Natixis is a French multinational financial services firm specialized in asset & wealth management, corporate & investment banking, insurance and payments. A subsidiary of Groupe BPCE, the second-largest banking group in France through its two retail banking networks, Banque Populaire and Caisse d’Epargne, Natixis counts nearly 16,000 employees across 38 countries. Its clients include corporations, financial institutions, sovereign and supranational organizations, as well as the customers of Groupe BPCE’s networks. Listed on the Paris stock exchange, Natixis has a solid financial base with a CET1 capital under Basel 3(1) of €11.4 billion, a Basel 3 CET1 Ratio(1) of 11.5% and quality long-term ratings (Standard & Poor’s: A+ / Moody’s: A1 / Fitch Ratings: A+). (1)Based on CRR-CRD4 rules as reported on June 26, 2013, including the Danish compromise - without phase-in and including current financial year’s earnings and accrued dividend (based on a 60% pay-out). Figures as at 30 September 2019
Natixis is looking for an Asset Liability Management Analyst to join the New York Asset Liability Management team. The Asset Liability Management function (“ALM-NY”) produces analyses to monitor liquidity risk management for Natixis US WB, NY Branch (“NYB”), Natixis North America (“NNA”) and their respective subsidiaries, as mandated from Head Office. ALM-NY acts as a local agent for this process reporting to the US CFO and working closely with Natixis US Treasury in this capacity. Additionally, ALM-NY works in coordination with the Paris ALM team (Head-office) for liquidity norms. ALM NY has the responsibility of monitoring liquidity utilizing analytics and tools such as stress testing results (liquidity), a set of Early Warning Indicators, as well as the enforcement of ALM norms as communicated from Paris, as well as regulatory authorities (i.e. Federal Reserve Bank). • Run daily liquidity stress testing process, as well as the liquidity buffer. • Explain changes in stressed liquidity gap results and liquidity buffer for management using RiskPro software (liquidity risk system). • Analyze balance sheet positions in support of financial and liquidity management in the firm. • Understand key Basel and US related regulatory ratios such as the Liquidity Coverage Ratio. Substantiate month over month changes in the calculations. Calculate the CUSO LCR monthly. • Responsible for running and analysis of liquidity related regulatory reports such as the 2052a and performing the necessary reconciliations with US-GAAP balance sheet data. • Interact closely with Treasury, as well as other business lines, as it relates to liquidity topics and be able to understand the effects of Basel and US regulatory norms.
- BA/BS level – concentration in Mathematics/Statistics or Finance preferred, from an accredited university/college. • 5-10 years of total finance experience. • Familiar with ALM norms • Advanced MS Excel and PowerPoint knowledge. • Knowledge of the US LCR and liquidity ratio. • Understanding of Dodd-Frank Enhanced Prudential Standards (Reg YY). • Accounting knowledge including balance sheet analysis. • Strong follow-up skills. • Solid verbal and interpersonal skills a must. Skillful written communication is necessary; the ability to convey thoughts clearly and succinctly and to communicate pertinent complex information in a clear and organized manner. • The ability to manage multiple priorities, working under pressure to meet deadlines, and the ability to respond creatively and quickly in a fast-paced and changing environment. • Self-motivated with the ability to work independently while understanding when to involve other team members as needed and to work effectively in a team environment • High degree of integrity and strong work ethic.