ALM Junior Specialist

International Volunteer Program|New York|Corporate & Investment banking

ALM Junior Specialist

New York, United States International Volunteer Program Corporate & Investment banking

Responsibilities

Responsabilities

Within SGCIB, the Global Banking and Advisory business unit (GLBA) is responsible for providing our issuer clients (corporates, financial institutions, public sector) with capital raising solutions, along with structured financing and commodities, forex and interest rate hedging. Developing tailor-made products and providing strategic advice (capital structure advisory, financing schemes, and capital markets) based on our worldwide expertise and in-depth sectorial knowledge, we aim to meet our clients’ financing needs. We are a top player across euro debt capital markets and have won many international accolades over the years as a worldwide leader in export, project, natural resources, and energy finance.

Within the Business Management Organization of GLBA (GLBA/BMO), the Asset Liability Management Junior Specialist will be responsible for managing the liquidity and structural risks of our financing activities in the Americas region.
Besides managing the pricing and monitoring operations booked in SG’s Americas region, this individual will be collaborating closely with his/her counterparts on the GLBA/BMO/ALM team in Paris, as the ALM model risk is managed globally.

During your VIE mission you will be in charge of these responsibilities:

Pricing of Internal Liquidity Cost Pre-Closing:

  • Based on deal structure pre-closing, forecast the on-balance sheet profile and its associated internal liquidity cost using GLBA/BMO/ALM-developed liquidity models
  • Work with originators to identify all inherent deal uncertainties related to the transaction (e.g., closing delay, drawing options) and best define the liquidity micro-hedging strategy that respects the deal’s uncertainty sensitivity
  • Assist with micro-hedging deals at closing

Ongoing Asset and Liability Management:

  • Monitor the GLBA/BMO/ALM portfolio’s long-term gaps and market risk limits
  • Report the GLBA/BMO/ALM portfolio metrics with multiple analytical and reporting views including accrual, shadow Mark-to-Market (MtM), and income contribution split between market and model risk factors

Migration:

  • Coordinate with all teams involved the migration of deals (legacy, fixed rate)
  • Assist with the IBOR transition

Profile required

Your profile

Graduate with a Master degree from Engineering School or University with a specialization in quantitive finace, mathematics, economics, finance
A previous experience in structured finance or Asset and Liability Management would be appreciated
Strong communication and presentation skills
Proficient//Strong command of MS Office
Fluent in English and French
Database, mathematical, and/or statistical programming skills are a plus

To facilitate the examination of your application by our English-speaking managers, we thank you for applying in English. 

All our positions are open to people with disabilities. 

The VIE assignment in a nutshell


This VIE in New York is to begin as soon as possible but you need to plan 3 months between your application date and the beginning of your VIE assignment. It will last 18 months. 

The VIE is a specific contract, under Business France’s eligibility criteria, opened to candidates under 28 and from the member states of the European Economic Space. For further information, please see www.civiweb.com. 

Why join us

As soon as you arrive, you will be integrated into our teams and will learn every day alongside our experts, who will support you in your tasks. Gradually, you will become more independent in your projects, making this experience a real career accelerator. You will also discover all the diversity of our businesses, in a sector that is constantly evolving and innovating.

At the end of your VIE, various opportunities could be offered to you, in France and abroad.

Business insight

At Societe Generale, we are convinced that people are drivers of change, and that the world of tomorrow will be shaped by all their initiatives, from the smallest to the most ambitious. 
Whether you’re joining us for a period of months, years or your entire career, together we can have a positive impact on the future. Creating, daring, innovating and taking action are part of our DNA. 
If you too want to be directly involved, grow in a stimulating and caring environment, feel useful on a daily basis and develop or strengthen your expertise, you will feel right at home with us!

Still hesitating? 
You should know that our employees can dedicate several days per year to solidarity actions during their working hours, including sponsoring people struggling with their orientation or professional integration, participating in the financial education of young apprentices, and sharing their skills with charities. There are many ways to get involved

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 22000STI
Entity: SG Americas Securities
Starting date: 2023/02/01
Publication date: 2023/01/24
Share