International Markets (IMa) brings together AXA markets in Latin America, Africa, Türkiye, Middle East and Southeast Asia with the determined and exciting ambition to create strong sustainable and profitable growth.
Driven by our culture, International Markets strengthens, energizes and develops innovative solutions and capabilities tailored to the diverse needs of our customers, whilst protecting our reputation, our brand and our balance sheet.
To support this emerging market-oriented business model, AXA IMa offers a multicultural and diverse environment (languages, countries, nationalities) and multiple international career development opportunities.
The area is in charge to lead the management of Financial Risk Management framework across all the IMa entities, adapting when needed to Emerging Markets specificities. Monitoring the accomplishment of AXA Standards and Group requirements. At the same time is responsible to follow-up financial markets, monitoring and managing the key financial risks at IMa level, driving/impacting key business decisions leveraging local opinion as much as possible but giving regional opinion on material risk topics
Primary mission:
- To support the IMa Entities to establish and strengthen the Financial Risk Management frameworks, leading the implementation and/or adaptation of the group frameworks at IMa entities.
- To ensure that a consistent framework is in place to systematically identify, monitor and manage the most significant financial risks trough the IMa Entities.
- To Alert management about new issues and financial risks evolution
- Challenge ALM (Asset Liability Management) and provide 2nd Opinion on ALM studies/optimizations
Main tasks should be:
- Coordinating, supporting, and supervising the proactive identification of main financial risks on regular basis.
- Increasing partnership with IMa entities or other IMa teams by regular participation in Local Investment and ALM committees, Risk Committees, or equivalent Committees.
- Challenge and provide 2nd Opinion on ALM studies/optimizations (Strategic Asset Allocation, Optimal duration-gap, Hedging Strategies and Optimization, etc), including deliver/support local Risk management teams on providing “2nd Opinion” ALM and develop specific tools and methodologies for it.
- Challenge and provide 2nd Opinion on suitable investment strategy and ALM strategy for New Life products – PAP (Product Approval process) related work
- Support the implementation of the AXA Group Risk Appetite framework at IMa entity level (Market risk, Investment risk, Credit risk, Derivatives, Liquidity risk). Adapting when needed, group FRM policies or instructions. Follow-up and consolidation for IMa regional aggregation for RA and breaches management.
- Develop financial models.
- Support Investment Approval Process (IAP) for IMa entities, managing communication and relations with GRM.
- Participate to animate and drive IMa Financial Risk Management Community and ensure information and decision are shared, including regular trainings to local correspondents and management to increase risk awareness.
- Reporting to senior management.
Profile:
Basic background:
Degree in Actuarial Science / Mathematics / Economics.
Masters Degree (Finance), FRM or CFA qualification highly desirable.
Desirable minimum 8-10 years’ experience in FRM (Financial Risk Management) or ALM topic’s within consultancy, banks or insurance company.
Understanding of insurance, risk management, ALM and mitigation controls
Desirable modelling experience in Liabilities and Assets.
Technical Skills:
Good knowledge of financial markets and instrument valuation (i.e. assets/derivatives etc…).
Office suite: Excel (VBA), Power Point, Projection Tools knowledge: Moses/Prophet. Good knowledge of databases.
Understanding of Life Actuarial topic’s, reinsurance business knowledge and Reinsurance Credit risk desirable.
Personal capabilities:
Strong networking capability and influence
Good “time keeper”
Results oriented
Ability to fix priorities and to make synthesis
Open minded to international environment
Team worker sense
Strong experience in managing relationships within a global company
Strong experience in strategic, critical, and analytical thinking and pragmatic problem solving
In AXA we value diversity and we work for equal opportunities and to make that everyone feels respected and included
