Associate/senior Associate, Treasury, Trading

Temasek is a global investment company headquartered in Singapore, with a net portfolio value of S$389 billion (US$288b, €267b, £228b, RMB2.08t) as at 31 March 2024. Marking our unlisted assets to market would provide S$31 billion of value uplift and bring our mark to market net portfolio value to S$420 billion.

Our Purpose “_So Every Generation Prospers_” guides us to make a difference for today’s and future generations.

Operating on commercial principles, we seek to deliver sustainable returns over the long term.

We have 13 offices in 9 countries around the world: Beijing, Hanoi, Mumbai, Shanghai, Shenzhen, and Singapore in Asia; and Brussels, London, Mexico City, New York, Paris, San Francisco, and Washington, DC outside Asia.

**Introduction**:
The Treasury Team seeks to enhance value and strengthen the organisation’s resilience by developing strategy, policy, structuring & raising debt, and managing FX & interest rate exposures and liquidity optimally.

The team strives for excellence in market execution and through continuous process improvement. As a balance sheet owner, the team discharges their governance and control responsibilities with prudence and pragmatism. Through collaboration, partnership and objective advice, the team builds strong long-term relationships with Treasury’s network of stakeholders including the various investment groups, financial counterparties, bank lenders, bond investors, and the broader Temasek eco-system of portfolio companies and platforms.

**Responsibilities**:
**Treasury solutions and forecast review**
- Maintain keen understanding and awareness in FX, Interest Rates and Cash markets
- Contribute to the refresh in house view across key currencies
- Translate insights to generating commercial solutions and strategy for relevant stakeholders - across investment teams, macro strategists and Treasury’s balance sheet and cash activities. Areas of focus include development of commercial opportunities based on relative risks and rewards, tactical market views and estimates of liquidity conditions across products

**Execution of FX, Interest Rates, Cash**
- Drive execution of Treasury products across FX, Interest Rates and Cash markets backed by product knowledge and trading acumen
- Develop and implement execution strategy with bank counterparties to optimise liquidity and minimize market impact

**Business Development**
- Keep abreast of changes in relevant markets, products and regulations (eg variation margin, mandatory clearing, settlement timelines) and translate insights to business development needs

**Trading Systems and Processes**
- Manage relevant Treasury systems and processes for electronic and voice trading with an ownership mindset, and work to evolve them in the spirit of continuous improvement and efficiency.

**Requirements**:

- Relevant degree
- Up to 4 years of experience in FX & Interest Rates markets in investment firms / banks / corporate treasuries of large MNCs
- A keen eye for detail and aptitude for working with systems and processes for FX and cash management, trade orders and trading
- Critical thinking and commercially minded with keen analytical skills
- Strong team player, clear and effective communicator (written and oral), adept at working across teams and independently engaging stakeholders across seniorities
- Excellent project management skills and time management