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Foreign Exchange Dealer (Treasury)

Salary undisclosed

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RESPONIBILITIES:

  • To conduct money market / FX trades for the bank’s funding positions of all currencies, and ensure full compliance with all relevant policies and procedures.
  • To manage the overall liquidity with money market, certificates of deposit, medium term notes, interest rate derivatives such as IRS and CCS and foreign exchange swap transactions.
  • To monitor closely the currency-pair swap points and its interest rates movement on a daily basis. Conduct arbitrage positions where applicable with the aim to lower the overall cost of funding for the branch.
  • To manage gap position using overnight and term borrowings and placements and ensure strict adherence to all relevant policies and procedures.
  • To manage the cash flow positions of the banking book and ensure that its liquidity is always well maintained and adequately provided.
  • To fund the DBU book for SGD assets and observe strictly the relevant statutory requirements.
  • To monitor and ensure that all the nostro and vostro accounts are adequately funded and guard against nostro account overdraft incident and minimize excess funds in vostro account.
  • To adhere strictly to the power of attorney and the stipulated dealer authorization limits.
  • To actively source for funding channels for the branch with lowering cost of funding objectives.
  • To comply fully with relevant local and Head Office financial markets’ rules and regulations.
  • To establish and maintain cordial interbank counterparty dealing relationship and adhere to financial market regulatory and practices (FMRP) when interacting with them.

REQUIREMENTS:

  • Degree in Economics, Business, Finance, Mathematics and relevant qualifications
  • Minimum 2.5 years of money market or foreign exchange working experience in a financial institution.
  • Mature with good communication skills and must be able to work independently

HOW TO APPLY:

Submit your application by emailing a detailed copy of your updated Resume in MS Word Format to Cesky Ong Zhi Rong (EA Personnel Reg. No. R24121422, Achieve Career Consultant Pte Ltd EA Licence No. 05C3451) by clicking the “Apply Now” or contact Cesky at [email protected] or 9061 0702 for a confidential discussion.