Senior Treasurer

Job Description:
PURPOSE OF ROLE & EMPLOYING ENTITY DESCRIPTION

Rakuten Europe Bank S.A. started operating as a bank in 2016. Prior to that it was known as Rakuten Payment Services S.A. a Payment Institution intermediating payments between the consumers and the merchants on the Rakuten's European e-commerce platforms. Rakuten Europe Bank S.A. is situated in the very heart of the city of Luxembourg and will soon be offering a range of banking products. We have a great team in Luxembourg with people from all over Europe and beyond - 16 countries and growing

Specifically, the Senior Treasurer & ALM analyst will support the Chief Financial Officer (CFO) in day-to-day cash and liquidity management, investment activity analysis, modelling & forecasting, reporting, asset and liability management and REB funding planning in line with best practices and the Bank strategy.

RESPONSIBILITIES & DUTIES
- Treasury activities:

- Instruct various treasury operations (liquidity, FX netting, limits etc.)
- Support accounting team in relevant treasury bookings.
- Monitor treasury related limits and minimise risks in accordance with existing policies and procedures.
- Ownership and instigator or the Treasury function. Identify, develop and execute new investment opportunities relevant to the Bank.
- Lead the development of an appropriate investment strategy meeting the Bank objectives and its risk appetite.
- Optimize the liquidity management, ALM, and capital planning strategies in accordance with REB's corporate development plans, and multiple regulatory frameworks including Basel III
- Assets & Liabilities Management (“ALM”) project:

- Contribute to the establishment of the ALM office set-up project by acting as the business analyst for the project. Act as eventual ALM officer once project enters Go Live.
- Contribute to the different phases of the project: Design specifications, Plan delivery with project manager, Test solution (UAT).
- Own risk modelling of various inflows/outflows based on scenarios. This will include in particular liquidity risk (“LIQR”), Interest rate risk (“IRR”) and foreign exchange risk (“FXR”).
- Lead the development of adequate improvements to enable robust management of static gaps, IRR gaps, repricing gaps, maturity gaps etc.
- Specify the development of ALM reports so as to monitor compliance with diverse internal/external limits (capital ratio, leverage ratio, NSFR, IC/LAAP, RRP etc.) for the various forecast scenarios.
- Own eventually the ALM/IRRBB/TMS solution to be implemented and overall ALM office function.
- Regular reporting and forecasting activities:

- Own daily liquidity dashboard oversight (automation, improvements etc.)
- Transition from Risk to progressively own the quarterly Interest rate risk on the Banking book reporting (“IRRBB”) calculations.
- More generally, monitor and report on the results, forecasts, and dynamics of liquidity management, ALM, and capital planning, by designing and creating comprehensive liquidity, ALM, and capital allocation dashboard, to be reported to the REB’s relevant stakeholders (internal committees, Banking product head etc.).
- Other Project, Risk, Finance & Accounting support activities:

- Write, maintain and enforce the relevant procedures and user guides.
- Support audit activities related to ALM and Treasury activities.
- Support CFO, EVP Banking and Management in the Deposit-taking product design and launch in 2025/2026.

EXPERIENCE, KNOWLEDGE, SKILLS & QUALIFICATIONS REQUIRED FOR THE ROLE
- Degree holder in Finance, Accounting, Treasury or business-related disciplines. Relevant certification desired (CIMA, CFA, CPA, ACCA, CTA, MSc, Applied Maths degrees etc.)
- Minimum several years’ experience in a Treasury function and /or banking industry.
- Knowledge and understanding of risk management in a banking context.
- Knowledge and understanding of CSSF guidelines and global regulatory frameworks in banking industry particularly pertaining to all Treasury/Liquidity topics are a very strong advantage.
- Excellent working knowledge of financial modelling, different asset classes, risk modelling, capital markets, liquidity management and ALM techniques
- Previous experience with solutions such as FIS, Moodys, Oracle, SAS Kamakura or with Market data providers such as Bloomberg, Thomson Reuters or similar are a clear advantage.
- Advanced literacy skills in XL. Comfortable interacting with systems (ALM SW, CBS, Regrep solution, SAP). SQL and/or R knowledge is an advantage.
- Excellent interpersonal and communication skills, ability to work in a transversal and multicultural environment.
- A strong _“get things done_” spirit with full commitment to deadlines.
- Excellent communication skills, both written and verbal in English. French or Japanese language skills are an advantage.
- Customer-focused with the ability to provide services to internal and external customers in a reliable, attentive and available manner.

WHAT WE OFFER
- An inter