Deadline for application: 26 September 2021
We are looking for an experienced ALM Officer to assess and manage structural risks. The selected person will report to the Head of ALM and Financial Structuring.
The ALM and Financial Structuring team monitors, manages, and reports the structural risks (IR, liquidity, FX) generated by EFSF/ESM activities on & off balance sheet; it also performs the cash management function (daily forecasts and recommendations to the treasury function). In this role, the experienced ALM Officer will assess and manage structural risks related to EFSF/ESM balance sheet mismatches, especially liquidity gaps, propose strategies to mitigate them, and participate in relevant management activities.
The ESM is the permanent crisis resolution mechanism for euro area countries. It provides financial assistance to Members facing financing difficulties. European leaders have agreed to an expanded mandate for the ESM, which it will implement in the years ahead. The ESM will have a stronger role in the analysis of financial stability risks and design of policy measures in programmes, jointly with the European Commission; it will provide the Single Resolution Board with a financial backstop to support effective and orderly resolution of banks.
The ESM is a unique place to work with around 220 individuals committed to making a difference to the future of the euro area. It recruits talented professionals from every nationality from both the private and public sector.
Contract duration: Two-to three-year fixed term contract, with the possibility of extension.
The ESM aims to provide equal opportunity to all candidates irrespective of their gender, nationality, age, race, culture, education, religious beliefs, sexual orientation or disability. To further enhance the diversity of our workforce, we particularly encourage women to apply.