Job Purpose: 

Daily dealing activity in accordance with the agreed strategy and monitoring, funding, placing and Investing of Bank’s Liquid Assets and Liabilities as well as assist the Forex & Money Markets (MM) desk in the development of the bank’s liquidity and funding portfolios.

Key Responsibilities

Business Profitability

• The dealer should be able to deal all MM instruments within the approved limits and at appropriate market rates.
• To assist in the continued development of multi-currency funding, investment and hedging activity.
• To balance the daily cash position ensuring all surplus funds are appropriately invested or any deficit is funded accordingly at reasonable rates.

Liquidity Management

• To determine appropriate daily funding levels (bids) in accordance with agreed strategy and borrowing appetite of the bank and project funding position for a week ahead.
• Fund the bank’s nostro accounts, central bank account and always ensure there are sufficient funds to meet all the client’s needs at any time.
• To accurately input all transactions on the Treasury Management System (Cash Projection and Cash Reserve Ratio [CRR] projections) on a timely basis.
• Prudently manage the CRR a/c

Customer Engagement

• To produce daily Front Office reports on a timely basis.
• To produce a daily schedule of upcoming funding and liquidity maturities.
• To develop and produce management information on the performance of the liquidity or funding portfolios.
• To assist the Treasury Manager in researching additional investment or funding instruments.
• Dealer is proxy to the Spot trader and bond trader

Internal Business Processes

• To ensure that all transactions are undertaken in accordance with Bank policy and within policy limits at all times.
• Ensure compliance with statutory, regulatory and bank policy in relation to individual dealing activity
• Ensuring sensitive and confidential data is managed appropriately at all times, encrypted and password protected as directed by policies
• Ensuring potential or actual breaches of IT and information security policies and procedures are escalated immediately

Knowledge; Skills and Experience required for this Role

• Business graduate from an accredited University with a Finance Major or any other related discipline.
• In-depth knowledge of money markets and financial instruments.
• Good understanding of macro-economic indicators and their practical implications on money market.
• Ability to communicate at all levels.
• Professional qualifications in ACCA/CPA/CFA/ ACI dealing certificate also desirable
• Proficiency in Microsoft Office Suite.

Competencies required for this Role

• Knowledge/experience of FX contracts, debt capital markets, securitization, covered bonds, asset & liability management techniques, IAS 39.
• Able to contribute innovative ideas to improve the performance of the Treasury function and to assist in core business development and meet targets.
• Have good communication skills to cultivate & develop a long relationship with clients.
• Ability to cooperate with fellow employees and work closely as a team player within the department, marketing department, customer service and treasury back-office.
• Good time management & multi-tasking skills.
• Ability to handle pressure & stress of market volatility during trading, excessive workload and extra responsibilities.
• Good analytical skills and problem solving skills.
• Thorough understanding of the Forex  procedures and practice and the ability to interact with all levels of management and staff
• Excellent negotiating and interpersonal skills.
• Must have excellent leadership, organizational, and planning skills

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