ALM Manager

Those who choose a career at Lombard Odier work for a renowned, global asset manager and asset manager focused on sustainable investments. We are an independent and innovative bank of first choice for private and institutional clients. Our group is one of the best capitalized worldwide. We manage around CHF 300 billion and operate from over 25 offices on four continents.

With our over 225-year history, we are an investment house with a comprehensive range of discretionary and advisory portfolio management as well as financial services. We also successfully market our state-of-the-art technology platform to other financial institutions. Through Lombard Odier Investment Managers, we offer asset management services and investment strategies.

"Rethink Everything" is our philosophy – it is at the heart of our actions. We have become stronger through more than 40 financial crises by constantly rethinking the world around us. This allows us to always offer our clients new investment perspectives.

ALM Manager

Within the financial management and under the responsibility of the Group Treasurer, the ALM manager is responsible for developing and implementing ALM strategies with a view to optimizing the Group's interest margin and managing structural risks. He/she must have solid knowledge in portfolio management, financial modeling, and risk analysis.

YOUR ROLE:

Strategic liquidity management and balance sheet steering

• Measure, monitor, and proactively manage short, medium, and long-term liquidity needs, ensuring the structural balance of the balance sheet and compliance with regulatory requirements (LCR, NSFR, internal ratios).
• Develop and implement an integrated liquidity strategy: financing planning, reserve management, refinancing cost optimization.
• Identify, model, and quantify structural and cyclical liquidity risks, integrating stress scenarios and macroeconomic sensitivity analyses.
• Design and present balance sheet evolution simulations based on economic, monetary, and interest rate policy trends.
• Manage the implementation and maintenance of the FTP system, ensuring efficient allocation of liquidity costs and risk-adjusted profitability by activity.
• Contribute to the development and optimization of ALM stress-testing models (ILAAP), in collaboration with Risk and Compliance teams.

Interest rate risk and HQLA portfolio management

• Supervise the analysis and management of structural interest rate risks (IRRBB), developing appropriate hedging strategies.
• Manage the allocation and optimization of the HQLA portfolio, ensuring regulatory compliance and maximizing risk-adjusted returns.
• Use statistical modeling and simulation results to guide strategic decisions regarding investment, hedging, and balance sheet structure.

Cross-functional collaboration and governance

• Work closely with Treasury, Trading, Accounting, Compliance, and Risk teams to ensure overall coherence of the ALM strategy.
• Provide analytical support and technical advice to business lines on valuation, liquidity, internal pricing, and strategic investment issues.
• Actively participate in the Group's financial governance: preparation of ALCO committees, internal communication on balance sheet performance, recommendations for corrective measures.
• Supervise and develop a team of ALM analysts, ensuring their skills development and dissemination of best balance sheet risk management practices.

YOUR PROFILE:

• Advanced degree (engineering school, business school, university) with specialization in quantitative finance, financial economics, applied mathematics, or financial engineering.
• Proven experience (>7 years) in an international banking environment, ideally in private banking or wealth management.
• Proven experience in team management and cross-functional management of strategic projects.
• Deep knowledge of financial markets, hedging instruments (interest rates, foreign exchange, bonds), and ALM risk measurement tools.
• Excellent knowledge of statistical and quantitative models applied to ALM (behavioral modeling, gap analyses, etc.).
• Proficiency in Microsoft Office (Excel/VBA) and familiarity with querying and automation tools (SQL, Python, Tableau).
• Excellent written and oral communication skills in French and English; knowledge of German is an asset.
• Analytical mindset, methodological rigor, strategic sense, and ability to influence high-level decisions.
• Residence in Switzerland.

Five values define the DNA of our house. Excellence motivates us to be the best in our field, and Innovation enables our progress. Respect is the foundation of our interactions, and Integrity guides our actions. Together we are One Team, passionately committed to serving our clients.

We promote an inclusive and integrative work environment for our employees. Diversity, equality, and inclusion are firmly embedded in our corporate philosophy ‘La Maison’ and we strive to enable our employees to achieve both their professional and personal goals. We promote internal career paths through individualized and competency-based training programs. We are firmly convinced that building diverse teams contributes to our sustainable success and is therefore the foundation of our corporate strategy.

It is a great opportunity to become part of the team. All applications will be treated with strict confidentiality.