Treasury Dealer

China Merchants Bank Co., Ltd; Santo Niño 1st; On-site; PHP 1,200,000 - 2,100,000; Full time

Job summary

China Merchants Bank Co., Ltd. is seeking a Treasury Dealer to manage FX and derivatives activities, including net open positions and product development for the branch.

The role collaborates with Corporate and Private Banking teams to expand offerings and maintains competitive pricing for front-office execution. The ideal candidate has 2+ years in treasury dealing, familiarity with Refinitiv/Bloomberg/MUREX, and English/Mandarin bilingual proficiency to liaise with internal and external

Qualifications

• Minimum degree in a related field.
• At least 2 years of treasury dealing experience (FX, Interest Derivatives, Money Market, Fixed Income).
• Familiar with booking systems such as Refinitiv, Bloomberg, MUREX.
• Strong FI counterparty relationships and ability to explore new counterparties for the bank.
• Self-motivated to develop new treasury products and lead system/process changes.
• Completed the FMRP exam.
• Completed the CM-EIP exam or holds diplomas that satisfy the exemption.
• RES Modules 12B or 1A and 2B preferred.
• FX Market Training Certificate by CFETS preferred.
• Proficient in English and Mandarin for liaising with stakeholders.

Responsibilities

• Dealing in FX and interest-related derivatives, commodity-related dealing, MM, and fixed-income investments.
• Responsible for FX and other derivatives-related net open position management, trading within MAS and CMB HO’s authorization to generate profit for the branch.
• Cooperate with Corporate Banking and Private Banking’s financial markets product teams to develop new products and improve existing ones provided to the branch’s customers.
• Quote competitive and fair market prices to the front office efficiently and manage the position in a timely manner.
• Expand FI counterparties to enhance trading ability.
• Initiate and establish treasury new-product policies and promote system modifications to enhance productivity and efficiency.
• Liaise and communicate with CMB HO, different departments within the branch, and FI counterparties.
• Other tasks as assigned by Management and the Department Head from time to time.

Skills

FX derivatives dealing

Interest derivatives dealing

Money Market dealing

Fixed income

FI counterparty relationships

Regulatory exams (FMRP)

CM-EIP exam

RES Modules 12B/1A

CFETS FX Market Training

English / Mandarin bilingual

Education

Degree in related field

Tools

Refinitiv

Bloomberg

MUREX

Job description

Job Description

• Dealing in FX and interest-related derivatives, commodity-related dealing, MM, and fixed-income investment, etc.
• Responsible for FX and other derivatives-related net open position management, trading within MAS and CMB HO’s authorization to generate profit for the branch;
• Cooperate with Corporate Banking and Private Banking’s financial markets product teams to develop new products and improve existing ones provided to the branch’s customers;
• Quote competitive and fair market prices to the front office efficiently and manage the position in a timely manner;
• Expand FI counterparties to enhance trading ability;
• Initiate and establish treasury new-product policies and promote system modifications to enhance productivity and efficiency;
• Liaise and communicate with CMB HO, different departments within the branch, and FI counterparties;
• Other tasks as assigned by Management and the Department Head from time to time.

Requirements

• Min degree or above in related field of studies
• At least 2 years of working experience in treasury dealing functions, i.e. FX Derivatives dealing, Interest Derivatives dealing, Money Market dealing, and Fixed Income investment, etc.;
• Familiar with financial-market-related booking systems, such as Refinitiv, Bloomberg, MUREX;
• Have good FI counterparty relationships and able to explore new counterparties for the bank;
• Self-motivated to develop new treasury products/business and lead system and process modifications;
• Completed the Financial Markets Regulatory & Practices (FMRP) Exam;
• Completed the CM-EIP exam or holds diplomas that satisfy the exemption;
• RES Modules 12B or 1A and 2B preferred;
• Preferably with FX Market Training Certificate granted by CFETS;
• Bilingual proficiency in both English and Mandarin to liaise with internal and external Chinese stakeholders;