IRRBB Modelling Manager

IRRBB Modelling Manager

Bristol or Leeds

6 months contract

Day rate £450 via Umbrella Company

Pontoon is an employment consultancy, we put expertise, energy, and enthusiasm into improving everyone's chance of being part of the workplace. We respect and appreciate people of all ethnicities, generations, religious beliefs, sexual orientations, gender identifies, and more. We do this by showcasing their talents, skills, and unique experience in an inclusive environment that helps them thrive.

My client powers businesses of all sizes to make, take and manage payments. They are a global leader in financial technology with unique capabilities to power omni-commerce. Whether online, in store or mobile, they are at the heart of great commerce experiences in 146 countries and across 135 currencies. They help our customers become more efficient, more secure and more successful.

They are looking for an accomplished IRRBB Modelling Manager to work closely with the Senior Manager, IRRBB in delivering best in class modelling and reporting to a broad range of stakeholders. This is a highly visible role with exposure to senior colleagues across Group Corporate Treasury and Risk, in addition to the full customer balance sheet. The position is being offered on a 6 month contract with the potential to extend. You will be working Monday to Friday, 9am to 5pm, hybrid working being office based at one of the above locations a minimum of 2 days a week.

Key accountabilities:

Build and maintain QRM models for Net Interest Income (NII), and Market Value (MV) calculations
Establish and build effective relationships with Risk and Finance stakeholders to support the delivery of business assumptions into QRM and supporting stress testing.
Lead change and testing efforts for QRM model enhancements, including UAT planning and execution
Producing and completing test output governance, including documentation.
Collaborate with Treasury, Risk, and Finance stakeholders to gather requirements and deliver model improvements.
Ensure models align with regulatory expectations (e.g., ICAAP, SOTs, stress testing) and internal governance standards.
Manage and minimise operational risks via robust control frameworks underpinning processes
Continuously strive for process improvements to enable time for value adding activity and qualitative review
Support agreed change initiatives to deliver agreed objectives of IRRBB team
Support simplification of the ALM model and continued development of model assumptions, including the development of dynamic modelling and back testing.

Key skills:

Experience in the financial sector and product knowledge eg mortgages, savings, credit cards.
Ability to debate and influence with senior stakeholders
Effective communication style to confidently explain technical topics both verbally and in business commentaries
High level of intellectual capacity driving an ability to grasp new techniques quickly
Positive attitude with enthusiasm to contribute to an engaged team culture
Self awareness and ability to drive own development
Awareness of key Market Risk management techniques including: Net Interest Income Sensitivities, Market Value, Basis Risk, Stress Testing
Good understanding of Excel functionality and capabilities to proactively review, challenge and streamline existing models or build new modelling capability
Strong understanding and use of ALM software tools, ideally knowledge and use of QRM, to manage market risk
Proactively demonstrates the Groups Values and Behaviours

Please apply with an up-to-date CV which must show evidence of the above to be considered. Please be advised if you haven't heard from us within 48 hours then unfortunately your application has not been successful on this occasion, we may however keep your details on file for any suitable future vacancies and contact you.

We use generative AI tools to support our candidate screening process. This helps us ensure a fair, consistent, and efficient experience for all applicants. Rest assured, all final decisions are made by our hiring team, and your application will be reviewed with care and attention