Job Description
Job Summary Treasury Markets (TM) is the front-line markets execution arm of Treasury, playing a critical role in balancing the supply and demand of liquidity and capital across the Group balance sheet. As the first line of defence, TM is accountable for liquidity management, investment portfolio optimisation, and Interest Rate Risk in the Banking Book (IRRBB), while delivering sustainable returns and supporting strategic outcomes. The Executive Director, Investment Portfolio Manager (ASEAN) is a senior leadership role responsible for driving regional portfolio strategy, balance sheet optimisation, and interest rate risk management. The role requires deep expertise in financial markets, strong risk discipline, and the ability to optimise capital, liquidity, and returns within the Group’s financial resource framework. This position partners closely with Treasury, Risk, Finance, and country leadership teams to deliver Group-level performance, prioritising overall franchise outcomes over individual country or regional interests. Key Responsibilities Investment Portfolio Managers: • Proactively manage portfolio risk across counterparty, credit, and country exposures • Optimise portfolio composition balancing market pricing, credit returns, and asset liquidity • Align investment decisions with financial resource framework (capital, liquidity) to maximise RoTE • Prioritise liquidity as the primary objective, with RORWA/RoTE optimisation as secondary • Operate strictly within risk limits; seek approvals for incremental risk-taking • Maintain optimal asset allocation across HQLA and interbank exposures, ensuring regulatory compliance • Execute currency and interest rate arbitrage opportunities without compromising liquidity position • Utilise on- and off-balance sheet instruments (e.g. IRS) for hedging and portfolio optimisation • Manage portfolio primarily in the banking book to minimise P&L volatility • Provide market insights and escalate risks impacting portfolio perfor
