Expatriation Luxembourg - Treasury Associate

Hi itubers!

The expatriation program is one of the international mobility programs and it is a strategic initiative to develop our employees and the business through an international experience.

Itaú BBA Europe is a banking subsidiary of Itaú Group, the largest banking institution in Brazil and in Latin America. We believe that talent and innovation flourish in a diverse and inclusive environment, so we are a Bank driven by diverse people, committed to generating value for our customers and our society. We want our employees, the Itubers, to feel welcomed to bring as much of their true selves to work as they like.

Therefore, we encourage all candidates to apply regardless of gender, race, disability, sexual orientation, and any other characteristic that could be subject to discrimination.

Our core values are:

• We don’t have all the answers

• We have each other’s back

• We treasure diversity

• We are driven by results

• We put the client first

• We make choices and decisions

• Ethics are non-negotiable

We are in constant transformation and looking for a self-motivated, proactive, and flexible Treasury Associate to join our Treasury team in Luxembourg.

We currently have an opportunity to work in Luxembourg as Treasury Associate

The Treasury Team centralize the structural risks originated by the core business of the Bank’s activities and perform tasks such as:

- Analyzing Liquidity requirement driven by regulatory metrics as well as internal risk appetite and managing the daily cash position of the Bank;

- Managing the internal Funds Transfer Pricing framework to adequately reflect the profitability of each business area;

- Managing the Surplus liquidity to enhance profitability which is consistent with the risk appetite and long-term liquidity needs; and

- Managing the Interest rate risk and Currency risk of the balance sheet;

We are looking for an enthusiastic, open-minded, collaborative, and detail-oriented individual to fill a dynamic role within our Treasury Team.

Your Key Responsibilities would include (but would not be limited to) the following:

- Managing the internal Funds Transfer Pricing framework and providing timely pricing to all the business areas;

- Monitoring account balances and daily cash management and analyzing liquidity requirements driven by regulatory metrics (LCR, NSFR and ILAAP) and warning Indicators defined within the Liquidity framework.

- Timely execution of money market transactions adhering to strict cut-off times for corporate and Institutional stakeholders.

- Managing multi-currency cash positions of the Bank and executing the necessary rebalancing transaction;

- Liaising with internal and external stakeholders on all payment matters;

- Monitoring Bank credit limits utilization and managing relationships with counterparts;

- Executing hedge transactions to manage the Interest Rate and Foreign Exchange Risks of the Bank balance sheet;

- Suggesting and implementing optimization strategies to enhance the Bank’s liquidity surplus;

- Supporting the preparation of management information packs and bringing market intelligence to the decision-making process;

- Updating the area’s live documents, Funds transfer Pricing policy, Treasury Procedures manual, and guaranteeing compliance with documents governance; and

- Assisting in projects where the team is involved including internal process enhancements.

What do we expect from you?

• At least Coordinator level is required
• At least 1 year of experience in the Itau Bank
• Organised with an ability to excel in a fast-paced environment;
• A strong team player;
• Excellent oral and written communication skills;
• Organised with an ability to excel in a fast-paced environment;
• A strong team player;
• Excellent oral and written communication skills
• Fluent in both Portuguese and English
• Proficient with Microsoft Excel, PowerPoint, and have data management skills
• Customer service oriented and able to work under pressure
• Able to learn new systems and processes quickly

Benefits

• Expatriation Contract;
• Competitive compensation with eligibility for discretionary variable remuneration;
• Robust health insurance coverage;
• Hybrid work;
• A dynamic, fast-paced, challenging and international working environment;
• Development and growth opportunities to support you in your career;

Oportunidades sem fronteiras!

Seja bem-vindo a nossa plataforma de Oportunidades de Expatriação.

A Expatriação é um movimento de longo prazo em que você atuará em uma das unidades da América do Sul, EUA ou Europa.

Com a Mobilidade Internacional buscamos fomentar o mindset global, intensificar, expandir trocas de conhecimentos & boas práticas, levar nossa cultura, desenvolver nossos colaboradores em ambientes diversos de culturas e mercados diferentes. 

Durante uma expatriação você atuará em posições estratégias de interesse do banco para desenvolvimento de colaboradores e gerará sinergia entre negócios e países.

As experiências podem durar de 1 a 5 anos, e alguns requisitos são necessários para inscrição.

Dentro das oportunidades de expatriação, significam que você será contratado e a remuneração será paga pelo país anfitrião.

Você permanecerá como funcionário do Itaú Brasil para fins legais.

Informações sobre remuneração e salário serão explicadas aos candidatos em determinada etapa do processo seletivo.

Se quiser mais detalhes, veja os materiais disponíveis nesse link.

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