ING Wholesale Banking in Singapore
We began operating in Singapore in 1987 where we host the regional Asia Pacific headquarters. With over 300 financial experts, we are the largest wholesale banking branch in Asia. ING stands out in the Asia Pacific region because we go a step further for our customers. We look at things from the client's perspective which allows us to construct tailor-made solutions to fit the needs of every company we serve. This mentality underpins all our client relations and has produced various prestigious awards.
The Team
Group Treasury is seeking a Liquidity Management & Money Market (LM&MM) Trader to strengthen our team in Singapore. The LM&MM team, a functional part of Group Treasury, is responsible for all Liquidity management and funding activities of the Singapore, Hong Kong and Tokyo branches of ING.
Main Responsibilities
This position, embedded in the Liquidity Management and Money Market Team of GT Singapore and directly reporting to a senior trader, is responsible for dealing and execution activities of ING Singapore, Hong Kong and Tokyo's liquidity and money market activities.
The Liquidity Management and Money Market (LM&MM) team is responsible for ensuring the bank remains compliant with internal and external liquidity limits. This includes:
Daily monitoring & management of the bank's cash and FX positions.
Pricing & Execution of internal and external funding transactions.
Pricing and Execution of FX and IR derivative transactions
Monitoring and management of relevant liquidity, FX and interest rate limits.
Contribute to projects pertaining to the LM&MM function.
The team deals with external parties including the MAS, HKMA and BOJ. It deals in Money Markets, CP and CD issuance, HQLA investments and FX on the bank's behalf.
The team works closely with the other Group Treasury teams in the APAC region and the global LM&MM team to ensure efficient management of the bank's balance sheet.
Your Profile
Essential
Minimum Undergraduate degree in finance, commerce, economics or related disciplines
Thorough proficiency in excel including VBA.
A minimum of three years of working experience.
Strong communication skills, an analytical and holistic mindset and a quick wit
High degree of initiative and motivation.
Diligent, committed, and independent approach, very much a Team player.
Desirable
Post Graduate studies in relevant discipline
High level knowledge of financial markets and the application of FX and MM products to the management of balance sheet risks.
Experience with Bloomberg.
Relevant working experience in Treasury or Markets environment