Job Description: GE Treasury team is responsible for global funding, cash
and foreign exchange management, and other treasury services for all of GE’s
worldwide operations. Almost all of GE’s debt is issued through GE Capital to
support its financial services businesses. We fund ourselves through the issuance
of long term debt, commercial paper, CDs and bank deposits, and other debt
products as well.
Essential Responsibilities:
• Oversee the calculation, compilation and publication of daily credit
exposure reports. Ensure exposure reports and analyses align with other
Treasury functions
• Perform fundamental credit analysis on financial institutions, money
market funds, high-grade corporates and sovereigns
• Perform on-going monitoring of counterparty and issuer creditworthiness.
Lead mitigation efforts for “at risk” parties
• Lead initiatives to ensure that credit exposures are transparent, appropriate
and in line with management risk tolerances
• Propose limits based on risk-return considerations. Monitor compliance
with policies, limits and diversification requirements
• Work closely with cross-functional team members to diversify and mitigate
credit risk exposures
• Coordinate firm-wide global exposure limits and utilization of limits for
financial institutions
• Oversee the use of and enhance risk-return, optimization, investment risk,
derivative counterparty credit risk, and liquidity models
Qualifications/Requirements:
• Masters in Finance/MBA
• 10+ years’ experience in financial risk/credit research
• Experience working with risk, derivatives and quantitative modeling
• Extensive experience with counterparty and investment credit risk
modeling, measurement and management required
• Strong analytical and modeling skills. Ability to design and create analytical
models with limited assistance
• GE will only employ those who are legally authorized to work.
Any offer of employment is conditioned upon the successful completion
of a background investigation and drug screen
Desired Characteristics:
• Background in and familiarity with structured investment (e.g., CMBS,
RMBS) modeling a plus
• CFA and/or FRM Certification a plus
• Strong detail orientation and research skills
• Strong understanding of market dynamics and their effect on risk
exposures
• Familiarity with risk management techniques, such as: VaR, PFE,
sensitivity analysis, stress testing
• Strong knowledge of research and news tools, such as Bloomberg
• Executive presence. Ability to work well with colleagues at every level of
the organization
YOU MUST BE ABLE TO SATISFY THE REQUIREMENTS OF
SECTION 19 OF THE FEDERAL DEPOSIT INSURANCE ACT.
CAREER CENtER
IARCS Hong Kong and China has grown substantially and provides three core
services; Internal Audit, Risk Management and Corporate Governance. Clients
include global multi-nationals in a range of industries including financial services, consumer markets, industrial markets, information, communications and
entertainment and infrastructure. This role will be particularly attractive to those
who: have experience or knowledge in risk based auditing, experience in advising management on ways to improve performance and controls and those who
would like to travel.
RESPONSIBILITIES
Demonstrating a detailed understanding of how current and emerging legal,
regulatory, governance, auditing, accounting and financial reporting standards
affect clients • Undertaking KPMG's risk management and client acceptance and
continuance procedures • Keep up to date with industry specific issues and circumstances • Identifying and evaluating clients' goals and strategic objectives
in the context of their operating environment • Developing audit strategies which
address all audit, client service and project management issues, in accordance
with the KPMG internal audit methodology (KMAP) • Establishing critical audit
objectives and setting out the detailed audit approach to them • Ensuring the
audit documentation reflects appropriate business understanding, the audit
strategy, and evidence to support findings and recommendations • Reviewing
the evaluation of internal controls and identifying any implications • Identifying,
researching and helping to resolve all complex audit issues • Retaining management responsibility for a portfolio of clients, maintaining relationships with
senior client staff and accepting responsibility for the financial performance of
these accounts • Ensuring work in progress is monitored and controlled and
fees are raised promptly • Able to spot and exploit additional fee billing possibilities • Planning and allocating staff resources to fulfill business requirements
• Setting objectives with the team, providing support and coaching to more
junior staff • Assisting partners in general business development
JOB REQUIREMENTS
A minimum of 5 years internal audit and/or risk management experience in the
financial services industry or professional services firm. • Qualified CIA, HKICPA,
ACCA, AICPA or equivalent • Strong leadership and communication skills •
Excellent reporting skills, ability and willingness to think ‘outside the box’ and
commercial awareness • Client service oriented and accustomed to taking a
pro-active approach • Excellent written and verbal communication skills in
English language • Travelling is required for cross-border assignments
