NOTA BENE:    September 5th, 2010.

        Given the recent market jitters, the 'flash crash of 1000 points' of  May 6th,  along with Dow Jones' hovering at 10,000,  our clients- the foreign banks, alongside their American counterparts, have viewed the market ( most particularly its employment component)  rather cautiously. 

       Despite this, after having concluded one of very few searches in 2010  (mentioned on page 1),  we do wish to convey to those on the down side of the employment market  that, given the right qualifications and a degree of employment stability, opportunities seem to present themselves once again.

       Having just associated the 'M.D. Derivatives Structuring' with  one of the top ten banks globally, we are currently based in Geneva,  Switzerland,  conducting the following searches:

       'DIRECTOR DERIVATIVES SUPPORT STAFF':   background needed requires a minimum of five years experience in structuring exotic derivatives, interacting with other traders, possessing  'Monte Carlo' structuring skills,  along with an excellent educational background. A Ph.D. in Derivatives from a European university is of great interest.  While the salary will be dependent on experience, it is generous,  and will include relocation expenses, if needed, along with bonus compensation. Knowledge of German is highly desirable.

         "MANAGING DIRECTOR, ECONOMETRICS"  requires a minimum of 7-10 years experience and an advanced degree in Economics from a prestigious university. Although our client, a supranational European bank is not based in Germany, this employment contract is offered on the 'Kurzarbeit' principle (at the Bank's European Headqurters).

          The suitable candidate will be in a lead-advisory capacity, interacting both with senior management and other economists. Principally this position offers the opportunity to consider various business/merger options in the market-place and write econometric analyses respectively. Expertise in the field of Industrial Organization and extensive expertise in both qualitative and applicative  microeconomics are of great interest. Compensation will depend upon experience.

        Inquiries (by potential candidates only) to dd@interlangue.com  or  via New York at (212) 687-5050.

         Having weathered a variety of other storms, we are encouraged by the sizeable package the EU and the US have put together recently ( close to U.S. $ 1 trillion ) for the rescue of EU countries at risk,. This may well help the U.S. employment market, who is somewhat less active than other main financial marketplaces in Europe and elsewhere.

         We are also quite encouraged by the recent activity in what has proven to be one of the most volatile areas of banking:  derivatives trading.

Below we have listed some of the types of assignments we have looked at previously:

                SECIALTY  FINANCE : TRADE, COGENERATION OR LEVERAGED

                                                         FINANCE &

                      FX and MM (Interest Rate, Derivs)  TRADING

      VICE PRESIDENT MM - PROPRIETARY TRADING........$225,000 per annum

Our client is a well-established European institution, with a global trading presence.

We are currently engaged in a search for an individual with a minimum of 3 years experience, able to trade the yield curve up to two years.

Reporting directly to the Treasurer,  the successful candidate will have a base salary of $150K per annum,  and a performance-based bonus (up to 100%)

Contact us at :  DD@INTERLANGUE.COM

OR via telephone at (212) 687-5050

                                       SENIOR VICE PRESIDENT, RISK CONTROL

On behalf of a 'triple-AAA' rated European bank, we have just been retained to  conduct a search for a senior RISK CONTROL OFFICER to oversee mainly the bank's VaR  and market positions. The bank's product line includes swaps, swapstions, caps, floors, et al.

Knowledge of RORAC and KMV is a must.

The successful candidate will have a minimum of seven years experience with a well-respected investment bank,  or the merchant banking arm of a commercial bank. A graduate degree in mathematics or MBA is required;  knowledge of a Western European language is a great plus.

For the successful candidate, compensation (comprised of salary base and bonus), is in the low seven figures.

Contact Danelle Dann:    dd@interlangue.com

Kindly reply ONLY  if the background matches the criteria described above.

Searches we have concluded recently:

Manager Derivatives, Fixed-Income

Manager Corporate Finance with emphasis on specialty lending

Manager Credit

Trader FX, Hedge Fund

EVP GENERAL MANAGER of a full branch in New York. Total bank assets $200bn.

In-House Council

Our client base has expanded to include searches from the corporate sector. One such search is:

Assistant Treasurer of a Fortune 750 company. An MBA and a minimum of 10 years in a similar post are required.

The salary will be commensurate with the experience.  

resent resume (resumes@interlangue.com)                     

OTHER PREVIOUS ASSIGNMENTS ( as of now on-hold for an unspecified period of time: March 15th, 2010 ):                                                        

The Federal Reserve Board had issued three "Approvals of Proposal" to banks with an interest in establishing a presence in the United States, be it at the Agency or Full Branch levels respectively;  given the international situation, plans for the above have been postponed.

The strength of our firm is working with the newly arrived  banks in New York and executing the first strategic hires for their respective business plans:  we hope to be in a position to do so again before too long.

At this time we are only tentatively preparing for the new banks by presenting them with resumes they have requested on an exploratory basis only:    said backgrounds must show  10- 15 years experience in the following fields:

          Fixed-income Derivatives

         Corporate Finance Fortune 1000/Relationship Management

         Trading in CMO/Synthetic/Euro-denominated products (Pfandbriefe)

         Risk Management responsible for internal and external reporting: NYSBD, FRB

Other assignments, calling for experience of 4-7 years are in the areas of:

        Controller, CPA

        Middle Office Risk Management with a background in Operations

As with all new European  banks opening in New York, a traditional European language will always offer an added advantage.

The compensation for these assignments will be dependent on two factors: experience and the current overall status of the local economy (i.e. post 9/11/2001)

     Telephone: (212) 687-5050                 Telefax: (212) 687-4645

      PRESENT RESUME HERE (PRESENT RESUME)

                         ABOUT OUR PREVIOUS WORK:

Searches concluded prior to the current market conditions are listed below:

 

-Executive Vice President and General Manager - New York Branch -SVP and Manager Corporate Finance -SVP and Manager Treasury, Director ALCO -VP and Manager Derivatives Trading -SVP - MANAGER RAROC -V.P. - Middle Office Risk Manager   -Senior Trader - Fixed Income Derivatives   -Junior Trader - Short Term Fixed Income Futures

 

Additional  data about the above listed assignments such as size of New York Branch staff or size of balance sheet (in US$ bn) are available upon request.( request.)

While our clients reach a decision, The Interlangue Group offers interim management candidacies as a courtesy to our clients.