Treasury Officer

China Merchants Bank; Sydney; On-site; AUD 90,000 - 130,000; Full time

Job summary

China Merchants Bank is seeking a friendly and hardworking Treasury Officer to join our Sydney team. The role reports to the Head of Treasury and will handle core treasury functions, including liquidity risk, cash flow forecasting and funding activities for a growing bank.

The successful candidate will work with regulatory bodies and interact with clients on FX and derivatives, delivering accurate reporting and contributing to system implementations and process improvements.

Qualifications

• Undergraduate degree in business or equivalent discipline.
• Appropriate Treasury qualifications (AFMA/ACI, RG 146).
• Understanding of foreign exchange, money market, capital market and derivatives products.
• At least 3 years' experience in treasury business or customer FX dealing and derivatives business.
• Experience of working with regulatory bodies and prudential standards for banks.
• Ability to develop and implement strategy.
• Ability to build and maintain effective working relationships with clients both within and outside of the bank.
• Ability to work under pressure and meet deadlines.
• High level of accuracy and attention to details in executing deals, transaction booking, preparing reports and conducting analysis.
• Solutions- and Detail-oriented with a thorough, diligent, and proactive attitude.

Responsibilities

• Identify and manage market risks, including liquidity risk, interest rate risk, and foreign currency exposure according to regulatory requirement and branch's risk appetite.
• Monitor daily cash balance and prepare cash flow forecasts to effectively collaborate with key teams on liquidity risk management.
• Actively engage in raising short-term funding, including money market, certificate of deposit issuance and other wholesale funding.
• Manage the bond investment portfolio, including investment execution, monitoring, and portfolio management.
• Provide competitive pricing, market information and transaction support for client FX and derivative activities.
• Execute foreign exchange and derivative transactions and manage the Branch's FX positions within approved risk limits.
• Technical review of Global Markets and periodic forecast on the markets movement.
• Prepare Treasury related reporting documents for Head of Treasury and ALCO for decision making, documents in both English and Chinese where required.
• Participate in Treasury system implementation, User Acceptance Testing (UAT), automation and process improvement initiatives.
• Collaborate with stakeholders to develop new products and services that meet market needs.

Skills

Market risk

Liquidity management

FX & derivatives

Treasury operations

Regulatory compliance

Education

Undergraduate degree in business or equivalent

AFMA / ACI, RG 146

Job description

Established in 1987 in Shenzhen, China Merchants Bank (CMB) is atthe forefront of China's reform and opening-up drive, CMB is China's first joint-stock commercial bank and also the first bank to attend the national experiment for the promotion of China's banking industry reform driven by endeavors from outside the government.

We are the one of the largest banks in the world. We bank our value/strategic customers with a wide range of lending and financial products and services to meet their financial needs. You will have the opportunity to work on all aspects of the deal process, from analyzing new investment opportunities, to negotiating deal terms, to presenting these to the firm's credit committee and rating agencies. More importantly, you will gain invaluable hands-on experience through exposure to many renowned deal opportunities and interaction with many great clients.

Currently we are looking for a friendly and hardworking Treasury Officer with a minimum 3 years of experience to join us.

About the role

The position of Treasury Officer reports to the Head of Treasury. The successful candidate will be responsible for one or more of the following Treasury functions, depending on experience and business requirements.

Major Responsibilities

• Identify and manage market risks, including liquidity risk, interest rate risk, and foreign currency exposure according to regulatory requirement and branch's risk appetite.
• Monitor daily cash balance and prepare cash flow forecasts to effectively collaborate with key teams on liquidity risk management.
• Actively engage in raising short-term funding, including money market, certificate of deposit issuance and other wholesale funding.
• Manage the bond investment portfolio, including investment execution, monitoring, and portfolio management.
• Provide competitive pricing, market information and transaction support for client FX and derivative activities.
• Execute foreign exchange and derivative transactions and manage the Branch's FX positions within approved risk limits.
• Technical review of Global Markets and periodic forecast on the markets movement.
• Prepare Treasury related reporting documents for Head of Treasury and ALCO for decision making, documents in both English and Chinese where required.
• Participate in Treasury system implementation, User Acceptance Testing (UAT), automation and process improvement initiatives.
• Collaborate with stakeholders to develop new products and services that meet market needs.

Skills and Attributes - Essential

• Undergraduate degree in business or equivalent discipline
• Appropriate Treasury qualifications, AFMA/ACI, RG 146
• Appropriate understanding of foreign exchange, money market, capital market and derivatives products
• At least 3 years' experience in treasury business or customer FX dealing and derivatives business
• Experience of working with regulatory bodies and regulatory prudential standards for banks
• Ability to develop and implement strategy
• Ability to build and maintain effective working relationships with clients both within and outside of the bank
• Ability to work under pressure and meet deadlines
• High level of accuracy and attention to details in executing deals, transaction booking, preparing reports and conducting analysis
• Solutions- and Detail-oriented with a thorough, diligent, and proactive attitude