Our client, an established national bank, is seeking an experienced Corporate Treasury Sales Dealer.
Job Purpose Summary:
The incumbent will be responsible for the smooth operation and profitability of the Treasury Department. Manage and execute foreign currency and interest rate exposures for both the branch and clients. Raise liquidity and manage Asset Liability Management (ALM) for the branch. Develop new business strategies, pipelines, and opportunities. Adhere to all statutory and regulatory reserve requirements.
Essential Duties & Responsibilities by Dimensions:
A. Shareholder & Financial:
- Ensure the achievement of Key Performance Indicators (KPIs) and objectives set by the Business Unit.
- Analysis of funding requirements, and cash flow forecast, ensure smooth liquidity management while keeping the Cost of Funds optimal.
- Ensure Branch is self-funded.
- Responsible for branch money market transactions, funding of AMR and MLA, certificate of deposit (CD) issuance, bond issuance, SG Bills, MAS Bills, and financing strategy.
- Establish and execute sales strategies and development.
- Observe delegated limits, code of conduct and SLA framework.
- Close communication with HO, relevant Business Departments, Stakeholders and Senior Management.
- Active participant in branch ALCO.
B. Customer (Internal & External):
- Provide timely and accurate information to the external and internal Auditors, Compliance, Financial Control, and Risk Functions when required.
- Communicate with HO and internal stakeholders before determining net funding.
- Work with Corporate Banking and Trade Finance departments on customer financing and with Operation teams on settlement concerns.
C. Internal (Processes, Products, Regulatory):
- Strict compliance of delegated responsibilities assigned for dealing room operations
- Review all regulatory limits and ensure policy framework intact
- Review and revise dealing room guidelines and framework when appropriate with guidance from Head Office
- Update policies and manuals on regulatory changes and directives from Head Office
- Observe and follow the code of ethics / conduct / integrity and ensure compliance of regulatory requirements
- Discuss and report market developments and dealing room situations to Senior Management on periodic basis
D. Learning & Knowledge:
- Monitors performance of team members. Show leadership by setting good example and guidance to draw out the best in the team.
- Identify related areas for professional development of self and all direct reports.
E. Legal, Regulatory and Risk Framework Responsibilities:
- Comply with all applicable legal, regulatory and internal compliance requirements including, but not limited to, the bank's Country Compliance manual; Group Compliance Policies and Procedures (Anti Money Laundering & Counter Terrorist Financing, Sanctions Policy, Data Protection Policy, Fraud Control Policy, Whistle Blowing Policy, Conflict of Interest and Insider Dealing Policy).
- In accordance with the Branch Governance manual, contribute to and comply with the Branch’s Risk Framework, consider Risk Appetite and promote a positive Risk Culture:
- Understand and effectively perform your role under the Three Lines of Defence principle to identify, measure, monitor, manage and report risks.
- Ensure systematic good outcomes for clients in accordance with Conduct Risk policy.
- Support the framework of RCSA, KRI, Incident reporting and remediation, as appropriate, in accordance with the Operational Risk Management requirements.
- Maintain appropriate knowledge to ensure to be fully qualified to undertake the role. Complete all mandatory training provided by the Bank, attain and maintain the required levels of competence.
- Attend mandatory (internal and external) seminars as instructed by the Bank.
F. Other:
- Ensuring high standards of data protection and confidentiality to safeguard commercially sensitive information.
- Maintain utmost confidentiality with regard to customer and internal bank information obtained during the course of business and provide such information on a need-to-know basis only to Senior Management of the bank, Audit and Compliance functions, and relevant Regulators.
- Maintains high professional standards to uphold the bank's reputation and strengthen its market leadership position.
- All other ad hoc duties and/or activities related to the bank that management may request of the employee from time to time.
Education/Experience Requirements:
- Bachelors Degree in Business, Finance, Marketing, Mathematics or Economics (Related field of study).
- MBA, CFA, or related professional certification is a plus.
- 8-10 years of banking experience with at least 4 years or more, Treasury Sales experience
To be considered, please send your CV to [email protected].
