Trainee, Financial Steering & ALM (One Year Contract)

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

2025-99713  

Update date

22/04/2025

Job description

Business type

Types of Jobs - Finance / Accounting

Job title

Trainee, Financial Steering & ALM (One Year Contract)

Contract type

Internship/Trainee

Term (in months)

12

Management position

No

Job summary

The trainee will join the Asia Pacific (APAC) ALM & Strategic Management Control (SMC) team, which is part of the regional finance team based in Hong Kong. The ALM & SMC APAC team is covering the entities of the Bank in APAC, when it comes to:

  • Asset Liability Management (ALM) including management of liquidity risk, interest rate risk foreign exchange risk, capital management, etc.
  • Performance monitoring including transactions’ profitability computation, franchise/portfolio profitability analysis etc.
  • Management control function including Expenses, Headcount analysis
  • Fund Transfer Pricing, defining liquidity costs/remuneration for local currencies
  • Financial steering, ensuring that scarce resources of the Bank are efficiently used

The ideal candidate should complete the graduation requirements and is available to start the position from May 2025. Trainee program is one year to begin with and possible for extension up to 2 years in total, subject to performance and business needs.

 

Key Responsibilities

 

Performance monitoring: work with the Business Lines during the origination process, validate the profitability computation for new loans. Ensure consistent approach in profitability computation in particular for derogatory pricing, maintaining a database of historical derogatory pricing. Contribute to ex-post profitability analysis prepared by the team for senior management.

Financial steering: support senior team members in monitoring the usage of scarce resource within APAC (Capital, Liquidity, RWA, Balance-sheet size etc.), developing metrics and regular ad hoc analyses to identify APAC P&L drivers, and levers for profitability improvements. Monitor forecast landing vs. budget, for all metrics followed by team (NBI, RWA, profitability etc.). Track the economic benefits expected from scarce resource allocation. Support senior team members on regional budget preparation


Asset & Liability Management (ALM): produce all ALM related indicators used by team to monitor ALM risks, including presentation material used for the monthly regional Liquidity Risk Committee. Ensure that the team APAC regulatory mapping is exhaustive and up-to-date at any point in time. Perform ad hoc analysis on any hot topic as requested by senior team members.

Project management / change management: Identify, propose and implement process and tools improvement to lower the production workload of the team:

  • Identify areas for improvement
  • Propose alternative approach/tools/processes
  • Pitch solution to obtain resources
  • Implement changes in project mode (formalization of objectives, planning follow-up, stakeholders update etc.)

 

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 with less than 12 months of full time experience

Level of minimal experience

0-2 years

Experience

Relevant Internship experience preferred, candidates with Big 4 or consulting firm experiences is also appreciated

Required skills

  • Strong analytical, communication and presentation skills
  • A proactive learner and self-starter and be autonomous in the tasks allocated to her/him

Technical skills required

  • Advanced Word, PowerPoint and Excel user.

  • Knowledge in coding language (or more) is required and data visualization software (Power BI, Tableau, etc.) is a plus

Languages

Proficient in English (oral and writing) and Chinese (Cantonese and/or Mandarin) is a plus