Requirements: English
Company: Banque Internationale Luxembourg (BIL)
Region: Luxembourg City , Luxembourg District
Founded in 1856, Banque Internationale 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.
We are seeking a skilled Asset & Liability Management (ALM) analyst to join the Balance Sheet Management team (ALM, Treasury & FX, Long-Term Funding, Investment Portfolio & Derivatives, Cash Collection desks). The ALM Analyst will play a central role in managing and optimizing our organization''s balance sheet by assessing and mitigating risks associated with assets and liabilities. You will collaborate with cross-functional teams, including all Balance Sheet Management desks, Finance, Risk Management and Business Units, to implement ALM strategies and initiatives. This position requires strong analytical skills, attention to detail, and the ability to collaborate effectively with various stakeholders.
Your next challenge:
- ALM analysis: conduct in-depth analysis of the organization''s assets and liabilities to identify potential risks, opportunities, and trends.
- Risk assessment: evaluate interest rate, liquidity, funding, credit spread risk and other financial risks associated with the balance sheet, and develop strategies to mitigate these risks.
- Modeling and forecasting: develop and maintain financial models to forecast cash flows, interest rate scenarios, and balance sheet performance under various market conditions. Support the methodological review of the Fund Transfer Pricing framework. Assisting in annual forecast and budget processes.
- Scenario analysis and stress testing: perform scenario analysis to assess the impact of changes in interest rates, economic conditions, and regulatory requirements on the organization''s balance sheet. Design and execute stress tests to evaluate the resilience of the balance sheet and identify potential areas of vulnerability.
- Reporting and presentation: prepare comprehensive reports and presentations to communicate ALM analysis findings, recommendations, and strategies to senior management and key stakeholders.
- Ad-hoc analysis: conduct ad-hoc analysis and special projects as required by senior management and regulatory authorities. Support process improvement initiatives for the Balance Sheet Management Department.
Your skills:
- A master''s degree with a focus on finance, economics, mathematics, or related field. Advanced degree (e.g., FRM, CFA) is a plus.
- Proven experience (5 years) in asset and liability management, treasury, risk management, or financial analysis within a financial institution or corporate environment.
- Strong understanding of financial markets, products, and instruments, including fixed income securities and interest rate derivatives.
- Proficiency in financial modeling, quantitative analysis and/or statistical techniques.
Ability to work independently and collaboratively in a fast-paced, dynamic environment.
- Proficiency in financial software and tools such as Bloomberg and/or Moody''s Analytics solutions is a plus but not a prerequisite.
- Proficiency in data management tools (e.g. Python, SQL, Dataiku).
- Familiarity with regulatory requirements and frameworks governing asset and liability management.
- Fluency in English and French.
- Positive attitude.
- Growth mindset, eager to learn, to develop and to share.
- Interest in financial markets.
- Analytical profile, rigorous and well-organized.
- Ability to structure cases and move them forward.
- Innovative and creative, able to conceptualize.
- Results-oriented 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 encour