Join the Leading Bank of the South Pacific
Bank South Pacific (BSP) is a modern and energetic bank with the largest branch, rural and electronic banking networks in Papua New Guinea, Fiji, Solomon Islands, Cook Islands, Samoa, Tonga, Vanuatu and Cambodia. BSP is committed to providing the highest level of service combined with market leading financial solutions to our corporate and retail customers.
TREASURY LIQUIDITY MANAGER
This position is based at Ravalien Haus – Harbour City (Port Moresby) and reports directly to the Head of Liquidity Management & Quality Assurance. The success candidate will be responsible to:
- Manage PNG’s domestic & foreign currency liquidity positions (exposures) on a daily basis with a view to maximizing revenue within Market Risk Parameters, Prudential Guidelines & the Administrative & Operational Guidelines for the Foreign Exchange Market.
- Manage BSP’s foreign currency risk positions to minimize market risk.
- Actively engage with Government, Bank of Papua New Guinea, onshore/ offshore interbank market & Non-PNG Countries in a transactional & advisory capacity.
- Actively engage with internal stakeholders in relation to liquidity, positions, exchange & interest rates and general global markets information flow
- managing PNG’s foreign exchange trading book positions,
- calculation of foreign exchange rates of exchange settings & issuance of daily published rates of exchange,
- pricing of interbank & non-PNG Countries foreign exchange transactions,
- lodgement of foreign currency orders in the PNG foreign exchange interbank market,
- dealings in the PNG foreign exchange interbank market,
- dealings in the off-shore Interbank (including Non-PNG Countries) foreign exchange market, Money Market;
- funding the Bank’s exchange settlement account,
- funding the Bank’s consolidated foreign currency balance sheet,
- completing PNG Government (including BPNG) bid forms in accordance with GALCO and/or Liquidity Committee directives,
- pricing PGK & foreign currency money market transactions in line with GALCO directives,
- money market dealings in the PNG interbank market,