Treasury Dealer

Our international banking client is currently seeking a highly skilled Dealer in FX and Money Market to join their Treasury team. This pivotal role involves executing Foreign Exchange, Money Market, and derivatives transactions on behalf of customers and on the bank's own account, adhering to set limits and regulatory requirements. The ideal candidate will possess a robust background in FX trading and sales, coupled with a deep understanding of financial markets and regulatory landscapes.

• Cash Management: Manage the branch’s daily cash position, optimizing balances and maximizing yield through strategic use of swaps, placements, and derivative products.
• Transaction Execution: Execute FX transactions for customers in compliance with branch rules and regulatory requirements.
• Data Management: Input transacted deals into the bank's global front-end system (Summit) and the mainframe system.
• Pricing: Quote FX prices to Relationship Managers (RMs), Assistant Relationship Managers (ARMs), and external customers.
• Balance Maintenance: Maintain Nostro balances within acceptable levels, minimizing overdrafts and maximizing yield from credit balances.
• Reporting: Issue daily interest rates, forward rates, and spot FX rates for system input and RM/ARM reference.
• Exposure Oversight: Oversee existing FX and Rate exposures within the bank and clients’ books.
• Material Preparation: Prepare trading materials and presentations, and produce regular market commentary.
• Ad Hoc Support: Address ad hoc requests from within the branch, supporting various functional areas.
• Compliance: Ensure strict adherence to the dealing room procedures manual and comply with Anti Money Laundering regulations and UK Regulators’ Conduct Rules.

• Experience: 2-3 years of experience in FX trading and sales.
• Knowledge: Solid understanding of FX, Money Market, and Derivatives products.
• Regulatory Awareness: Familiarity with liquidity and balance sheet management functions, including ILAAP and ICAAP.
• Technical Skills: Proficiency in Excel and familiarity with other computer languages like Python.
• Systems Knowledge: Experience with Treasury Management Systems (TMS) and online trading platforms.
• Communication: Strong communication skills for effective interaction with internal teams and external stakeholders.
• Collaboration: Ability to build market-related models and collaborate effectively across the organisations. 

We invite qualified candidates to apply for this exceptional opportunity to become a Dealer (FX and Money Market). Please submit your CV and a cover letter detailing your relevant experience and your interest in this role.