Risk Manager - Asset Liability Management (ALM) and Liquidity Risk

Cornèr Bank in Lugano seeks a Mid-level Risk Manager for Asset Liability Management and Liquidity Risk. The role involves analyzing risks, monitoring liquidity, and ensuring regulatory compliance.

This position is dedicated to overseeing Asset Liability Management (ALM) and liquidity risk. The primary objective is to maintain a robust financial standing and effectively address market fluctuations through strategic risk management.

Responsibilities

• Perform comprehensive evaluations of ALM and liquidity risks to pinpoint weaknesses and create countermeasures.
• Track daily liquidity status to guarantee adherence to internal policies and regulatory standards, including the Basel framework and FINMA regulations.
• Partner with treasury and finance teams to enhance liquidity practices, such as cash flow projections, buffer management, and funding contingency plans.
• Evaluate and control interest rate risk within the banking book (IRRBB), formulating approaches to protect earnings and capital from negative effects.
• Execute liquidity stress tests and scenario analyses to gauge the impact of unfavorable market shifts on liquidity.
• Generate precise reports on liquidity risk and ALM for senior leadership, committees, and regulators, offering actionable insights.
• Manage workload efficiently in a fast-paced setting, prioritizing tasks to meet strict deadlines.

Requirements

• Minimum of three years in risk management, specifically within ALM, liquidity risk, or treasury functions.
• Current residence in Ticino or readiness to relocate to the region.
• Deep understanding of ALM and liquidity risk, along with proficiency in interest rate risk tools and methods like scenario analysis and stress testing.
• Strong analytical capabilities and meticulous attention to detail, capable of processing complex data using Python, R, and SQL.
• Effective communication abilities, both written and verbal, with the skill to explain technical concepts clearly to non-specialist audiences.

Nice to have

• Native-level proficiency in Italian and English, with French or German skills being advantageous.
• Holding a professional risk management certification, such as FRM or PRM, is beneficial.