Treasury Trader

SOCIETE GENERALE Corporate & Investment Banking
London, United Kingdom
Dec 18, 2019
Dec 24, 2019
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
People join for the impact they can have on us. They stay for the impact we have on them. A flatter structure offers visibility and exposure beyond that of our competitors, so you know our names, and we know yours. It's personable, human, and inspires success through passion. By encouraging open mindedness and a willingness to share ideas, we have adapted to market changes and thrived through innovation. Bringing words like "hard work" and "dedication" together with "community" and "respect" has enabled us to work collaboratively and build our future together. We call this Team Spirit and it's what makes us different. It's what makes you different.

Description of the Business Line or Department
The Treasury team ("TRE") act as the Treasury function for the Kleinwort Hambros Group ("KH"), and each of its Banking entities. The team is responsible for the management of each entity's liquidity; in terms of the daily cash balances, the proprietary investment portfolios and the various liquidity limits and ratios that each entity is required to respect.

The team is also responsible for managing the other Market/Structural Risks that are incurred by the Bank in the course of doing business. Specifically, TRE manage the Credit Risk generated by the proprietary investment portfolios, FX Risks generated by client/Structural transactions and Interest Rate Risk generated by the structural duration mismatches of the Balance Sheet. These are managed within the Structural limits and parameters outlined by the Treasury/Hedging Mandates,within limits specified by the Asset Liability Management team and KH ALCO.

Finally, the team is responsible for providing pricing on FX, loan and deposit products executed between the Bank's clients (via the commercial front office) and the KHBank entities
Summary of the key purposes of the role
Assisting in the broader Treasury responsibilities, such as Balance Sheet strategy, product development, Asset & Liability Management and Funds Transfer Pricing. Assisting in day-to-day management of the Bank's Liquidity, Interest Rate, FX and Institutional Credit Risks. Maximising profits from these risks, within the confines of the agreed mandate and risk limits. To provide pricing of Loan/Deposit and FX products to Bank personnel, as part of the standard business offering.Summary of responsibilities To contribute to the development of the Treasury objectives and responsibilities, involving all areas of the Balance Sheet. To manage the Bank's interest rate risk profile, ensuring compliance with the explicitly defined Structural Interest risk limit. To manage the Bank's Institutional Credit risk exposures, ensuring compliance with the explicitly defined counterparty credit risk limits and regulatory limits (e.g. Large Exposure, Cluster Ratio). To manage the Bank's FX risk positions, ensuring compliance with the explicitly defined Structural Risk limits, intra-day spot FX limits and overnight spot FX limits. To manage the Bank's liquidity risk position, in terms of cash requirements (to cover day-to-day cash flows) and explicitly defined limits/ratios enforced either internally or by local regulatory bodies (e.g. LCR).To manage the Treasury activity within all statutory requirements relevant to the jurisdiction and within all defined Group regulatory requirements. To provide cover when required for all areas within Treasury. To provide pricing of FX products to clients and Bank personnel as required. To provide pricing of Loan and deposit products to clients and Bank personnel as required. Maintain a close awareness of market conditions by reading market analysis and monitoring market pricing. Perform all duties in accordance with the principles outlined in the SGPBH Code of Conduct, as well as the policies and procedures relevant to your responsibilities, to ensure that you adhere to a culture that treats clients fairly and focuses on the long term sustainability of client relationships.


Individual contributor competencies as defined in the SG Leadership Model Professionalism and EnterpriseTeam spirit and collaborationInnovation with focusKnowledge of legal regulatory and industry requirementsDecision makingNumeracyPlanning and organisationReliabilityStrategic and commercial awareness

Treasury dealing experience (including FX, Money Market, Repo and Fixed Income).Strong knowledge of the function of a Treasury, within the context of Asset Liability Management and Structural Risk Position management (within a Banking Book).Strong knowledge of the Banking industry in the UK and Offshores (Organisation, Regulation).

University degree or a recognised professional qualification in Finance (ACI, IMC, CFA, ACT or ACA).Knowledge of the Banking industry in UK (Organisation, Regulation).

Systems skills (Microsoft applications, Bloomberg, Kondor+).
Ability to use VBA to automate processes
English (Fluent)