IRRBB Modelling Manager
Leeds
12 Months Contract
Salary £70,000 pa plus extensive benefits, details below (day rate option also available)
Pontoon is an employment consultancy, we put expertise, energy, and enthusiasm into improving everyone's chance of being part of the workplace. We respect and appreciate people of all ethnicities, generations, religious beliefs, sexual orientations, gender identifies, and more. We do this by showcasing their talents, skills, and unique experience in an inclusive environment that helps them thrive.
My client powers businesses of all sizes to make, take and manage payments. They are a global leader in financial technology with unique capabilities to power omni-commerce. Whether online, in store or mobile, they are at the heart of great commerce experiences in 146 countries and across 135 currencies. They help our customers become more efficient, more secure and more successful.
They are looking for an IRRBB Modelling Manager to join the team on a 12 month contract. You will be working Monday to Friday 9am to 5pm with occasional out of hours to meet deadlines, the role is hybrid working being office based 2 days a week, 3 days working from home.
You will be working closely with the Senior Manager, IRRBB in delivering best in class modelling and reporting to a broad range of stakeholders. This is a highly visible role with exposure to senior colleagues across Group Corporate Treasury and Risk, in addition to the full customer balance sheet.
Key accountabilities:
* Build and maintain QRM models for Net Interest Income (NII), and Market Value (MV) calculations
* Establish and build effective relationships with Risk and Finance stakeholders to support the delivery of business assumptions into QRM and supporting stress testing.
* Lead change and testing efforts for QRM model enhancements, including UAT planning and execution
* Producing and completing test output governance, including documentation.
* Collaborate with Treasury, Risk, and Finance stakeholders to gather requirements and deliver model improvements.
* Ensure models align with regulatory expectations (e.g., ICAAP, SOTs, stress testing) and internal governance standards.
* Manage and minimise operational risks via robust control frameworks underpinning processes
* Continuously strive for process improvements to enable time for value adding activity and qualitative review
* Support agreed change initiatives to deliver agreed objectives of IRRBB team
* Support simplification of the ALM model and continued development of model assumptions, including the development of dynamic modelling and back testing.
Key skills:
* Extensive experience of working within a banking/financial environment.
* Experience of IRRBB, net income and market value.
* Good understanding of Excel functionality and capabilities to proactively review, challenge and streamline existing models or build new modelling capability
* Awareness of key Market Risk management techniques including:
* Net Interest Income Sensitivities
* Market Value
* Basis Risk
* Stress Testing
* Strong understanding and use of ALM software tools, ideally knowledge and use of QRM, to manage market risk.
* Ability to debate and influence with senior stakeholders
* Proactively demonstrates the organisations Group Values and Behaviours
* Effective communication style to confidently explain technical topics both verbally and in business commentaries
* High level of intellectual capacity driving an ability to grasp new techniques quickly
* Positive attitude with enthusiasm to contribute to an engaged team culture
* Self awareness and ability to drive own development
* Awareness of market and industry environment.
Please apply with an up-to-date CV which must show evidence of the above to be considered. Please be advised if you haven't heard from us within 48 hours then unfortunately your application has not been successful on this occasion, we may however keep your details on file for any suitable future vacancies and contact you.
You will be an integral part of Ajilon (Adecco), a FTSE500 Global organisation with over 52 clients and sole supplier to the biggest organisations in the country and the world. You will be employed by ourselves as an Ajilon Consultant working onsite with our client where you will receive a regular salary, bonus, pension contributions, holiday and sick pay, plus a number of additional benefits such as medical insurance, income protection, critical illness and life insurance, access to our discounted benefits website and library of online training materials and future career and certification opportunities.
This great opportunity is being offered on a PAYE basis which means a LTD/Umbrella company cannot be used.