KBC ALM Manager Liquidity and Funding recruitment

Job description

Group Treasury is a new department set up to improve the coordination and steering of the treasury and ALM activities of all bank and insurance subsidiaries of KBC Group. Our goal is to (1) optimize and manage KBC’s funding and liquidity position, (2) optimize and manage the bank’s ALM profile via improved modelling and active management, (3) improve and steer the investment activities for KBC’s insurance portfolios and (4) support KBC’s overall balance sheet and capital management.

As KBC decided to create this new department and to invest in the improvement of this activity, different vacancies exist, each covering a different part of the Group Treasury activities. Some vacancies require more experience than others.

The search intends to find candidates specifically for the function of expert ALM Manager Liquidity and Funding. This role should cover – together with the other colleagues of the liquidity funding team- the following areas of responsibility:

-Following up on international regulation re liquidity funding, participating/representing KBC in international workforces in this respect; translate changes into specific recommendations for KBC,

-Following up on evolutions in wholesale/retail funding markets and develop recommendations for KBC,

-Developing frameworks and policies for all aspects of liquidity funding management (liquid asset buffer, intra-group funding, funds transfer pricing,..),

-Coordinate and lead international projects for the implementation of above components,

-Developing funding strategy planning for KBC Group and its subsidiaries in the context of an integrated planning process,

-Monitor challenge effective implementation of this planning,

-Make concrete recommendations re wholesale funding programs. Discuss funding issues with relevant execution desks in markets domain. Management and organisation of own group treasury positions.

Common to all the vacancies is that they are all business functions, with an important PL responsibility. A key component in all functions is finding and implementing optimal solutions to issues that can be either strategic or more operational. The more strategic issues will be tackled by developing framework/concepts/models together with colleagues from ALM departments of different subsidiaries and the different stakeholders in the company.

The primary client of Group Treasury is top management. Therefore an important part of the job is to research ad-hoc requests from Group ExCo, CEOs of subsidiaries, … in relation to the different aspects of balance sheet management. After a critical analysis, recommendations need to be formulated and presented to top management.

Educational qualifications, specific knowledge or experience:

-willing to travel and stay abroad for limited periods of time (indicative: few days per month)

Location: Brussels

Profile and Education

-University degree, quantitative profile with affinity for economic/financial world or a strong economic profile with affinity for mathematics

-Prior experience in liquidity management in an environment of treasury/ALM, dealing room, asset management or market risk function is a prerequisite

-Team player – working in relatively small interchangeable team of specialised people

-Strong analytical skills

-Ability to lead small project teams of specialised employees – in an international context

-Diplomatic – able to reconcile differences in opinion

-Strong written and oral communication skills in English (knowledge of one of the KBC home country languages is an advantage). Ability to manage and present information in a well-ordered and structured way

-Strong drive - goal oriented

Training:

Depends on prior experience and profile – on the job training by colleagues and possibility to follow international seminars in domain