Position Purpose
ALM Treasury Japan manages the liquidity of the balance sheet of BNP Paribas Tokyo Branch and BNP Paribas Securities (Japan) and manages management of risk exposures coming from balance sheet.
As a member of the ALM Treasury Japan, she/he is expected to contribute actively to the overall liquidity matters with proactive mindset.
Reason for Recruitment
In ALM Treasury Japan, there are already foreseeable interdepartmental transfers and attrition in the near future. To strengthen the stability of the team’s activity, we will proceed with this recruitment. The candidate will learn the general tasks of ALM Treasury Japan and develop the understanding, skill and knowledge through proactive communication with other staff.
We also plan to nurture the candidate with a long-term perspective. However, if the candidate prioritizes financial incentives above all, there is a risk they might leave in the short term. Thus, we seek someone with low flight risk from especially financial incentives perspective and someone who is genuinely interested in the content of the ALM Treasury activity and is willing to actively engage in the work with good curiosity.
We are looking for candidates who has minimum 5 years’ experience, possess basic professional etiquette and common sense, and candidates who are not bound by rigid preconceptions but are also not starting from scratch like new graduates. Ideally, they should have a certain level of professional experience and knowledge of finance. In addition, the candidate must be able to speak Japanese and have an understand of Japanese culture. Since this role involved transversal activities, rather than requiring specialization in a specific area, we prefer candidates who are willing to approach a wide range of tasks with enthusiasm. It is preferable for candidates to have experience in related roles within the following departments. However, we have learned from experience that focusing on just one area in recruitment can be time-consuming and makes it difficult to find suitable candidate in Japan. Therefore, we will take a broader approach in our search.
Related department:
Operations (BO&MO: Cash, Derivatives, FX, etc), Finance, Global Market Trader (Money Market, Short term bond, Repo, IRS etc), Risk etc
Responsibility
- ALM Treasury Japan manages the liquidity of the balance sheet of BNP Paribas Tokyo Branch and BNP Paribas Securities (Japan) and also manages management of risk exposures coming from balance sheet.
- As a member of the ALM Treasury regional and global teams, ALM Treasury Front Office Professional is expected to contribute actively to the overall liquidity risk, IRRBB and FXRBB, and coordination with ALMT APAC and Head office.
- ALM Treasury Front Office Professional respects multiple mandates, prudential and optimization. ALM Treasury Front Office Professional is also requested to collaborate with all poles and business lines in Japan, at a working and practical level.
ALM Treasury mandate
- Perform ALM Treasury mandate role such as Liquidity, IRRBB and FXRBB management.
- Proceed transversal activity and be a good business partner.
*Main tasks for the candidate : Funding activity, Optimization, Gapping analysis, Liquidity risk management, TIBOR, Daily contribution
Liquidity Analysis and Operational Management
- Support the liquidity management of BNP Paribas Tokyo Branch and BNP Paribas Securities (Japan).
- Manage the position in JPY, USD, EUR and other currencies for Short-term and Medium Long-term as per Group guidelines.
- Perform back-up role when team members are on leave.
- Monitor and manage the interest rate Gapping positions.
- Support the business development and growth according to business request.
- Manage the liquidity position.
- Manage the local accounting results with foreign exchange transactions.
- Contribute to achievement of P&L targets while upholding prudential mandates.
- Contribute to the Permanent Control framework.
- Ensure good communication and collaboration with other branches and network.
- Ensure implementation and regular review of all required processes related to ALM Treasury activities Index Contributions.
Liquidity Risk Management
- Prudentially manage the liquidity position in allocated currencies within the delegated limits and in compliance with regulatory ratios where applicable.
- Comply with local and global Regulations (mandatory reserves requirement, regulatory ratio, liquidity stress test etc) in line with each policy (Liquidity Risk Management Policy, ALCO Terms of reference, Intraday Liquidity Management, Liquidity Stress Testing Policy, Liquidity Contingency Plan, etc)
- Manage intraday collateral needs with Operations.
- Anticipate and manage crisis situations.
- Policy review.
Technical competencies
- Attention to detail (Detail oriented).
- Ability to collaborate and Teamwork.
- Ability to share and pass on knowledge.
- Communication skills - oral & written.
- Analytical and Numerical skills – financial mathematics.
Behavioral Competencies
- Proactive mindset
- Resilience
- Critical Thinking, with ability to simplify and synthesize.
- Collaborate both within ALMT network and with other business/functions to create value.
Experience Level
- minimum 5 years’ experience
- While we prefer candidates with experience in our work, it is challenging to pinpoint such talent in Japanese market. Therefore, we target candidates with a certain level of professional experience based on their years in the workplace and who had the experience related to our activity.
Language requirement
- English: Native or Business advanced level
- Japanese: Native or Business advanced level