Difference between revisions of "ALM Manager"
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An Asset and Liability Manager may have a broad description of tasks with the precise composition depending on the organization / business model. For financial institutions, an ALM Manager may encompass managing risks and exposures in some of the following areas: | An Asset and Liability Manager may have a broad description of tasks with the precise composition depending on the organization / business model. For financial institutions, an ALM Manager may encompass managing risks and exposures in some of the following areas: | ||
− | * Interest Rate Risk | + | * [[Interest Rate Risk]] |
− | * Liquidity Risk | + | * [[Liquidity Risk]] |
− | * Currency Risk (FX Risk) | + | * [[Currency Risk]] (FX Risk) |
− | * Optionality risks | + | * [[Optionality Risk]] (risks associated with contractually embedded options such as [[Prepayment Risk]]) |
− | |||
=== Essential Skills and Competences === | === Essential Skills and Competences === | ||
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[[Category:Risk Management Jobs]] | [[Category:Risk Management Jobs]] | ||
+ | [[Category:Prepayment Risk]] |
Latest revision as of 13:50, 1 December 2022
Contents
Definition
An ALM Manager is a generic job profile template that can be used as the starting point for defining a more specific risk management job profile. This is NOT a template for a job vacancy advertisement as it does not include any specifics about any particular type of hiring entity.
Alternative Labels
- None
Roles and Responsibilities
An Asset and Liability Manager may have a broad description of tasks with the precise composition depending on the organization / business model. For financial institutions, an ALM Manager may encompass managing risks and exposures in some of the following areas:
- Interest Rate Risk
- Liquidity Risk
- Currency Risk (FX Risk)
- Optionality Risk (risks associated with contractually embedded options such as Prepayment Risk)
Essential Skills and Competences
Description of the abilities, proficiencies, know-hows, skills the a person must possess in order to carry out the risk management responsibilities
- Business Skills
- Technical Skills
- General Skills (Linguistic)
Optional Skills and Competences
Essential Knowledge
Optional Knowledge
Seniority Level
- Indication as to whether the function is formally segmented into seniority levels (e.g. junior, senior) that have material skill / experience requirements (not simply organizational arrangements).
- Indication as to whether the person must be an Executive
Experience
Experience denotes the intangible qualities acquired by a person in the process of having performed certain functions in the past
- Required experience in related business models
- General work experience
Education
Education denotes any formal and long duration training that is considered an important prerequisite for a role
- Educational level, e.g., university or college degree
- Subject matter of studies / Specialization
- Educational institution
Qualifications
Qualifications are formal certifications that a person fulfills some professional requirements
- Certifications
- Accreditations
- Admittance to professional societies etc.
Regulatory Aspects
See Also
Semantic Data
- The ESCO Code to which this job best corresponds to (as the most detailed leaf of the tree)