Analyst Trainee - ALM Academy at ALM Partners Oy

Helsinki, Uusimaa, Finland -

Full Time

Start Date

Immediate

Expiry Date

17 Mar, 26

Salary

2850.0

Posted On

17 Dec, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Interest Rate Risk Management, Risk Modeling, Balance Sheet Management, Client Relationship Management, Data Management, SQL, Power BI, Written Communication, Interest Rate Markets, Regulatory Reporting, ETL, Cloud Services

Industry

Financial Services

Description

Join our team as an Analyst Trainee! Whether you are already further along in your career or just starting out, we offer you the opportunity to dive in and be trained in working on real data projects within the financial sector. What You’ll Do You will join our Balance Sheet and Risk Management Analysis team. You will gain a front-row seat to learn about interest rate risk regulation and develop broadly in tasks related to banks’ risk management. Our team is responsible for interest rate risk modeling for our clients’ banking operations, and we also carry out development projects related to balance sheet management, such as new reporting solutions and automation of reporting processes. We provide several solutions for our clients’ risk and capital management, ranging from net interest income forecasting models to hedge accounting and valuation of balance sheet products. Our solutions combine technical modeling capabilities with an understanding of banking business needs. For risk modeling, we use the FIS Balance Sheet Manager software. Our team maintains and develops long-term client relationships and provides recommendations to support clients’ banking business decision-making and development. We closely monitor interest rate market movements and macroeconomic changes to support our clients, for example, in interest rate risk hedging measures and assessing their impacts. You will join a young and motivated group where new ideas and development suggestions are warmly welcomed and acted upon. Our team consists of nine balance sheet and risk management experts in the financial sector, who have an active, analytical, and forward-looking approach to work. We work together as one and want everyone to enjoy their work. Our team is characterized by trust, seamless collaboration, and mutual respect - values we also uphold in our client work. What We’re Looking For - Genuine interest in continuous self-development and a desire to dive into banking risk management requirements - Willingness to grow into a financial professional who understands both the business and technical aspects of banking operations - Full fluency in English and Finnish Nice to Have - Previous experience in banking, finance, risk management, or IT roles - Familiarity with banking regulations (e.g. Basel/IRRBB) - Basic knowledge of database queries (SQL) or other technical skills - Understanding Power BI solutions - Clear and precise written communication skills - Interest in developing and learning about interest rate risk modeling and interest rate markets - Ability and willingness to work in client environments and projects, as well as in client responsibility roles - Swedish skills What We Offer – Trainee Academy ALM Academy is built from professionals to upcoming professionals. With over 70 different topics and over 30 professionals to guide, new trainees can learn from the best at day one. Duration of the trainee season lasts 9 months and during this time, trainees will embark in ALM Academy training course which lasts 9 weeks. During these 9 weeks trainees learn about risk and balance sheet management, regulatory reporting, technical reporting solutions, data warehouses, data management, ETL, cloud services and much more. The best part is that no matter what your position would be, you'll get to learn all of this. After the Academy, trainees continue their trainee season with their own teams, learning and honing the skills which are required to perform to our standards. When sufficient skills are established, trainees are able to support their colleagues within customer cases, giving hands on experience and responsibility. Once the nine month period is completed, trainee season ends but learning continues together with the team to become specialist. The 9 month program is paid, with a monthly compensation of 2850 EUR. What We Offer – ALM Partners We are: Financially solid and debt-free Employee-owned (84%) Backed by a strong growth track record (+18,9% growth rate annually) Positioned for a bright future, driven by an expanding market and a strong customer portfolio We’re proud of our supportive and collaborative work culture. Our people are empowered to take ownership of their work and pursue their passions in meaningful ways. We especially value openness and clear communication, which help us build a strong sense of community across teams and roles. Events play a big role in our culture from holiday parties to team-building activities and employee-initiated events like LAN parties and sports. More than just fun, we believe they bring us closer and strengthen our team spirit. More about us here and here. Timeline 1. Application period active until 11.1. 2. Interviews start 12.1. 3. Final decisions made by 31.1. 4. Trainee Academy starts 2.3. 5. Trainee Academy completed by 30.11 – and we aim it to be a start of your long-term career with us! Interested? Apply now! We’ll review applications throughout the application period and get in touch with you as soon as possible.

Responsibilities

As an Analyst Trainee, you will work on interest rate risk modeling and balance sheet management tasks. You will also support clients in their banking business decision-making and development.