Treasury Analyst
Publiée le 12/04/2024
Bank Pictet & Cie (Europe) AG, succursale de Luxembourg
Pictet is an investment-led service company, offering wealth management, asset management and related services. We are a partnership of eight owner managers and our principles of succession and transmission of ownership have remained unchanged since founding in 1805.
Our purpose is to build responsible partnerships with our clients, communities, and the companies in which we invest, in order to safeguard and transmit wealth, of all kinds, in the service of the real economy.
With more than CHF 612 billion in assets under management or custody at 31 December 2022, Pictet is today one of the leading Europe-based independent wealth and asset managers.
The Group is headquartered in Geneva, where its activities began, and employs more than 5000 employees. With 30 offices, it is also present in Amsterdam, Basel, Barcelona, Brussels, Dubai, Frankfurt, Hong Kong, Lausanne, London, Luxembourg, Madrid, Milan, Monaco, Montreal, Munich, Nassau, Osaka, Paris, Rome, Shanghai, Singapore, Stuttgart, Taipei, Tel-Aviv, Tokyo, Turin, Verona, Shanghai, New York and Zurich.
Your team
The Pictet Group is one of the world’s leading independent wealth and asset managers. Founded in 1805 and headquartered in Geneva, Switzerland, the Group is represented at 30 offices in financial centres worldwide, and currently employs over 5200 people. Pictet has been present since 1989 in Luxembourg, where it employs over 700 people.
Corporate Functions includes the Group’s non-banking activities and employs more than 600 people. These functions are carried out by specialists with expertise across all business units, and include Communications, Compliance, Finance, Human Resources, Information Security, Internal Audit, Legal, Organisation & Digital, Risk and Tax departments.
The Treasury team is part of the Finance Department and the Corporate Functions Division. Treasury is the first line of defence for the management of liquidity risk, funding risk and interest-rate risk in the banking book (IRRBB). It is responsible in particular for the investments in high-quality liquid assets (HQLA) as well as cash management across currencies and legal entities.
We are seeking a Treasury Analyst to assist the Treasury team in the ongoing monitoring and management of the Bank’s balance sheet.
Your role
- Analysing all relevant treasury risks in a quantitative and qualitative fashion and providing comprehensive, regular and ad hoc analysis and reporting on these risks. Actively working to conceptualise, develop and optimise quantitative risk analysis models.
- The main areas of focus are liquidity risk, interest-rate risk, risk in the treasury investment portfolio and collateral management.
- Developing and optimising models for risk simulation. Conceptualising new ways of analysing treasury risks and developing prototype models for that purpose.
- Monitoring the treasury investment portfolio; providing reporting on adherence to and compliance with the limits imposed.
- Monitoring and managing collateral positions and requirements for securities pledging, repurchase agreements and central bank access.
- Being a key contributor to the Treasury reports and especially to the annual ILAAP
- Keeping abreast of developments relating to treasury management (liquidity and IRRBB regulations, best practice, hot topics,…). Identifying needs for adapting treasury risk management (concepts, tools and models) arising from such developments.
- Working closely with the team to develop coverage capabilities with the execution of trades on the market (Repo, FX Swaps, OIS, Bonds, etc.) as well as with internal counterparts (Lombard refinancing, deposits, etc.).
Your profile
- Education/background in a technical discipline (mathematics, physics, engineering, IT, etc.) or economics/finance/banking with in-depth technical, analytical and IT knowledge.
- Three to five years’ experience in a treasury-related role would be a plus.
- Knowledge of banking and asset/liability management concepts and money/fixed income markets would be a plus.
- A keen interest in finance and financial markets is a must.
- Very good analytical skills and conceptual thinking as well as programming skills in state-of-the-art programming languages.
- Good command of standard office applications (Excel and PowerPoint).
- Excellent command of French and English.
- Detail & results oriented
- Pragmatism & strategic thinking.
As the successful applicant you will start your career with the ambition to develop in a growing, technically sophisticated and challenging environment in finance and banking.
You will also have an enquiring mind and be innovative in your approach to your work, as well as being able to easily identify, analyse and solve complex problems.
Note
We will not accept any CVs from agencies.
In accordance with the provisions of the Luxembourg law of 23 July 2016 amending the law of 29 March 2013, candidates may be required to provide an extract from their criminal record. This document, issued by the authorities, must not be older than three months. Such a document will be requested with the aim of carrying out a character check on candidates, bearing in mind the area of activity of our establishment and, more particularly, the tasks described in the job description.
Flexible and modern ways of working
As a responsible and supportive employer, we promote the well-being of our employees through a set of flexible working arrangements, ranging from a work-from-home policy for eligible functions to opportunities for annualised part-time leave and extended parental leave.
Diversity & Inclusion
Pictet is an equal opportunity employer and is committed to creating a diverse environment. We respect all individuals and seek their inclusion in the workplace.
