Asset & Liability Management Analyst

International Volunteer Program|Milano|Finance

Asset & Liability Management Analyst

Milano, Italy International Volunteer Program Finance


Within a Milan based finance team (DFIN) covering accounting and treasury activities, you will be a ALM (Asset & liability Management) Analyst. 
You will contribute to the ALM analysis and reporting of SGSS Italy.

As such, you will participate in:

•    Analysis on liquidity topics, with particular attention to Funding figures (volumes and related cost), business line segmentation, Net interest and Transformation margin, regulatory cost.
•    Monitoring, backtesting and periodical review of the statistical model underlying SGSS Spa's ALM management 
•    Calculation of LCR and NSFR ratios 
•    Analysis of alternative financial investment instruments, 
•    Budgeting, forecasting on main liquidity topics
•    Provide support in the preparation of the ALM Committee with dedicated focus on the monitoring of the ALM statistical model, but also including research of macroeconomic, interest rates and market data in order to contribute quality analysis and forecast

Profile required

PLEASE NOTE that since this program is primarily an international development program, candidates cannot apply to a VIE assignment in their own country of citizenship.

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

  • Graduate with a Master degree from Business/Engineering School or University with a specialization in Economics or Statistics
  • A previous experience as ALM analyst is not mandatory but would represente a competitive advantage
  • In-depth knowledge of Excel and data management tools (SQL, Alterix, Power BI) 
  • Fluent in English and some bases in Italian (A2)
  • Team spirit, positiveness, innovative mindset, change management, rigorousness and transparency
  • Understanding of ALM topics, liquidity risk, financial investment instruments, macroeconomic and interest rate dynamics

The VIE assignment in a nutshell :

This VIE in Milan 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 12 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 (including your financial indemnities), please see Mon VIE-VIA Business France.

We would like to draw your attention to the fact there that your VIE mission could potentially get postponed, depending on the evolution of the health crisis and subjects to the decision made by the Crisis and Support Centre of the Ministry of Europe and Foreign Affairs (MEAE). In addition, the selected candidate will only be paid upon confirmation from Business France and arrival in the country of assignmen

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: 22000OHX
Entity: Société Générale Securities Services
Starting date: 2022/11/01
Publication date: 2022/09/05