Senior Associate, ALM

About the opportunity The Senior Analyst ALM, Treasury is responsible for executing and overseeing a broad range of ALM related operations, including supporting on transaction execution and booking, providing relevant and data-driven analyses and taking over multiple recurring processes which are involved in the ALM function. A core focus of this role involves helping to manage the growing balance sheet of the bank across both its assets and liabilities. With deeper expertise and autonomy, the role acts as a key point of contact for risk controlling, credit risk, regulatory reporting and system-related matters, ensuring accuracy and compliance across all functions. The Senior Analyst supports the investment life-cycle, contributes to audit readiness, and helps maintain efficient ALM management. By collaborating closely with finance and audit teams, this role strengthens operational stability while ensuring regulatory alignment within a dynamic financial environment In this role, you will: Asset-Side Operations Transaction & Portfolio Management: Adding and maintaining transactions in the Front Office system, including the necessary documentation according to internal policies. Take over the daily maintenance of the portfolio and monitor the life-cycle of multiple asset classes including bonds, promissory notes ( Schuldscheine ), public loans, investment funds, and mortgage loans. The role is expected to also lead to supervised execution of financial transactions. Portfolio Optimisation: Run analyses and provide insight on how to optimise the asset distribution and future allocations based on quantitative metrics in alignment with internal risk appetite and investment targets. Risk Mitigation & Credit Operations: Contribute to the analysis of hedging strategies, monitor their effectiveness, and support the execution of risk mitigation programs. Provide structural support in requesting and setting up bank credit lines. Liability-Side Operations & Core ALM Modelling Replication Portfolio: Help build up, model, and maintain the replication portfolio framework for non-maturing liabilities. Capital Market Issuances: Support the balance sheet, structural, and modeling requirements of actual and future debt issuances, with a primary focus on secured or securitized assets. Risk Profiling & Analytics: Support the maintenance and validation of ALM models and assumptions. Assist in the modeling of new products and analyze their direct impact on the overall ALM risk profile. Stress Testing & Regulatory Tracking: Contribute to the preparation of regulatory stress tests and scenario analyses. Staying updated on relevant ALM regulations (CRR/CRD, MaRisk, EBA guidelines on IRRBB, Liquidity, etc.) and assist in assessing their balance sheet impact. What you need to be successful: Professional Background: 2-4 years of overall work experience in a Top Tier consulting or banking institution, featuring 1–3 years of focused, practical experience with fixed-income instruments, encompassing both cash vanilla and structured assets and interest rate derivatives Treasury Expertise: Strong understanding as well as practical experience with Bank Front Office and/or Treasury and/or ALM frameworks and the investment process for a regulated institute, alongside a strong command of broader economic data and market developments. Regulatory Knowledge: Knowledge of essential regulatory requirements , including an established knowledge of the current financial and banking legal environment, guidelines, and frameworks (CRR/CRD IV/KWG and MaRisk). Academic Background: Bachelor or Master degree in Business studies, Finance, Economics, or an equivalent quantitative qualification. Languages: Fluent English with business-level German language capabilities. Autonomy & Drive: High degree of availability, self-motivation, initiative, and a proven capacity to work with a high level of autonomy to drive processes with minimal oversight. Resilience & Adaptability: Clear willi