VP / AVP, Central Treasury Unit
Hong Kong (City Area), Hong Kong Island, HK
About UOB
United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values – Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.
About the Department
Group Finance supports enhanced decision-making to achieve optimal and sustainable financial outcomes for our shareholders. We are responsible for providing insights into the performance of the Group through financial, regulatory and performance reporting of the Group.
Job Responsibilities
- Manage daily funding positions and currency gaps for Commercial book through planning and execution of intragroup funding and FX swaps, and minimize excess funds based on close monitoring with Business Units on funding flows and forecast
- Prepare regular management reports and perform data drilldown to highlight key findings and explain business drivers
- Review and update the Fund Transfer Pricing (FTP) mechanism and parameters to ensure the liquidity & regulatory cost of the Bank is reflected in the internal pricing, and to incentivize Business Units to drive towards the targeted balance sheet profile balancing funding cost vs asset competitiveness
- Plan and execute wholesale funding strategies (e.g. CDs and MTNs issuance), co-ordinate with both local and Group, internal and external parties
- Review and manage the Branch’s structural interest rate and liquidity profile to ensure adherence to the risk limits and ALCO directives, and recommend and execute appropriate hedging instruments
- Perform regular balance sheet reviews, with close communication with stakeholders in understanding business needs, market environments, and regulatory requirements, and to provide recommendations in strengthening funding profile (e.g. NSFR/LCR accretive) and promoting balance sheet efficiency (e.g. NIM, RoRWA). Depending on complexity of the proposal, lead or assist in preparation of presentation deck for approval by senior management
- Support ad hoc requests
Job Requirements
- University degree in accounting, finance, economics or risk management, preferably with CPA/CFA/FRM/ECF-TM qualifications.
- At least 6 years (for AVP) or 8 years (for VP) of relevant experience in balance sheet management with exposures to wholesale and financial market products – loans, deposits, CDs, MTNs, FX and interest rate swaps.
- Strong interpersonal and communication skillset, able to relate well with stakeholders and articulate subject matter clearly to senior management.
- Strong data analytical skillset and detail oriented. Strong skills in MS Excel and PowerPoint. Prior experience in Bloomberg and Murex is an advantage.
- Highly organized individual who can multi-task efficiently to ensure all deadlines are met.
- Strong team player and work well under pressure.
Be a part of UOB Family
UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.
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