Treasury Analyst
Published on 01/01/2025
Bank Pictet & Cie (Europe) AG, succursale de Luxembourg
Pictet is an investment-led service company, offering wealth management, asset management and related services.
We are an independent investment partnership known for our long-term mindset, responsible approach to business and entrepreneurial spirit. These principles have defined us since 1805. For our clients, colleagues, and wider society, we always aim to do the right thing and honour our commitment to enduring quality.
With more than CHF 686 billion in assets under management or custody as of December 31st 2023, Pictet is today one of the leading Europe-based independent wealth and asset managers.
The Group is headquartered in Geneva, where its activities began, and employs more than 5000 employees. With 30 offices, it is also present in Amsterdam, Basel, Barcelona, Brussels, Dubai, Frankfurt, Hong Kong, Lausanne, London, Luxembourg, Madrid, Milan, Monaco, Montreal, Munich, Nassau, Osaka, Paris, Rome, Shanghai, Singapore, Stuttgart, Taipei, Tel-Aviv, Tokyo, Turin, Verona, Shanghai, New York and Zurich.
Your team
The Pictet Group is one of the world’s leading independent wealth and asset managers. Founded in 1805 and headquartered in Geneva, Switzerland, the Group is represented at 30 offices in financial centres worldwide, and currently employs over 5200 people. Pictet has been present since 1989 in Luxembourg, where it employs over 700 people.
Corporate Functions includes the Group’s non-banking activities and employs more than 600 people. These functions are carried out by specialists with expertise across all business units, and include Communications, Compliance, Finance, Human Resources, Information Security, Internal Audit, Legal, Organisation & Digital, Risk and Tax departments.
The role of the function is to manage liquidity, funding, and financial risks of the Bank’s balance sheet.
The Treasury Analyst oversees cash flow, investment portfolios, and capital management, while also preparing Treasury reports and ensuring the institution can meet its obligations, manage risks effectively, and achieve its financial objectives.
Your role
- Analyze all relevant treasury risks in a quantitative and qualitative fashion and provide comprehensive, regular, and ad hoc analysis and reporting on these risks. Actively work to conceptualize, develop, and optimize quantitative risk analysis models.
- Develop and optimize models for risk simulation. Conceptualize new ways of analyzing treasury risks and develop prototype models for that purpose.
- Monitor the treasury investment portfolio; provide reporting on adherence to and compliance with the limits imposed.
- Monitor and manage collateral positions and requirements for securities pledging, repurchase agreements, and central bank access.
- Be a key contributor to the Treasury reports and especially to the annual Internal Liquidity Adequacy Assessment Process (ILAAP).
- Keep abreast of developments relating to treasury management (liquidity and Interest Rate Risk in the Banking Book (IRRBB) regulations, best practices, hot topics, etc.). Identify needs for adapting treasury risk management (concepts, tools, and models) arising from such developments.
- Work closely with the team to develop coverage capabilities with the execution of trades on the market (Repo, FX Swaps, OIS, Bonds, etc.) as well as with internal counterparts (Lombard refinancing, deposits, etc.).
- The main areas of focus are liquidity risk, interest-rate risk, risk in the treasury investment portfolio, and collateral management.
Your profile
Qualifications and experience:
- Master’s degree in a technical discipline (mathematics, physics, engineering, IT, etc.) or economics/finance/banking.
- 3 to 5 years’ experience in a treasury-related role.
Specific knowledge:
- Very good MS Offices skills (Word, Excel, PowerPoint).
- Good analytical skills and conceptual thinking as well as programming skills in state-of-the-art programming languages.
- Knowledge of banking and asset/liability management concepts and money/fixed income markets.
Language skills:
- Fluent in French and English.
Personal qualities:
- Detail & results oriented.
- Pragmatism & strategic thinking.
Note
We will not accept any CVs from agencies.
In accordance with the provisions of the Luxembourg law of 23 July 2016 amending the law of 29 March 2013, candidates may be required to provide an extract from their criminal record. This document, issued by the authorities, must not be older than three months. Such a document will be requested with the aim of carrying out a character check on candidates, bearing in mind the area of activity of our establishment and, more particularly, the tasks described in the job description.
Flexible and modern ways of working
As a responsible and supportive employer, we promote the well-being of our employees through a set of flexible working arrangements, ranging from a work-from-home policy for eligible functions to opportunities for annualised part-time leave and extended parental leave.
Diversity & Inclusion
Pictet is an equal opportunity employer and is committed to creating a diverse environment. We respect all individuals and seek their inclusion in the workplace.
