Head of Global Markets

Algeria - Algeria

Some careers grow faster than others.


If you’re looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.


The job purpose is to manage, direct & control all aspects of Markets operations in Algeria, supporting overall Markets & Securities Services (MSS) strategy in maximizing shareholders return & preserve business reputation in all respects. 


In this role, you will:


·Manage the day-to-day treasury aspects including the efficiency of Balance sheet risk management and associated market risks creating value and maximizing net interest income.


·Provide FX and Rate Risk Management solutions to wholesale banking clients meeting their expectations and in return our financial objectives.


·Closely work ALCO, governance committees and regional functions to implement strategic policies. Ensure all foreign exchange positions are appropriately covered & closing positions for the day are well within the FX limits mandate.


·Maximize profitability of bank’s FX business & MMK activities by increasing business volumes, maintaining healthy margin & controlling overheads.


·Submit proposals to the management on launch of new Product & Services i.e. NPDD process as appropriate.


·Participate, implement & manage the Fund transfer pricing policy.


·Manage the liquidity under LCR/NSFR rules and work in collaboration with ALCM to comply with the liquidity rules.


·Ensure effective communication and understanding of the strategic transformation/agenda across key stakeholder groups at a global, regional and country level.


·Support the growth of the execution capability of the business to ensure delivery of initiatives and strategic business process and operational transformation.


·Maintain awareness of the applicable regulatory and business environment: understand audit, tax and legal implications and changes as they affect the customers and the Bank.


·Interfacing with regulatory bodies through establishing a strong two-way communication.


·Senior escalation point for risk issues and client feedback.


·Establish and maintain high level of contacts with current & target customers, regulatory authorities, to gain insight into their future treasury needs, services, products & new regulation.


·Create a professional proactive, and performance driven culture, motivate staff by communications and involvement. Plan ahead for continuity of skills, people development, and training.


Post date: Today
Publisher: Bayt
Post date: Today
Publisher: Bayt