AVP/Vice President, Head of ALM - Ho Chi Minh City - CIMB Bank Vietnam

Mô tả

Job Purpose

Responsible in Money Market activities, Liquidity Management, FX NOP Management, Asset and Liability Management, Bond investment and Treasury Products

Key Responsibilities

Asset and Liability Management

• Responsible for all of Treasury activities to be in line with internal policies and procedures whilst optimising Treasury revenues.
• Manage the bank's investment strategies as well as interest rate risk exposure by continuously developing pricing strategies on both assets & liabilities products.
• Plan, monitor, and manage the bank's liquidity so as to control liquidity and funding risk for the multi-currency operations of the bank branch within delegated limits at an acceptable cost.
• Plan, monitor, and manage the interest rate risk and foreign exchange risk of the Vietnam branch balance sheet within delegated limits.
• Establish and execute timely reviews of the bank's policies in relation to liquidity risk, market risk and internal Treasury policies & procedures. Ensure prompt action is taken to clear outstanding Nostro items and any other international transactions.
• Maintain and update the knowledge base of legal and regulatory requirements and market conventions for dealing in the Vietnam financial system and use of securities particularly regarding the implications for running the bank's funding, liquidity, foreign exchange and interest rate risk management tasks.
• Manage inter-bank trading for transactions including the sale and purchase of securities issued by the Central Bank and other statutory institutions.
• Provide market information for Fund Transfer Pricing for VND and foreign currencies
• Manage balance sheet and day-to-day liquidity to support business growth for VND and foreign currencies. Drive critical liquidity reporting over short and long-term horizons.
• Investment of cash surplus in Money Market and fixed income instruments. Manage liquidity and interest rate risk in balance sheets.
• Responsible for setting a clear well defined Treasury strategy for CIMB Vietnam to be aligned with the overall Treasury and Finance plans, objectives and strategic priorities of the Group.
• Manage reporting to and implement directives of Vietnam Asset Liability Committee. Improve competitiveness through minimizing the bank's financing costs on a monthly basis.
• Preparation of new policy/ review of existing policy/ procedure in the context of applicable regulations (State Bank of Vietnam as well as Head Office).

Money Market & Fixed Income

• Undertaking gaping position and trading
• Fixed Income investment and trading
• Repo Market activities for liquidity management
• Manage bank daily liquidity position for VND and foreign currencies
• FX swap for liquidity management and trading
• Compliance to the regulatory liquidity reserve and ratio
• Compliance to internal limits

Reports & Market Analysis

• Make periodically regulatory / internal report on Treasury activity
• Follow Competitor product analysis and intelligence.
• Follow and provide regulatory and market update to Regional Treasury
• Participate in business planning for CIMB VN Treasury

Regulatory Compliance

• Ensures compliance with local regulatory requirements and external auditors.
• Conduct all activities ethically in accordance with Policies and Procedures approved by the Management and the State Bank of Vietnam regulations

Communications

• Ensure all staff adheres to do client suitability to in accordance with internal and external policy;
• Maintaining relationships with other parts of Treasury and the wider Group to ensure adequate profile and development of the unit.

Ad-hoc task:

• Any other responsibilities / task as assigned by Head of Treasury or managements from time to time.

Job Specification

• Bachelor's Degree or Professional Qualification in the relevant discipline (Accounting/Finance/Business/Economics/Financial Engineering)
• Specific certification or training on Treasury/ Dealing is preferred.
• 10+ years working experience in a bank, preferably with Treasury or Treasury settlement experience or Risk Management
• Good grasp of basic FX, Interest Rate and Fixed Income technicalities;
• Well verse with local financial institution regulation on liquidity, capital and settlement;
• Strong numerical and analytical skills and an ability to solve problems;
• Good planning, organizing and problem solving skills;
• Good knowledge of Microsoft Office and Windows-based computer applications
• Ability to communicate in English and / or Vietnamese fluently.
• Strong communication skills are essential as part of the role;
• Professional conduct
• Collaborative approach/ team work focus.