Senior Investment Solutions Manager

ABOUT AXA

Whatever their stage of life, we provide over 108 million customers with the products and services they need to progress. From insurance to personal protection, and savings to wealth management, no matter the need we’re always there for them. And we’re always there for our employees. In 50 countries, we work hard to inspire pride and a sense of belonging in our people. To provide opportunities that challenge them, inspire them, and reward them. And to create a culture that’s open, supportive, and empowering. Because we know that’s the real secret to success – and the best way for us to keep building a better world for both our customers and the talented people who put them first.

Your work environment:

The headquarters of the AXA Group (GIE AXA) brings together our corporate activities. It provides guidance and support to subsidiaries around the world, to ensure the coordination and monitoring of the Group's global strategy, the application of its standards, the consistency of commercial approaches and the sharing of best practices. The headquarters gathers approximately 1000 employees and is distinguished by its strong international culture (45 nationalities), which makes it a rich and stimulating place to work.

Within the Group, you will join Group Investment & Asset-Liability Management (“GIA”) department. GIA role is to consolidate local investment decisions, leverage on financial expertise through the Group and steer investment ideas. The team works in close collaboration with AXA’s worldwide investment teams and top-tier investment managers, including AXA IM, to deploy capital across various asset classes.

Within this Department, you will be part of the Group Investment Solutions team (“GIS”). GIS mission is to design, analyze, select, validate and coordinate deployment of investment & hedging solutions, mostly derivatives based, on the balance sheet of AXA insurance entities to optimize investments performance adjusted by risk, measured under economic, accounting and regulatory metrics.

Your Main Mission:

1. Designing hedging strategies and solutions to protect balance-sheet and optimize economic capital, taking into account market, accounting and regulatory constraints.
2. Foster global relationship with key bank partners, organise regular meetings with key investment banks to discuss both market views and trade ideas, understand market trends and new regulations impacting banks, review trading activities with banks.
3. Lead global oversight of derivatives activities and contribute to further optimize organization of trading services.
4. Ensure transparency in the OTC derivatives execution process, monitor Best Execution and define clear communication channels with trading teams regarding execution conditions.
5. Review Derivatives platform activity, quality of services, KPIs, incidents, sub-outsourcing.
6. Lead Derivatives Committees, define agenda and review presentations ahead of meetings, identify strategic decisions related to Derivatives framework to be approved by the Committee.
7. Monitor changes in derivatives regulatory requirements, industry best practices, or evolving risk management standards.
8. Define Derivatives annual budget based on expected level of activity and correlated sizing of the team.
9. Conduct periodic independent Due Diligences of derivatives activities and operational set up to ensure compliance with agreed-upon level of services and risk management standards.
10. Review and rationalize Global Custody services across local entities.

Let’s talk about you:

Technical skills:

1. Strong quantitative skills to understand complex Derivatives instruments.
2. Strong experience in Derivatives, covering all aspects (markets, structuring, pricing, accounting treatment, legal and regulatory).
3. Communication skills required to interact with a high number of different stakeholders and in different countries.
4. Ability to take risk, express convictions and weight on decision making.

Soft skills:

1. Strong presentation skills required to present complex topics to management.
2. Ability to work in high pressure, deadline environment.
3. Rigor, determination, and teamwork required to advance on mid/ long term projects.

Experience:

The targeted background includes:

1. Masters degree in Engineering, Economics, Finance or Business.
2. Over 7 years of relevant experience in cross-asset derivatives in investment banking, asset-management, or treasury departments.
3. Fluency in written and spoken English: a pre-requisite.