Associate - Markets Treasury

What the Markets Treasury associate job in Muscat involves

The position sits within HSBC Markets Treasury (MKTY), the street-facing arm of the Treasury function. Its remit is cash, funding, liquidity and interest rate risk, the areas that support HSBC Oman’s goal of profitability. The associate delivers Markets Treasury initiatives in the Oman market while keeping the business inside its agreed risk appetite and in line with HSBC Group and regulatory requirements.

Responsibilities

• Manages cash so that surplus funds are deployed and deficits financed on the best available terms for the bank
• Executes short- and medium-term funding plans for the bank and the entity
• Keeps liquidity at a level where the bank or entity can meet current and potential cash-flow obligations at reasonable cost, and runs the Liquid Asset Buffer (LAB) within the risk appetite set by the LAB Committee so it can be monetized in stress scenarios
• Hedges and manages interest rate risk in the banking book (IRRBB) with Financial Markets instruments
• Supports governance structures, processes and controls that meet HSBC Group standards, and delivery of the annual Global Performance Scorecard, covering financial targets such as revenue, costs and risk-weighted assets as well as liquidity risk, conduct and operational risk obligations
• Keeps the business within agreed risk appetite and in compliance with Group policies, procedures and regulatory requirements
• Champions transformation and change initiatives from execution through to embedding across the business
• Carries out analytics and supplies accurate, timely data for decision-making

Requirements

• Omani nationality: the job title states Omani Nationals Only, and the ad adds that priority will be given to Omani nationals
• Strong business and financial markets knowledge
• Knowledge of technology development and infrastructure, including how technology can serve business needs
• Strong communication skills and the confidence to engage with colleagues and senior management
• Ability to manage and mitigate operational risk effectively
• Experience working in a diverse and geographically dispersed team

Preferred qualifications

• Commercial drive and the ability to work under dynamic market conditions
• Knowledge of the external environment, including regulatory, political, competitor and market developments