Interest Rate Risk Management Consultant (ALM)
Employer · OTP Bank Magyarország
Financial analystInvestment adviser
EconomistFlexibleFull-timeBudapest District V, Nádor u. 21.
OTP Bank is a leading banking group in Central and Eastern Europe. As one of Hungary's largest employers, we provide a stable, established company. Our mission is to build on our traditions to shape the future and work on innovative solutions.
Tasks
- Participation in the development and implementation of the group-level banking book interest rate risk strategy
- Active participation in preparing decision-making materials for management (ALCO, Management Committee)
- Regular review of interest rate risk targets considering market conditions, expected balance sheet trends, and regulatory/model changes, development of action plans to achieve targets
- Forecasting the expected level and sensitivity of net interest income and compliance with regulatory indicators (dNII, dEVE sensitivity) under various yield scenarios
- Participation in the development and enhancement of the interest rate risk measurement and analysis framework
- Participation in the development of the internal transfer pricing (FTP) system between business lines and ALM, as well as analysis and forecasting of ALM performance
- Participation in developing proposals regarding the group's investment portfolio
- Head office oversight of the work of OTP Group's subsidiary business areas
Conditions & benefits
Competitive salary and cafeteria packageWe provide a competitive compensation and cafeteria packagePrivate health insuranceWe provide a private health insurance package and also support your savings in health and voluntary pension fundsEmployee discountsWe offer numerous employee discounts (e.g., for mobile phones, mortgages, bank accounts, holidays)Hybrid workingHybrid workingTraining and developmentWe offer a comprehensive training system, career growth, and support your professional development
Requirements
- Higher degree in finance (specialization in finance or investment analysis is an advantage)
- Knowledge of statistics and financial modeling in Excel
- Analytical mindset, strong problem-solving skills
- Strategic outlook, ability to see the big picture
- Ability to work efficiently under tight deadlines
- Working proficiency in English
- At least 2 years of relevant professional experience in banking ALM, Treasury, Market Risk Management, or related consulting fields (advantage)
- Postgraduate financial qualification (e.g., CFA, FRM, EFFAS) (advantage)
- Experience in financial modeling or building complex calculation infrastructures (advantage)
- Experience in creating management PowerPoint presentations (advantage)