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Moteur de recherche d'offres d'emploi Crédit Agricole CIB

Associate, Regional Asset and Liability Management**


Vacancy details

General information

Entity

About Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB)

Crédit Agricole CIB is the corporate and investment banking arm of Crédit Agricole Group, the 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 2022).
8,600 employees in more than 30 countries across Europe, the Americas, Asia-Pacific, the Middle-East and North Africa, support the Bank's clients, meeting their financial needs throughout the world.
Crédit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital market activities, investment banking, structured finance, commercial banking and international trade.
The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.


For more information, please visit www.ca-cib.com

Twitter: https://twitter.com/ca_cib
LinkedIn: https://www.linkedin.com/company/credit-agricole-cib/

By working every day in the interest of society, we are a group committed to diversity and inclusion. All our positions are open to people with disabilities.   

Reference

2024-90280  

Update date

17/06/2024

Job description

Business type

Types of Jobs - Finance / Accounting

Job title

Associate, Regional Asset and Liability Management**

Contract type

Permanent Contract

Job summary

**This position will be under the Employee Referral Program in Hong Kong.

Summary

As a member of the ALM and steering (PIL) team for Asia Pacific (APAC) region, with a specific focus on Asset and Liability Management (ALM), you are expected to handle the following tasks:

  • support APAC CFOs / FIN teams on financial management from raising liquidity, capital, reviewing balance-sheet to identify ways to optimize it with stakeholders, while ensuring a strict abidance by CACIB ALM principles
  • design and update Fund Transfer Policy (FTP) for local currencies
  • support APAC CFOs / FIN teams in addressing ALM-related requests coming from regulators
  • issue ALM opinion for new products / processes (NAP) and entities’ strategy review (CSP)

Contribute to financial performance analyses prepared by the team and shared with all senior managers in the region.

Become the key expert and contact for all PIL related topics on a selection of countries within APAC.

Key Responsibilities
 

Asset and Liability Management

  • Monitor and consolidate ALM risks (Liquidity, rate, FX, Capital, etc.), including compliance with local ALM-related regulation, and abidance by CACIB ALM principles
  • Propose and implement ALM risks hedges in conjunction with FIN / EXM, ensuring the best usage of scarce resources, analyzing the cost/benefit of managing liquidity gaps and capitalization level, referring to the ALM P&L impact as well as to entities / franchise’s profitability
  • Provide ad-hoc analysis and support on any APAC ALM topics raised by local entities or PIL Head Office
  • Prepare all relevant ALM materials and communication notably the monthly regional Liquidity Risk Committee and/or ALM Committee (ALCO)
  • Proactively engage Head Office stakeholders (through formal and informal calls etc.) to keep up with PIL Head Office evolution regarding ALM principles and best practices, and keep PIL Head Office informed of relevant ALM developments in the APAC region
  • Produce FIN / ALM opinion in relation to the NAP process workflow

Fund Transfer Pricing (FTP):

  • Have an exhaustive and up-to-date knowledge of Head Office FTP methodologies, policies and tools
  • Design/update/review APAC-specific FTP policies (INR, TWD, CNY, KRW) with local stakeholders (including transition to risk-free rates (RFR) as part of benchmark reform/migration)
  • Monitor the Liquidity invoicing/costs component of the ALM PNL for each APAC location explaining any divergence with budget


Draft the Finance Opinion for Asia countries CSP in conjunction with PIL Head Office Coordination team

Contribute to the team monitoring of the region’s financial performance for all PIL-related metrics (NBI, RWA, EVA, PI etc.), developing metrics and regular ad hoc analyses to identify APAC P&L drivers, and levers for profitability improvements

Identify, propose and implement process and tools improvement to lower the production workload of the team, foster innovation culture in the team and within FIN

 

 

Supplementary Information

Credit Agricole CIB Hong Kong is the headquarter of the Bank’s regional operations in Asia Pacific. The group offers a complete range of capital markets, structured finance, investment banking, corporate banking, research, debt optimisation and advisory services to a selected clientele in the different countries of the region, mainly comprising large local companies, multinationals, financial institutions and banks.

 

Personal data provided by job applicants will be used strictly in accordance with the employer’s personal data policies, a copy of which will be provided immediately upon request.


La version française est disponible sur demande à votre RH locale

Position location

Geographical area

Asia, Hong Kong

City

HONG KONG

Candidate criteria

Minimal education level

Bachelor Degree / BSc Degree or equivalent

Academic qualification / Speciality

Bachelor or Master’s graduate in Finance and/or IT and/or engineering

Level of minimal experience

3-5 years

Experience

3 to 5 years’ work experience in Treasury/ALM/Finance and/or business management/audit/consulting role, within Banking or Corporate Finance or Audit/Consulting

Required skills

  • Strong communication skills to support interactions with large number of stakeholders including senior management (CFO, COO, SCO/CEO)
  • A proactive learner and self-starter who can show initiative, be a force of proposal

Technical skills required

  • Must be familiar with Word, PowerPoint and advanced Excel user
  • Knowledge of one coding language (or more) and/or knowledge of data visualization software (Power BI, Tableau, etc.) or willingness to learn

Languages

Must be proficient in English (oral and writing). Cantonese / Mandarin / French a plus