Associate, Liquidity Management

Job ID: 28481

Location: Singapore, SG

Area of interest: Treasury

Job type: Regular Employee

Work style: Office Working

Opening date: 16 May 2025

**Job Summary**
- Standard Chartered Treasury Markets (TM) business is looking for a Dealer to join their Liquidity team in Singapore. Treasury Markets is part of the broader Treasury function and is responsible for interest rate and liquidity risk management. It is a front office function setup as a profit centre to directly face the market. TM combines an in-depth knowledge of both financial markets and B/S management, while balancing the twin requirements of profitability and risk management.- **Key Responsibilities**
- Responsibility for cash and liquidity management in multiple currencies via dealing in swaps, repos and interbank
- Participate as a Primary Dealer in MAS money market operations
- Manage liquidity risk within limits (both internal and regulatory) while driving overall B/S optimisation
- Keep abreast of market conditions and suggest trade ideas as appropriate
- Enhance B/S modelling and analysis to communicate and capture potential opportunities to senior management.
- Understand and monitor key P&L drivers for Treasury Markets. Suggest risk mitigation ideas and upgrade analysis/modelling

**Strategy**
- Estimate and plan for the internal funding and deposit taking requirements of the Bank:

- Liaise with other business units to obtain the best possible view of asset pipelines and forecast liability generation
- Communicate the funding requirements / excess liquidity position with the Local Head of Liquidity. Convey capacity on limits
- Ensure adherence to all regulatory requirements and all internal liquidity metrics
- Determine the level of marketable security holdings to facilitate the Bank making payments within the local RTGS system (in relevant countries)
- Raise a flag to senior management on any concerns over the Bank’s capacity to easily meet projected funding requirements

**Business**
- Meet all funding and deposit taking requirements 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 and deploying liquidity
- Proactively establish and maintain good relationships with direct wholesale customers, including central banks Swap funding between currencies to meet liquidity requirements and to minimise funding costs
- Move funding between Treasury Markets desks as required
- Participate in local central bank operations and facilities as required
- Provide oversight to Treasury Markets Analytics in ensuring adequate intra-day liquidity to facilitate all payments / to meet pay-in obligations with CLS (in relevant centres)
- Liaise with the repo desk in order to manage a stock of eligible collateral for use within the LAB or act as intraday collateral for RTGS
- Preposition eligible securities at the local central bank to be used as backstop liquidity (where available)
- Forecast and advise the Treasury Markets Liquidity Manager should there be a requirement to purchase securities to meet the statutory, stress, payments or prudent requirements
- Forecast and advise Treasury-Markets Liquidity Manager, should there be a requirement to raise medium term funding
- Issuances out of SCB Singapore under the CD/CP Programme

**Processes**
- Discuss and agree with The Head, Treasury Markets, Singapore to produce daily yield curves for the Bank’s marginal cost of funding in local and major foreign currencies, fixed and floating, for funds transfer from or to the rest of the Bank:

- Ensure this curve encourages an overall balance of liquidity yet does not unduly disadvantage any business unit
- Provide oversight to Treasury Markets Analytics in ensuring that liquidity risk from the commercial balance sheet is being transferred to Treasury Markets as per policy Ensure that funding costs are accurately reflected, including the impact of stress; statutory holdings and the like
- Manage the relationship with the local key stakeholders.

**Risk Management**
- Operate within Treasury Market’s liquidity and credit limits:

- Flag any potential liquidity limit issues (including MCO, Wholesale Borrowing, Stress test, NSFR, swapped funds) to LM Manager in advance
- Flag any potential credit limit issues to LM Manager and/or HoTreasury Markets, Singapore in advance
- Assist LM Manager and/or HoTreasury Markets, Singapore to request for temporary and permanent limits to GMR and Credit, where appropriate
- Assist LM Manager and/or HoTreasury Markets, Singapore to maintain desired ratios as directed by the Global Head of Liquidity

**Governance**
- Understand and be able to act on the Country Liquidity Contingency Plan:

- Ensure a full understanding of what is expected of Treasury Markets if