Assistant Liquidity Risk Manager

il y a 2 semaines


Luxembourg Bank of China Luxembourg Temps plein

**Company Description**
As a Luxembourg-incorporated bank since 1979, together with the global presence of Bank of China Group, Bank of China Luxembourg has been successfully operating and continually developing its business over the years, and has contributed to the local and worldwide economic and social development. With 45 years of expertise and experience in the European markets, Bank of China Luxembourg extended its roots from Luxembourg to other European countries by setting up various branches in the Netherlands, Belgium, Poland, Sweden, Portugal, Greece and Ireland.

Taking into account the wide regional coverage across Europe and to further unify the brand image, in 2022, Bank of China Luxembourg changed its name to Bank of China Europe, together with the 7 cross border branches across Europe. In that same year, BOC Europe became the sole shareholder of Bank of China (Central and Eastern Europe) and Bank of China Serbia.

After years of remarkable efforts, the Intermediate Parent Undertaking (IPU) is established and BOC Europe will play an important role as the overseas headquarters in Europe, managing itself and regions covering 13 countries and 15 institutions, through integrated management and regional integration.

Bank of China Europe adheres to the guidance of BOC Group and continues to grow and expand its business coverage across the world, offering comprehensive business solutions to its clients worldwide with its globalized operations and diversified platforms.

Comprising of an international workforce with a multicultural background of 30 different countries and regions with over 600 employees, with common objectives and a strong brand name that is widely recognized within the financial sector and across various industries, Bank of China Europe is continuously focusing on promoting high-quality development.

**_
Job purpose: _**

As part of Risk Management Department, the Market & Liquidity Risk team is responsible for assessing and monitoring the financial risks such as:

- Interest Rate Risk in the Banking Book (IRRBB) and Credit Spread Risk in the Banking Book (CSRBB);
- Liquidity Risk (2rd Line of Defence) ;
- Market Risk in Trading Book;
- Counterparty credit risk;
The team leads also the transversal projects:

- Transversal projects such as IC(L)AAP, Pillar III report and Recovery Plan;
- Stress testing program;
- Climate & Environment risk (to be extended to ESG risk) assessment for the purpose of stress testing and Pillar II capital requirement;
- Upcoming CRD VI and CRR III implementation and coordination;
- IPU entities coordination and inspection;

**_
Your responsibilities within the team will be:_**
- Ensure the role of 2rd line of defence in Bank’s liquidity risk management: Design liquidity risk framework, Evaluate adequacy of liquidity risk indicators, participate to liquidity stress test and liquidity contingency funding plan;
- Conduct materiality assessment in liquidity risk;
- Prepare Bank’s ILAAP report;
- Contribute to IRRBB/CSRBB implementation project within the Bank;
- Integration of CR&E risk into liquidity and IRRBB risk framework.

**Qualifications**
**_
Profile (Technical Skills):_**
- Master degree in Economics, Banking, Finance or related field, a professional certificate such as FRM or (and) SCR is a plus;
- Good knowledge of a programming language is a significant plus (Python, SQL etc.)
- Strong understanding of financial instruments and market;
- 3-year working experience or above

**_ Profile (Soft Skills):_**
- Good knowledge on data analysis;
- Proactive attitude and team player;
- Fluent in English and Chinese language skill is a plus.

This position is based in Luxembourg and open with immediate effect. Should the above mentioned criteria match your expectations, please do not hesitate to send your English CV by Smart Recruiters.



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