SKILLS AND EXPERIENCE SOUGHT:

Essential

• Qualified accounting, CFA or equivalent
• Experience and keen interest in areas of Bank operations and management with at least 3 years’ experience working within the financial services industry
• Be highly IT and numerically literate with excellent data manipulation and modelling skills, including advanced Excel skills
• Some knowledge and experience of key treasury concepts including liquidity, funding, capital and interest rate risk
• Have awareness of Banking related risks such as credit, operational, capital and legal

Desired

• Experience of working within a treasury team or with treasury systems
• Participation in the delivery of the ILAAP and Funding Plan
• Experience of utilising and developing an ALM system and ability to enhance underlying data
• Knowledge and understanding of interest rate markets or products

ROLE PURPOSE:

United Trust Bank’s Asset & Liability Management (ALM) function acts as a first line of defence for Treasury and is responsible for monitoring and managing liquidity, funding & cashflow risks, IRRBB & FTP. Alongside the day-to-day management of ALM activities, there is a requirement to accommodate strategic changes and drive continuous improvement in all aspects of ALM. Given the number of key accountabilities, this is a significant hire for the Treasury team. The individual should be highly motivated with a strong focus on operational activities in relation to data management, reporting and the control framework.

RESPONSIBILITIES:

• Contributing to and in time managing the Bank’s cashflow management and forecasting process
• Overseeing the management of daily liquidity requirements, to include the running, monitoring and reporting of key metrics
• Contributing to the weekly Liquidity committee and monthly ALCO process
• Contribute to the production of the Internal Liquidity Adequacy Assessment Process (ILAAP)
• Assist in the development and execution of the Bank’s funding strategy
• Assisting in the management of the Bank’s IRRBB exposure in line with policy
• Providing support and cover for the Treasury team
• Oversight of the Treasury System data management and report production
• The role will develop in line with the growth of the Bank and the Treasury function and will provide an opportunity to contribute to a growing and performing team