Primary Objectives;
- To grow and boost Treasury’s Revenue and Franchise growth
- Networking with Correspondent Banks to identify business opportunities, and to promote cross referral businesses.
- Market to foreign/domestic correspondent banks to grow Treasury’s business/product lines
- Management of Correspondent Banking Relationship including Nostro/Vostro Accounts
- To assist Group FI in Singapore Branch’s FI relationship with Global Banks
- To assist Treasury in building relationship to obtain stable funding
- To provide new FI solutions/products to Treasury/Branch
- To conduct initial and regular due diligence/AML/Related/Connected Party screenings for Treasury’s FI/NBFI/vendors
- To manage/maintain Treasury’s static data in systems (as assign)
- Any other ad-hoc duties or projects as assigned by Head of Treasury
Key Responsibilities;
FI Relationship Management
- Manage FI Relationship & promote Treasury products & cross referral business to gain incremental revenue income
- Conduct meetings and discuss with FI/NBFI relationship managers for prospective business opportunities
- Establish close relationship and improve counterparty networking to obtain sufficient Treasury lines
- To provide new FI products/solutions for Treasury/Branch
- To liaise with GFI in establishment of RMA/banking lines
- Manage issues relating to FATCA CRS, Audit & Compliance
Financial Perspective
- Explore and market to banks globally to setup partnership to boost Treasury and HO’s business opportunities
- Cross sell of existing Treasury/FI Products to generate and increase revenue
- Identify opportunities with agent banks to target business growth
- Support the Department/Division Head in the delivery of banking services to meet the Department/Division’s revenue targets.
FI Support and Advisory
- Provide support /advisory role Treasury and Branch on queries relating to international FI business
- Provide FI solutions and support from agent banks for their international payment, trade and treasury support requirements
Customers / Client Coverage
- Build and maintain effective relationships with correspondent banks/NBFIs to understand their needs in order to provide a high quality of service.
- Build new relationships and identify new target markets to grow Treasury and GFI’s services/products
- Develop and maintain strong stakeholder management with key stakeholders both internally and externally
- Negotiate with correspondent banks on matters with regards to services fees and pricing, as well as seek solutions to finalize new/potential business transactions.
