DBMN - Philippines Treasury Pool Trader, Treasury Markets and Investment - AVP

Location: Manila

Job Description:

Job Title:

Philippines Treasury Pool Trader, Treasury Markets and Investment - AVPCorporate

Title:

Associate/AVPDivision: CFO-Treasury About Deutsche Bank:

Deutsche Bank (DB) is a leading global investment bank with a strong and profitable private clients’ franchise. A leader in Germany and Europe, the Bank is continuously growing in North America, Asia and key emerging markets.

DB offers unparalleled financial services throughout the world. The Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.

About Treasury:

Treasury is part of the Finance division with the Group Treasurer reporting to the Group CFO. The function is responsible for the sourcing, management and optimisation of liquidity and capital to deliver high-value risk management decisions. This is underpinned by a best-in-class risk framework that enables Treasury to identify the Bank’s resource demands, set incentives by allocating resource costs to businesses and manage evolving regulations.

Treasury’s mandate, which encompasses the Bank’s funding strategy, Asset and Liability management (ALM) and management of liquidity reserves, supports businesses in delivering on their strategic targets at global and local level. Treasury manages the optimization of all financial resources to implement the group’s strategic objective and maximize long-term return on shareholders’ equity. The Group Treasurer is based in London, and the Treasury function operates across the globe with major hubs in Frankfurt, London, Singapore and New York.

Summary:

The successful candidate will be part of the Treasury Markets and Investments (TMI) Pool team within the APAC MEA region. The candidate will be an independent and self-motivated contributor to the TMI team in Treasury. The role demands excellent communications kills, keen attention to detail, strong numerically literacy, and the ability to build relationships and manage a wide variety of stakeholders, including Business Heads, Risk, Finance and other Treasury teams.

Key Responsibilities:

Managing the DB Manilla's daily liquidity pool funding and cash management in line with the risk appetite (e.g. market, credit and liquidity risk limits) via external secured/unsecured funding, inter-branch funding, FX swaps, central bank open market operations and daily central bank placements

Managing liquidity buffers, collateral and statutory reserve portfolios (e.g. held as T-bills, bonds, central bank cash, etc.) to support regulatory requirements and intraday liquidity

Managing mismatches in term profile of assets and liabilities in the local liquidity pool, including hedging interest rate risk in pool and collateral portfolio, in accordance with Treasury governing principles for transfer pricing and liquidity risk Devising strategies and tactical measures to optimise funding, including management of the liquidity pool and associated risks. Where relevant, they may develop and execute risk management strategies and manage risks within authorised limits.

Updating and applying internal transfer prices i.e. daily bid and offer curves across all currencies and tenors

Liaising with and communicating transfer pricing methodologies and transaction specific funding charges to businesses, taking account of local specifics vs. global

Assisting businesses in achieving their objectives within the Bank’s risk management framework

Contributing ideas and making proposals for further enhancement to TMI related topics. This includes innovation and automation of processes.

Working closely with peers in the other major Treasury hubs to ensure consistency of approach and sharing of best practices and ideas

The candidate will experience:

Diversified job content with exposure to senior management and multiple business lines

Small team of well-trained professionals with a flat hierarchy, having close interaction across many business and infrastructure functions

Market-oriented and performance-based compensation package

Skills & Experience:

At least a Bachelor’s or equivalent degree in a relevant financial discipline

Relevant experience (or…