Associate, Funding And Liquidity Management, Australia

Associate, Funding and Liquidity Management, Australia
Join to apply for the
Associate, Funding and Liquidity Management, Australia
role at
CIBC
.
We're building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what's right for our clients. At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute. To learn more about CIBC, please visit CIBC.com.
Business Unit Description
Treasury's mandate is to actively manage CIBC's Balance Sheet capital and funding resources, as well as structural interest rate, liquidity, and FX risks in support of our bank's strategy. Treasury is an independent advisor to our operating businesses in the analytical pricing of products and strategies and has the accountability for establishing a value-added integrated fixed income investment management programs optimized to support CIBC's Treasury management objectives.
Treasury's active responsibilities include:
Liquidity risk management, cash management and related settlement system risks
Collateral management across the group and with external entities and clearing corporations
Sourcing and execution of cost efficient funding of the Bank's balance sheet within the constraints of liquidity, balance sheet, market and concentration limits
Optimization of the capital structure within the constraints of regulatory requirements, flexibility and cost effectiveness to support strategic business plans
The creation and maintenance of a transparent and effective funds transfer pricing model
Development and implementation of a bank-wide balance sheet strategy aligned with the corporate strategy, including initiatives to drive balance sheet optimization
Measurement and management of balance sheet structural interest rate and FX risk
Management of regulatory, central bank, government, industry and investor relations related to capital instruments, financing vehicles and treasury related financial system risks
Job Purpose
Ensure effective funding within the region. Deliver effective liquidity, funding and cash management and prepare liquidity reporting as well as preparing management information packs.
Key Accountabilities
The key accountabilities of the role include:
Regulatory Compliance
Ensure compliance with local statutory liquidity regulations across the region (Australia and Asia Pacific) to maintain a comprehensive Treasury risk management framework, including periodic reviews of various policies such as:
LCR maintenance and HQLA management (including effective operation of the ESA account)
Regional liquidity and funding policies
Liquidity Stress testing
Contingent Funding and Recovery Planning
Funding and Liquidity Management
Ensuring that the bank's cash/nostro accounts are effectively managed, thus maximizing utilization of funds
Support the Head of Funding and Liquidity Australia to raise funding through wholesale markets, while maintaining required regulatory liquidity levels
Execute Treasury products in a cost effective manner to ensure local requirements and risk parameters are fulfilled
NCD & Money market instruments
FX Spot, FX Swaps and FX Arbitrage
Interest Rate and Cross Currency Swaps
Repo
HQLA Bond and Bill purchases
Continuous development the investor base to diversify funding sources and enhance liquidity position for the Bank while avoiding concentration risk. This includes:
Direct client interaction – electronic and phone communication
Client roadshows, conferences and presentations
Establish highly effective broker-dealer relationships
Assist in analysing, setting up and executing funding strategy in conjunction with Treasury partners, including Long Term Debt Issuance – FRNs / Covered Bonds and other intercompany loans
Managing the investments of the HQLA books (Government bonds) whilst solving for maximizing returns whilst maintaining high levels of liquidity.
Other
Managing the interest rate and FX risk levels of Treasury
Managing local currency FTP rates and provide analysis and advice in relation to the usage of liquidity and associated transfer pricing implications for all aspects of the business
Maintain enhanced Treasury Management Information reports and presentations
CROSS-FUNCTIONAL RELATIONSHIPS
The incumbent will have daily interaction with staff in Funding Liquidity Management (FLM) function, Risk management and frequent contact with senior staff in Middle Office, Finance and Business Management
Authorities/Compliance Requirements
As an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls
Discharge all duties in accordance with the FAR Regime (Australia)
Knowledge And Skills
Investment / commercial banking background with knowledge of cash and liquidity management, position keeping and settlement procedures, minimum 2 years' experience
Demonstrated local knowledge of Regulatory Rules and Regulations as well as relevant KYC/AML requirements related to Treasury
Strong Excel and PowerPoint skills (VBA skills preferred)
Knowledge of investment products (e.g. Bonds, Equities, FX, Money Markets, Interest Rate Swaps, etc.)
Ability to analyze transactions for the impact of cash flows and the General Ledger
Numerate, accurate, with the ability to work under pressure to tight deadlines
Self-motivated with ability to take initiative and work efficiently with limited supervision
Willing and able to learn new skills
Advanced team, consensus and relationship building skills; Conscientious, with willingness to work additional hours where necessary
Working Conditions
This role operates within a normal office environment with little exposure to adverse working conditions
This role may need to work remotely (from home) from time to time
Work pressures caused by concentration on analytical work, conflicting priorities and project timelines can be significant in this type of role
Some out of hours work requirements will occasionally be present given a Global Bank environment with multiple time zone challenges
What You Need To Know
CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact
You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit
Job Location
1 Macquarie Place, Suite 4501
Employment Type
Regular
Weekly Hours
38
Skills
Corporate Treasury, Finance, Financial Reporting and Analysis, Funding, Liquidity Management, Management Reporting, Operations Processes, Strategic Objectives
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