Job Description

Description

Primary Objective:

• Manage deposit placements for UT (wholesale & retails funds) and non-UT funds (private mandate) for best interest rates to maximize the fund yield. Duties include survey interest rates, plan deposit placement and check exposure limit.
• In-charge of Feeder Funds\xe2\x80\x99 investments and redemptions.

Key Responsibilities:

• Manage the deposit placement to fulfill the fund requirements and trades commitment to ensure smooth day-to-day operation.
• Check and monitor the financial institutions exposure limit is adhered to at all times as regulatory requirements to avoid any breaches and losses.
• Attend to internal and external client enquiries to serve effectively and efficiently.
• Obtain the cash flow report on daily basis from Fund Accounting Department for deposit placement planning.
• Generate the money market dealing ticket on daily basis for deposit placement planning.
• Plan deposit placement, survey and negotiate interest rates with authorized financial institutions for best rates to maximize the fund yield and return.
• Input and confirm daily money market transactions into Bloomberg AIM to flows to MFund MCY & Mfund Live for back office authorization.
• Participate in the Disaster Recovery testing to ensure smooth operation during disaster situation.
• Any other or ad-hoc duties as assigned by the supervisor.
• Monitoring cash level, doing subscription/ cancellation function for all the feeder funds
• Participate in ad hoc projects such as system implementation and process re-engineering for process improvement

Requirements

Requirements:
Diploma - Finance or related field.

1. At least 2 years working experience in asset management or related industry

2. In-depth knowledge in money market trading

1. Well knowledge of and ability using MS Office and Bloomberg

2. Good interpersonal and communication skills

3. Hands-on person and multi-tasks required

Benefits

Dental, Education support, Miscellaneous allowance, Medical, Loans, Sports (e.g. Gym), Parking, Vision, Regular hours, Mondays - Fridays, Casual Business Wear, Performance Based Rewards

RHB Bank