Head of Financial Risk

An exceptional role for a seasoned risk leader seeking to shape the future of balance sheet management. As Head of Financial Risk, you will oversee the integrity of IRRBB, liquidity and funding risk frameworks, providing strategic challenge and insight at the highest levels of decision-making. Operating from Brussels, this position offers both influence and impact within a dynamic regulatory and business landscape.

Your responsibilities as a Head of Financial Risk :

• Lead the 2nd LoD framework for IRRBB and ALM risk, ensuring robust policies, limits and monitoring across behavioural and modelling risks
• Provide independent challenge to ALM and Treasury strategies, funding plans, budgets, product pricing (FTP), hedging decisions, and balance sheet optimisation actions
• Ensure sound methodologies for IRRBB measurement (EVE, NII sensitivity, optionalities, CSRBB); liquidity measurement and modelling (behavioural NMDs, LCR, NSFR, survival horizon, funding stability and diversification), and assess integrity of assumptions
• Lead IRRBB and liquidity stress testing frameworks, ensuring severe but plausible scenario coverage, clear management actions and feasibility assessments, and integration with the Bank’s Liquidity Contingency Plan
• Lead the development of Liquidity Risk and IRRBB risk appetite limits
• Drive ICAAP and ILAAP contributions covering IRRBB, liquidity and funding risk
• Oversee model validation findings and drive remediation
• Act as the primary contact with the ECB/NBB for IRRBB and Liquidity risk topics, inspections, and follow-ups
• Oversee compliance with regulations (e.g. IRRBB, CSRBB, SOT, LCR, NSFR) and standards whilst ensuring implementation of EBA IRRBB guidelines, CSRBB requirements and EU banking package changes

About you :

• You have a minimum of 10–15 years of experience in ALM, Treasury, IRRBB, or Liquidity Risk, ideally within a regulated banking environment
• Experience in the Belgian regulated environment is required
• You combine a strong quantitative background with deep knowledge of IRRBB, liquidity, behavioral modelling and optionality, and balance sheet dynamics
• You are familiar with ECB/NBB frameworks and comfortable engaging with regulators
• You can challenge senior stakeholders and communicate effectively at board level
• You are fluent in English; French or Dutch is an advantage
• You hold a master’s degree, possibly complemented by FRM, CFA, or PRM certification

The offer :

• A key leadership position influencing strategic balance sheet and liquidity risk management
• High visibility with senior management and regulators
• Competitive compensation and a stimulating environment fostering expertise and autonomy

This is a chance to make a real impact as Head of Financial Risk in Brussels. A pivotal role driving excellence in ALM and risk oversight across the banking landscape.

Robert Walters Belgium is acting as an Employment Agency in relation to this vacancy.