Senior Associate, ALM

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<p><span style="font-size: 10pt;"><strong>About the opportunity</strong><strong><br></strong></span></p> <p><span style="font-size: 10pt;">The Senior Analyst ALM, Treasury is responsible for executing and overseeing a broad range of ALM related operations, including supporting on transaction execution and booking, providing relevant and data-driven analyses and taking over multiple recurring processes which are involved in the ALM function. A core focus of this role involves helping to manage the growing balance sheet of the bank across both its assets and liabilities. </span><br><br><span style="font-size: 10pt;">With deeper expertise and autonomy, the role acts as a key point of contact for risk controlling, credit risk, regulatory reporting and system-related matters, ensuring accuracy and compliance across all functions. The Senior Analyst supports the investment life-cycle, contributes to audit readiness, and helps maintain efficient ALM management. By collaborating closely with finance and audit teams, this role strengthens operational stability while ensuring regulatory alignment within a dynamic financial environment</span></p> <h2><span style="font-size: 10pt;"><strong>In this role, you will:<br></strong></span></h2> <p><span style="text-decoration: underline;"><span style="font-size: 10pt;">Asset-Side Operations</span></span></p> <ul> <li style="font-size: 10pt;"><span style="font-size: 10pt;"><strong>Transaction & Portfolio Management:</strong> Adding and maintaining transactions in the Front Office system, including the necessary documentation according to internal policies. Take over the daily maintenance of the portfolio and monitor the life-cycle of multiple asset classes including bonds, promissory notes (<em>Schuldscheine</em>), public loans, investment funds, and mortgage loans. The role is expected to also lead to supervised execution of financial transactions.</span></li> <li style="font-size: 10pt;"><span style="font-size: 10pt;"><strong>Portfolio Optimisation:</strong> Run analyses and provide insight on how to optimise the asset distribution and future allocations based on quantitative metrics in alignment with internal risk appetite and investment targets.</span></li> <li style="font-size: 10pt;"><span style="font-size: 10pt;"><strong>Risk Mitigation & Credit Operations:</strong> Contribute to the analysis of hedging strategies, monitor their effectiveness, and support the execution of risk mitigation programs. Provide structural support in requesting and setting up bank credit lines.</span></li> </ul> <p><span style="text-decoration: underline;"><span style="font-size: 10pt;">Liability-Side Operations & Core ALM Modelling</span></span></p> <ul> <li style="font-size: 10pt;"><span style="font-size: 10pt;"><strong>Replication Portfolio:</strong> Help build up, model, and maintain the replication portfolio framework for non-maturing liabilities.</span></li> <li style="font-size: 10pt;"><span style="font-size: 10pt;"><strong>Capital Market Issuances:</strong> Support the balance sheet, structural, and modeling requirements of actual and future debt issuances, with a primary focus on secured or securitized assets.</span></li> <li style="font-size: 10pt;"><span style="font-size: 10pt;"><strong>Risk Profiling & Analytics:</strong> Support the maintenance and validation of ALM models and assumptions. Assist in the modeling of new products and analyze their direct impact on the overall ALM risk profile.</span></li> <li style="font-size: 10pt;"><span style="font-size: 10pt;"><strong>Stress Testing & Regulatory Tracking:</strong> Contribute to the preparation of regulatory stress tests and scenario analyses. Staying updated on relevant ALM regulations (CRR/CRD, MaRisk, EBA guidelines on IRRBB, Liquidity, etc.) and assist in assessing their balance sheet impact.</span></li> </ul> <h2><span style="font-size: 10pt;"><strong>What you need to be successful:</strong></span></h2> <ul> <li style="font-size: 10pt;"><span style="font-size: 10pt;"><strong>Professional Background:</strong> 2-4 years of overall work experience in a Top Tier consulting or banking institution, featuring 1–3 years of focused, practical experience with fixed-income instruments, encompassing both cash vanilla and structured assets and interest rate derivatives</span></li> <li style="font-size: 10pt;"><span style="font-size: 10pt;"><strong>Treasury Expertise:</strong> Strong understanding as well as practical experience with Bank Front Office and/or Treasury and/or ALM frameworks and the investment process for a regulated institute, alongside a strong command of broader economic data and market developments.</span></li> <li style="font-size: 10pt;"><span style="font-size: 10pt;"><strong>Regulatory Knowledge:</strong> Knowledge of essential regulatory requirements , including an established knowledge of the current financial and banking legal environment, guidelines, and frameworks (CRR/CRD IV/KWG and MaRisk).</span></li> <li…