Money Market Trader
The Government of Alberta is committed to a diverse and inclusive public service that reflects the population we serve to best meet the needs of Albertans. Consider joining a team where diversity, inclusion, and innovation are valued and supported. For more information on diversity and inclusion, please visit: https://www.alberta.ca/diversity-inclusion-policy.aspx
We believe in building careers and providing opportunities to develop within the organization. We also provide our staff with a work-life balance including reasonable hours of work and support for wellness at work with a series of activities over the lunch break and after office hours. In short, we provide staff with the tools and support they need to excel. Working together we will promote the Alberta Public Service Values of Respect, Integrity, Accountability, and Excellence.
The Capital Markets Group is seeking a results-oriented individual to be a part of its team. The job role will execute daily treasury operations with a focus on money market instruments to optimize funding mix and funding cost ensuring adequate levels of liquidity are maintained and are aligned with the overall debt management strategy.
Finance professionals and Money Market Traders, are you interested in an opportunity to expand your expertise and experience? Are you ready to work in a life-friendly environment that contributes to your province by looking for the most cost effective funding? Join us in this unique Money Market Trader role and help the province and Albertans save money!
The Money Market Trader is a critical member of the Capital Markets Group and actively contributes to the planning, analysis and execution of the Province’s debt, risk management, corporate finance activities. In this role, you will evaluate opportunities and strategies using a strong understanding of financial markets and instruments, financial modeling techniques and market research.
You will execute short-term debt transactions on behalf of the Province and its crown agencies with a focus on domestic (CAD) as well as the US Dollar Market. You will also support the Department on corporate finance projects, such as public-private partnerships, as necessary.
You will be accountable for the following:
• Contribute to the Department of Finance’s goal of maintaining the lowest cost of financing among Canadian provinces.
• Participate in the ongoing management of the debt portfolio for the Province and the municipal loan program
• Contribute to special projects taken on by the Treasury Management Division to serve other units of Alberta Finance and other Departments within the Government.
As the ideal candidate, you will bring experience that demonstrates your strong analytical and problem-solving skills. You will also understand the importance of building relationships and value a collaborative approach. Our small team of 5 works together to achieve solutions. We are flexible and we are driven to collaborate through change. In total, there are 2 Money Market Traders who report to and are supported by the Senior Manager, Trading and Derivatives.
The key to this role will be your ability to communicate. Your success will be dependent on your ability to be clear and concise with your communications, as well as your ability to build business relationships. Your role will be driven by the dialogues that you have with your stakeholders.
We will offer you a diverse work environment that respects work/life balance. The Money Market Trader role will provide you with a unique opportunity to see and touch the markets in different ways, including working with money markets derivatives and term debt and it will allow you to grow your expertise in fixed income capital markets.
This is an exciting and rewarding role, join us and grow your career!
For more information on how to apply and the qualifications required for this role, please follow this link https://jobpostings.alberta.ca/job-invite/26197/ or visit the Alberta Public Service job site at https://www.alberta.ca/alberta-public-service-jobs.aspx.