C for Capital management

 

  1. Strategic goal of the department

    The Group Treasury & Capital Management department is responsible for managing the liquidity of Vienna Insurance Group AG and for planning and designing capital raising and capital management, including the execution of its own capital market transactions. 
    We manage Vienna Insurance Group AG's portfolio of subordinated capital bonds and other debt instruments. In this context, we maintain contact with international investment banks and coordinate the rating process with the S&P rating agency. 
    The department's tasks also include monitoring the capital structure and capital efficiency of the Group companies as well as fostering a sustainable capital allocation within the group, with the aim of achieving a well-balance between profitability and stability.

  2. Core taks:
    • Regular reporting of the liquidity and cash flow of Vienna Insurance Group AG, as well as organizing the holding company's liquidity committee
    • Execution of its own capital market transactions (emission or repayment), and analysis with respect to their effects on VIG's solvency and rating
    • Coordination of the rating process with the rating agency S&P
    • Implementation of integrated capital and liquidity management considering different metrices and scenarios
    • Regular analysis of the cost of capital and the capital structure
    • Fostering a sustainable capital allocation within the group 
  3. Daily Business:
    • Supporting local VIG Group companies on issues related to liquidity.
    • Maintaining relationship with international investment banks
    • Preparation of reports for the Managing Board and Supervisory Board on liquidity, capital and financing issues
    • Evaluations and preparation of recommendations for action on the development of Group companies in the event of risks
    • Preparation and drafting of ad hoc analyses in the area of liquidity and/or capital management
    • Exchange of information on rating agendas with the VIG divisions involved and the rating agency

Key Qualifications

  • Degree in economics or mathematics
  • Experience in risk management, asset management or capital markets an advantage
  • Understanding of statutory regulatory requirements an advantage
  • Understanding of aggregation and consolidation effects at group level
  • Analytical thinking, accuracy and an excellent understanding of numbers
  • Ability to work in a team, solution-oriented approach and stress resistance
  • Excellent written and spoken English
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