The Deputy Head of Treasury will hold dual responsibility for strategically managing the Singapore branch’s balance sheet (liquidity, funding, capital, and ALM) and providing executive oversight for the Fixed Income, Currencies, and Commodities (FICC) trading book.
Key Responsibilities
- Lead and manage the Branch’s Financial Markets function, ensuring treasury activities are conducted in accordance with the Bank’s policies, delegated authorities, head-office guidelines, and applicable regulatory requirements.
- Support Branch Management in treasury-related decisions by providing market analysis, business insights, and strategic recommendations.
- Review, approve and monitor treasury transactions within the authorized limits, ensuring timely execution and adherence to internal controls.
- Funding and Asset-Liability Management:
- Manage the branch's funding requirements, leveraging local money markets, repo markets, and head-office intra-group funding channels.
- Manage the branch’s investment portfolio to maximize yield while meeting strict regulatory and HQ definitions
- Serve as a core member of the Asset and Liability Committee (ALCO), delivering critical macro-market insights and balance-sheet recommendations
- FICC Supervision:
- Provide strategic oversight and risk governance for the bank’s trading book, including client flow business and market-making in FX, bonds, interest rate derivatives, and commodities.
- Supervise the new product design and launches
- Leadership and Management
- Cultivate a progressive, open-minded, and collaborative team culture that encourages the sharing of diverse viewpoints, challenging the status quo, and driving out-of-the-box financial strategies
- Establish a high-performance environment focused on strong productivity and commercial drive, establishing clear goals and delivering robust commercial results
- Lead, mentor, and upskill a diverse team of treasury managers, ALM specialists, and traders, championing career growth and psychological safety.
- Develop and maintain effective business relationships with Financial Institutions, regulators and market participants to support the Bank’s business objectives.
- Identify and support opportunities to enhance treasury business performance and strengthen the Bank’s market presence.
- Perform any other duties assigned by Branch Management that are reasonably related to the scope of the role.
Job Requirement
- Bachelor’s Degree in Banking & Finance, Commerce, Economics, Business or a related discipline.
- At least 15 years of relevant experience in treasury, financial markets or banking, including managerial or leadership responsibilities.
- Strong knowledge of treasury products, liquidity management, asset and liability management and financial markets.
- Good understanding of applicable regulatory requirements relating to treasury operations.
- Strong analytical, leadership, communication, stakeholder management and decision-making skills.
- Appointment to this position is subject to the relevant approval by the Monetary Authority of Singapore (MAS), where applicable.