Job Title
ALM Modelling Developer – 6 month FTC
Salary
£72,702 - £80,780
Location
Leeds Wellington Place, Bristol Harbourside (flexible; hybrid)
Hours / Working Pattern
Full‑time; hybrid – at least 2 days per week at a designated office.
Job Description Summary
An opportunity has arisen for an accomplished Manager to work 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.
Responsibilities
* Build and maintain QRM models for Net Interest Income (NII) and Market Value (MV) calculations.
* Establish and build effective relationships with Risk and Finance partners to support the delivery of business assumptions into QRM and stress testing.
* Lead change and testing efforts for QRM model enhancements, including UAT planning and execution.
* Produce and complete test output governance, including documentation.
* Collaborate with Treasury, Risk, and Finance partners 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 value‑adding activity and qualitative review.
* Support agreed change initiatives to deliver agreed objectives of the IRRBB team.
* Support simplification of the ALM model and continued development of model assumptions, including dynamic modelling and back‑testing.
Qualifications
* 2+ years experience using ALM software tools and strong understanding of ALM modelling.
* 2+ years experience with Excel, with ability to review, challenge, and streamline models.
* At least 2 years experience explaining technical topics verbally and in business commentaries.
* 12+ months proven ability to debate and influence senior stakeholders.
* High intellectual capacity to grasp new techniques quickly.
* Experience of key Market Risk management techniques: Net Interest Income sensitivities, Market Value, Basis Risk, Stress Testing.
* Current awareness of market and industry environment, with knowledge of LBG products and organisation.
Desirable
* 2+ years experience with QRM for market risk management.
* Positive attitude and enthusiasm to contribute to an engaged team culture.
* Self‑awareness and ability to drive own development.
EEO and Accessibility
We offer reasonable workplace adjustments, including flexible office attendance and working patterns, for colleagues with disabilities. As a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long‑term health or neurodivergent condition through the Disability Confident Scheme. We support a diverse and inclusive workforce.
Benefits
* Generous pension contribution up to 15%.
* Annual performance‑related bonus.
* Share schemes including free shares.
* Benefits adaptable to your lifestyle (e.g., discounted shopping).
* 30 days holiday, plus bank holidays.
* Wellbeing initiatives and generous parental leave policies.
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