Associate, Treasury Markets at Standard Chartered - JOB-SCHOLARSHIP TURF

Job

: Treasury

Primary Location

: Africa & Middle East-Nigeria-Lagos

Schedule

: Full-time

Employee Status

: Permanent

Posting Date

: 31/Mar/2022, 8:18:33 PM

Deadline Date

: 07/Apr/2022, 11:59:00 PM

 

About Standard Chartered 

We're an international bank, nimble enough to act, big enough for impact. For more than 160 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we can't wait to see the talents you can bring us.

Role Responsibilities 

The primary responsibility is the management of the Bank’s liquidity profile, ensuring that it remains within stipulated risk tolerances. The job is to raise and deploy liquidity to ensure that the bank is in a position to meet all its obligations at all times (intra-day and inter-day); to meet all regulatory requirements; to diversify the funding base in a prudent manner; to pre-empt times of surplus and tight liquidity and to produce a curve reflective of the banks marginal cost of liquidity.]

Strategy

1. Be responsible for day-to-day management of the balance sheet

·     Provide balance sheet and market insights to HoTM and/or ALCO to ensure prudent and accurate directions from ALCO

·     Liaise with other business units to obtain the best possible view of asset pipelines and forecast liability generation etc

2. Manage the liquidity whilst maintaining regulatory; stress and prudent liquidity requirements

·     Access the money markets as required; either with other banks directly or through interdealer broker; raising and placing liquidity to ensure liquidity limits are adhered to whilst maximising economic value to the Bank

·     Being proactive in raising liquidity when it is cheap, deploying it when it is expensive

·     Proactively establish and maintain good relationships with direct wholesale customers, including central banks etc

Business

·     Operate within TM’s liquidity and credit limits

·     Ensure LM function activities are within MCO, WBG, Stress, MTF and Swapped Funds Guidelines as prescribed by GMR limits

·     Flag any potential liquidity limit issues to GMR in advance

·     Request for temporary limits to GMR and Credit, where appropriate

·     Submit annual limit application to GMR and Credit etc

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