ATEL Jobs - Treasury Manager

Senior Treasurer and AML Analyst

Rakuten Europe Bank S.A. started operating as a bank in 2016. Prior to that it was known as Rakuten Payment Services S.A. a Payment Institution intermediating payments between the consumers and the merchants on the Rakuten's European e-commerce platforms. Rakuten Europe Bank S.A. is situated in the very heart of the city of Luxembourg and will soon be offering a range of banking products. we have a great team in Luxembourg with people from all over Europe and beyond - 16 countries and growing!

We are currently looking for a new colleague to join our finance team with a treasury background and advanced business/system modelling skills. The ideal candidate will be expected to be a Treasury subject matter expert, collaborating across functions (Risk, IT, Products, Accounting).

Specifically, the Senior Treasurer & ALM analyst will support the Chief Financial Officer (CFO) in day-to-day cash and liquidity management, investment activity analysis, modelling & forecasting, reporting, asset and liability management and REB funding planning in line with best practices.

Responsibilities Include:

Daily Treasury activities:
- Instruct various treasury operations (liquidity, FX netting, limits etc.)
- Support accounting team in relevant treasury bookings.
- Monitor treasury related limits and minimise risks in accordance with existing policies and procedures.
- Optimize the liquidity management, ALM, and capital planning strategies in accordance with REB's corporate development plans, and multiple regulatory frameworks including Basel Ill
Assets & Liabilities Management ("ALM") project:
Contribute to the establishment of the ALM office set-up project by acting as the business analyst for the project
Contribute to the different phases of the project: Design specifications, Plan delivery with project manager, Test solution (UAT).
Gradually own risk modelling of various inflows/outflows based on scenarios. This will include in particular liquidity risk ("LIQR"), Interest rate risk ("IRR") and foreign exchange risk ("FXR").
Lead the development of adequate improvements to enable robust management of static gaps, IRR gaps, repricing gaps, maturity gaps etc.
Specify the development of ALM reports so as to monitor compliance with diverse internal/external limits (capital ratio, leverage ratio, NSFR, IC/LAAP, RRP etc.) for the various forecast scenarios.
Own eventually the ALM/IRRBB/TMS solution to be implemented and overall ALM office function.
Regular reporting and forecasting activities:
Own daily liquidity dashboard oversight (automation, improvements etc.)
Transition from Risk to progressively own the quarterly Interest rate risk on the Banking book reporting ("IRRBB") calculations.
Report relevant views to the Assets & Liabilities Management and Credit Committee
("ALMCC").
More generally, monitor and report on the results, forecasts, and dynamics of liquidity management, ALM, and capital planning, by designing and creating comprehensive liquidity, ALM, and capital allocation dashboard, to be reported to the REB's relevant stakeholders (internal committees, Banking product head etc.).
Other Project, Risk, Finance & Accounting support activities:
Write, maintain and enforce the relevant procedures and user guides.
Support audit activities related to ALM and Treasury activities.
Support CFO, EVP Banking and Management in the Deposit-taking product design and launch in 2025/2026.
Degree holder in Finance, Accounting, Treasury or business-related disciplines. Relevant certification desired (CIMA, CFA, CPA, ACCA, CTA, MSC, Applied Maths degrees etc.)
Minimum several years' experience in a Treasury function and /or banking industry.
Knowledge and understanding of risk management in a banking context.
Knowledge and understanding of CSSF guidelines and global regulatory frameworks in banking industry particularly pertaining to all Treasury/Liquidity topics are a very strong advantage.
Excellent working knowledge of financial modelling, different asset classes, risk modelling, capital markets, liquidity management and ALM techniques
Previous experience with solutions such as FIS, Moodys, Oracle, SAS Kamakura or with Market data providers such as Bloomberg, Thomson Reuters or similar are a clear advantage.
Advanced literacy skills in XL. Comfortable interacting with systems (ALM SW, CBS, Regrep solution, SAP B1). SQL and/or R knowledge is an advantage.
Excellent interpersonal and communication skills, ability to work in a transversal and multicultural environment
A strong "get things done" spirit with full commitment to deadlines.
Excellent communication skills, both written and verbal in English. French or Japanese language skills are an advantage.
Customer-focused with the ability to provide services to internal and external customers in a reliable, attentive and available manner.

Required Background and Qualifications:

Degree holder in Finance, Accounting, Treasury or business-related disciplines. Relevant certification desired (CIMA, CFA, CPA, ACCA, CTA, MSC, Applied Maths degrees etc.)
Minimum several years' experience in a Treasury function and /or banking industry.
Knowledge and understanding of risk management in a banking context.
Knowledge and understanding of CSSF guidelines and global regulatory frameworks in banking industry particularly pertaining to all Treasury/Liquidity topics are a very strong advantage.
Excellent working knowledge of financial modelling, different asset classes, risk modelling, capital markets, liquidity management and ALM techniques
Previous experience with solutions such as FIS, Moodys, Oracle, SAS Kamakura or with Market data providers such as Bloomberg, Thomson Reuters or similar are a clear advantage.
Advanced literacy skills in XL. Comfortable interacting with systems (ALM SW, CBS, Regrep solution, SAP B1). SQL and/or R knowledge is an advantage.
Excellent interpersonal and communication skills, ability to work in a transversal and multicultural environment
A strong "get things done" spirit with full commitment to deadlines.
Excellent communication skills, both written and verbal in English. French or Japanese language skills are an advantage.
Customer-focused with the ability to provide services to internal and external customers in a reliable, attentive and available manner.