V.I.E. Capital & Liquidity Specialist

DFIN/ALM (Asset Liability Management) is responsible for managing all structural risks (liquidity, interest rate risk, FX risk) on the Combined US Organization balance sheet for Societe Generale in compliance with US regulatory guidelines. Responsibilities include daily management of liquidity and forecasting potential liquidity needs based on business line projections and money market desk activity, building and maintaining a contingency funding plan for the US, monitoring US liquidity buffers and associated cost of carry, managing and hedging interest rate risk, interfacing with the second line (liquidity risk department), the third line (internal audit), and the regulators on liquidity and IRR management topics.

Key Duties/Responsibilities

• Liquidity Monitoring / Analysis:
  • Producing monthly and quarterly analysis on liquidity buffer cost and cash-flow forecast backtesting
  • Assisting in any ad-hoc analysis requests that relate to the liquidity reports
  • Interacting frequently with liquidity production team, liquidity risk team and business heads
  • Assisting in monitoring variances in liquidity position through daily reports and funding calls
• Interest Rate Risk in Banking Book Monitoring/Analysis (IRRBB):
  • Analyze monthly interest rate risk in the banking book (IRRBB) sensitivities from earnings and economic value perspectives
  • Produce quarterly backtesting on net interest margin. 
• Balance Sheet Monitoring/Analysis:
  • Produce monthly net due to due from report
  • Monitor SGFC/SGMFC balance sheet quarterly
  • Monitor FRY15 KRI exposure monthly 
• Other responsibilities include, but are not limited to:
  • Helping to automate manual reports in Excel (knowledge of VBA is a plus)
  • Following up with data enhancements and system projects
  • Performing User Acceptance Testing (UAT) on data enhancements, projects, and models
  • Assisting the team in internal audit reviews and responding to questions from regulators                                                 

A questionnaire will be provided to you in order to check your VIE (Société Générale and Business France) eligibility. For an efficient analysis of your application, please make sure to truthfully answer all the questions.

Please note that for the missions outside the European countries, a VISA is necessary. Please make sure your passport is valid up to 6 months after the end of the VIE contract to not delay your departure. Otherwise, we strongly advise you to launch asap the renewal of your passport.

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.

Studies & experience:

• Graduate with a Master degree from Business with emphasis on economics, finance, and/or accounting preferred
• Knowledge of financial products (derivatives, equity and fixed income securities, structured products, commercial papers, etc.)

Language skills:

• Fluent in English

Technical, operational & Soft skills:

• Ability to analyze and manipulate large datasets
• Able to organize work efficiently and to work self-sufficiently
• High proficiency with Microsoft Office tools (Excel, Word, Power Point)
• Strong Excel skills (VLOOKUP, pivot tables, etc.), knowledge of VBA/python/Alteryx a plus
• Strong problem-solving and analytical skills
• Experience with regulatory reporting or audit a plus, but not necessary

The VIE assignment in a nutshell

This VIE in Montreal 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 24 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.

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.

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.