Treasury Dealer

China Merchants Bank; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

China Merchants Bank in Singapore is seeking a Treasury Dealing professional to manage FX and derivatives-related positions within approved authorizations. You will collaborate with Corporate and Private Banking teams to create and improve marketable products for branch clients.

The role requires 2+ years in treasury dealing, familiarity with Refinitiv, Bloomberg, and MUREX, and fluent English/Mandarin communication with internal and external stakeholders. Strong counterparty networks are a plus.

Qualifications

• Minimum degree or above in related field.
• At least 2 years in treasury dealing (FX, Interest Derivatives, Money Market, FI).
• Familiar with booking systems such as Refinitiv, Bloomberg, MUREX.
• Strong FI counterparty relationships and ability to explore new counterparties.
• Self-motivated to develop new treasury products and lead system changes.
• Completed the Financial Markets Regulatory & Practices (FMRP) Exam.
• Completed the CM-EIP exam or hold equivalent exemptions.
• RES Modules 12B or 1A and 2B preferred.
• FX Market Training Certificate from CFETS preferred.

Responsibilities

• Deal in FX and interest-related derivatives, commodities, MM, and FI investments.
• Manage FX and other derivatives-related net open positions within MAS and CMB HO authorization.
• Collaborate with Corporate Banking and Private Banking markets teams to develop products for branch clients.
• Quote competitive and fair market prices to front office and manage positions timely.
• Expand FI counterparties to enhance trading capability.
• Initiate treasury new-product policies and promote system modifications.
• Liaise with CMB HO and internal departments and FI counterparties.
• Perform other tasks as assigned by Management.

Skills

Bilingual English Mandarin

Education

Bachelor's degree or above

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;