Position Overview

Job Level

Associate/AVP

Location

Mumbai

Role: ALM Funds Transfer Pricing (FTP) Analyst

Joining Date: 1 March 23

Treasury

Treasury is part of the Finance division with the Group Treasurer reporting to the Group CFO. The function is responsible for the sourcing, management and optimisation of liquidity and capital to deliver high-value risk management decisions. This is underpinned by a best-in-class risk framework that enables Treasury to identify the Bank’s resource demands, set incentives by allocating resource costs to businesses and manage to evolving regulation.

Treasury’s mandate, which encompasses the Bank’s funding strategy, Asset and Liability management (ALM) and management of liquidity reserves, supports businesses in delivering on their strategic targets at global and local level. Treasury manages the optimization of all financial resources to implement the group’s strategic objective and maximize long-term return on shareholders’ equity. The Group Treasurer is based in London and the Treasury function operates across the globe with major hubs in Frankfurt, London, Singapore, Mumbai and New York.

The current role is part of Treasury Office in DBC Mumbai. The role requires interactions with all key hubs i.e. London, New York, Frankfurt and Singapore.

Function Description:

Treasury Markets and Investments (TMI) is market facing division with-in group treasury responsible for some functions including:
• Pool: Cash management, wholesale funding management, management of FX and interest rate risk, the management of liquidity portfolios and optimization of net interest income
• SLR: Managing the investment portfolio to optimize the return on the bank’s liquidity reserves
• Issuance & Securitization: Long term debt issuance to support the banks funding plan
• ALM: Structural risk management for the firm, including Interest Rate Risk in the Banking Book

The Asset & Liability Management (ALM) team inside of Treasury is responsible for assessing and hedging market risks in the banking book, performing Funds Transfer Pricing (FTP) allocations for the Group, and modelling the behavioral funding profile of the Bank.

Role description:

As an ALM associate with focus on Funds Transfer Pricing, you will drive the implementation of the FTP framework and enhance our associated risk measurement tools and FTP allocation processes. You will be closely aligned with the Business segments, Business Finance, Technology, Risk, and other Treasury functions.

The core deliverables for the roles are:
• Understand the funding risk and maturity dynamics of assets and liabilities in the trading and banking book, closely liaising with partners in the Businesses, Finance, and other Treasury teams
• Develop, enhance, and own the implementation of the FTP process and associated P&L allocation
• Enhance governance controls around FTP processes and drive changes to make processes more robust
• Review and sign-off regularly the risk exposures and create transparent links to FTP processes that enable efficient allocation of funding costs/benefits, including explain to Businesses
• Facilitate alignment between FTP processes and interest rate risk processes
• Identify gaps in models or processes and partner with relevant stakeholders to enable optimization and remediation efforts
• Break down complex problems through self-guided research. Investigate remediation steps by partnering with different teams (Front office, Risk, and Technology) and drive solutions
• Involvement in a bank wide, strategic change project with the target to improve the quality of used data

Your skills and experience:
• University degree with a quantitative focus (Finance, Mathematics, Computer Science) is of benefit
• At least 3 years of experience on key Funds Transfer Pricing processes for products in trading book (securities, derivatives) or banking book (loans, deposits)
• At least 5 years of experience of working in Treasury, Asset & Liability Management, Risk Management or Product Control is a benefit
• Well organized and capable of handling multiple objectives and stakeholders; cooperative yet demanding approach required of our partners
• Demonstrate strong problem ownership – prioritization and track record in delivering effective solutions to FTP processes.
• Strong Excel skills to be able to manipulate and interpret large volumes of data. Programming skills in Python, R, etc. is a benefit
• Good verbal and written communication and presentation skills
• Good stakeholder management skills

Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, ****** orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

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