Job Description

Application Deadline: Friday 25 July 2025

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Hybrid Working Pattern: 3 days in Office & 2 WFH

About us

Cynergy Bank is the UK's human digital bank serving the needs of 'scale up' or medium sized and fast-growing SMEs; professionals; high net worth and mass affluent individuals, in essence those market segments that still value human service enabled by great technology.


We recognise that professional and personal lives often overlap and our mission is to help empower our customers to achieve their ambitions by serving all their interdependent banking needs. We provide a comprehensive range of digitally enabled products and services to meet the property finance, business and commercial banking, private banking and personal savings needs of our customers.


Our human and digital model transforms banking for customers who still value a face-to-face relationship that is enabled by the latest digital technology.


We partner with firms such as Google Cloud, Cigniti and Slalom as we continue to innovate in the human digital space.


Cynergy Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Eligible deposits with Cynergy Bank plc are protected by the UK Financial Services Compensation Scheme.


For more information on Cynergy Bank visit www.cynergybank.co.uk

Company Benefits

Competitive Salary and Company Bonus Competitive holiday allowance plus bank holidays Option to purchase an additional 10 days holiday Pension contribution and Life Assurance Income Protection Scheme and Season Ticket Loan Medical Cover (After Probation) Electric Car Scheme and Money Coach (After Probation)

The Role:

We are seeking a Treasury ALM Analyst to support the delivery of key regulatory and internal risk appetite reporting within the Treasury function. The candidate will play a central role in monitoring and management of Liquidity Risk Reporting, Interest Rate Risk in the Banking Book (IRRBB), as well as contribute to the Funds Transfer Pricing (FTP) process.

Responsibilities:

Liquidity Risk Reporting

Prepare and deliver daily liquidity risk reports, ensuring timely distribution to key stakeholders and alignment with internal risk appetite and regulatory requirements. Prepare a bi-monthly cashflow forecast for the Sub-ALCO committee, to support forward-looking funding requirements and liquidity planning. Support the production of the month-end liquidity reporting pack, including reconciliation of cashflows, funding positions, and key ratios, as well as providing commentary on material movements. Contribute to the maintenance and continuous improvement of the internal liquidity models, including assumptions, data, methodologies, and control enhancement. Support the preparation and update of the Internal Liquidity Adequacy Assessment Process (ILAAP), including contributions to risk narrative, methodology documentation, and regulatory submissions.

IRRBB Reporting

Produce and validate key IRRBB metrics, including (but not limited to) Earnings at Risk (EaR), Economic Value of Equity (EVE), Basis Risk, and the FSA017 regulatory return, ensuring accuracy, consistency, and alignment with internal risk frameworks. Contribute towards the management of the Bank's interest rate risk by proposing the execution of interest rate swaps in alignment with the Bank's hedging strategies. Support the development, maintenance, and documentation of IRRBB methodologies and assumptions. Assist in the periodic review and challenge of key model parameters and behavioural assumptions. Maintain the IRRBB system (KALM), with monthly reconciliations back to the ledger.

Funds Transfer Pricing

Support the bi-monthly FTP process. Assist with the development and enhancement of FTP methodologies and internal documentation. Collaborate with Finance and Risk teams to ensure alignment of assumptions and inputs.

Other Responsibilities


Contribute towards and prepare packs for the key Treasury committees, such as the monthly ALCo, Technical ALCo and bi-monthly Sub-ALCo. Support the development of the Bank IRRBB system (KALM) Contribute to the development of Treasury policies and procedures.

Essential Knowledge & Experience

Degree in Finance, Accounting, Risk Management, Economics, or a related field. Professional qualifications such as ACCA, ACA, CIMA, CFA, FRM, or PRM highly desirable. Experience (Preferably 2.5+ years) in a Treasury function, preferably within a financial services or banking/building society environment. Working knowledge of either IRRBB or Liquidity. FTP would be desirable. Excellent technical, data analytics and problem-solving skills, with the ability to interpret complex data and develop actionable insights. * Strong written communication and presentation skills, with the ability to engage and influence senior stakeholders.