End Date
Tuesday 26 May 2026
Salary Range
£72,702 - £80,780
Flexible Working Options
Hybrid Working
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.
Job Description
JOB TITLE: ALM Modelling Developer – 6 month FTC
SALARY: As per range
LOCATION(S): Leeds Wellington Place, Bristol Harbourside
HOURS: Full‑time
WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites
Note: There are three opportunities across the locations and potential to extend the FTC.
About This Opportunity
This 6‑month Fixed Term Contract 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.
What you’ll be doing
* 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 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 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 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
What we’re looking for
* 2+ years’ experience using QRM
* 2+ years’ experience with Excel functionality and capabilities to proactively review, challenge and streamline existing models or build new modelling capability
* At least 2 years’ experience in confidently explaining technical topics both verbally and in business commentaries
* 12 months or more proven ability to debate and influence with senior stakeholders
* Proven experience within the last 12 months of a high level of intellectual capacity driving an ability to grasp new techniques quickly
* At least 12 months experience of key Market Risk management techniques including:
o Net Interest Income Sensitivities
o Market Value
o Basis Risk
o Stress Testing
* Current awareness of market and industry environment including an in‑depth knowledge of LBG products and organisation
And any of these would be great
* Positive attitude with enthusiasm to contribute to an engaged team culture
* Self‑awareness and ability to drive own development
Benefits
* A generous pension contribution of up to 15%
* An annual performance‑related bonus
* Share schemes including free shares
* Benefits you can adapt to your lifestyle, such as discounted shopping
* 30 days’ holiday, with bank holidays on top
* A range of wellbeing initiatives and generous parental leave policies
Disability and Accessibility
We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. And, 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.
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