelling and data analysis, e.g., VBA or Python Familiarity with data analytics tools such as Tableau Strong numeracy and analytical skills with a preferably quantitative and/or business/finance related degree Strong presentation and communication skills Strong MS Office skills (Excel, PowerPoint, Word) Ability to take ownership of tasks/projects including wider stakeholder management Read Less

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