R0191060-CFO-Treasury - Treasury Portfolio Management Trader, Treasury Markets and Investment (TMI)

Details of the Division and Team:

Treasury is part of the Finance division with the Group Treasurer reporting to the Group CFO. The function is responsible for the sourcing, management and optimisation of liquidity and capital to deliver high-value risk management decisions. This is underpinned by a best-in-class risk framework that enables Treasury to identify the Bank's resource demands, set incentives by allocating resource costs to businesses and manage to evolving regulation.

Treasury's mandate, which encompasses the Bank's funding strategy, Asset and Liability management (ALM) and management of liquidity reserves, supports businesses in delivering on their strategic targets at global and local level. Treasury manages the optimization of all financial resources to implement the group's strategic objective and maximize long-term return on shareholders' equity. The Group Treasurer is based in London and the Treasury function operates across the globe with major hubs in Frankfurt, London, Singapore and New York.

You can expect:

• Flexible benefits plan including virtual doctor consultation services
• Comprehensive leave benefits
• Gender Neutral Parental Leave
• Flexible working arrangements
• 25 days of annual paid leave, plus public holiday and flexible working arrangements

Your key responsibilities:

• The successful candidate will be part of the Treasury Markets and Investments Pool team within the APAC region.

Key Responsibilities:

Based in Singapore, the candidate will be responsible for:

• Devising strategies and tactical measures to optimise funding, including management of the liquidity pool and associated risks. Where relevant, they may develop and execute risk management strategies and manage risks within authorised limits.
• Managing the Bank's daily liquidity pool funding and cash management in line with the risk appetite (e.g. market, credit and liquidity risk limits) via external unsecured funding, inter-branch funding, central bank open market operations and daily central bank placement
• Supporting regional funding strategies and overall treasury risk management. The candidate will be responsible for selected funding portfolios and be measured against the relevant performance targets set by the division. Where applicable, the Trader will have responsibility for meeting internal revenue benchmarks, actively managing their trading positions within the authorised trading/risk limits, monitoring Limit utilisation and for ensuring accurate trade capture in line with applicable policies.
• Where applicable, issuing and raising unsecured, stress-compliant liquidity via external market / clients (communication, coordination with Sales)
• Managing collateral and statutory reserve portfolios (e.g., held as T-bills, bonds, central bank cash etc)
• Managing mismatches in term profile of assets and liabilities in the local liquidity pool, including hedging interest rate risk in pool and collateral portfolio, in accordance with Treasury governing principles for transfer pricing and liquidity risk
• Updating and applying internal transfer prices i.e., daily bid and offer curves across all currencies and tenors
• Liaising with and communicating transfer pricing methodologies and transaction specific funding charges to businesses, taking account of local specifics vs. global
• Knowledge of stress testing methodologies, and scenario analysis, calculation of adjustments/reserves, for the effective management of capital and liquidity positions, in line with the bank's policies and regulatory requirements.
• Understanding of key Capital and Liquidity regulations (Liquidity Stress Testing, LCR, NSFR, SLS, CFP) impacting banks
• Knowledge of management of risk in the banking book through various hedging instruments with a focus on minimisation of Treasury RWA and CRD4 (while maximising NII).
• Assisting businesses in achieving their objectives within the Bank's risk management framework

Your skills and experience:

• 7+ years of relevant experience in a Treasury trading or Global Markets trading / risk management experience.
• Demonstrate strong understanding of Financial Markets & Treasury products and systems (covering bonds, FX, cash and derivatives products) to manage the bank's overall liquidity position, regulatory environment which bank treasury operates under
• Experience in managing money market & derivatives products, covering local currencies and/or key global currencies
• Possess a strong control mind-set and ability to risk manage across multiple currencies and products
• Ability to meet the challenges presented by a fast paced, constantly changing work environment

Role is required to be performed on-site at One Raffles Quay office. Relevant vaccination requirement applies.

How we'll support you:

• Flexible working to assist you balance your personal priorities
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs
• Training and development to help you excel in your career