TRAINEE: Valuation and ALM Analyst

RESPONSIBILITIES

Valuation Group:

• Perform IPV and valuation adjustment (Bid-Ask/Uncertainty reserves, IAS...) for market activities, it requires solid technical knowledge and undertansding of financial instruments Pricing.
• Contribution and Preparation of Asia Valuation Committees (analytical review, risky area).
• Process automation (Python) and development of PowerBI dashboard
• Provide ad-hoc expertise and P&L analysis for internal partners 

ALM:

Projects

• Identify eligible processes for automation to streamline metric monitoring and reporting processes and prepare business case to project manager for prioritization.
• Implement dashboards to be used for ALCOs, via tools such as PowerBI/ PowerQuery for the data analytics and visualization of ALM metrics (liquidity, IRRBB, RWA and balance sheet).
• Contribute to Asia IRRBB project to overhaul the feeding and reporting chain, by explaining and coordinating business requirements to project manager. 

Analysis

• Conduct detailed trend and variation analysis on ALM metrics (balance sheet, funding gaps, stressed liquidity gaps and IRRBB NPV sensitivity) of all Asian entities. Work with relevant business owner to understand the consumption and link with the business drivers.
• Review, analyze and explain the Asia’s RWA exposures and variations across business lines, entities and prepare RWA trajectory for steering and financial budgeting process.
• For the second year, the incumbent will be assigned more complicated matters with higher autonomy.

Candidates with outstanding performance will be considered for early conversion to permanent roles.

PROFILE REQUIRED

• Hold a relevant Bachelors or Master's degree in quantitative finance, mathematics or Engineering or similar, with relevant academic exposure to Financial Accounting and Corporate Finance.
• Good understanding of global market activities, trading strategies and product features, derivatives pricing.
• Programming skills (Python...), experience with business analytics / data visualization tools such as PowerBI / Power Query.
• Understanding of data science, Machine learning is a plus.
• Pro-active, rigorous, autonomous, and a strong ability to work under pressure and prioritize multiple deliverables.
• Strong logical thinking, good written and verbal communication skills.
• Fluent English is mandatory.

This is a fixed term 24-12 month Trainee contract with Societe Generale. You will form part of the team on a full time basis. In order to apply for the Trainee position please ensure you have completed your qualification and will be available to work full time for the duration of the Trainee contract.

Behavioral Skills:

Responsibility - Risk awareness: I am constantly on the lookout for risks.

Team Spirit - Collective mindset: I Favour the team’s interest over my own results.

Team Spirit - Open mindset: I listen and share my views and my expertise in an open mode.

Innovation - Technology: I adopt new technologies in the solutions and projects I work on.

Responsibility - Accountability: I make decisions in my scope of responsibilities.

Commitment - Exemplarity: I embody the Group’s values.

What We Offer:

Your life doesn’t revolve around your job. So, find the job that revolves around your life.

The Trainee role is a full time 24-month contract with Societe Generale where you will have access to a diverse range of training materials to help you succeed, covering various aspects of businesses, including but not limited to technical skills, leadership development, communication skills, client service and relationship management. To be eligible, please ensure you have completed your qualification and will be available to work full time for the duration of Trainee contract. 

BUSINESS INSIGHT

Company Description:

Societe Generale is one of the leading European financial services groups. Based on a diversified and integrated banking model, the Group combines financial strength and proven expertise in innovation with a strategy of sustainable growth. Committed to the positive transformations of the world’s societies and economies, Societe Generale seeks to build together with its clients, a better and sustainable future through responsible and innovative financial solutions. Active in the real economy for over 160 years, with a solid position in Europe and connected to the rest of the world, Societe Generale has over 126,000 employees in 65 countries and supports 25 million individual clients, businesses and institutional investors worldwide (figures as of January 2024). We have a presence in 11 locations across Asia Pacific. With our regional headquarters in Hong Kong – a core hub of the worldwide Societe Generale Group – we employ around 2,200 employees in the region. In addition, Societe Generale's Global Solution Centre (SGGSC) in Bangalore and Chennai supports the Group in Asia Pacific and globally with customized business solutions.

Department Description:

Based in Hong Kong, the role is part of APAC finance departments, and functionally part of both Valuation and ALM team. The valuation Group is responsible for design of methodologies and calculation of fair value adjustments for market activities which are IFRS requirement, working closely with trading desks (equity, Fixed Income) and Risk teams. The Asia ALM team in the Finance department, is a team of experts based in Hong Kong, responsible for monitoring and analyzing Asia’s balance sheet, risk-weighted assets (RWA), capital and structural risks (liquidity and IR & FX). We lead various studies to drive vital management’s decision-making and steering of these metrics.