Founded in 1856, Banque Internationale à Luxembourg is the oldest multi-business bank in the Grand Duchy. From its foundation, the BIL has always played an active role in the development of the Luxembourg economy. It currently operates in retail, private and corporate banking, as well as on major capital markets. Employing more than 2 000 people, BIL is present in the financial hotspots that are Luxembourg, Switzerland, and China.
As a major player in Luxembourg's finance industry and as a signatory of the UN Principles of Responsible Banking, BIL is committed to handing over a responsible and sustainable bank to future generations.
Your next challenge:
- Handle Derivatives (listed and OTC), structured products, Forex and Money market back-office activities;
- Work in direct contact with our Front-office and ensure trade control and validation. Ensure archiving of framework agreements with OTC counterparties (ISDA, CSA, PRDR…);
- Ensure completeness of trades related data for the daily EMIR report (confirmations management and UTIs).
- Control of the accuracy of derivatives trades, ad hoc enrichment and validation in the accounting core system;
- Reconciliation of BIL issuances
- Validation and control of tailor-made structured products issued by BIL and ensure coupon payments to the clients;
- Input Unique Trades Identifiers when required;
- Perform automatic payments via our core system or manual payments via swift;
- Follow physical-delivery settlements;
- Collateral management;
- Follow up on trades confirmations according to EMIR risk mitigation techniques;
- Operational support for front-office, private banking, internal control and project managers.
Your skills:
- Fluency in French or English, both are considered as an advantage;
- An experience of 3 years in the concerned domain is required
- University degree in finance or management;
- Good Knowledge of derivative products is a must;
- Former experience (or daily exposure) to derivatives is a big plus;
- Swift literate (MT202/210/300/320/330/541/543/305/600/601);
- Knowledge of SwiftAlliance would be a strong asset
- Team spirit and open-mindedness;
- Stress resilient and ability to work autonomously;
- Positive and constructive mindset;
BIL offers a broad range of challenging projects and a huge choice of career paths .We will assist you in finding the one that best meets your skills and expectations. Your personal development is our priority and we greatly encourage you to dive into different business areas for the broadest possible experience.
BIL is firmly of the opinion that diversity & inclusion contribute towards increasing the collective performance of the Bank. We are committed to creating a culture of inclusion that encourages individual development with equal opportunities for all.
NB: The selected candidate will be asked to provide an extract from the criminal record (no.3) as evidence of integrity and justified with regard to the specific needs of the position to be filled.
