Junior Asset Liability Management Specialist

Permanent contract|Montreal|Finance

Junior Asset Liability Management Specialist

Montreal, Canada Permanent contract Finance

Responsibilities

Division Description: Present in the U.S. since 1939, Societe Generale today employs approximately 2,400 professionals based in six U.S. cities.  Societe Generale in the U.S offers fully integrated global finance, investment banking and global markets services, as well as alternative asset management via its Lyxor U.S. subsidiary.

The Finance Department of Global Banking and Investor Solutions (GBIS), is a global organization with local presence, providing the same set of services through global and efficient processes and consistent norms, leveraging on production hubs. The Corporate Treasury - Asset Liability Management  (TRE-ALM) group of the Finance Department is responsible for (1) raising funding and (2) managing liquidity, interest rate, and FX risks in the Americas
  Day-to-Day Responsibilities:  TRE-ALM is looking for an analyst to join its talented team. The analyst will work on diverse topics within the ALM function, with primary focus on (1) interest rate risk in the banking book (2) investment portfolio analysis and (3) funds transfer pricing. The position is quantitative with strong focus on fixed income portfolio management topics. This is a strategy role that will provide great foundational learning in bank balance sheet management and the interaction of multiple risk disciplines.

Day-to-day responsibilities include assisting senior team members in the following:
1. Measurement and forecast of interest rate risk in SG Americas from earnings and economic value perspectives in various stress scenarios
2. Management of interest rate risk through the use of derivatives or natural offsets
2. Assessment of interest rate risk in new product proposals from business lines
3. Development of  funds transfer pricing dashboards
4. Development of CIO/ investment portfolio dashboards
5. Implementation of balance sheet control frameworks
6. Identification of opportunities for enhancement/ automation within ALM
7. Development of senior management/ committee presentations
8. Working on risk, internal audit findings

 

Profile required

Competencies, Skills and Qualifications:  Skills:
1. Strong understanding of financial products and fixed income topics
2. Strong excel skills with ability to write VBA
3. Understanding of risk management and Basel framework

Competencies:
1. Comfortable with organizational complexity, high pressure environments and rapid change
2. Analytical and rigorous
3. Reactive and adaptive
4. Straightforward and clear communicator
5. Strong writing and presentation skills Qualifications:
•Bachelors/ Masters Degree in Finance, Economics, Mathematics or equivalent
0-5 years of experience in a finance/ treasury/controller/market-facing role
 

Business insight

Société Générale Corporate & Investment Banking (SGCIB) is the third largest investment bank in the European Economic Area and is present in more than 75 countries around the world.

The head office of its Canadian securities broker is located in Montreal and has approximately 100 employees. Société Générale Group's SGCIB division has positioned itself as a front-line player in the trading securities and derivatives on the Canadian market.  A Société Générale entity specializing in information technology is also based in Montreal.

Société Générale Group was established in Canada since 1974 and has today more than 400 employees and consultants based in its Montreal, Toronto and Calgary offices.

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: 22000ITF
Entity: SG Global Solution Centre
Starting date: 2022/07/25
Publication date: 2022/06/14
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