Description of role and key responsibilities:
The role is within the ALM team and focuses on supporting the team with the production of the liquidity regulatory returns. The role involves close interaction with the rest of the ALM, Treasury and Finance.
The ALM team provides an independent risk oversight of liquidity and non-traded market risk, and monitors compliance with risk policies and risk appetite metrics. The ALM function reports to the IBP CRO. The team consists of 10 people with sub teams focusing on liquidity, non-traded market risk and regulatory reporting.
Key responsibilities:
- Preparation and review of the regulatory liquidity returns, LCR, NSFR, ALMMs, PRA110 and Asset Encumbrance for Investec Bank plc and Investec plc for submission to the PRA
- Supporting senior analysts in any ad-hoc requests from the regulator
- Analysis and explanation of the variations and reconciliation to ledger and internal reporting
- Ongoing review and development of current processes to increase efficiency
- Participate in developing new reporting processes, improve existing processes and controls
- Present to various relevant committees (e.g. ALCO) and forums in the group
- Keep abreast of industry developments, for example coming from the PRA, the EBA, BCBS
Core skills and knowledge:
Technical knowledge & experience:
- PRA liquidity regulatory experience
- Strong liquidity knowledge
- Detailed financial product knowledge ideally retail and wholesale products
- Good understanding of the structure of the balance sheet
- Ability to reconcile and work with tools to analyse large datasets
- Proficient IT skills in the likes of the Microsoft Office suite, Excel VBA and Macro
Skills:
- Excellent communication skills, both written and verbal
- Attention to detail
- Systematic approach in analysing and solving problems
- Ability to challenge “as is” status
- Ability to meet tight deadlines
- Driven and ambitious, willing to take on extra responsibility
- Creative team player and willing to work in a constantly changing environment
Any other attributes that would be helpful, but not essential for the role:
Some experience of an ALM system (QRM, RiskPro, Suade, etc) would be a definite plus