Treasury Markets & Investments Pool Manager (m|f|x) Luxembourg

Treasury Markets & Investments (TMI) as part of Group Treasury is ensuring liquidity and executing bank’s funding, proactively managing the market risks of banking book activities and effectively investing bank’s liquidity buffer. TMI Pool is a function within TMI with Global Head Treasury Markets & Investments reporting line, managing the bank‘s cash & funding and market risks of the Bank‘s liquidity pool book activities as well as optimizing the bank‘s non-core liquidity buffer. Regional Pool managers are responsible for the Pool books in the major bank’s hubs as well as overseeing the risks of the local Pool books in smaller countries of their respective region (APAC, EMEA and Americas). They all report (functionally) to the Global Head of TMI Pool while also maintaining local reporting lines where required.

Role Description

• Management of the local Pool desk (which includes both DB Lux SA and DB AG Lux branch) with direct responsibility for Risk and PnL using specific engines (e.g. Kannon).
• Performing of daily Pool funding and cash management activities (including Nostro and Central Bank accounts), through intergroup borrowing and lending and in accordance with internal limits and regulatory requirements.
• Support the local Asset & Liability Management with regular interaction with Group functions and management of Bank’s liquidity and interest rate risk within the financial and regulatory framework.
• Provide internal funds transfer prices to local businesses in line with the Group’s guidelines and capture internal trades i.e. Pool v/s Businesses.
• Support local implementation of Group initiatives related to Funds Transfer Pricing, Liquidity Management methodologies and TMI infrastructure.
  

Tasks

• Ensure the IR / FX risks are properly represented for local balance sheet and manage risks ensuring adherence to limits. Proactively identify new risks. Identify potential model or calibration shortcomings and propose remediation's.
• Drive process improvements by owning various projects both locally and cross-country at EMEA level. Take part in local meetings with banking book business and market risk stakeholders to generate opinions on IR risk representation and management for these books.
• Drive the Pool impact assessment of Risks In the Banking Book (RIBB) local developments as the first line of defence owner and collaborate with Country Treasurers and Market Risk function to meet local regulatory requirements.
• Advise the Country Treasurer on RIBB-related queries from local regulators and business and support RIBB subject matters for local ALCO approval as required.
• Support the Country Treasurer on cash and liquidity management matters to steer liquidity and regulatory metrics/limits (e.g. minimum reserve, LCR, NSFR and sNLP, etc.).
• Partner with other local Pool Managers across South and Western Europe and EMEA, to lead internal projects and assume functional leadership.

Profile / Your qualification / Your personality

• At least 5 years of experience in banking, including sound understanding of IR/FX products dynamic and hedging instruments; relevant experience in financial services industry required.
• Strong quantitative risk analytic and modelling skills (represent the risk in various banking book portfolios); solid grasp of RIBB risk matrix to inform risk management decisions. Strong proficiency in risk engines (like Kannon), Portfolio Calculator / Risk Engine and other internal risk and PnL systems is highly advantageous.
• Strong problem-solving skills and ownership – prioritization and track record in delivering effective solutions to financial and risk processes or modelling problems.
• Well organized and capable of handling multiple objectives and stakeholders.
• Cooperative yet assertive and challenging approach required of our partners. Proactive and enthusiastic team player required.
• Track record of leading process improvements – taking ownership for process improvements (e.g. data – model – trade representation – risk explain and reporting – IT platforms across this workflow).
• Rigorous adherence and prioritization of Compliance and regulatory guidance and issues.
• The role is required to be performed on-site at DB offices in Luxembourg.

That awaits you

• Flexible working to assist you to balance your personal priorities
• Coaching and support from experts in our team
• A culture of continuous learning to aid progression
• Access to regional forums/platforms via frequent calls to engage with your regional counterparts
• Training and development to help you excel in your career

Application

• Flexible working to assist you to balance your personal priorities
• Coaching and support from experts in our team
• A culture of continuous learning to aid progression
• Access to regional forums/platforms via frequent calls to engage with your regional counterparts
• Training and development to help you excel in your career

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Contact

Location

2 boulevard Konrad Adenauer, LUX-1115 Luxembourg