Senior Associate - ALM

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 Credit Agricole Group, the 12th largest banking group worldwide in terms of tier 1 capital (The Banker, July 2021). Nearly 8,600 employees across Europe, the Americas, Asia-Pacific, the Middle East and 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 markets 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/
  

Reference

2022-69242  

Update date

25/05/2022

Job description

Business type

Types of Jobs - Corporate & Investment Banking

Job title

Senior Associate - ALM

Contract type

Permanent Contract

Job summary

 

Job Description

Credit Agricole Corporate and Investment Bank is seeking to fill a senior associate position for its Financial Steering and ALM group in New York. The candidate will hold an undergraduate or graduate degree in business/finance, engineering, or economics. Qualified applicants should have knowledge of credit analysis in commercial and investment banking. An understanding on subject related to ALM, Credit Portfolio Management, Risk Management or Basel regulation is a plus. 

The Associates main responsibilities and tasks consist of: 

(1)   Preparation of Committees material

(2)   Liquidity Risk management framework development in line with regulatory requirements and internal standards

(3)   Daily monitoring of all limits, alert levels and targets (Funding Dashboard)

(4)   Liquidity Balance sheet

(5)   Interest rate risk monitoring

(6)   Follow-up on internal liquidity invoicing process

(7)   Coordination of Cash flow forecasts with FO and HO

Secondary Responsibilities: 

(8)   Support when needed other ALM staff on various topics not limited to:

(9)   Liquidity invoicing management and tool maintenance, including assist front offices on liquidity invoicing rules and costs

(10) Working Capital monitoring and placement

(11) F/X hedges

(12) Medium Long Term liquidity gap management

(13) Commitment of Commitment reports 

The position involves coordination and cross-training with other members of the Financial Steering and ALM team (ALM, PIP, and the Financial Analysis team) in NY and worldwide, as well as NY FO, Risk and IT departments.

The successful candidate must have the ability to work independently, though in a team environment. Our entrepreneurial environment favors those that "think out of the box," are creative, and take "ownership" of projects.

Languages: English, French and Spanish or Portuguese is a plus

Job Duties include but are not limited to:

Support measurement, analysis and controls of ALM-NY perimeter in regard to Cash Flows and Balance Sheet (in terms of asset composition, liquidity and capital ratios), produce Contingency Funding Plan & Liquidity Stress scenarios simulations and forecast with focus on asset composition, interest rate risk (RRT reporting), FX, hedging, liquidity sources, capital consumption, costs, etc. in coordination with Treasurer, Financial Division, IT and Head Office ALM Teams.

 

Management and Reporting

Direct reporting line to the Head of the ALM and Regional Head of Financial Steering and ALM for the Americas

 

Key Internal contacts

Financial Steering and ALM Team in the Americas

Position location

Geographical area

America, United States Of America

City

NEW YORK

Candidate criteria

Minimal education level

Bachelor Degree / BSc Degree or equivalent

Academic qualification / Speciality

Essential

-Bachelor's degree

Desirable

-MBA

Level of minimal experience

3-5 years

Experience

Essential

- 2-3 years of experience

Desirable

-Previous experience in a bank

Required skills

-          Excellent communication skills

-          working knowledge of French is a plus

-          Proven organization and planning proficiency

-          Previous exposure to either of Financial Analysis, Macro Economics, Fixed Income, Risk Management or Banking

-          Strong work ethic