Money Markets Dealer

Money Markets Dealer – ING Australia

The Liquidity Management and Money Market (“LM&MM”) team is responsible for ensuring that the bank remains compliant with internal and external liquidity requirements and limits.

The team deals with external parties including the Reserve Bank of Australia and fixed income investors. It deals in overnight cash, NCD/ECP issuance, collateral management and Foreign Exchange transactions. This small team works closely with other Group Treasury teams in Australia and the global Liquidity Management team to ensure efficient management of the bank’s position and balance sheet.

In this position you will work alongside a Senior Dealer, and the Manager Treasury, Liquidity and Money Markets executing ING’s money market activities and assisting to manage our Exchange Settlement Account.  

What you’ll do

Daily management of the bank’s cash position. Assist to forecast liquidity requirements over short and medium term

Develop and execute short term cash strategies such as executing and managing FX transactions

Interest rate hedging. Use of different tools to add value Identifying opportunities and pro-actively managing assets  

Use derivatives to mitigate risk

Work closely and effectively with internal teams – Market Risk, Finance and Operations

Identify issues in risk/liquidity reporting and taking appropriate actions

Comply with all Internal and External Risk appetite guidelines and compliance  

What we’re looking for

 Minimum undergraduate degree in Finance or related disciplines

3+ years’ experience working in finance or related sector

Knowledge of basic money market, liquidity and balance sheet concepts and instruments

Excellent MS Office, Advanced Excel and preferable skills in Sequel query writing

Team player with Strong communication skills (verbal and written)

High attention to detail

Ability to work well under pressure and multi-task

Analytical and Problem identification skills

Ability to build relationships at all levels

What’s in it for you?

Access to more than 16,000 professional and personal development courses to support your growth.

Discounted ING Health Insurance and salary continuance insurance to help support your wellbeing and security.

An additional Rest Day to help you recharge and look after your wellbeing.

About ING

At ING, we want to make life simpler and more worthwhile for everyone who banks with us, works with us and is part of the broader community.

When you join ING, you become part of a team where individuality is not just accepted, it is encouraged. We have built a culture that is friendly, supportive and open — the kind of place where you can be yourself, contribute your perspective and do meaningful work.

We give people the freedom to think differently, take ownership and make great things happen. We are here to help you get ahead. With our global network, there is also scope to take your career in new directions, including opportunities you may not have considered before.

We are proud to be a WGEA Employer of Choice for Gender Equality and a certified Family Inclusive workplace.

Sound like the kind of place where you could do your best work? We would love to hear from you.

(One last thing: ING operates a direct talent sourcing model, so no agency introductions, please.)