Front Office Trader Asset- and Liability-Management (ALM) M/F

Job description

AIRBUS SAS

Airbus is a global leader in aeronautics, space and related services. In 2018 it generated revenues of € 64 billion and employed a workforce of around 134,000. Airbus offers the most comprehensive range of passenger airliners. Airbus is also a European leader providing tanker, combat, transport and mission aircraft, as well as one of the world's leading space companies. In helicopters, Airbus provides the most efficient civil and military rotorcraft solutions worldwide.

Our people work with passion and determination to make the world a more connected, safer and smarter place. Taking pride in our work, we draw on each other's expertise and experience to achieve excellence. Our diversity and teamwork culture propel us to accomplish the extraordinary - on the ground, in the sky and in space.

Job Description

A vacancy for a Front Office Trader Asset- and Liability Management (m/f) has arisen within Airbus in Toulouse. You will join the Front Office of the Integrated Treasury.

Integrated Treasury is the in-house bank, being in charge of hedging, cash investments as well as corporate funding. The Dealing Room within Integrated Treasury manages a portfolio of USD 80bn foreign exchange derivatives, EUR 6bn interest rate derivatives, between EUR 15-20bn treasury investments as well as smaller transactions in selected commodities.

You will perform your work in a truly international environment (Banks, Treasury Team and internal clients).

Your main tasks and responsibilities will include:

·  Follow development of financial markets and derive appropriate strategies to benefit from/mitigate impacts from market events
·  Manage the Asset- and Liability position of the group by ensuring daily liquidity and appropriate interest rate risk management
·  Manage the liquidity risk of the group by providing appropriate cash forecast and investing in money market instruments.
·  Manage the long term investments (bonds) of the group (duration and credit risk strategy)
·  Further implementation of asset liability management tools including acquisition of treasury investments
·  Preparation of the Asset- and Liability Committee (ALCO) including a proposal of a long term asset allocation, optimization of interest result and proposed hedging strategy for the asset and liability position (ALM)
·  Annual review of the investment strategy and guidelines
·  Conducting own asset allocation analysis to further improve future strategic asset allocation
·  Manage both projects on ALM as well as other (IT) projects within the dealing room (including preparation of request for proposals to main stakeholders)
·  Explore and implement solutions for electronic trading in ALM (e.g. electronic bond trading)
·  Review and improve processes within ALM (trading, monitoring, etc.). Ensure compliance with audit rules, ethic & compliance standards; strengthen the digitalization of processes (integration of spread sheets to treasury management system, management reporting, preparation of committees, workflow and process improvement)
·  Support dealing room on FX hedging and commercial tenders

You will have the following skills and experience:

·  Educated to a Master degree level in Finance
·  At least 3 years of experience within a treasury of a major corporate, bank, asset manager, treasury consultant or IT project management
·  Profound knowledge of interest rate risk management, credit risk, corporate bond risk analysis, FX risk, money market instruments and pricing of common derivatives is mandatory
·  Practice of pricing/risk management software as well as a good knowledge about hedge accounting, effectiveness tests is required
·  Business project management especially on IT issues (good knowledge of IT systems, treasury management tools, processes)
·  A good basis in quantitative skills, counter party risk assessment of derivative portfolios and the consequences on the pricing of hedges (Credit Valuation Adjustment, Value-at-Risk, and Expected Exposure) are important
·  High degree of flexibility to facilitate a great variety of requests in parallel and ability to work under time pressure
·  Team spirit, ability to transfer knowledge, ability to work autonomously, strong communication skills required

Language skills: Negotiation level of English

This job requires an awareness of any potential compliance risks and a commitment to act with integrity, as the foundation for the Company’s success, reputation and sustainable growth.

By submitting your CV or application you are consenting to Airbus using and storing information about you for monitoring purposes relating to your application or future employment. This information will only be used by Airbus.
Airbus is committed to achieving workforce diversity and creating an inclusive working environment. We welcome all applications irrespective of social and cultural background, age, gender, disability, sexual orientation or religious belief.