Vice President - Treasury/Asset and Liability Management

Permanent contract|New York|Corporate & Investment banking

Vice President - Treasury/Asset and Liability Management

New York, United States Permanent contract Corporate & Investment banking

Responsibilities

Pricing of Internal Liquidity Cost Pre-Closing and Micro-Hedging at 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
  • Micro-hedge the deal at closing to eliminate liquidity gaps and guarantee the deal’s net margin for the business line

Ongoing Asset and Liability Management:

  • Macro-hedge the GLBA/BMO/ALM global portfolio’s cash position in all available currencies
  • Monitor the GLBA/BMO/ALM portfolio’s long-term gaps and market risk limits. If required, hedge any market risk limit breach
  • 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

Ongoing Monitoring and Reporting:

  • Monitor local funding ratios based on assets booked in the Americas region
  • Follow-up on required accounting and regulatory reporting

Internal Client Management:

  • Origination (GLBA)
  • Finance Department (DFIN)
  • Operations (GBSU)

Internal Team Collaboration:

  • GLBA/BMO/ALM team in Paris
  • GLBA/CRE/MOD team in Paris
  • GLBA/BMO/AME

Profile required

General:

  • Minimum B.A. in a relevant area (e.g., quantitative finance, mathematics, economics, finance) is required
  • An advanced degree and/or CFA designation is a plus
  • Minimum of three years of financing activity and/or Asset and Liability management experience is preferred
  • Ability to collaborate with local internal Business Line partners and ALM team in Paris, and be proactive to solve issues when needed
  • Strong communication skills are required
  • Attention to detail is required

Technical Skills & Knowledge:

  • Familiarity with interest rate products and MtM concept/calculation is required
  • Strong knowledge of/ability to communicate ALM principles are required
  • Strong analytical skills as well as Excel skills are required
  • Strong operational skills and willingness to work across multiple systems are required
  • Database, mathematical, and/or statistical programming skills are a plus
  • Fluent in English, French is a plus
  • Able to successfully negotiate possible commercial disputes

Business insight

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 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.

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: 22000OUS
Entity: SG AMERICAS OPERATIONAL SECURITIES
Starting date: 2022/10/03
Publication date: 2022/09/23
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