Treasury ALM Project Lead

Posted Jul 4, 2023
Project ID: BCLYJP00035733
London, Greater London, Hybrid
6 months
Starts: Aug 7, 2023
Ends: Feb 6, 2024
35 hrs/week
Payrate range

Treasury ALM Project Lead

Location: London - Open to hybrid working

Length: 6 months initial contract

PAYE only

Overall purpose of role:

The role will be based in the ALM Balance Sheet Strategy team who are responsible for the management of interest rate risk on the banking book across the Group balance sheet. The role will be primarily focused on supporting new business development and its impact on the management of interest rate risk in the banking book, driving both tactical and strategic solutions to support the business.


Key Accountabilities:  

  • Assess the impact of business changes on the identification, modelling, measurement, reporting and management of interest rate risk on the banking book

  • Drive the agenda of project with calls/meetings to take place with Treasury and broader stakeholders

  • Design, implement and run hedging processes as required to support new business development

  • Work with Technology teams to design and implement strategic solutions for both the reporting and risk management using the QRM system (risk reporting system)

  • Ensure the modelling of business changes are correctly reflected in the production of both internal and external reporting in relation to IRRBB


Stakeholder Management and Leadership

This person is required to have the ability to work collaboratively with key stakeholders in order to achieve the strategic objectives of Barclays.

Key stakeholders and relationships include:

  • Head of ALM/Balance Sheet Management and wider team

  • Director of ALM Risk and wider team

  • Finance business partners

  • Entity Treasury ALM leads

  • Product Commercial Teams

  • Treasury Transformation teams

  • Treasury Technology teams

  • ALM Centres of Excellence leads

Person Specification

  • Personal attributes essential to performing roles including competencies, expertise, knowledge, and experience.

  • Previous customer banking book ALM/IRRBB experience

  • Good understanding of the IRRBB regulatory environment

  • Strong organisational skills

  • Strong understanding of a bank’s balance sheet and sources of interest rate risk

  • Ability to explain technical concepts in a simple, concise, succinct manner

  • Excellent stakeholder management skills with a proven record of presenting to a wide range of audiences

  • Strong numerical ability and analytical skills

Essential Skills/Basic Qualifications:

  • Previous customer banking book ALM/IRRBB experience required

  • Strong understanding of a bank’s balance sheet and sources of interest rate risk

  • Ability to explain technical concepts in a simple, concise, succinct manor with strong presentational

  • abilities, both written and oral

  • Excellent knowledge of the UK consumer and financial markets and the impact on customer

  • behaviour/our hedging programmes


Desirable skills/Preferred Qualifications:

  • Strong stakeholder management skills

  • Highly analytical, numerate and accurate

  • Self-motivated with good decision making skills and a strong control mind set

  • Strong numeric degree or professional qualification


About Barclays


Barclays is a British universal bank. It is diversified by business, by different types of customers and clients, and by geography. Barclays businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by its service company which provides technology, operations and functional services across the Group.




Everything Barclays does is shaped by its five values of Respect, Integrity, Service, Excellence and Stewardship. The Barclays values inform the foundations of its relationships with customers and clients, but they also shape how Barclays measure and reward the performance of colleagues. Simply put, success is not just about what you achieve, but about how you achieve it.




Barclays aims to foster a culture where individuals of all backgrounds feel confident in bringing their whole selves to work, feel included and their talents are nurtured, empowering them to contribute fully to Barclays vision and goals.


Hybrid Working


Barclays is currently operating in a hybrid working environment, meaning that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. Please discuss the details of the working pattern options for the role with the hiring manager.


Your Benefits


As a contract employee of Randstad Sourceright, you’ll receive a wide range of financial and personal benefits. There’s enrolment in a pension plan (after 12 weeks on assignment) and holiday pay. You’ll also get 24/7 access to an Employee Assistance Programme, designed to help you deal with any problems that could be affecting your home or work life. Plus, there’s discounts at heaps of high street shops, restaurants and entertainment - from Asda to Zizzi Italian restaurants.

Similar opportunities

+ Search all opportunities