As
part of the Bank’s Balance Sheet Management team, the Covered Bond Manager is
responsible for the planning, execution, and management of the Bank’s covered
bond funding activities. This role ensures that covered bonds are effectively
integrated into the Bank’s funding strategy, balancing liquidity needs,
regulatory requirements, and cost efficiency.
The
position requires strong expertise in capital markets, structured funding
instruments, and investor relations, as well as the ability to collaborate
across departments such as ALM, Risk, Finance, and Sales.
Your next challenge:
- Oversee cover pool
eligibility, reporting, and compliance with national and EU regulatory
requirements. - Ensure adherence
to CRR, EU Covered Bond Directive, and local supervisory frameworks. - Conduct internal
stress tests and coverage calculations to maintain program robustness. - Coordinate with
auditors, regulators, and rating agencies on program-related reviews. - Maintain strong
relationships with institutional investors, lead managers, and analysts. - Organize and
participate in roadshows, investor calls, and conferences to promote the
Bank’s covered bond program. - Prepare regular
investor reporting, program documentation, and market updates. - Provide feedback
to senior management on investor sentiment and market developments. - Manage the Bank’s
covered bond program as a key component of the overall funding strategy. - Participate in the
structuring and execution of new covered bond issuances. - Optimize maturity
profile, issuance currency, and costs within regulatory and strategic
constraints. - Monitor secondary
market performance to guide future issuance strategy. - Work closely with
ALM to align covered bond issuance with the Bank’s balance sheet and
liquidity profile - Collaborate with
Risk, Finance, and Legal on pool eligibility, reporting standards, and
compliance monitoring. - Coordinate with
Sales teams to leverage market intelligence and align with client
activities.