Capital Planning Expert - eFinancialCareers : Job Details

Responsibilities Description of the Business Line or DepartmentThe Finance Division (DFIN) is in charge of: - Steering the financial and budgetary strategy of the Group, and its investment and development policy; - Measuring and analysing the profitability of the activities portfolio (clients, businesses, geographies) and the use of all resources (overheads, balance sheet, capital, liquidity, etc.); - Certifying Group accounts (accounting quality, valuation methods, orders options, etc., regardless of the production centres, vis-à-vis DFIN, external auditors, regulators, etc.; - Ensuring the necessary support and the right level of expertise on the subjects of accounting standards, audit The UK Treasury ALM department sits within DFIN and is in charge for the GBIS UK entities of: 1- Treasury dealing activities: • Management of Central bank accounts and/or Nostro accounts management for SG Paris and SG London Branch (in GBP, CHF, JPY, AUD, NZD, DKK, NOK, SEK, ISK, CAD, CNH, HKD, SGD and THB) and for Société Generale International Limited (SGIL). • Raise unsecured external funding in the money market through term deposits, issuance of Short-Term notes and Notice Call accounts. Pricing of the external curve • Refinancing of internal business lines and SG group subsidiaries. Pricing of internal curves • Centralizing the excess cash optimization through the FX swap market for the SG Group • Management and steering of liquidity requirements (regulatory or internal) • Management of HQLA liquidity buffer • Management of intraday liquidity • Management of the market risks associated to the activity. • Ensure the SG access to the Sterling Monetary Framework and regular dialog with the Sterling Division of the Bank of England • Hedge of the structural risks • Act as a back up to Paris Treasury for management of EUR and USD and for Euribor contribution 2- ALM activities: • Management of the stress testing framework Liquidity Stress test model design • Document and implement stress test model • Owner of the liquidity stress testing policy • Ensure the secretariat and preparation of ALCO meetings. • Owner of the FTP/CTP • Provide liquidity requirements daily projections to the treasury dealing team. 1- Liquidity framework • The department is owner of the ILAAP process, coordinating the production of the ILAAP document and ILAAP framework. • The department is owner of the Liquidity Contingency Plan (LCP) and organise yearly exercises. • The department is owner of all other policies related to liquidity. • Prepare the interactions with regulators and supervisors. • Prepare the interactions with Excos and Boards • Involvement in any projects with material impact on liquidity 2- Capital Management Activities • Owner of entity Capital Management Framework and Policy • Owner of ICAAP Capital Adequacy Assessment • Capital stress framework and pillar 2B requirements. • Steering entity capital adequacy • Embedding ICAAP activities into BAU 3- Recovery and Resolution Plan • Owner of Recovery and Resolution Plan and organise yearly exercises. This role reports to the SGIL Capital Stress Testing Expert. Summary of the key purposes of the roleThe responsibilities of the capital planning expert are to: Capital Planning Project capital adequacy based on financial and strategic planning budgets. Project capital adequacy on a forward-looking basis under base case and stress scenarios. Formulate, approve and review stress scenarios and impacts on capital adequacy with internal stakeholders Identify drivers of capital adequacy against capital risk appetite metrics. Perform impact analysis on capital adequacy against capital planning actions. Produce accurate and timely internal presentations. Produce detailed documentation to support assumptions, judgements and methodologies used to create forecasting models working with Capital Modelling. Contribute to Capital Adequacy Statement and ICAAP exercises. Ensure adherence to model governance, model controls and EUC standards. Support Recovery and Resolution Plan yearly exercises, for example impact assessment of recovery options and forecast recovery capacity. Capital Budgeting Validate capital requirements under base case and stress scenarios against business plans. Calibrate required internal monitoring metrics and thresholds for risk appetite. Identify and make recommendations where business plans exceed capital risk appetite metrics. Profile required CompetenciesThe role holder should be a prudential regulation or risk professional; a subject matter expert with a breadth of knowledge in both the technical and procedural aspects of capital management; passionate about regulation; and able to operate at a high standard in a highly dynamic environment. Skills and experience requirements include: - Experience in finance or risk department - Experience with prudential regulatory requirements under CRR in the UK - Experience with capital planning and forecasting under ICAAP framework - Experience with counterparty credit risk - Knowledge of balance sheet - Excellent communication, interpersonal, and structured thinking skills, with an ability to operate with minimal oversight. - Sound numerical ability skills; - Analytical skills; - Strong experience programming in VBA , R and Python Why join us People join for the impact they can have on us. They stay for the impact we have on them. A flatter structure offers visibility and exposure beyond that of our competitors, so you know our names, and we know yours. It's personable, human, and inspires success through passion. By encouraging open mindedness and a willingness to share ideas, we have adapted to market changes and thrived through innovation. Bringing words like "hard work" and "dedication" together with "community" and "respect" has enabled us to work collaboratively and build our future together. We call this Team Spirit and it's what makes us different. It's what makes you different. Business insight If you feel you have the required experience and qualifications, then please apply to the SG R