Job Description: Associate, Markets Treasury at HSBC
Introduction:
At HSBC, we exist with the purpose of Opening up a World of Opportunity. We leverage our expertise, capabilities, and perspectives to provide opportunities for our customers and colleagues through global connectivity. We aim to create a better world for our customers, employees, investors, communities, and the planet.
Division Overview:
The Markets and Securities Services (MSS) division at HSBC handles the distribution of Global Markets products and services to institutional and corporate clients. It also provides Securities Services globally and on a Sub-Custody basis, and manages the Market Treasury department.
Market Treasury Role:
As part of MSS, Markets Treasury significantly contributes to HSBC's revenue, with staff across over 50 sites worldwide, including HSBC Bank Australia, HBAP Sydney Branch, and HBAP NZ. The department provides input into local Asset & Liability Management Committees (ALCO) and manages Asset, Liability & Capital Management issues.
Position Overview:
In this role, you will manage funding, liquidity, interest rate risk, and the bank's investment book. You will engage with senior stakeholders and external market participants, offering opportunities for career growth and global networking within HSBC's international footprint. This role provides comprehensive experience in Markets Treasury.
Work Arrangement:
Due to the role's nature, you are required to work in the office five days a week, with flexibility for appointments as needed.
Main Responsibilities:
* Cash Management: Manage the Cash Accounts with the Reserve Bank of Australia for two entities and handle foreign currency Nostro balances.
* Liquidity Management: Oversee liquidity risk across multiple balance sheets, ensuring compliance with regulatory requirements and managing liquidity ratios.
* Funding: Support funding decisions by collaborating with the MSS Sales team on wholesale funding strategies.
* Capital, Market Risk, and Credit Limits Management: Review risk exposures, understand transaction dynamics, and assess impacts on limits.
* Interest Rate Risk Management: Assist in managing IRR through internal transfer pricing, optimizing revenues while considering market and credit risks.
* Analytics: Generate and interpret monthly and quarterly reports, including net interest income forecasts.
* Stakeholder Management: Collaborate with Asset, Liability, and Capital Management teams, control functions, and customer groups on payments, liquidity, and risk issues.
* Volcker Rule Compliance: Ensure adherence to the Volcker Rule, understanding when and how to apply relevant criteria.
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