Übersicht

Junior Asset Liability Manger (Banking Book Portfolio Management) (m/f/d)

Company background
Fidor Bank (Fidor) is a pioneering German Digital Bank based in Munich and Berlin. It was established in 2010 with a focus on providing innovative technologically enabled banking services. The bank’s current sole shareholder, Groupe BPCE of France, has agreed the sale of Fidor to Ripplewood Holdings LLC (Ripplewood). Ripplewood is a leading financial sector specialist investor, based in the USA with a 25-year track record of successful investments across the globe. This transaction is expected to close during 2021..Business Strategy
Fidor’s current business is focussed on providing a fully digital banking experience to retail and SME customers in Germany. In addition, the bank has a strong market position in providing payment and transaction services to leading payment services providers and digital asset market participants.
With the guidance and support of Ripplewood, Fidor is launching a new strategic plan which aims to reposition the bank as a leading partner for digital asset market participants and Fintech firms across Europe. The key product capabilities of the bank would encompass the entire spectrum of banking services including payments, lending, and savings to both individuals and SME customers.

YOUR TASK

According to the guidelines and decisions of the Asset Liability Committee (ALCO) and Banksteering function of Fidor Bank AG:

  • Support Build up and Management of the Banks Investment Portfolio:
    • High Quality Liquid Assets (HQLA)
    • Investment Grade Financial and Credit Assets
  • Support Manage Liquidity, Interest and Foreign Exchange risk positions of the Bank
  • Support Develop and manage IRR Hedging of the Banking Book using derivatives
  • Support in cooperation with Banksteering develop optimal hedging strategies and present to the ALCO
  • Monitor market actions and adjust the portfolios accordingly
  • Support Design and maintain the relevant management procedures
  • Develop and maintain good relationships with trading partners
  • Support and carry out implementation of new Treasury FO Infrastructure (i.e. Bloomberg)

YOUR QUALIFICATION

  • Bachelor’s degree in business or mathematical field or related field
  • Excellent knowledge of financial markets instruments, in particular bonds, MM, FX and IRS
  • At least 2 years experience in bond portfolio management or ALM function
  • Very Good understanding of relevant ALM procedures and steering models

WE OFFER:

  • Exciting tasks in an innovative fintech company
  • High influence on the organization of own work processes
  • Outstanding development opportunities for personal further education
  • Above-average, performance-adjusted compensation and targeted bonuses
  • Modern app for lunch refund of up to 97,50 EUR per month
  • FlexTime system for flexible working hours and independent scheduling
  • Independent mobile work for more flexibility
  • 30 days of paid annual leave
  • Fidor Team Spirit – employee events, goal-oriented success strategies, shared visions and plans
  • Office located near the city center

If you think you are up to the challenge, we look forward to receiving your online application with your complete documents and your salary requirement.

Über Fidor Bank AG

Die FIDOR Bank AG ist eine in Deutschland lizensierte internet-basierte Direktbank sowie eine B2B-Bank für innovative Banking und Community Software-Lösungen. Privat- wie Geschäftskunden nutzen das Fidor Smart Girokonto mit seinen klassischen und innovativen Finanz-Apps als Erstbank-Verbindung. B2B-Partner der Bank profitieren über die Banking Middleware Fidor OS von neuartigen Funktionalitäten sowie eine Community Lösung für eine digital affine weltweite Zielgruppe. Die Refinanzierung von B2C und B2B Forderungen für Fintech Firmen und SME Factoring sind ein weiterer Schwerpunkt.
Die international mehrfach ausgezeichnete FIDOR Bank AG bietet ihre Angebote derzeit in Deutschland und UK an und baut ihr internationales Angebot weiter konsequent aus. Unter dem Motto „Mach diese Bank zu Deiner Bank“ bietet die Fidor Bank über eine Reihe von APIs einen einfachen und automatisierten Zugriff auf das Konto. Vor allen Dingen Geschäftskunden erkennen die Vorzüge dieser Vorgehensweise.