Job Descriptions Ensures adherence to BSP regulations / circulars on legal and statutory reserves requirements while maximizing yields on these reserves a.
Acts on recommendations to meet deficiencies and thereby avoid incurring abuse or chronic violations b. Conceives and reviews recommendations on corrective measures for problem areas pertaining to deficiencies.
Overseas monitoring of transactions affecting Due from BSP account to avoid overdrawing; maintains contact with BSP to obtain the data that will affect the bank’s liquidity position.
Maintains close coordination with various units / departments / branches of the bank for effective management of its liquidity position.
Maintains contact with BSP to obtain data on fiscal / market developments; also maintains contacts with other financial institutions to keep attuned to their liquidity position in relation to reserves management and product development functions.
Supervises transactions affecting reserves-eligible government securities for inventory or yield improvement purpose, allocates GS for each type of reserves.
Prepares recommendations on Money Market product pricing; computes and disseminates reserve cost factors for all peso deposit products.
Supervises the preparation of the ALCO reports; prepares materials / special reports required by ALCO. Participates in Interbank activities (borrowing / lending) for any excess or deficiency in the liquidity position.
Other Functions and Responsibilities Assists and monitors the pricing and cost management of Bank Deposits. Overseas the computation of TPR, monitors the weighted average rate for deposits and liabilities, to ensure maximization of spreads.
Assists dealers in Dealership and Marketing, as an alternative / back-up. Undertakes placement of SDA to BSP in behalf of the bank in the absence of the trader.
Performs other related duties as may be required by Treasury Head. Job Qualifications Education : Must be a graduate of BS Accountancy and preferably CPA Experience : Must have at least 5 years of banking experience.
Must have passed Fixed Income Market Salesmen (by SEC). Others : Good communication and mathematical skills, suitable for frontline, resourceful, patient, analytical and excellent organizational skills.
Benefits : Additional leave Health insurance Life insurance Schedule : 8 hour shift Monday to Friday Supplemental Pay : 13th month salary Overtime pay Yearly bonus Work Remotely : No