Capital Planning Expert

3 days ago

London, UK, United Kingdom SOCIETE GENERALE Full time
Responsibilities

Description of the Business Line or Department

The Finance Division (DFIN) is in charge of:

- Steering the financial and budgetary strategy of the Group, and its investment and development policy;
- Measuring and analysing the profitability of the activities portfolio (clients, businesses, geographies) and the use of all resources (overheads, balance sheet, capital, liquidity, etc.);
- Certifying Group accounts (accounting quality, valuation methods, orders options, etc., regardless of the production centres, vis-à-vis DFIN, external auditors, regulators, etc.;
- Ensuring the necessary support and the right level of expertise on the subjects of accounting standards, audit

The UK Treasury ALM department sits within DFIN and is in charge for the GBIS UK entities of:

1- Treasury dealing activities:

• Management of Central bank accounts and/or Nostro accounts management for SG Paris and SG London Branch (in GBP, CHF, JPY, AUD, NZD, DKK, NOK, SEK, ISK, CAD, CNH, HKD, SGD and THB) and for Société Generale International Limited (SGIL).

• Raise unsecured external funding in the money market through term deposits, issuance of Short-Term notes and Notice Call accounts. Pricing of the external curve

• Refinancing of internal business lines and SG group subsidiaries. Pricing of internal curves

• Centralizing the excess cash optimization through the FX swap market for the SG Group

• Management and steering of liquidity requirements (regulatory or internal)

• Management of HQLA liquidity buffer

• Management of intraday liquidity

• Management of the market risks associated to the activity.

• Ensure the SG access to the Sterling Monetary Framework and regular dialog with the Sterling Division of the Bank of England

• Hedge of the structural risks

• Act as a back up to Paris Treasury for management of EUR and USD and for Euribor contribution

2- ALM activities:

• Management of the stress testing framework Liquidity Stress test model design

• Document and implement stress test model

• Owner of the liquidity stress testing policy

• Ensure the secretariat and preparation of ALCO meetings.

• Owner of the FTP/CTP

• Provide liquidity requirements daily projections to the treasury dealing team.

1- Liquidity framework

• The department is owner of the ILAAP process, coordinating the production of the ILAAP document and ILAAP framework.

• The department is owner of the Liquidity Contingency Plan (LCP) and organise yearly exercises.

• The department is owner of all other policies related to liquidity.

• Prepare the interactions with regulators and supervisors.

• Prepare the interactions with Excos and Boards

• Involvement in any projects with material impact on liquidity

2- Capital Management Activities

• Owner of entity Capital Management Framework and Policy

• Owner of ICAAP Capital Adequacy Assessment

• Capital stress framework and pillar 2B requirements.

• Steering entity capital adequacy

• Embedding ICAAP activities into BAU

3- Recovery and Resolution Plan

• Owner of Recovery and Resolution Plan and organise yearly exercises.

This role reports to the SGIL Capital Stress Testing Expert.

Summary of the key purposes of the role

The responsibilities of the capital planning expert are to:

Capital Planning

Project capital adequacy based on financial and strategic planning budgets.

Project capital adequacy on a forward-looking basis under base case and stress scenarios.

Formulate, approve and review stress scenarios and impacts on capital adequacy with internal stakeholders

Identify drivers of capital adequacy against capital risk appetite metrics.

Perform impact analysis on capital adequacy against capital planning actions.

Produce accurate and timely internal presentations.

Produce detailed documentation to support assumptions, judgements and methodologies used to create forecasting models working with Capital Modelling.

Contribute to Capital Adequacy Statement and ICAAP exercises.

Ensure adherence to model governance, model controls and EUC standards.

Support Recovery and Resolution Plan yearly exercises, for example impact assessment of recovery options and forecast recovery capacity.

Capital Budgeting

Validate capital requirements under base case and stress scenarios against business plans.

Calibrate required internal monitoring metrics and thresholds for risk appetite.

Identify and make recommendations where business plans exceed capital risk appetite metrics.

Profile required

Competencies

The role holder should be a prudential regulation or risk professional; a subject matter expert with a breadth of knowledge in both the technical and procedural aspects of capital management; passionate about regulation; and able to operate at a high standard in a highly dynamic environment.

Skills and experience requirements include:

- Experience in finance or risk department

- Experience with prudential regulatory requirements under CRR in the UK

- Experience with capital planning and forecasting under ICAAP framework

- Experience with counterparty credit risk

- Knowledge of balance sheet

- Excellent communication, interpersonal, and structured thinking skills, with an ability to operate with minimal oversight.

- Sound numerical ability skills;

- Analytical skills;

- Strong experience programming in VBA , R and Python

Why join us

People join for the impact they can have on us. They stay for the impact we have on them. A flatter structure offers visibility and exposure beyond that of our competitors, so you know our names, and we know yours. It's personable, human, and inspires success through passion. By encouraging open mindedness and a willingness to share ideas, we have adapted to market changes and thrived through innovation. Bringing words like "hard work" and "dedication" together with "community" and "respect" has enabled us to work collaboratively and build our future together. We call this Team Spirit and it's what makes us different. It's what makes you different.

Business insight

If you feel you have the required experience and qualifications, then please apply to the SG Resourcing Team, and we will manage your application. At Société Générale, we believe our people are our strength and are core to the success of our business. As such, we search for, recruit and appoint the best available person on the basis of aptitude and ability, regardless of sex, marital or civil partnership status, race, colour, nationality, ethnic or national origins, pregnancy, disability, age, sexual orientation, religion, belief or gender identity.

  • General Partner

    1 month ago

    London,, UK, United Kingdom Brook Capital Full time

    Company DescriptionBrook Capital is an independent investment group with operations in the UK and Malta, focusing on providing Seed, buyout and growth capital for small to medium-sized companies in the Built Environment industry. The firm aims to build market leaders by making majority and minority investments and supporting sustainable growth through...

  • Senior Capital Risk Manager

    3 days ago

    London,, UK, United Kingdom MERJE Full time

    MERJE is seeking a highly skilled Senior Risk Manager - Capital Risk for a leading institution in the Banking - Commercial sector. This role offers an exciting opportunity to join a dedicated team of 2nd Line of Defence Treasury Risk experts, providing oversight on Capital Risk for a forward-thinking bank with ambitious growth plans.Location: LondonThe...

  • Capital Management

    7 days ago

    London,, UK, United Kingdom JSS Search Full time

    Interim OpportunityI am looking for a contractor that is experienced with Capital Management and Risk to support on a Bank's expansion into the EU, who can lead on the portion of the application relating to ICAAP, Solvency Recovery Plan and Solvent Wind Down Plan. 6 months contract (potential extension). Daily rate outside IR35London based or remoteCan...

  • Capital Modelling Actuary

    1 month ago

    London,, UK, United Kingdom Arthur Recruitment Full time

    Arthur is delighted to be collaborating with a specialty insurance and reinsurance provider who are seeking a Senior Capital Modelling Actuary to join their team. This role offers an opportunity to work on strategic underwriting optimisation and provide key analytics for decision-making.Responsibilities:Support the maintenance and operation of internal...

  • Associate - Client & Capital Strategy

    2 months ago

    London, UK, United Kingdom eFinancialCareers Full time

    Responsibilities Provide input and analysis to various client & capital initiatives across EMEA, including but not limited to: Deal Approval Committee, Account Planning, Sector & Country reviews, floor and target rate setting, Non-Core portfolio reviews. Work with Front Office (FO) to produce Client Plans and profitability models to be used in the deal...

  • Programme Lead

    7 days ago

    London, UK, UK, United Kingdom The London Clinic Full time

    We have an exciting opportunity for a Programme Lead - Capital Projects to join our Patient Services Directorate here at The London Clinic. This role is based at our head office in Central London (W1G 6BW). We are offering a competitive inclusive salary. Established in 1932, The London Clinic is one of the UK's largest private hospitals, with 8...

  • Capital Regulatory Reporting SME

    1 month ago

    London, UK, United Kingdom Allegis Global Solutions Full time

    Contract: 6 months + extension (inside IR35) Location: London, UK Flexi: Hybrid (2 days per week onsite max) Core Experience External Reporting Risk & Controls Data manipulation and analysis ( Excel & SQL) Regulatory & Compliance (Basel, UK and EU regulatory rules, including capital, leverage and large exposures) Qualified accountant - 10+ years...

  • Capital Works Director, London UK

    4 weeks ago

    London,, UK, United Kingdom Instant Impact Full time

    About the Company:Our client is a leading private property company based in London, specializing in commercial business spaces across the UK. Their portfolio spans several thousand properties, with a strong emphasis on light industrial units within town-center estates. Known for their customer-first approach, they focus on providing flexible, easy-to-lease...

  • Biodiversity & Natural Capital Officer

    1 month ago

    London,, UK, United Kingdom Vox Network Consultants Full time

    Role Purpose To take a key role in the conservation and enhancement of Harrow’s biodiversity and approach to natural capital. Being responsible for the development, implementation, monitoring and review of the Council’s approach to Biodiversity Net Gain (including identification and development of potential habitat banks) and relevant parts of the...

  • Capital Modelling Actuarial Analyst

    3 days ago

    London, UK, United Kingdom Bupa Full time

    Our Actuarial teams play a key role in helping us deliver on our strategy. Whether your focus is pricing, reserving, modelling or another area we believe in allowing our colleagues to work in a way that suits them. Giving them the time and freedom to keep our customers at the heart of every decision.We dont have shareholders at Bupa, which means were free to...

  • Service Manager – Capital Programmes

    2 months ago

    London,, UK, United Kingdom Vox Network Consultants Full time

    Role PurposeDevelop, gain funding and manage the capital programme and associated budgets for improving and maintaining the Council’s corporate buildings, land and other buildings by agreementProvide advice to the Head of Estate & Facilities Management on achieving the council’s objectives, including policy and strategy development.Support, plan and...

  • Interim Assistant Director of Capital Delivery

    7 days ago

    London,, UK, United Kingdom Hays Full time

    About the client: The client is a dynamic local authority in London, committed to delivering high-quality services and infrastructure to their community. Our client is seeking an experienced and motivated Interim Assistant Director of Capital Delivery to lead and manage on capital projects, ensuring they are delivered on time, within budget, and to the...

  • Senior Reinsurance Expert

    1 month ago

    London, UK, United Kingdom Allianz Full time

    Whether it’s aircraft, international business or offshore wind parks, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses. We are looking for a Senior Reinsurance Expert (m/f/d), based in Munich or London.Your Team You will be part of a globally successful team spread across the globe. This is an excellent...

  • Communications Specialist, Private Equity

    1 month ago

    London,, UK, United Kingdom Capital Dynamics Full time

    Role: Communications Specialist, Private Equity & Clean EnergyLocation: London or Zug / Zurich Rank: Vice President to PrincipalContract Type: Permanent About Capital Dynamics:Capital Dynamics is an independent global asset management firm focusing on private assets, including private equity (primaries, secondaries, and direct investments) and clean...

  • Venture Capital Investment Manager

    3 weeks ago

    London,, UK, United Kingdom Brock & Decker Full time

    Job Title: Venture Capital Investment ManagerLocation: Zurich, SwitzerlandOur Client, a dynamic, growth-focused venture capital firm based in Zurich, specializing in the SaaS, AI, and cybersecurity sectors. Team is passionate about partnering with ambitious founders and cutting-edge technology companies shaping the future of enterprise software, artificial...

  • Derivatives Business Analyst

    4 weeks ago

    London, UK, UK, United Kingdom Quant Capital Full time

    Business Analyst – Fintech£85,000 Plus Bonus Hybrid 2 Days per weekQuant Capital is urgently looking for a Derivatives Business Analyst to join our high profile client.The Business Analyst Role has come around due to an expansion and strategic change and the Business Analyst will report in to the two owners of the business. The firm engages with...

  • Operational Risk Manager|Capital Markets

    4 weeks ago

    London, UK, United Kingdom Macquarie Group Full time

    Our Operational Risk team plays a pivotal role within the broader Macquarie Risk Management Group, focusing on safeguarding the Macquarie Capital business across the EMEA region. We provide expert risk management advice, oversight, and insights, fostering a strong culture of risk awareness and ensuring the effective implementation of risk management...

  • Low Latency Java Engineer

    3 weeks ago

    London,, UK, United Kingdom Tyler Capital Full time

    Tyler Capital is proprietary trading firm with a rich history spanning over 20 years. We are a systematic algorithmic trading firm, trading futures on the CME, Eurex, ICE and TMX. We are a small team with an open, collaborative culture where all members of the team have access to all parts of the code.Tyler Capital uses its own technology for almost...

  • Head of Sales

    1 month ago

    London, UK, United Kingdom Ocorian Full time

    Company Description Fund services | Corporate | Capital markets | Private client | Regulatory & Compliance We help clients succeed by unlocking new value through expertise, trust and scale. We deliver solutions that solve complex challenges faced by asset managers, financial institutions, corporates, high net-worth individuals and family offices. With a...

  • London Market Capital Management Director

    3 days ago

    London, UK, United Kingdom Willis Towers Watson Full time

    As a Capital Director within the UK P&C Consulting Practice you will work beside some of the market’s top thought leaders designing and implementing cutting-edge solutions to enable insurers to get real value from the capital modelling, feeding into business and capital strategy, reinsurance purchase and portfolio management.In your role, you will be...