Responsibilities
The ALM department is responsible for managing structural risks such as liquidity risk, interest rate risk, and FX risk for the company.
Furthermore, the ALM department is responsible for monitoring scarce resources and producing regulatory requirements.
The ALM senior officer will be a real asset of the team working on transversal missions such as the preparation & animation of the ALCO, the production of internal reporting for the Risk department, the review of internal ALM documentations, the participation to regulatory exercises and ALM projects.
The ALM senior officer will report to the head of ALM Risk Management.
Areas of responsibilities and objectives of the role
Key objectives are to:
- Manage structural risks:
- the ALM senior officer will be responsible for:
- the preparation and presentation of the ALCO
- the preparation of internal reports requested by the Risk department of Ayvens (e.g., monitoring of the Risk Appetite Statement)
- the ALM senior officer will act as an expert supporting and challenging the ALM officers.
- the ALM senior officer will participate to:
- the review and contribution to internal documentations (e.g., ALM policy, Universal Registration Document, Risk Appetite Statement, Contingency Funding Plan)
- the requirements from SG (requirements (e.g., closing committees, ALM standards follow up, annual review of limits)
- the ALM senior officer will be responsible for:
- Manage scare resources:
- the ALM senior officer will participate to the monitoring of the liquidity metrics (e.g., LCR, NSFR, CMB), either for internal steering or external reporting purposes
- Manage regulatory reporting:
- the ALM senior officer will participate to the production and monitoring of the regulatory requirements (e.g., FINREP, COREP, STE)
- Participation to ALM projects:
- The ALM senior officer will participate to ALM projects such as the implementation of the new IT environment (e.g., testing phase, controls implementation, process automation, training)
The ALM senior officer will have interactions with SG departments (Finance & Risk departments) and with Ayvens departments (Finance, Risk, Accounting & Treasury departments)
Profile required
Competencies
- Experience and developed skills on managing assets-liabilities risks, a.o. interest rate risks, liquidity risk, and FX risk.
- Strong analytical and quantitative skills
- Leasing and/or banking industry experience, including capital markets, derivatives, treasury products
- Knowledge on the external regulatory environment relating to risk management activities in a banking industry environment
Job requirements
- High maturity
- Autonomous, engaged, structured and rigorous
- Organisationally as well as socially sensitive ability to effectively maintain a constructive working relationship with all central, local operational and SG teams
- Positive attitude, flexible, honesty, respect, involvement, team player
- Able to work under pressure, to organize and prioritize
- Excellent written and oral communication and presentation skills in English
Position based in Paris (Rueil-Malmaison)
Experience of 5+ years in similar role is expected.
Business insight
Ayvens, a subsidiary of the Société Générale Group specialising in automotive financial services, provides services to large corporates, small to medium sized companies and private individuals. Ayvens offers a high-quality and innovative driver mobility solution to customers across 43 countries worldwide or through commercial alliances in 16 countries.
The combination of ALD and LeasePlan into Ayvens represents a unique opportunity to leverage on our companies’ complementary capabilities and to create a leading global player in sustainable mobility with a total fleet of 3.5 million vehicles.
Ayvens Central functions are responsible for the group's development and the supervision of activities to promote creation of synergies and to provide business and technical support, through its coordination role.
The Central Finance function will contribute to the creation of value for Ayvens by being a strategic partner to the business, as well as to guarantee and control the reliability of data, processes and technology used to produce financial information.
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.