ALM Treasury Analyst – AVP

Job title: ALM Treasury Analyst – AVP

Job description: MISSION AND OBJECTIVES

ALM Treasury is a Transversal Activity within BNP Paribas Group. ALM Treasury has three operational responsibilities and two prudential mandates. The three operational responsibilities are the management of the Group’s liquidity position, the management of the interest rate risk in the banking book (IRRBB) and the management of the foreign exchange risks. The prudential mandates refer to the liquidity risks linked to the Group’s profile and geographical presence, for which ALM Treasury exercises a responsibility similar to a Group function. ALM Treasury’s mandates consist in assessing the liquidity risks of the Group and protecting the Group’s signature.

ALM Treasury North America (ALMT NA) oversees the Combined US Operations (CUSO) and the Canadian activities of BNP Paribas Group. The CUSO of BNP Paribas includes the US branches and the Intermediate Holding Company of the Group (and its subsidiaries).

MAIN RESPONSIBILITIES

We are recruiting an Analyst to support ALM Treasury teams in steering and executing strategic and transversal projects. The projects can be driven by business decisions, operational efficiency improvements, IT developments, or regulatory requirements, and can be initiated locally or by Head Office. This role will be exposed to all BNP Paribas North America ALM Treasury activities, with a strong emphasis on the retail activities at Bank of the West but also significant interactions with the wholesale teams at BNP Paribas New York.

The ALM Treasury Analyst will steer and assist the ALM Treasury teams in the evolution and adaptation of their operational framework, from drafting business requirements and analyzing impacts, structuring project plans and timelines, to implementing changes, executing end-to-end testing, and rolling out updated policies & procedures. This includes:

New activities, new products, and new organizational set-ups

Continuous framework enhancements and adaptation: leading or contributing to projects related to liquidity and interest rate risk measurement, or fund transfer price invoicing

Improving operational efficiency: process enhancements, automation and innovation

Strengthening the control framework in a stringent regulatory environment

Liaising with San Ramon, New York & Paris teams to take advantage of similarities in processes, set-up, expertise, and ensure objectives are aligned and coordinated

Be a key point of contact within ALM Treasury for partner functions (IT, Operations, Finance, Audit…)

Qualifications

TRAINING AND OCCUPATIONAL EXPERIENCE

Master’s Degree in Business Administration, Finance or Financial Engineering (or other quantitative discipline combined with relevant experience)

5-7 years of relevant experience in the Banking industry with good knowledge of ALM Treasury and Capital Markets activities

Experience with managing business and/or IT projects

Exposure to liquidity and interest rate risk metrics production (LCR, Cash Flow Forecast, Liquidity Stress Test, NII sensitivity, Interest Rate Gap, EVE sensitivity)

Experience with using an ALM software such as Quantitative Risk Management (QRM), SunGard BancWare, Moody’s Analytics, or other similar analytics platforms

ESSENTIAL SPECIFIC REQUIREMENTS

• Outstanding relationship and interpersonal skills

Excellent verbal and written communication

Analytical and problem solving, with a strong sense for processes, analysis, and documentation

Rigorous, pro-active, self-disciplined, self-motivated

Able to manage changing priorities and meet high quality standards in a fast-paced environment

Knowledge of key Interest Rate Risk metrics such as Net Interest Income sensitivity, Economic Value of Equity, Interest Rate Gap

Knowledge of key Liquidity Risk metrics such as Liquidity Stress Testing, Liquidity Coverage Ratio, Net Stable Funding Ratio, Liquidity Gap

Proficiency with Microsoft Excel, Power Point, MS Project. Database and programming skills preferred (knowledge of Oracle, SQL, Business Objects, VBA…)

A recruitment policy that promotes equity and diversity:

Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.

We pride ourselves in applying non-discrimination rules to all our recruitments.

We will only contact the candidates selected who meet the job requirements in terms of training and experience.

About BNP Paribas

BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 73 countries, with more than 195,000 employees, including more than 148,000 in Europe. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.

About BNP Paribas in Canada

In Canada, BNP Paribas is one of the dominant foreign banks in the country and is committed to building its platform even further. Since becoming the operational hub for the Group’s activities in North America in 2013, it has grown significantly to reach more than 700 employees and is expected to continue growing in the coming years. With the continued development of technology and financial fields, BNP Paribas Canada continues to attract experts with diverse backgrounds as well as young and ambitious talent from across the globe. With the international mobility and capacity that very few companies can offer, BNP Paribas prides itself in providing a superior foundation for building a professional career – a place for people to learn, to achieve and grow.

Company: BNP Paribas

Expected salary:

Location: Montreal, QC

Job date: Fri, 04 Jun 2021 06:10:32 GMT