ALM Analyst - UniCredit Bank

ALM Analyst 
DIVISION: CFO

DEPARTMENT: Finance  
 

Role:

Balance sheet management, liquidity management and financial planning

Monitoring and managing liquidity risk and interest rate risk in the banking book

Performing and challenging financial risk analyses, modelling and assesment

Management of the bond portfolio and of replication portfolios

We are looking for an individual eager to learn and grow a career with UniCredit, interested in ALM, Liquidity & Interest Rate Management and willing to thrive in a fast-paced environment. 
 
Contributes to the management of the asset-liability structure of the bank with the aim to ensure maximum return on an acceptable risk basis, performing analyses, scenarios and making proposals for management of the balance-sheet

Performs strategic planning and supervision of the liquidity of the bank with the aim of ensuring sufficient liquidity at all times (in collaboration with Treasury), whilst complying with legal and internal risk framework

Monitors and forecasts the evolution of regulatory and managerial liquidity and balance sheet metrics, proposing and implementing the necessary strategic and tactical steering actions in order to ensure compliance with relevant targets/limits/triggers

Managerial reporting regarding structural liquidity indicators (e.g. intra-period LCR, NSFR, Funding gap, NSFR adjusted, Structural FX gap, Funding concentration) according to the relevant Liquidity taxonomy and regulations in force

Carrying out first level controls aimed at verifying the data quality and robustness of the liquidity indicators and ensuring the consistency between managerial and regulatory reporting

Elaborates the annual/multi-annual Funding Plan and monitors its execution, in collaboration with local and Group relevant functions

Develops the Contingency Funding Plan and participates to the elaboration of the Recovery Resolution Plan in collaboration with the relevant departments

Monitors the banking book evolution from interest rate risk perspective, proposing and implementing the necessary steering actions in order to ensure compliance with relevant targets/limits/triggers

Manages and implements replication portfolios for interest rate risk (e.g. Replication portfolio for sight deposits)

Makes proposals for the structure and duration of the free equity investments

Manages ALM’s investment portfolio in accordance with the approved strategy

Coordinates and contributes to the ALM processes/activities of the subsidiaries

Provides accurate and timely analyses, reports, presentations and recommendations as per managerial and/or regulatory requirements  

Works with large data sets and software packages to manipulate data and extract insights

Experience & Skills 
 
Bachelor or Master degree in Mathematics, Econometrics, Finance, Economics or similar  

CFA/ACI/FRM/ACCA or similar professional certifications is preferred

Experience in a banking or financial environment; specific banking experience with ALM, Interest Rate & Liquidity Risk Management, Financial Planning is preferred  

Good understanding of financial markets and products  

Advanced verbal and written communication skills in English

Solid knowledge of MS Office (Excel, Power Point, Word); good knowledge of BI tools, SQL, VBA, Python, SAS Enterprise, Bloomberg, Reuters, Murex, AS400 is a plus  

Strong analytical skills, ability to create, challenge and improve ALM related analyses and techniques  

Pro-active attitude, willingness to learn new things and drive to continuously work for improvement 

What do we offer? 
 
Working in one of the most exciting and impactful areas of a bank  

Personal growth and challenging work with continuous learning opportunities  

A positive work environment with innovative and supportive colleagues who strive for the best

A compensation and benefits package tailored to your skills and experience