Thursday, 11 July 2013

GB JOBS: ALM Liquidity Dealer at Standard Chartered Bank

Standard Chartered PLC is a leading international bank, listed on the London, Hong Kong and Mumbai stock exchanges. It has operated for over 150 years in some of the world's most dynamic markets and earns more than 90 per cent of its income and profits in
Asia, Africa and the Middle East. This geographic focus and commitment to developing deep relationships with clients and customers has driven the Bank's growth in recent years. 

Job Description
The main responsibility of this role is the management of the liquidity profile of the natural Balance Sheet of the bank.

The job is to raise and deploy liquidity to ensure the bank is in a position to meet all its obligations as they fall due (intra-day and inter-day); to meet all regulatory requirements; to diversify the deposit base in a prudent manner; to pre-empt times of surplus and tight liquidity and to produce a curve reflective of the Banks marginal cost of liquidity.

Key Roles & Responsibilities

1. Estimate and plan for the internal funding and deposit taking requirements of other units of the Bank
2. Meet all funding and deposit taking requirements whilst maintaining regulatory, stress and prudent liquidity requirements
3. Operate within ALMs liquidity limits
4. Produce daily yield curves for the Banks marginal cost of funding in local and major foreign currencies, fixed and floating rates, for funds transfer from or to the rest of the Bank
5. Forecasting Risk Weighted Asset (RWA) usage
6. Understand and be able to act on the Country Liquidity Contigency Plan
7. Money Laundering Prevention

Qualifications & Skills

1. At least 10 years experience of money markets, payments systems and banking
2. Highly numerate and fast thinking
3. A good understanding of cash, bond and derivative markets, with an emphasis on details and anticipation
4. Ability to build and maintain good relationships with internal and external partners
5. Ability to spot funding, liquidity and arbitrage opportunities within cash markets
6. A high degree of complexity to balance the funding and placement requirements cross-currency and cross business units in real time
7. A high degreee of judgement in actions to ensure a prudent liquidity position without incurring undue cost, whilst erring at all times on the side of caution

In compliance with the National Youth Service Corps (NYSC) Act of 2004, all applicants should ensure that they have completed the mandatory NYSC programme. A discharge certificate will be required as evidence of completion of the programme. Where an exemption has been granted, a certificate of exemption will also be required.

Diversity & Inclusion

Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.


APPLY HERE

Disclaimer: Note that We make every effort to verify the authenticity of Our job posts, We're in no way affiliated to any of the companies whose vacancies We publish. However, We assure you that most of them (if not all) are authentic. Our advice for you is never to pay any amount of money to any recruiter.

Click below to Share this with your Friends


No comments: