Liquidity Analyst & Collateral

Job description

The Collateral and Liquidity Analyst will report to the Senior Manager Liquidity and Collateral who in turn reports directly to the Group Treasurer. Group Treasury is an essential function within SCOR’s finance organization under the direction of the Group CFO.

 

Contribute to develop and maintain the Collateral and Liquidity management for SCOR SE and its main legal entities by optimizing their liquidity and collateral positions. Analyse at least on a quarterly basis the positions and participate in actions and projects to optimize it. 

 

Letters of Credit is one of the main sources of collateral source used by SCOR entities. Participate in monitoring the Letters of Credit capacity and help the Senior Manager Liquidity to negotiate with banks the set-up of the Letters of Credit facilities. 

 

Support risk management department on Collateral and Liquidity topics for internal risk committees and regulator requests.

Experience: 

·  1 year minimum of experience in Audit/Consulting as well as a background in Cash Management, Treasury, Finance and/or Liquidity Risk, preferably in an international environment.
·  Preferred: Audit/Consulting methods, Industry knowledge of reinsurance business, experience working in global business environment.

 

Personal Competencies:

·  Capable of adaptation and proactive, support change
·  Able to handle and drive projects independently, define and respect deadlines
·  Strong Ability to work on multiple work streams and phases simultaneously
·  Being highly reliable and committed, autonomous and proactive
·  Team player oriented, interacting with people across the company and externally
·  Strong analytical and financial skills, capacity to think out of the box
·  Strong communicator (internal/external), excellent verbal, written and presentation skills

 

Digital Competencies:

·  Proficient in Microsoft Office mainly Excel and Powerpoint. experience with Sharepoint
·  Experience or appetite for data modelling and data visualization (Power Query, Power BI, Tableau)
·  Experience with treasury IT tools, Bloomberg, Swift banking communication can be an advantage
·  Familiarity with SAP modules (including TRM) can be an advantage
·  Interested by Artificial Intelligence capabilities
·  Liquidity and Collateral Planning & Reporting
·  Produce key liquidity reports, including:
·  Monthly “LFA” report
·  Quarterly Liquidity risk section to GRC
·  Monthly Liquidity memo to Group Treasurer
·  Preparation of materials for Treasury Technical Committee, Group Technical Committee and Audit Committee
·  Work with BUs and entities to define their collateral needs and updated forecasts
·  Prepare quarterly reporting on collateral needs and sources 
·  Collateral Management 
·  Participate to actions to reduce collateral and actions to optimize the liquidity
·  Identify and anticipate future Collateral needs (LOC, pledged assets)
·  Define alert levels regarding Collateral requirements (LOC capacity, available assets)
·  Liquidity Risk Management
·  Organize and contribute to Liquidity Risk Analyses, including co-ordination of stress/sensitivity testing 
·  Contribute towards implementing and maintaining the Group Liquidity Risk Framework, including liquidity recovery plans
·  Ensure Liquidity risks are identified, measured, monitored, reported and analyzed on a regular basis
·  Prepare updates to Collateral Management policy, including socialization with Legal Entity and BU teams 
·  Monitor local changes in regulation and financial environment worldwide and impacts on SCOR collateral and liquidity requirements. 
·  Work with Regional/Local Treasurers to improve and optimize liquidity risk management
·  Banking relationships
·  Participate to LOCs capacity negotiation with banks
·  Follow Financial Covenants to be included into LOC Facilities (compliance certificates for Banks)
·  Support with overall management of banking relationships
·  Work in collaboration with the Risk Department
·  Support to Group Treasurer team
·  Actively support wider team in projects and initiatives, particularly where there are Liquidity / collateral dimensions
·  Prepare clear and self explanatory presentations to the attention of senior management