Business Analyst - Asset and Liability Management

  • Competitive
  • Londres, Angleterre, Royaume-Uni
  • CDI, Plein-temps
  • Société Générale - UK
  • 23 sept. 17

Business Analyst - Asset and Liability Management

People join for the impact they can have on us. They stay for the impact we have on them. A flatter structure offers visibility and exposure beyond that of our competitors, so you know our names, and we know yours. It's personable, human, and inspires success through passion. By encouraging open mindedness and a willingness to share ideas, we have adapted to market changes and thrived through innovation. Bringing words like “hard work” and “dedication” together with “community” and “respect” has enabled us to work collaboratively and build our future together. We call this Team Spirit and it's what makes us different. It's what makes you different.


Vacancy Opening Date 14/8/2017
Vacancy Closing Date 11/09/2017
Competitive Salary



Description of the Business Line or Department

The Asset & Liability Management function sits within the Finance division just as the Treasury function. The team provides expert resources in the fields of managing interest rate, FX and liquidity risks at the balance sheet level, all of which can present significant threats to the safety and soundness of the bank.
The team is responsible to meet the strategic liquidity requirements to balance supply and demand of money and capital to sustain the growth.
Moreover, the team coordinates the implementation of Head Office (Paris) guidelines regarding liquidity and capital management.
The head of ALM reports to the CFO.

Summary of the key purposes of the role

• Structural risks monitoring and management (interest rate and foreign exchange risks, liquidity risk) of Kleinwort Hambros

• Optimisation of the Balance Sheet and recommendation of appropriate actions relating to the commercial strategy via the Fund Transfer Pricing policy and the Product Pricing Committee

• Regulatory monitoring relating to Asset & Liability Management (SG Group's ratios - LCR, NSFR) and later to the indicators issued from the Basel's Standards for Interest rate risk in the Banking Book

• Group Asset & Liability Management project


ALM: Asset & Liability Management
LCR: Liquidity Coverage Ratio
NSFR: Net Stable Funding Ratio
FTP: Fund Transfer Pricing

Summary of responsibilities

• Structural risks monitoring and management (interest rate and foreign exchange risks, liquidity risk) of Kleinwort Hambros
• contribution to the daily monitoring of the structural foreign exchange and interest rate risks,
• contribution to the validation of ALM indicators produced by SG group's tools (liquidity gap, structural interest rate and foreign exchange risks, LCR, NSFR),
• structural risks analysis,
• recommendation of management's actions in the framework of ALM,
• contribution to the preparation of the ALM committee,
• ALM modelling (liquidity, interest rate risk) – annual review,

• Optimisation of the Balance Sheet and recommendation of appropriate actions relating to the commercial strategy via the Fund Transfer Pricing policy and the Product Pricing Committee
• Fund Transfer Pricing
• monthly production,
• quarterly analytic review,
• methodology review to adapt the FTP to the commercial strategy,
• contribution to set up a change of methodology in the tools,
• ensure the application of the FTP policy,
• contribution to the preparation of the Product Pricing Committee,
• Net interest margin calculation,

• Regulatory monitoring relating to Asset & Liability management (LCR, NSFR ratios) and later to the indicators issued from the Basel's Standards for Interest rate risk in the Banking Book
• participation to the enforcement of the governance relating to the LCR, buffer of liquidity and NSFR management and later to the indicators issued from the IRRBB recommendations,

• Group Asset & Liability management project
• set up new ALM indicators in SG group's tools (definition and testing of the result).

Delegated responsibilities

Delegation of responsabilities in the framework of the SG group's ALM project, the production of ALM indicators and ALM analysis.

Level of Autonomy and Authority

Autonomy for each key responsibility


Profile:

Competencies

• Strong knowledge of ALM (structural risks, ALM indicators),
• Quantitative skills,
• Bank regulatory knowledge (liquidity, interest rate risk),
• Analysis and synthetic abilities,
• Organisation,
• Respect of dead lines,
• Ability to work with different departments (Treasury, Regulatory team, Risk, Finance),
• Accurate and possess critical and problem solving skills,
• Excellent communication skills for written and verbal presentation,
• Team spirit and collaboration,
• System knowledge: VBA, Excel, word, power point.

Qualifications required or desirable

Education:
• Master degree in Finance and/or Mathematics,
• Chartered analyst

Necessary:
• Strong experience in ALM.

Languages
• English
• French


If you feel you have the required experience and qualifications, then please apply to the SG Resourcing Team, and we will manage your application. At Societe Generale, we believe our people are our strength and are core to the success of our business. As such, we search for, recruit and appoint the best available person on the basis of aptitude and ability, regardless of sex, marital or civil partnership status, race, colour, nationality, ethnic or national origins, pregnancy, disability, age, sexual orientation, religion, belief or gender reassignment.