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The ALCM manager will support the CFO and the Head of ALCM – Liquidity and IRRBB in leading and managing the development, implementation and maintenance of the bank’s policies on Liquidity and Interest Rate Risk in the Banking Book (IRRBB). The role offers the opportunity to further knowledge and skills in asset, liability and capital management through a hands-on approach and a close working relationship with other subject matter experts within the different areas of the bank, including the wider Finance function, Markets Treasury, and the Risk Management function.
Job Responsibility:
Reviewing, analysis and reporting of Liquidity and IRRBB supervisory submissions and internal metrics
Contributing to the development and execution of related stress-tests
Contributing to the production of the Internal Liquidity Adequacy Assessment Process (ILAAP), the Funding Plan, Contingency Funding Plan, and other related documents
Leading Liquidity management and IRRBB-related contributions in the bank’s Pillar 3 disclosures, Recovery & Resolution planning documents, and other documents required by the prudential regulators
Ensuring compliance with relevant prudential laws and regulations, and internal bank policies on Liquidity and IRRBB, as amended from time to time
Contributing to governance forums (ALCO, Risk etc.), ad-hoc projects and provide support to the wider finance team when required
Requirements:
Academic background in Banking and Finance, Economics, Accountancy or in a related subject
Experience in consulting, financial services and/or a bank Treasury environment
Strong analytical, organisational and problem-solving skills
Strong verbal and written communication skills, including the ability to explain complex financial issues in a clear way to relevant stakeholders
Nice to have:
Background in quantitative finance (financial modelling, stress testing or quantitative risk analysis)
High level of knowledge on banking regulations relating to liquidity management and/or capital management
What we offer:
Access to development programmes, mentoring and coaching, and world-class training through HSBC University
Flexible working arrangements
Employee Pension Plan contributions
Resources supporting mental, physical and social well-being including free counselling sessions and an annual wellbeing expense claim