Crédit Agricole CIB – Trainee, Financial Steering & ALM (One Year Contract)

The trainee will join the Asia Pacific (APAC) Financial & Strategic Steering (PIL) team, which is part of the regional finance team based in Hong Kong. The PIL APAC team is covering the entities of the Bank in APAC (Japan, Hong Kong, Singapore, India, Korea, Australia, China, Taiwan), when it comes to:

• Asset Liability Management (ALM) including management of liquidity risk, interest rate risk foreign exchange risk, capital management, etc.
• Performance monitoring including transactions’ profitability computation, franchise/portfolio profitability analysis etc.
• Fund Transfer Pricing, defining liquidity costs/remuneration for local currencies
• Financial steering, ensuring that scarce resources of the Bank are efficiently used

The ideal candidate should complete the graduation requirements and is available to start the position in December 2023. 
 
Trainee program is one year to begin with and possible for extension up to 2 years in total, subject to performance and business needs.

Key Responsibilities

Performance monitoring: work with the Business Lines during the origination process, validate the profitability computation for new loans. Ensure consistent approach in profitability computation in particular for derogatory pricing, maintaining a database of historical derogatory pricing. Contribute to ex-post profitability analysis prepared by the team for senior management.

Financial steering: support senior team members in monitoring the usage of scarce resource within APAC (Capital, Liquidity, RWA, Balance-sheet size etc.), developing metrics and regular ad hoc analyses to identify APAC P&L drivers, and levers for profitability improvements. Monitor forecast landing vs. budget, for all metrics followed by team (NBI, RWA, profitability etc.). Track the economic benefits expected from scarce resource allocation. Support senior team members on regional budget preparation

Asset & Liability Management (ALM): produce all ALM related indicators used by team to monitor ALM risks, including presentation material used for the monthly regional Liquidity Risk Committee. Ensure that the team APAC regulatory mapping is exhaustive and up-to-date at any point in time. Perform ad hoc analysis on any hot topic as requested by senior team members.

Project management / change management: Identify, propose and implement process and tools improvement to lower the production workload of the team:
–       Identify areas for improvement
–       Propose alternative approach/tools/processes
–       Pitch solution to obtain resources
–       Implement changes in project mode (formalization of objectives, planning follow-up, stake

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Bachelor or Master’s graduate in Finance with less than 12 months of full time experience

Relevant Internship experience preferred, candidates with Big 4 or consulting firm experiences is also appreciated