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Title:  Associate, Treasury, Hong Kong

 

 

 

Requisition ID: 198347

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

 

Purpose

Contributes to the overall success of the Group Treasury in HK Branch ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies, and procedures.

 

Accountabilities

  • Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.

 

  • Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.

 

  • Actively pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.

 

  • Champions a high performance environment and contributes to an inclusive work environment.

 

  • Assist the team in marketing strategies to expand existing client relationships and develop new clients through product variation, pricing and a deeper market knowledge of our instruments to provide stable cost effective and diversified funding.

 

  • Comply with all Hong Kong Monetary Authority (HKMA) and BNS regulations and best practices, including all money laundering and Know Your Customer policies as advised by Compliance / KYC / AML teams

 

  • Provide feedback and ideas on the Bank’s liquidity strategy and funding to generate the most cost effective liquidity on a daily basis

 

  • Keep abreast of economic and financial events as well as political situations which could have market implication on pricing and liquidity

 

  • Provide competitive prices, benchmark to marketing desks to encourage client business and to trading desks as required to win business/trade effectively

 

  • Provide funding for the two currencies (HKD and CNY) to business teams in need as well as to other BNS offices when needed.

 

  • Operate within all authorized limits across the desk

 

  • Assist in the execution and management of the HQLA portfolio for regulatory purposes in a cost efficient manner.

 

  • Monitor the bank’s liquidity ratio and monitor future funding requirements, cash commitments to ensure liquid assets in sufficient to meet financial obligations.

 

  • Make joint calls with RMs and keep good rapport to expand our customer base. 

 

  • Cover the core Treasury functions of the China branch in the absence of the regular staff.

 

  • Manage the KYC and Onboarding requirements for the team.

 

  • Support for Business Continuity Plan (BCP) update and testing at BCP site.

 

  • Support in any ad hoc tasks assigned by Manager from time to time.


    Education / Experience / Other Information (include only those that are specific to the role)

    •    University degree in Finance, Economics & Statistics
    •    Strong mathematical aptitude, sufficient IT savvy, conversant with Treasury products
    •    Have skillset and experience in analyzing, managing FX, interest rates, asset & liability and liquidity management
    •    4 – 6 years working experience in Money Markets and Treasury with knowledge in trading 
    in banking and financial institution


     

 

Location(s):  Hong Kong Special Administrative Region of China : Hong Kong : Hong Kong Central 

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.  

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.


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