Manager IRRBB

Location London
Discipline: Finance & Accounting
Contact name: Callum MacRae

Contact email:
Job ref: 1563
Exciting Opportunity for IRRBB Manager
Unlock your career potential with a dynamic opportunity! Join a leading financial institution and set your future on a path filled with growth and development. We are currently on the lookout for a dedicated IRRBB Manager to become a key player in our client's UK (UK Ring-fenced bank) Treasury team.
Why consider this role?
  • Thrive in an environment that fosters professional development and growth.
  • Access a competitive pay and benefits package, including private healthcare, enhanced maternity/adoption pay, and a generous pension scheme.
Role Overview:
 As an IRRBB Manager, you will be pivotal in the effective management of Interest Rate Risk in the Banking Book (IRRBB) and contribute to strategic decision-making. Your responsibilities will include:
  • Collaborating with diverse stakeholders to design and implement risk management strategies.
  • Supporting structural hedging activities and managing interest rate risks associated with fixed-rate retail mortgages.
  • Analyzing customer behaviors and pricing strategies to make informed recommendations on IRRBB risk management.
  • Driving the development and implementation of a robust IRRBB management framework.
Qualifications: To be considered, you should possess:
  • Experience in IRRBB, including structural hedging and risk management of fixed-rate retail mortgages.
  • Effective communication skills and proficiency in key business software and analytical tools.
  • Analytical mindset with problem-solving abilities and a collaborative attitude.
  • Knowledge of financial markets and market products (fixed income and derivatives) is advantageous.
  • Ambitious, proactive, and adaptable to change.
 Location: This role offers flexibility, with options to be based in London or Birmingham, following a hybrid working model.