Manager, Corporate Treasury

Overview

Corporate Treasury is part of the Finance division of the Bank and responsible for Asset Liability Management (ALM), Liquidity Management and Funds Transfer Pricing (FTP).

ALM and balance sheet forecasting is a key to the Bank's future planning and strategy and Corporate Treasury manage this through a proactive and coordinated approach.

On a day-to-day basis the team ensures that the Bank's liquidity and funding positions are actively and efficiently managed and remain within risk appetite statement limits.

Corporate Treasury owns the Bank's methodologies for FTP and is mandated to ensure that liquidity risk is correctly and transparently recharged to the business.

Corporate Treasury are responsible for managing their P&L which requires the team to be heavily engaged in the setting of Bank wide strategy and budgeting.

The breadth of Corporate Treasury's responsibilities results in interaction with a wide range of stakeholders, in particular the front office business heads and executive members of the ALCO.

As a key knowledge centre within the Bank, Corporate Treasury is actively involved in translating the impact of new funding and liquidity regulation on the Bank's business model and product pricing.

What you'll be doing

Supporting the Head of Corporate Treasury in funding and liquidity management and Treasury P&L. The role includes management of 1 direct report and close collaboration with both front office and other areas within Finance and Risk.

Funding & Liquidity Management

• Review of business funding utilisation, investigating any movements which have not been preadvised
• Regular review and monitoring of liquidity forecasts (ILG, IST, NSFR & internal metrics), working closely with the desks to understand future funding requirements based on their anticipated asset pipeline
• Recommend actions to increase/decrease liquidity surplus where appropriate, ensuring that forecast surpluses remain within target range
• Understanding, maintaining and enhancing forecasting models
• Production of management information detailing the forecast liquidity position of the bank

Treasury P&L and FTP

• Daily review of Treasury P&L with escalation of any significant deviations in P&L run rate
• Close collaboration with Product Control, Operations and Treasury Markets to resolve ad hoc issues affecting P&L reporting.
• Creating and updating funding cost models to frequently and accurately reallocate the cost of funding
• Funding gap analysis to assist senior management in understanding IRRBB
• Ensure that trading books are charged appropriately for the cost of creating liquidity risk by running the Contingent Liability Charge (CLC) reallocation process to distribute the cost of funding the Bank's liquid asset portfolio.
• Assist in the production of management information that articulates the key drivers of the budget to senior management/ALCO.
• Establishing a strong process and control framework to ensure that the areas of accountability listed above are completed accurately, efficiently and on time.
• Identifying areas in the procedures which can be improved so as to provide time savings and / or an enhanced control environment. Improvements may relate to spreadsheets, procedures or changes to the in-house liquidity database. Subsequent implementation of the change.
• Work closely with colleagues on projects to re-engineer systems and processes and prepare for changes in regulations

We're looking for the following skills and experience. If you don't have all of these but think you could be a good fit for the role, get in touch.

• Experience working within Treasury/ALM/Liquidity Risk and engaging with stakeholders including the front office, finance and risk
• Knowledge in one or more of the following:
• FTP
• NSFR
• Liquidity management (LCR, Stress Testing) Budgeting / Funding Planning
• Strong financial product knowledge including an understanding of the liquidity and interest rate risk characteristics of these products, their control environment and their accounting treatment
• Professional qualification (ACA, CIMA, ACCA, ACT, CFA or similar) Preferred but not essential

ICBC Standard…