First VP, Interest Rate Strategist

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

The Finance and Corporate Services function manages the financial and administrative needs of the Group to help achieve its business goals.

Group Finance

We support 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

The role of Interest Rate Strategist reports into the Head of Markets Strategy and is a team member of the UOB Group’s Global Economics & Markets Research, working closely and complementing with the various Market Strategists and Macro Economists within the Research team. 
 

1)    Key responsibilities for Modelling, Forecasting, Research and Analysis of Interest Rates

⦁    Taking incentral bank monetary policy outlook from the various Macro Economists, to craft forecasting models and produce regular point forecasts with clear views for key interest rate benchmarks that are important to UOB Group and our clients. 

⦁    In particular, these include key US interest rate benchmarks like SOFR, 10 Year US Treasuries yield, key SG interest rate benchmarks like SORA, 10Y SGS yield, key CH interest rate benchmarks like MLF, LPR etc and various key money market rates and government bond yield benchmarks across the Developed Markets (DM) space as well as across Asia and ASEAN. 

⦁    To write and produce various regular literature and reports on interest rate and yield outlook. These include the daily Markets Overview report, monthly FX and Rates Strategy report as well as the quarterly Global Outlook report etc.

⦁    Beyond the regularly forecasting and analysis, to contribute to various ad hoc interest rate, yield curve related analysis and discussion whenever there are market moving events.

2)    Important Skills for Advisory, Communication and Presentation

⦁    Equally important part of the job includes making presentation and engaging both internal stakeholders as well as external clients on various interest rate topics and queries.

⦁    Specifically for external client engagement, these include strong support together with relationship managers and respective sales teams for key clients of UOB Group across the Wholesale Bank, Corporate Bank, Global Financial Institutional Bank, Global Markets etc. 

⦁    The role is a key “ambassador” for UOB on interest rate outlook and expertise and need to have a strong set of presentation and communication skills to speak at various client and industry events. 

⦁    Regular media engagements on TV and Print is required, particularly for key local media like CNA, Straits Times, Business Times, as well as key financial media like Bloomberg, Reuters and CNBC. 

3)    Additional Understanding of Fixed Income Market and Credit Research

⦁    Secondary understanding of regional Fixed Income markets as well as an ability to do bottoms up single securities Credit Research is a plus. These are needed to supplement the key priorities of Interest Rate modelling and forecasting. 

Job Requirements

Candidate needs to have at least 3 to 5 years of working experience as an interest rate strategist or a similar job. A major in economics or quantitative finance is preferred. A strong quantitative modelling background, with strong excel and strong Bloomberg skills is a must.

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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Competencies