Founded in 1856, Banque Internationale à Luxembourg is the oldest multi-business bank in the Grand Duchy. From its foundation, the BIL has always played an active role in the development of the Luxembourg economy. It currently operates in retail, private and corporate banking, as well as on major capital markets. Employing more than 2 000 people, BIL is present in the financial hotspots that are Luxembourg, Switzerland, and China.
As a major player in Luxembourg's finance industry and as a signatory of the UN Principles of Responsible Banking, BIL is committed to handing over a responsible and sustainable bank to future generations.
Your Mission: As 2nd line of defence, the Market and Liquidity Risk Management department supervises and independently organises the assessment, the monitoring and the reporting of the market and liquidity risks undertaken by the Bank. The balance sheet management and the client flow management activities are under the supervision of the department.
Your Key Responsibilities:
* Monitoring the key liquidity risk indicators;* Participate to various projects (Regulatory and BIL transformation plan);* On demand, support, analyse daily reporting issues and problems solving;* Handling hot topics such as regulatory requirements and specific demands from the management, the supervisor or the auditor;* Participate in the development of Financial Risk Management reporting tools. In view of the current priorities of the department, the Liquidity Risk Analyst will help the team to cope with complex technical environment and various projects.* Produce and analyze liquidity metrics (LCR, NSFR,…), including in a forward-looking perspective;* Develop, calibrate, and implement liquidity stress tests within the framework of the "risk appetite," regulatory exercises (ECB stress tests and SRB requirements), and the Bank's funding plan;* Respond to ad hoc internal (internal audit, Management) or external (external audit, JST) requests;* Conduct the quantitative exercises required by the regulator (EBA, CSSF, SRB);* Initiate a process improvement and optimization approach for liquidity risk indicator calculations;* Promote the advisory mission to the Front Office/Management in order to optimize risk/revenue allocation.
Your Profile: * A master's degree (or equivalent) in Finance or Economics; * Strong IT skills;* A minimum 7 years' experience in the Financial Risk Management or Asset and Liability Management department.Knowledge and expertise* Strong knowledge of financial products/instruments and banking accounting;* Good knowledge of regulatory requirements related to liquidity and funding risks (e.g. COREP Liquidity, liquidity stress testing, ILAAP,…); * Proven ability to implement project solution;* Writing skills - Fluent in French and English.Technical and software skills* Knowledge of Database, SQL;* Knowledge of Kondor+, RiskConfidence is an advantage;* Good understanding on workflow through several IT tools;* Good knowledge in office tools (Excel).Interpersonal skills* Propensity for teamwork and natural willingness to support the stakeholders within the team.* Rigorous, innovative and curious.* Result-oriented mindset striving to deliver on time.
BIL offers a broad range of challenging projects and a huge choice of career paths .We will assist you in finding the one that best meets your skills and expectations. Your personal development is our priority and we greatly encourage you to dive into different business areas for the broadest possible experience.
BIL is firmly of the opinion that diversity & inclusion contribute towards increasing the collective performance of the Bank. We are committed to creating a culture of inclusion that encourages individual development with equal opportunities for all.
NB: The selected candidate will be asked to provide an extract from the criminal record (no.3) as evidence of integrity and justified with regard to the specific needs of the position to be filled. Other documents will be collected, to the extent legally permitted, to perform background checks.
Standort
Banque Internationale à Luxembourg (BIL), Wallendorf