ALMRiskManager

**Department Overview:** This is a role in the Trading Risk department (TRM). The TRM UK department is a team of approximately 40 people supporting a wide area of businesses within Financial Markets, Group Treasury and Lending Services. The department’s core activities are measuring and analysing market risk across a variety of financial products. The role of the department is as a second line of defence being business partner to the Front Office (FO), providing challenge and support. **Role Purpose:** Provide proactive ALM risk oversight and risk advice across IRRBB, Funding & Liquidity for the WB UK banking books, partnering closely with Group Treasury and Finance. Ensure robust ALM governance, independent challenge, and clear escalation of emerging risks. Support wider firm risk initiatives as required, ensuring alignment across risk disciplines. This role reports to the local Head of ALM Risk. **Main Duties and Responsibilities of Role:** **_Risk Monitoring & Analysis (Daily oversight and reporting)_** * Monitor, analyse, and report market risk exposure for Group Treasury (GT) UK function and the LCR repair book of Credit Exposure Management (CEM). * Monitor key ALM/IRRBB and Funding & Liquidity risk indicators for relevant WB UK banking books, deliver concise commentary and escalate where risk appetite or control thresholds are approached/breached. * Maintain a robust control environment for recurring reporting. **_Stakeholder Engagement (challenge and advisory)_** * Partner with GT and Finance on balance‑sheet developments, risk drivers, and forward-looking risk considerations. * Provide independent challenge on risk positions, assumptions, and actions required to address thresholds/ limit pressures. * Communicate clearly to senior stakeholders, including timely escalation of emerging risks. * Coordinate responses to internal and regulatory information requests, ensuring consistency of messaging and supporting evidence. **_ALM Governance & Reviews_** * Prepare