Job Overview
The role of Covered Bond Manager involves overseeing the bank's covered bond funding activities, ensuring effective integration with its funding strategy. This position requires a strong analytical mind and excellent communication skills.
Key Responsibilities:
* Manage 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 relationships with institutional investors, lead managers, and analysts.
* Promote the bank's covered bond program through roadshows, investor calls, and conferences.
* 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 part of its 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 Asset-Liability Management (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.
Requirements
* Bachelor's or Master's degree in Finance, Economics, Business Administration, or related field.
* Minimum 5-10 years of experience in Treasury, Capital Markets, Debt Issuance, or Structured Finance within a banking environment.
* Deep knowledge of covered bond structures, mortgage or public sector collateral, and regulatory frameworks.
* Proven experience in dealing with investors, rating agencies, and regulators.
* Solid understanding of bank balance sheet management and liquidity planning.
* Strong analytical skills with the ability to interpret funding needs and market trends.
* Excellent communication and presentation skills for interaction with investors and senior stakeholders.
* Strategic thinker with strong execution capability.
* High attention to detail and organizational discipline.
* Proficiency in financial modeling, MS Office, Bloomberg, and treasury management systems.