Senior Trader, Liquidity Management (CP)

For all actively managed currencies:

• Managing the balance sheet liquidity by executing trades with external counterparties  via money market instrument including fixed term deposits, repurchase agreements, short term Government Bills and Foreign Exchange Swaps.
• Reacting to any incoming/outgoing deposit flows to ensure the balance sheet is managed prudently.
• Assisting in the management of the longer dated HQLA securities portfolio managed within the International Treasury team. Asset classes include Supranational, Sovereign and Agency securities along with covered bonds and ABS.
• Working with Global Counterparty Credit to ensure the investable universe is diverse and maximises investment opportunities.
• Assisting in determining the interest rates the Bank will pay on deposits via market trading knowledge and investment options.
• Employing funding strategies to achieve the lowest cost funds, within established liquidity constraints, for the Bank.
• Monitoring market conditions via Bloomberg, news sources, communications and analysis from brokers/dealers and counterparties. Update spread levels for input into the Investment portfolio strategy.
• Managing the utilization of the Bank’s securities and loan collateral to support borrowings, regulatory requirements and participation in various Financial Market Utilities.
• Acting as a liaison to the various Central Banks regarding the execution of direct transactions (discount window borrowings, investments, etc.), collateral management, and other issues.
• Compiling data from financial management to understand and communicate drivers of balance sheet changes.

 
The skills and capabilities needed for the selected candidate include:

• Proven experience in market operations trading
• Expanded conceptual knowledge of markets and market activity
• An understanding of key business drivers; using this understanding to accomplish own work
• An ability to explain complex information to others in straightforward manner
• Knowledge of Central Bank monetary policy and practices, interest rates, foreign exchange and credit markets and theory to monitor and manage cash positions in various currencies
• Knowledge of banking operations, usually acquired through experience, to understand and project balances and positions.
• Knowledge of Bloomberg beneficial though not essential
• Analytical skills are needed to resolve exceptions.
• An ability to use various software packages to compile data for reports and to purchase and sell funds.
• An ability to apply a wide variety of financial analysis and economic methodologies to understand and interpret market behaviour and make financial decisions.
• Thorough business knowledge, acquired through work experience preferably in the financial markets or in bank operations.