Description
London, United Kingdom Permanent contract Finance The responsibilities of the Head of ALM and Liquidity framework are to: · Oversee and organize the ILAAP process with the goal of fulfilling regulatory expectations within imposed deadlines. · Maintain the Liquidity Contingency Plan document and organize the dry run at least every year. · Maintain the Recovery and Resolution Plan document and organize the dry run at least every year. · Ensure the annual review of all the policies owned by the department. · Work in close collaboration with the UK CLO to ensure the appropriate preparation of interactions with regulators, supervisors, Exco and Boards. · Oversee the daily/monthly reporting of the structural risks and liquidity risk of the balance sheet, analyse and explain the ALM indicators (NPV, IRRBB, NIM, GAP…); · Monitor the ALM indicators versus granted limits and propose adequate actions to prevent any limit breached to ensure compliant with the ALM management framework; · Designing model for liquidity stress tests · Contribute to the ICAAP through the capital projection modelling · Review ALM models and indicators limits in annual basis and validation with Head-office; · Be in charge of FTP/CTP methodology definition and calibration to adapt to commercial strategy and in synch with SG Group principles, and participate the pricing committees; · Monitor and analyse funding needs and treasury position, anticipate liquidity capacity by participating to analysis of new investment product and new business models and by realizing simulations. · Be the secretary GBIS UK ALCOs; · Exercise the Capital management, propose capital investment. · Support Treasury activities for liquidity management and ad-hoc ALM related requests · Participate to project work as required for the contribution to SG Group projects or UK centric projects · Keep an updated view on UK regulation requirements and support the business lines in regulatory environment changes or any relevant needs; · UK ALM team management, ensure the team performance by providing leadership, direction, advice and guidance to the team, and maintain staff competence · Strong knowledge of ALM (structural risks and liquidity risk, ALM indicators); · Knowledge of balance sheet modelling; · Knowledge of Treasury (structure, functions, profit planning and growth) and financial product and hedging; · Knowledge of funding (FTP/CTP methodology) and capital management; · Analytical and numerical skills; · Knowledge of PRA, FCA and ECB regulatory framework applicable to structural risks and liquidity risk and the firm’s underlying business (investment bank, securities, private bank); · Knowledge of market practices in dealing and market risk metrics; · Organisation skills · Team management skills; · Team spirit and collaboration, ability to work with different departments (Finance, Risk, Business Units, Markets…) locally in UK and Head-office; · Good written and oral communication skills · Proficient in Microsoft Office tools, including Excel, Word and PowerPoint. People join for the impact they can have on us. They stay for the impact we have on them. A flatter structure offers visibility and exposure beyond that of our competitors, so you know our names, and we know yours. It's personable, human, and inspires success through passion. By encouraging open mindedness and a willingness to share ideas, we have adapted to market changes and thrived through innovation. Bringing words like “hard work” and “dedication” together with “community” and “respect” has enabled us to work collaboratively and build our future together. We call this Team Spirit and it's what makes us different. It's what makes you different. If you feel you have the required experience and qualifications, then please apply to the SG Resourcing Team, and we will manage your application. At Société Générale, we believe our people are our strength and are core to the success of our business. As such, we search for, recruit and appoint the best available person on the basis of aptitude and ability, regardless of sex, marital or civil partnership status, race, colour, nationality, ethnic or national origins, pregnancy, disability, age, sexual orientation, religion, belief or gender identity. 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. 23000WED Group Corporate Functions 2024/01/29 2023/12/12