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Vice President, Treasury Corporate Forex Sales

Vice President, Treasury Corporate Forex Sales

Bank IslamMalaysia, Malaysia
1 day ago
Job description

Vice President, Treasury Corporate Forex Sales

Job Description : Financial

  • Lead, assist and manage FX Business and all FX-related matters as to ensure smooth FX dealings.
  • Assist in managing cost efficiency within FX Corporate Sales.
  • Ensure yearly target on profit and volume of transactions are met.
  • To participate in yearly planning on target return.
  • To ensure competitive pricings are quoted to valued clients.
  • To monitor performance monthly.

Business and Strategy Execution

Quote FX pricing for the Bank’s wholesale clients.

  • To quote special rate to wholesale clients.
  • To quote competitive pricing against certain benchmarks.
  • To generate optimum profit for the Bank.
  • To Concentrate few business sectors.

    To have appropriate and related reports and analysis to track the business and performance.

  • Daily / Monthly / YTD.
  • Managing Existing and Potential Client Trackers.
  • GLCs / GLiCs.
  • Other

  • Realign our counter rates as to be competitive and cost effective. (Under V6)
  • To use Nostro agents for maximum returns.
  • Guide clients on utilising hedging instruments.
  • To regroup GOUR and OUR payment mode for better client selection and needs.
  • To protect TOP 50 and engage further TOP 100.
  • To have regional marketing.
  • To assist and track all educational / training required by the team.
  • Risk and Compliance

    Compliance to regulatory requirements as well as internal policy guidelines.

  • To ensure that clients provide the necessary information as required.
  • To ensure strict adherence to BNM’s requirements including reporting of deals in ROMS.
  • To ensure compliance with regulatory requirements such as BNM Notices and internal procedures and guidelines.
  • To highlight any necessary changes to the existing procedures and guidelines when necessary.
  • To uphold integrity and professionalism in the conduct of business, affairs and activities, including all aspects of treasury operations and activities.

    To ensure all dealings are concluded based on Shariah compliant contracts that have been approved by the Shariah Advisory Council.

    To be responsible and accountable to all the transactions concluded and in conducting the daily business activities. R To observe the principles and standards in the BNM Code of Conduct policy document in dealings in other markets within or outside Malaysia.

    Customers

    Marketing and Maintenance of wholesale clients.

  • To make marketing visits existing as well as potential wholesale clients.
  • To visit clients on regular basis – both existing and potential clients, as part of efforts to provide good service to clients and to widen the Bank’s clients base.
  • To be able to address customers’ requirements accordingly.
  • Updating and promoting banks’ products and services to clients.
  • Updating clients with the latest regulatory requirements.
  • People Management & Development

    Training, coaching and mentoring.

  • Ensure that Dealers are properly guided to perform their work / task.
  • To conduct informal / formal coaching / mentoring / training to the Dealers on related areas.
  • Presentation on FX and market info / updates to customers.
  • Ongoing consultation on customer’s needs / problems.
  • Advisory and Training

  • To conduct informal / formal training to internal and external clients on FX subject matters.
  • To have ongoing consultation with corporate clients on challenges faced by them.
  • Must have valid PPKM License.

    To uphold integrity and professionalism in the conduct of business, affairs and activities, including all aspects of Treasury operations and activities.

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    Vice President Sales • Malaysia, Malaysia

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