VP/Director, APAC Business Manager, Macro Sales & Trading, Global Markets & Treasury Asia Pacific

SUMITOMO MITSUI BANKING CORPORATION Singapore Branch; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

A multinational banking corporation in Singapore is seeking a strategic partner for its Asian Global Markets Macro Sales & Trading Desk. The role focuses on enhancing risk and governance, managing business development initiatives, and improving operational processes within the FX and Rates domain. Ideal candidates should have over 10 years of experience in the APAC financial industry, a relevant university degree, and strong expertise in FX and Rates products, making significant contributions to regulatory compliance and overall business strategy.

Qualifications

• 10+ years in performing similar roles in the APAC financial industry.
• Experience in FICC domain in a front office or business management background.
• Capable of enhancing risk and governance frameworks.

Responsibilities

• Be the subject matter expert for the FX and Rates Product for Investor clients.
• Enhance the Risk and Governance framework within the region.
• Drive adoption and efficiency in proprietary technology infrastructure.

Skills

Knowledge of FX and Rates product set

Managing business controls

Experience with institutional customers

Education

University Degree

Job description

Job Purpose

The role is a strategic partner to the Asian Global Markets Macro Sales & Trading Desk and aids with development of New Products, strengthening desk Risk & Governance, improving trade flow processes and driving the business forward. The incumbent will be a key member of the overall Operating Office and Business Development Group and is expected to lead initiatives in matters of risk & control, business development, operational efficiency, structuring new products and business strategy.

The key focus of this role will be on strengthening the desk processes in Asia in addition to working on technology aided solutions, building new infrastructure workflows and adoption of FICC technology products in Asia. The role will also help with regulatory reform initiatives where needed.

The role will partner with seniors in the Planning Team, Technology, Country Treasury Heads, Operations, Compliance, Internal Audit, and work on initiatives in all matters of business devlopment technology, planning, risk & governance frameworks and regulatory reform.

Job Responsibilities

• Be the subject matter expert for the FX and Rates Product and associated sales process for Investor clients, and for Interbank Trading
• Enhance the Risk and Governance framework within the region to uphold firm’s reputation and safeguard SMBC, its clients and its assets.
• Drive adoption and efficiency in booking processes for staff when using proprietary SMBC technology infrastructure
• Work on strategic projects for infrastructure buildout for transacting with Institutional Clients
• Provide support for rolling out adherence to new regulations in countries. Interpret changes, assess potential business impact, and assist the trading and sales personnel in their operational readiness and help drive project management
• Partner with senior management teams to deliver financial objectives, prioritize and drive execution of key initiatives, and ensure cohesive teamwork across the businesses and functions
• Appropriately assess franchise risk, governance and controls when regional decisions are made.
• Coordinate and work closely with Risk, Compliance, Finance, Legal and other control functions to enhance the relationship with the treasury department

Job Requirements

• University Degree
• Knowledge of the FX and Rates product set, and dealing with institutional customers and interbank parties
• Experience in working with banks in the FICC domain either in a front office, product control, markets control function, or with a general business management background
• Experience in managing business controls, franchise risk and governance
• 10+ years in performing similar roles in the APAC financial industry is preferred