Overview

The main function of this role is to obtain cost effective wholesale funding for Wells Fargo’s APAC entities.  This role will also be responsible for liquidity, interest rate and FX risk management of the Wells Fargo bank branches and legal entities in APAC. 

As a key member of Multi-currency Treasury (MCT), this role will be working closely with the APAC business lines and support functions across a range of key responsibilities.  MCT are part of the first line of defense and this role will lead to opportunities to expand the candidate’s knowledge in other areas including the bank’s balance sheet, operational risk as well as topics relevant to the broader financial services industry.

Responsibilities

• Provide funding in various currencies using derivatives, deposits, inter-company borrowing et cetera.
• Monitor and manage market risk such as interest rate risk, basis risk and fx risk as per the stated risk appetite statements.
• Ensure liquidity levels are managed in compliance with the internal risk appetite and the regulatory limits.
• Understand the firm’s balance sheet and legal entity structures
• Provide reports and market intelligence to the team.
• Advise business lines by providing market colour including the costs of funding in various currencies.
• Support of teams (Finance and Accounting, Regulatory Reporting, Risk) involved in stress testing of capital, liquidity and other reporting requirements.
• Support exiting reporting practices as well as develop and automate new requirements

Requirements:

• Ideally post graduate qualified or degree educated in a relevant subject (Finance or Banking preferred).
• Experience in financial institutions in treasury, funding or other relevant functions. Candidates from risk management areas with strong market knowledge will also be considered.
• Previous exposure to foreign exchange and rates markets; working understanding of derivatives products, incl. Interest Rate Swaps and Cross Currency Swaps
• MS Office Suit, expert in MS Excel; Knowledge in macros/VBA is an advantage.
• Excellent numeracy, modelling and analytical skills; Strong interpersonal and communication skills
• Identify and drive changes to improve the current model and processes.
• Ability to respond to evolving markets, regulatory and balance sheet requirements
• Ability to work under pressure and multi task; Strong attention to detail and follow through on tasks
• Excellent time management and organisational skills, with ability to prioritise effectively.
• Self-motivated individual who can work as part of a team or individually on tasks with minimal direction.
• Good English and Mandarin skills, both written and spoken.