Associate Dealer/ Dealer, Exchange Rate Management Unit | Market Operations & Development (MOD)

The Dealer, Exchange Rate Management Unit acts as the main expert carrying out operations in the onshore foreign exchange market with his/her action having direct impact to the prevailing level of the ringgit and level of the Bank’s International Reserve position. The role demands quick thinking and ability to make split second decisions with limited information presented, as per the case with fast moving financial market movements. In addition, the role requires a candidate to be able to plan and analyse the best use of market strategies to achieve the Bank’s mandates in the FX market and management of International Reserves. The candidate should also display proactive curiosity in identifying and analysing various trends emerging and impacting the onshore FX market, with the desk having access to market participants, market trading activities and real-time flows data. 

PRINCIPAL ACCOUNTABILITIES 

Operations

• Conduct effective FX market operation according to the mandate provided by Management. 
• Managing the Bank’s liability book via effective use of various financial instruments. 

• To carry out required reporting of market operation and activities on a timely basis.

   

Market Surveillance and Intelligence Gathering 

• Conduct market intelligence and surveillance on all aspects of the domestic FX market.
• Carry out research and analysis of flows into and out of Malaysia to identify trends and inform policy formulation within the Bank.
• Assess and analyse domestic and global developments that will impact, among others, FX market conditions, flows and onshore financial market conditions.
• To carry out ad-hoc research and analysis on topics of interest surrounding the domestic FX market and International Reserves. 

Market Development Initiatives

• To work on market development projects to improve market depth, including but not limited to, cross departmental collaboration on policy formulation and new market initiatives. 

ONLY SHORTLISTED CANDIDATE WILL BE NOTIFIED

QUALIFICATIONS 

• Academic Qualifications: Degree in accounting, economics, banking, finance, mathematics or related fields. Professional qualifications (eg PKMC, CFA, FRA, CAIA, etc) would be an added advantage.

   

• Experience:

  Associate Dealer: Minimum 1 – 3-year(s) experience in financial and/or financial market related sectors

  Dealer: Minimum 4 years’ experience in financial and/or financial market related sectors

PREVALENT & EMERGING SKILLS

Market Operations

• Prevalent: Quick thinking, ability to make split second decisions, risk management, cost-benefit analysis.
• Emerging: Use of models and advanced technological tools to inform on decision making.

Market development, research and analysis

• Prevalent: Proactive, curiosity, problem solving.
• Emerging: Use of big data and data visualisation tools to further interpret larger and more complex data sources.