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Fixed Income Portfolio Manager - ALCO

Fixed Income Portfolio Manager - ALCO

Banco Sabadell
Banco Sabadell
Alco, SpainCompetitiveOn-siteAdded yesterdayMid · 4-5 yearsPermanent🇬🇧English: Required

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About the role

Reference: 38588 

Position: Financial Management Role

Location: Spain > Barcelona > Sant Cugat del Vallès 

Organizational Levels: Finance > Financial Management and Investor Relations > Investment and Financing Management > Portfolio Management > Portfolio Management 

Multi-location possibility: No  (1)

Remember to update your professional profile before submitting your application

What you'll do

  • Your main mission will focus on supporting the management of the ALCO portfolio, with special emphasis on Fixed Income and foreign exchange (FX) positions under the mandate of the Portfolio Management team.
  • Your main responsibilities will include:
    • You will collaborate in developing investment strategies for the fixed income portfolio (ALCO portfolio) and its associated hedges, managing the contribution to financial margin, liquidity, and capital consumption, ensuring it remains within established risk limits.
    • You will oversee the management of the ALCO portfolio of subsidiaries and overseas offices (Miami).
    • You will manage the Bank's structural foreign currency position, derived from permanent investments in subsidiaries and overseas offices, ensuring the position remains within limits authorized by the supervisor.
    • You will coordinate with various areas: accounting, risk, capital, ALM, Treasury...
    • You will prepare investment proposals for various Committees (CIL, COAP...).
    • You will prepare investment line proposals for the different asset classes of the Portfolio, as well as their monitoring.
    • You will contribute to the ongoing monitoring and reporting of the ALCO portfolio, both internally at Committees (COAP and CIL) and externally (supervisors, investors, and rating agencies).
    • You will document current procedures and tools.
    • You will collaborate with the IT team to ensure technological solutions meet the team's needs and ensure the reliability and robustness of data, taking into account, among other things, alignment with Risk, Liquidity, Accounting, ALM...

How you'll work

Permanent

About the company & team

  • We are currently looking for an organized profile with attention to detail, who knows how to work in a team and adapt to changing needs and circumstances, showing curiosity and a desire to learn, and good communication skills to join the team that manages the ALCO portfolio at the Bank.

What do we value in your application?

  • You should have higher education in a technical field (Mathematics, Statistics, Engineering, Physics, or similar) or business (Economics or Business Administration).
  • Minimum of 4-5 years of experience in the financial sector in areas related to investments and/or management of Fixed Income, FX, interest rate derivatives, and interest rate options portfolios.
  • Profile with extensive knowledge of Fixed Income products and their associated risks, including: government debt, covered bonds, and financial credit.
  • Advanced knowledge of portfolio management and financial markets.
  • Experience using portfolio management systems (PMS) such as Murex. Ability to use these tools in risk assessment, investment monitoring, and generating detailed reports.
  • Knowledge of ALM (Asset and Liability Management), including management of liquidity risk, interest rate risk, and changes in market value, will be positively valued.
  • Knowledge of accounting (IAS 39, IFRS 9...) and experience in hedge accounting will be positively valued.
  • Analytical skills and knowledge of programming languages such as SQL, Python, R, Matlab... will be valued.
  • Proficiency in the Office suite and a good level of English (minimum C1).

Additional information

Banco Sabadell is committed to promoting working environments in which people are treated with respect and dignity, seeking the professional development of its staff and guaranteeing equal opportunities in selection, training and promotion, offering a working environment free from any discrimination on the grounds of gender, age, sexual orientation, religion, ethnicity or any other personal or social circumstance.

Banco Sabadell is part of the network of companies with the "Equality in the Company" distinction awarded by the Ministry of Equality.

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Note: This vacancy is an internal opportunity aimed exclusively at employees covered by the Banking Collective Agreement, therefore only applications from this group will be accepted.

(1) Multi-location: refers to the location of the position and includes the possibility of working from any point of the office network or corporate centres, regardless of the physical location associated with your position and in compliance with Remote Working guidelines.

Remember to update your professional profile before submitting your application

Contact the Attention and Listening Office (OAE) for any queries.

This job was automatically translated to English, .

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