China Treasury Pool Trader, Treasury Markets and Investment (TMI) Pool - AVP/VP Go back »
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Company:Deutsche Bank (China) Co., Ltd. Shanghai Branch
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Location:Shanghai
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Job function:Finance
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Industry:Financial Services
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Employment:Full time
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Experience:Mid-Senior level
About the company
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 to 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.
The successful candidate will be part of the Treasury Markets and Investments (TMI) Pool team within the APAC 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.
Job description
Based in Shanghai, the candidate will be responsible for:
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Managing the Bank’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 placement
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Where applicable, issuing and raising stress-compliant liquidity via external market / clients (communication, coordination with Sales)
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Managing collateral and statutory reserve portfolios (e.g. held as T-bills, bonds, central bank cash etc)
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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
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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.
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Updating and applying internal transfer prices i.e. daily bid and offer curves across all currencies and tenors
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Liaising with and communicating transfer pricing methodologies and transaction specific funding charges to businesses, taking account of local specifics vs. global
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Assisting businesses in achieving their objectives within the Bank’s risk management framework
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Contributing ideas and making proposals for further enhancement to TMI related topics. This includes innovation and automation of processes.
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Working closely with peers in the other major Treasury hubs to ensure consistency of approach and sharing of best practices and ideas
Skills & experience
The ideal candidate will preferably have some of the following experiences:
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At least a Bachelor’s or equivalent degree in a relevant financial discipline
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5+ years of relevant experience (or equivalent track record) in Treasury, trading desk or related risk management experience in a financial institution (Treasury experience is a plus)
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Strong numerical skills and excellent understanding of various banking and financial products
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Experience dealing local / regional Money & Derivatives Markets (Greater China currencies) to manage the bank's overall cash and liquidity position
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Licensed for regulated activities locally, specifically dealing in securities (e.g. CFETS)
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Knowledge of Bloomberg, Reuters and/or relevant trade and risk management systems
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Experience in managing accrual and MTM P&L
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Excellent communication, presentation and problem-solving skills
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A history of taking initiative, being pro-active and ability to work independently.
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