RESPONSIBILITIES
Strategy:
Treasury Markets (TM) is a front-line markets execution division of Treasury, which plays a key role in balancing the supply and demand of liquidity and capital. TM is the first line of defence responsible for:
Managing Liquidity & Investment portfolio
Managing Interest Rate risk for the Banking book
Conducting the above in an efficient manner thereby maximising Group ROTE contribution
Providing solutions to our partners leveraging our market insight.
Focus on collaboration to drive Group performance as a priority over country/ region benefit.
Business:
Liquidity management:
Assist with managing the Bank’s liquidity position (ZAR RTGS account and all NOSTRO accounts) to ensure that all nostros are adequately and prudently funded in good time considering footprint across multiple markets.
Prudently management of intraday liquidity position of the country, including the day-to-day compliance with Group Policies and Guidelines, Local Regulatory requirements, local payment system and intraday liquidity requirements.
Flag any potential breaches ahead of time to the Head of Treasury Markets South Africa for guidance on the way forward and/or engage Cluster / Regional Treasury Function and/or Market Risk for temp limit requests where appropriate.
Assist in managing multiple treasury risks including liquidity risk, market access risk, maturity concentration risk and interest rate risk in the banking book, working closely with Senior Treasury Markets Dealer for guidance where required and to ensure alignment with group and/or regulatory guidelines and policies..
Circulate FTP rates to all relevant stakeholders on a daily basis and provide support and/or solutions solving any problems which may arise from the FTP methodology.
Ensure all bookings pertaining to Treasury Markets are executed and completed as guided by code of conduct, policies and procedures.
Make recommendations to the Head of Treasury Markets and/or Senior Treasury Markers Dealer on deposit taking initiatives and/or how to prudently fund the asset base of the bank.
Contribute to building the bank’s reputation in the international market through personally demonstrating a high level of professionalism at all times, and through developing mutually beneficial working relationships with other banks, counterparties etc.
Investment Management:
Support Head of Investment Management Africa with the management and implementation of the financial resource framework and how to optimise usage of financial resources such as capital, liquidity, ECL, RWA to generate the best RoTE outcomes within the agreed mandate.
Provide support to the Head of IM Africa by assisting with the formulation, presentations and applying accounting / financial management and/or investment management skills / experience / knowledge in the execution of the investment management framework across Africa.
Work closely with TM Desk Heads / team members to achieve TM and Group objectives, demonstrating a commitment to collective success.
Assist Head of Africa IM with ad hoc request, be prepared to work under pressure within reason and to deliver in good time and diligently.
Processes:
Treasury Markets business and risk management processes are defined and governed in various risk, governance and control committees.
Risk Management:
Ensure execution of trading activities remains within the agreed Risk Appetite and Portfolio Standards of Treasury Markets.
Comply with the requirements of the Group AML Policy and Procedures, in particular-comply with applicable legal and regulatory requirements.
Remain alert to the risk of Money Laundering and assist the Bank’s in its efforts to combat Money Laundering activites by adhering to the key principles in relation to -
Identifying your Customer, Knowing Your Customer, and verification.
Reporting Suspicious Transactions,
Safeguarding Records.
Comply with the Group Sanctions policy and adopt the implementation of prevailing sanctions.
Adhere to Group and Business policies, procedures, standards and codes, including those governing all Risk types, Compliance, Technology and Operations, Finance and Reputation.
Governance:
Promote an environment where compliance with internal control functions and the external regulatory framework is a central priority of the business.
Comply with internal policies, procedures, codes and applicable external laws and regulations and adhere to the expected high standards set out in the FM Code of Conduct
Regulatory & Business Conduct:
Display exemplary conduct and live by the Group’s Values and Code of Conduct.
Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Other Responsibilities:
Embed Here for good and Group’s brand and values in South Africa Treasury Markets
Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures
QUALIFICATION AND EXPERIENCE
A university degree in a relevant field / Finance (Accounting) / Investment Management plus at least 4 years’ experience in Money Market / FX Trading / Interest Rate environment / Treasury Market environment.
To confidently perform these duties an extensive working knowledge of the Money Market and other Treasury products is required.
The individual must be able to work quickly and accurately under pressure and work as a team Member in a collaborative manner.
The individual must have ability for clear expression and communication both written and oral.
A sound knowledge of general banking is also required to be able to discuss the Bank and company affairs confidently and portray a professional image of the Bank.
Should be able to use the key economic indicators to explain product features and benefits.
Good aptitude for figures and, computer skills essential.
Good interpersonal skills and a collaborative and professional attitude
Analytically strong / good accounting skills / financial management and Investment management skills / knowledge / experience
