Balance Sheet Manager, Tandem

• Have a strong understanding of balance sheet management / pricing in a banking environment / liquidity risk management
• Strong numerical background with a proven ability within financial mathematics
• Proven experience in project coordination
• Have first rate Excel skills
• Can put together a decent presentation
• Can be self-sufficient, you’ll be required to take ownership and won’t be micro managed
• Have good commercial acumen, able to consider and call out inconsistencies, areas to focus on or opportunities to for improvements

Desirable

• As Balance Sheet you will play a key role in enhancing Tandem’s pricing & balance sheet management capabilities; you will work with teams from Treasury, Finance and across the Bank to support optimisation of Tandem’s NII through carefully balancing its lending growth, funding requirements and hedging activities in a way which will allow the Bank to achieve its growth plans in a prudent and sustainable way.
• This is an important role which will work across the Treasury and Finance departments and we are looking to recruit someone highly commercial who has a good understanding of interest rate risk and pricing and who can play a leading role in the team
• NII Optimisation, achieved through:
• Monitoring Tandem’s lending origination and margin against the medium term plan
• Reviewing and challenging pricing assumptions, modelling and proposals
• Reviewing performance of FTP and Pricing calculations and recommending improvements
• Proposing funding growth strategies which align to lending growth plans while ensuring compliance with Tandem’s liquidity risk framework
• Proposing hedging strategies which carefully manage current and future risks to NII while taking account of expected customer behaviours
• Ensuring that Tandem’s funds transfer pricing takes adequate account of current costs and expected future risks
• Advising on asset and liability pricing, including identifying opportunities to improve, with a view to optimising Tandem’s margin/volume mix
• Preparing reports for ALCO and PRICECO which track actual NII performance against the Plan and explain any deviations
• Taking a leading role in the delivery of Tandem’s annual ILAAP
• Supporting other areas of Treasury and Finance where required