At a Glance
- Tasks: Manage cash, execute trades, and optimise liquidity for maximum returns.
- Company: Dynamic financial institution with a focus on innovation and compliance.
- Benefits: Competitive salary, flexible hours, and opportunities for professional growth.
- Other info: Exciting career path with potential for advancement in finance.
- Why this job: Join a fast-paced team and make impactful decisions in treasury markets.
- Qualifications: Strong analytical skills and understanding of financial markets required.
The predicted salary is between 36000 - 60000 £ per year.
The Treasury Markets Trader works within the Treasury Markets team for FIC and is primarily responsible for the bank’s cash management, whilst assisting in the execution of deposit raising and deployment of surplus liquidity. The role will be for a Certified Person and will be expected to comply with the regulatory conduct rules.
You’ll be responsible for:
- Cash management
- Manage the bank’s cash management profile, ensuring all nostros are flat at close of business each day.
- Manage the bank’s BoE profile, ensuring we remain compliant with required cash balances on a rolling 5‑day basis.
- Identify and execute short‑term cash deployment opportunities that produce the highest returns on surplus cash.
- Manage reverse repo portfolio, where surplus liquidity is deployed for an enhanced yield.
- Interest Rate Risk in the Banking Book (IRRBB)
- Ensure that all IRRBB is centralised, appropriately measured and managed within Treasury Markets.
- Execute on hedging of IRRBB through appropriate derivatives.
- Manage IRRBB within approved limits and profit from risk taking.
- Funding management
- Working closely with Corporate Treasury, ensuring the bank maintains its regulatory and internal liquidity limits.
- Collaborate with Sales in pricing for deposits across various currencies.
- Book internal funding trades to GM desks and manage trade lifecycle.
Trader, Treasury Markets employer: ICBC Standard Bank Plc
As a Trader in the Treasury Markets team, you will thrive in a dynamic and supportive environment that prioritises professional growth and compliance. Our company fosters a culture of collaboration and innovation, offering competitive benefits and opportunities for career advancement in the heart of the financial sector. Join us to be part of a team that values your contributions and empowers you to excel in cash management and liquidity strategies.
StudySmarter Expert Advice🤫
We think this is how you could land Trader, Treasury Markets
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to cash management and liquidity. We recommend doing mock interviews with friends or using online resources to boost your confidence.
✨Tip Number 3
Showcase your skills! Create a portfolio or a presentation that highlights your experience in managing cash profiles and executing trades. This can really set you apart from other candidates.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Trader, Treasury Markets
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Trader role in Treasury Markets. Highlight relevant experience in cash management and liquidity deployment, and don’t forget to mention any regulatory compliance knowledge you have!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about Treasury Markets and how your skills align with the responsibilities listed in the job description. Keep it concise but impactful.
Showcase Your Analytical Skills:As a Trader, analytical skills are key. In your application, provide examples of how you've successfully managed cash profiles or executed trades in the past. Numbers speak volumes, so include any quantifiable achievements!
Apply Through Our Website:We encourage you to apply directly through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. We can’t wait to see what you bring to the table!
How to prepare for a job interview at ICBC Standard Bank Plc
✨Know Your Cash Management Inside Out
Make sure you understand the ins and outs of cash management, especially how to keep nostros flat at the end of the day. Brush up on your knowledge of the Bank of England's requirements and be ready to discuss how you would ensure compliance with cash balances.
✨Showcase Your Analytical Skills
Be prepared to demonstrate your ability to identify and execute short-term cash deployment opportunities. Think of examples from your past experience where you successfully managed liquidity or enhanced yield through strategic decisions.
✨Understand Interest Rate Risk
Familiarise yourself with Interest Rate Risk in the Banking Book (IRRBB) and be ready to talk about how you would measure and manage it. Discuss any experience you have with hedging strategies and derivatives, as this will show your capability in managing risk effectively.
✨Collaboration is Key
Highlight your experience working with different teams, especially Corporate Treasury and Sales. Be ready to discuss how you’ve collaborated in the past to maintain liquidity limits or price deposits, as teamwork is crucial in this role.
