Head of ALM and Investment Risk - Switzerland & France

Overview

Within the Group Chief Investment Office function, we are looking for a talented and proactive resource to lead the Switzerland & France regions as part of the Group ALM and Investment Risk Assessment, within the Global Investment Management function.

This role is responsible for leading and coordinating ALM and Investment Risk activities across the region, ensuring alignment with business objectives, regulatory requirements, and risk tolerances frameworks. The perimeter has combined insurance assets for > 100bn euro. The job holder can be based both in Milan or Trieste.

Key responsibilities

• Lead ALM & Investment Risk unit for Switzerland and France, performing ALM and Investment risk activities, ensuring alignment with Group policies, strategic priorities and local business needs, coordinating also the respective resources sitting in the countries.
• Support the Strategic Asset Allocation (SAA) process, providing key strategic drivers, targets and constraints at portfolio level.
• Support the product development process from an investment perspective, ensuring asset allocation, financial assumptions, and liquidity considerations are appropriately integrated for new insurance products with a savings component.
• Ensure proper execution of first level risk controls at local level, identifying and implementing corrective actions when necessary.
• Collaborate with Group and local CFO, CIO, and CRO functions to ensure consistency in ALM methodologies and investment risk frameworks.
• Act as a key point of contact for ALM and Investment Risk topics within the region, facilitating knowledge sharing and best practices across different entities.