ALM & Treasury Junior Analyst

Sofinco España; Madrid; On-site; EUR 55,000 - 75,000; Full time

Job summary

Sofinco España in Madrid is seeking a Finance professional to lead treasury management, optimize funding sources and manage ALM and solvency-related controls. The role involves planning, forecasting, reporting and collaborating with banks to secure diverse funding lines.

The candidate should have a finance degree with 3+ years in balance sheet management or similar, fluent English, and可能 French/Portuguese as a plus. Strong Excel/VBA skills and risk acumen are essential.

Qualifications

• University degree in a finance-related area or equivalent with strong quantitative foundations.
• CFA/FRM/PRM or similar certification will be an asset or in progress.

Responsibilities

• Treasury management including planning, forecasting, controlling and reporting.
• Ensure controls related to ALM, funding and solvency in line with Basel III (LCR, NSFR, etc.).
• Assess and monitor risks (interest rate, liquidity, solvency) and report findings to shareholders and Bank of Spain.
• Identify funding needs and manage funding diversification (securitization, external funding, deposits).
• Negotiate and manage bank funding contracts and relationships with banks.
• Calculate and update funding rates for various consumer credit products.
• Follow up on cost of funding and support ALM funding-related projects.
• Contribute to monitoring regulatory and methodological changes.

Skills

Interpersonal skills

Stress resistance

Analytical thinking

Detail oriented

Team spirit

Initiative

Organizational rigor

Quality of work

Adaptability

Education

Finance degree

Master in finance

CFA/FRM/PRM

Tools

Excel

VBA

Job description

Mission:

Ensure the management of financial flows. Treasury Management. Manage risks in terms of interest rate, banking counterparts, liquidity and solvency. Optimize cost of funding. Diversification of funding sources.

Main Functions and Tasks:

• Treasury management. Planning, forecasting, controlling and reporting.
• Ensure controls in relation with ALM, funding and solvency in relation with Basel III (LCR, NSFR,…)
• Assess and monitor risks in terms of interest rate (including derivatives management), liquidity and solvency, and elaborate reportings and forecast to shareholders and to the Bank of Spain
• Identify funding needs and manage funding diversification (securitization, external funding, deposits,…)
• Bank Relations Management: Negotiate and manage funding contracts and funded outstanding of the Bank. Manage relationship with banks
• Calculate and update funding rates of various consumer credit products
• Ensure a follow-up of cost of funding
• Support transversal projects impacting ALM, solvency and funding
• Contribution to the monitoring of methodological and regulatory changes.

Requirements:

• University degree in a finance-related area such as Business Administration, Economics or a quantitative discipline, e.g. Math/Statistics/Engineering with master´s degree in finance, financial risk, capital markets or similar will be a plus. CFA,FRM,BTRM,PRM or similar certification completed or at least in process will be an asset.
• Minimum 3 years in balance sheet management similar role or position.
• Fluent English (written and spoken)
• French & Portuguese level is a plus

Other requirements:

• Microsoft Office (Expert level in Excel), VBA

Skills Profile:

• Excellent interpersonal skills
• High working capability and resistance to stress
• High analytical skills, Critical thinking and detail- oriented
• Team spirit
• Dynamism, proactivity and a strong spirit of initiative
• Strong sense of responsibility, organization, rigor and quality of work
• Ability to work in a changing and moving environment