Head of Market & Liquidity Risk

Expiring today

15 May 2024
24 May 2024
Job Title
Contract Type
Full Time

Head of Market & Liquidity Risk

Team Risk and Credit

Location Holborn Office

County Central London

Ref # 21556

Closing Date 22–May–2024

We have been awarded the "Most Loved Workplace"! At Metro Bank, people come first – our culture is all about bringing the best out in our colleagues, and making sure everyone feels valued, respected, seen and included. We strongly believe in a diverse and inclusive workplace and to find the very best person for the job, we always look across a wide range of diverse communities.

What you will do:
• Lead and develop the team which provide second line oversight of the Bank's Treasury and Asset Liability Management (ALM) activity
• Maintain, develop and leverage the Bank's Asset and Liability system, Focus ALM, ensuring data handling processes and computations are fully documented and undergo sound change control processes and up to date control framework
• Key point of contact and driver of the Bank's ALM system, working with key stakeholders in Treasury, Risk, Finance and IT to ensure Metrobank's balance sheet is effectively measured and remains within the Board's Risk Appetites and robustly reflects Board approved behavioural assumptions
• Produce daily, weekly, and monthly reporting and monitoring for Treasury and ALCO, as well as several of the Bank's other governance committees, ensuring these are accurate, high–quality and delivered on time
• Provide insightful 'what–if' ALM Risk scenarios to drive forward looking MI to Technical ALCO and ALCO, influencing and challenging decision–making processes
• Produce quarterly regulatory returns covering Interest rate risk for Metro Banks submission to the Bank of England
• Ensure processes within area of responsibility are adequately and effectively controlled, including undertaking risk and control assessments, identification of risk issues and prompt resolution if required

And we are a bank so risk is a part of everything we do. We love people who take responsibility, do the right thing for customers, colleagues and Metro Bank and have the ability to call out any concerns.

What you will need:

• Understand the risks associated with your job and what that means for you, Metro Bank and all our stakeholders
• Understand how to organise and manage balance sheet data and system processes combined with experience of using Asset Liability Management (ALM) systems
• Experience of managing a team and able to balance competing priorities
• Excellent understanding of processes and controls in order to produce key decision–making management information
• Experience of operating a controls framework within a 3 lines of defence environment
• Knowledge of the regulatory environment for prudential risks/regulations
• Excellent report writing and communication skills

Our promise to you

• We will make sure that you are well–rewarded by providing you with a competitive salary, discretionary annual bonus, and a wide range of benefits, including generous holiday allowance, attractive pension scheme, healthcare, life assurance, and a number of colleague discounts!
• We will give you the training to ensure you succeed in your role and plenty of internal opportunities to progress your career (around 40% of our recruitment comes from internal promotions!).
• We are also all about balance so most of our jobs offer the opportunity for hybrid working built around your role and home life, wherever possible.

Important Footnote

Diverse teams really are the best teams. We know that candidates (especially women, research tells us) may be put off applying for a job unless they can tick every box. We also know that 'normal' office hours aren't always doable, and while we can't accommodate every flexible working request we are happy to be asked. So if you are excited about working with us and think you can do much of what we are looking for but aren't sure if you are 100% there yet why not give it a whirl? Please note that sometimes we may close a job earlier for applications if we are inundated with amazing candidates Good luck!

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