TRAINEE: Asset Liability Management Analyst

What We Offer

Your life doesn’t revolve around your job. So, find the job that revolves around your life.

The Trainee role is a full time 24-month contract with Societe Generale where you will have access to a diverse range of training materials to help you succeed, covering various aspects of businesses, including but not limited to technical skills, leadership development, communication skills, client service and relationship management. To be eligible, please ensure you have completed your qualification and will be available to work full time for the duration of Trainee contract.

Main Areas managed by the team:

• ALCO: preparation and animation of the Asia ALCO which oversees the steering of the region’s balance sheet,  capital and structural risks
• Structural risk liquidity/IR/FX: monitoring and analyzing the liquidity gaps (BAU, stressed) and banking book IRR sensitivities and FX exposures against thresholds/limit
• Balance sheet : monitoring, analyzing and steering the Asia’s balance sheet across business lines,  
• Capital management: monitoring and analyzing the capital structure of Asian legal entities and optimizing their replacements; leading the preparation of capital injection requests to support business development needs
• Financial and RWA steering: RWA and capital forecasting for the strategic planning and financial budget
• Norms: acquire a deep understanding on Group policies / guidelines and regulatory norms relevant to ALM metrics and transposing them to Asian entities where applicable
• Projects: steer or contribute to projects related to any of the related ALM and funding subjects (e.g. support new business initiatives)

Responsibilities

Analysis

• Prepare ALM dashboards and conduct detailed trend and variation analysis on ALM metrics (balance sheet, funding gaps, stressed liquidity gaps and IRRBB NPV sensitivity) of all Asian entities. Work with relevant business owners to understand the consumption and link with the business drivers.
• Perform simulation and impact analysis on models related to structural risk metrics
• Conduct simulation on structural risk metrics for new business initiatives

Digitalization/Projects

• Automation and enhancement of ALM operations within the team and region (regular dashboard, reporting, and ad-hoc analysis)
• Contribute to Asia IRRBB project to overhaul the feeding and reporting chain.

• Bachelors or Masters from a competitive university (local or international), ideally with a major in Finance or Engineering
• Strong demonstrated interest in the relevant field - quantitative finance / risk management – esp. liquidity and market risk / investment banking activities, in particular global markets / corporate finance & accounting / macro-micro economics etc
• Self-automation capacity - Programming skills, including experience on automation and data science is a plus
• Expertise on derivatives valuation (fixed income and equity underlying) is a plus
• Ability to work under pressure managing multiple stakeholders, strong team player who understand the value of collaboration, strong logical thinking skills and adept on communication (written and oral) 
• Fluent English is mandatory

  Behavioral Skills

• Responsibility - Risk awareness: I am constantly on the lookout for risks
• Team Spirit - Collective mindset: I favour the team’s interest over my own results
• Team Spirit - Open mindset: I listen and share my views and my expertise in an open mode
• Innovation - Technology: I adopt new  technologies in the solutions and projects I work on
• Responsibility - Accountability: I make decisions in my scope of responsibilities
• Commitment - Exemplarity: I embody the Group’s values 

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.

We are committed to offering an inclusive recruitment experience to all candidates.  If you require any accommodations or adjustments as a result of a disability, impairment or health condition, please do not hesitate to let us know.

This is a fixed term 24 month Trainee contract with Societe Generale. You will form part of the team on a full time basis. In order to apply for the Trainee position please ensure you have completed your qualification and will be available to work full time for the duration of the Trainee contract.

Our Culture:

At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit and innovation. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. We experiment and propose new ideas. This way, we maximize our ability to serve client needs and anticipate market changes. Societe Generale is committed to strengthening bonds with colleagues, communities, and the world in which we live, because relationships are at the heart of how we operate.
Please visit our APAC career website: https://www.societegenerale.asia/en/careers/building-your-career-with/ for more information.

Diversity, Equity & Inclusion (DE&I):

Our mission: Recruit, develop, advance, and retain a diverse workforce that is united in our efforts to enhance our competitive position and deliver innovative solutions to our clients.

Our vision: 

• Engaged workforce that is demographically diverse in a way that reflects the communities in which we operate
• Inclusive culture and workplace that recognizes employees' unique needs and utilizes their diverse talents
• Engage our community and marketplace, and position the organization to meet the needs of all its clients

Check out our DE&I initiatives: https://www.societegenerale.asia/en/careers/diversity-equity-inclusion-dei/

Hybrid Work Environment:

Societe Generale offers a hybrid work arrangement that offers employees the flexibility to work remotely, as well as on-site, in order to promote interaction and collaboration with colleagues while adhering to all SG standard protocols.  Hybrid work arrangements vary based on business area.  The applicable Business lines will determine and communicate the work arrangements that best meet their business needs.

Department Description

The Asia ALM team in the Finance department, is a team of experts based in Hong Kong, responsible for monitoring and analyzing Asia’s balance sheet, structural risks (liquidity, IRRBB & FX), capital, and risk-weighted assets (RWA). We lead various studies to drive vital management’s decision-making and steering of these metrics.

The team has a regional capacity, overseeing more than 10 legal entities across Asia Pacific and works closely with Local entity and CFOs, Asia Treasury, Risk department, business lines and our Head Office to support the effective management of all ALM topics in each location and ensure an alignment of practices across the region.