Asset Liability Management - Singapore - BNP Paribas

BNP Paribas

Verified Company

Singapore

4 weeks ago

Posted by:

Wei Jie

beBee Recruiter

Description

In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860.

Currently with over 18,000 employees* and a presence in 13 markets, BNP Paribas provides corporates, institutional and private investors with product and service solutions tailored to their specific needs.

It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships.

Worldwide, BNP Paribas has a presence in 68 markets with more than 193,000 employees.

It 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.

Asia Pacific is a key strategic region for BNP Paribas and it continues to develop its franchise in the region.

- excluding partnerships

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work.

We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc.

As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.

POSITION PURPOSE:

A Subject Matter Expert function on ALMT Business (Asset Liability Management & Treasury.) located Onshore in Singapore, within P&L to guarantee the timely and accuracy delivery of P&L on a daily basis by Offshore & support the business in every locations.

On top of there will be project handling. (like LIBOR, harmonization of practices within locations)

Considering the recent nearshore / offshore initiatives, it has become more important to define transversal roles serving as an oversight, reinforcing best practices across locations and acting as point of escalation to resolve any issue or concern as soon as possible.

The person will report directly to the Asia of P&L & Valuation for Global Markets.

Responsibilities

Direct Responsibilities
Providing daily support to and monitoring the daily and End-Of-Month P&L deliveries, including Official P&L, Step reval and Risk-Based P&L explains

Coordinating efforts required from P&L Production to answer queries received from P&L Management, Management Controls or other stakeholders

- from first 2 points, to put in implement concretely the governance SME/ ISPL in collaboration with

SG management & ISPL

Supervision of a second SME for ALMT.
Acting as Point of escalation for P&L production supervisors as well as key stakeholders (e.g. Business, Finance, Risk)
Preparing and organizing trainings for ISPL whenever needed: Recurrent issues/ incidents/ Risk awareness session
Being involved as expert for projects affecting global Markets business lines, participating in testing and validation of changes
Facilitating the implementation of additional controls on the back of audit or regulatory requirements
Participating to the maintenance, review and prioritization of issue resolutions affecting P&L batches.
Communicate on a weekly on your workload and pain points.

Contributing Responsibilities

TECHNICAL & BEHAVIORAL COMPETENCIES:

Good understanding of ALMT Business ( minimum 4 years on this Business as a P&L analyst or Risk analyst)
Good understanding of Pricing/ Profit & Loss methodology
Open to the others, ability to influence, good communications skills

SPECIFIC QUALIFICATIONS (IF REQUIRED):

Material prior experience working in some control function within an investment bank in an international environment, including the management of managers or sizeable teams
A Bachelor degree in Finance, Business, Economics or hard science
A Master's degree in Finance, Business, Economics or hard science would be a plus
Good experience in project management as, in some instance, the person will be requested to take part in projects would be a plus
Indepth knowledge / understanding of financial instruments as well as FronttoBack chains
Good theoretical knowledge of derivative pricing
Working experience with P&L explains (Step Revaluation as well as Risk Based Explains) and good knowledge / understanding of risk factors (the "Greeks")
Good written and oral communication skills
Control oriented mindset
Excellent Excel, Word and PowerPoint skills

PRIMARY LOCATION

SG-06-Singapore
**JOB TYPE