You will join the Asset and Liability Management (ALM) department .
ALM operates within SGIL which offers clearing and execution services to customers. ALM is in charge of managing both liquidity, interest rate and currency risk arising from SGIL activity.
SGIL is a classified as a Limited Investment Firm incorporated in the UK and as such, is regulated by the Financial Conduct Authority.
SGIL does not deal with, or for, Retail Clients (as defined by the 2004/39/EC Directive on markets in financial instruments). SGIL is a Swap Dealer registered with the U.S. Commodity Futures Trading Commission and the National Futures Association.
During your VIE mission you will be in charge of these responsibilities:
• Automate the reports production and propose new monitoring tools.
• Monitor and report ALM indicators (Gaps, sensitivities, etc…) versus granted limits and propose hedging if necessary
• Monitor and analyse funding needs and treasury position by supporting ALM team in the daily Sources and Uses report and Liquidity Stress tests if dedicated members of the team who produce the reports are absent;
• Participate to stress test modelling at the group level
• Provide Management and business partners with ad-hoc liquidity analysis and forecasts;
The VIE assignment in a nutshell
This VIE in London 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 12 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, please see www.civiweb.com .
Graduate with a Master degree from Business/Engineering school or University, majoring in Finance.
You are fluent in English.
You are proficient in Office application.
Knowledge of interest rate risk and liquidity risk management ;
Sound numerical ability skills;
Knowledge of Kondor+ is a plus;
Knowledge of market practices in dealing;
Knowledge of Brokerage activity is a plus
Knowledge of liquidity and market risk metrics.
VBA and/or Python dev skills
Why Join Us
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!
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.
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, sexual or gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.
Job code: 20000KQA
Business unit: SG CIB
Starting date: 01/01/2021
Date of publication: 24/09/2020