Head of Treasury

Headquartered in Tokyo, Sumitomo Mitsui Banking Corporation (SMBC) is a leading global financial institution and a core member of Sumitomo Mitsui Financial Group (SMBC Group). Built upon our rich Japanese heritage since 1876, we put our customers first and provide seamless access to, from and within the Asia Pacific region. SMBC is one of the largest Japanese banks by assets and maintain strong credit ratings across our global integrated network.  We work closely as one SMBC Group to offer personal, corporate and investment banking services to meet the needs of our customers.

With sustainability embedded within our strategy and operations, we are committed to creating a society in which today’s generation can enjoy economic prosperity and well-being, and pass it on to future generations.

SUMITOMO MITSUI BANKING CORPORATION MALAYSIA BERHAD

Job Summary

1) As a Senior Officer of SMBCMY, main role is to provide leadership and manages the strategic and profitability growth of treasury and market business on interbank money market, asset and liability management including loan and deposit/bonds, foreign exchange/derivatives business and cash management functions of the Bank in line with organization’s objectives and to meet the requirements of key stakeholders.

2) Manages the bank’s overall liquidity and interest rate risk based on the assets and liabilities portfolios and to formulate as well as execute the necessary funding strategies in accordance to the funding requirement to accommodate business growth.

3) Oversees the management, retention and talent capabilities of the treasury and market teams. This includes reinforcing the group’s overall branding and fostering the core values of the organization.

Job Responsibilities

Strategic, Financial and Business Planning:- Develops and implements various strategies to enhance Treasury sales and operations and optimize the Banks profitability and financial stability. 

• Communicates with relevant stakeholders and establishes the fiscal budget of Treasury Department which includes Interbank (Money Market & FX) and Customer Sales Team.
• Takes macroeconomic and financial environment inside/outside of Malaysia into account and provide leadership on decision making of the strategies.
• Directs preparation of business and operating plans to achieve the budget.
• Introduction of new treasury products to pursue sustainable profitability as well as respond to customer needs and meet regulatory requirements.
• Advises the Senior Management Team on treasury and markets competitive landscape, market intelligence, new business opportunities and competitive threats.

Treasury Business Operations:- Supervise and control treasury operations and achieve the Financial and Business target.

• Evaluates the Bank’s balance sheet structures and optimize profit through proper planning and execution of treasury key strategic operations.
• Ensures timely and accurate financial/business reports to the Management, planning section and other stakeholders, analyses the factors and presents the forecast and plans.
• Supervises and enlightens the team members to continuously maintain their professionalism and integrity in carrying out the duties.  
• Manages human resource to ensure the smooth running of daily operations and pursue profits while considering the risks. Direct and provide solutions to issues which occur in daily operations.
• Promote collaboration with other departments within the Bank in order to achieve overall business objectives.

Risk Management:- Promote sound risk and compliance culture in accordance to the internal policies and external regulatory framework, understands how regulatory change will impact the business and helps ensure the business is best positioned to respond. 

• Negotiates and applies various Treasury related limits such as BPV, Exposure Limit, Liquidity Gap positions with relevant departments.
• Ensures the management and compliance to regulatory limits such as LCR and SECL through operations with Risk Management function.
• Ensures development of risk management framework with Risk Management function.
• Complies with Foreign Exchange Notices (FEN) and other regulatory rules with support from Compliance and Planning Departments. 
• Ensure the procedure framework to comply with external regulations as well as the Bank’s local and global rules also implement new rules in accordance with latest regulation changes.

Relationship Management:- Manage and promote relationships with various stakeholders. 

• Serves as bank’s representative to regulatory body such as BNM and FMAM.
• Support relationships with customers in cooperation with Relationship Managers of Business Promotion Groups.
• Manages relationships with other banks, brokers and third-party vendors.
• Manages relationships with the Management, Board members and other decision makers as well as Treasury sections in other SMBC global branches. 
• Manages relationships with other relevant department heads/key persons and to collaborate in enhancing treasury operations and introducing treasury products/business initiatives.

Job Requirements

• Degree holders with professional certification and membership with PKMC. Preferably with Chartered Banker or relevant certification.

• Minimum 15 years of experience in Global Markets/ Treasury including knowledge of capital markets activities and foreign exchange and derivative products i.e. Interest Rate Swaps, and Cross Currency Swaps etc. 

• At least 5 years in performing at a senior management position in the financial industry.

• Demonstrated strong understanding of the local treasury and corporate banking business and market dynamics including financial performance, key objectives/challenges and competitive landscape.

• Extensive executive level management experience, decision making, planning, project management and organisational skills and knowledge and experience in dealing with large corporates, government and non-government institutions.

• Goal-driven and highly adaptable to fast paced environment.

• Proven track-record in Malaysia and strong client relationships and able to provide advisory services to clients. 

• Excellent leadership and interpersonal communication skills, with a demonstrated ability to build and motivate high-performing teams.

• Strategic thinker who supports the goals and direction of the Bank.

• Ability to partner across lines of businesses and leverage internal resources within the Bank.

• Strong leader with track record of coaching and developing talent and partnering well across boundaries.