The Global Finance Division (GLFI) at SGCIB 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 & energy finance.
Within the Scarce Resources Group (GLFI/SCR), the Asset Liability Manager will be responsible for overseeing an ALM team in charge of managing the liquidity and structural risks of our financing activities in the AME region.
Besides managing the pricing/monitoring operations booked in SG's Americas Region, this individual will be collaborating closely with his/her counterparts on the GLFI/SCR/ALM Team in Paris, as the ALM model risk is managed globally.
Pricing of Internal Liquidity Cost at Deal Origination:
Based on deal origination information, determine the necessary DFIN/GTR liquidity/interest rate hedge and originator liquidity cost using GLFI/SCR-developed models (liquidity and interest rate flow)
Work with deal originators to identify all inherent deal uncertainties related to financing (closing delay, drawing options) to best define hedging strategies that respect the deal uncertainty sensitivity
Micro-hedge the GLFI/SCR/ALM portfolio to eliminate liquidity/interest rate gaps and to guarantee business line net deal margin
Ongoing Asset and Liability Management:
Hedge the GLFI/SCR/ALM portfolio's cash position in all available currencies
Monitor the GLFI/SCR/ALM portfolio's long-term gaps and market risk limits
If required, hedge any market risk limit breach
Report the GLFI/SCR/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:
Continuous monitoring of all local funding ratios (LCR, NSFR, internal stress) based on assets booked in the Americas region
Following up on required accounting and regulatory reporting
Internal Client Management:
Internal Team Collaboration:
Minimum B.A. in relevant area (Quantitative Finance, mathematics, economics, engineering, etc.) is required. An advanced degree and/or CFA Designation is a plus.
Minimum three years of financing activity and/or Asset and Liability management experience
Ability to collaborate with local internal Business Line partners, as well as with ALM team in Paris
Strong communication/presentation skills
Familiar with MtM interest rate products
Strong knowledge of/ability to communicate ALM principles
Strong Excel skills are required. Database, mathematical, and/or statistical programming skills are a plus.
Prior experience working in an international institution is preferred
Candidate must have strong knowledge of US regulatory environment
Fluent in English, French would be a plus
Able to successfully negotiate possible commercial disputes