Head, Corporate Treasury

Bank of Singapore opens doors to new opportunities. At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group’s global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today! WHAT YOU DO BOS Corporate Treasury, under the BOS CFO Office, is seeking a Treasury professional to lead the Corporate Treasury team. The role is responsible for driving balance sheet strategy and managing the Bank’s liquidity, funding, and interest rate risk. The ideal candidate should possess strong ALM and treasury experience, demonstrate strategic thinking, and have a proven track record in balance sheet and financial management. Balance Sheet Strategy and Management • Develop and execute the Bank’s balance sheet strategy to support overall business objectives, optimize financial performance, and maintain a resilient balance sheet across varying market conditions • Lead the development and enhancement of balance sheet, liquidity, funding, and net interest income (NII) analytics and forecasting capabilities. Provide insightful analysis, modelling, and management reporting to support strategic decision-making and long-term business planning • Partner closely with Front Office, Product, Finance, and other key stakeholders to drive sustainable growth in loans and deposits, support Assets Under Management (AUM) expansion, and improve balance sheet efficiency and profitability • Evaluate balance sheet trends, market developments, and business performance to identify opportunities, risks, and strategic actions that enhance funding stability, liquidity management, and earnings growth • Coordinate and align balance sheet initiatives with Group Corporate Treasury and relevant stakeholders across the organization, leveraging Group expertise, platforms, and synergies to achieve the Bank’s strategic and financial objective • Provide thought leadership on balance sheet management, ensuring that funding, liquidity, capital, and interest rate risk considerations are effectively incorporated into business strategy, product development, and growth initiatives Fund Transfer Pricing (FTP) Policy and Framework • Review and optimize Funds Transfer Pricing (FTP) frameworks to support business strategy, promote the growth of stable and cost-effective deposits, and ensure appropriate risk-adjusted returns across lending activities. • Develop, maintain, and enhance FTP policies, methodologies, and governance standards, including Liquidity Premium (LP) frameworks and strategic pricing adjustments, to align business incentives with the Bank’s balance sheet objectives. • Monitor market developments, funding conditions, and balance sheet dynamics to recommend FTP enhancements that strengthen the Bank’s liquidity profile and overall financial performance • Partner closely with business and product teams to develop and implement pricing strategies that support sustainable business growth while maintaining market competitiveness and profitability • Design and execute targeted pricing and deposit campaigns to drive loan and deposit growth, support Assets Under Management (AUM) expansion, and accelerate Net New Money (NNM) acquisition Liquidity Management and Funding Strategy • Oversee the Bank’s funding and liquidity position to ensure sufficient liquidity is maintained at all times, supporting business operations while meeting internal risk appetites and regulatory requirements. • Manage day-to-day funding activities, including Money Market placements and borrowings, FX swaps, and cash transfers with Group OCBC, to optimize funding costs, enhance returns, and maintain liquidity within approved risk limits. • Monitor and manage the Bank’s High Quality Liquid Assets (HQLA), for BOS Hong Kong Branch, to ensure adequate liquidity buffers are maintained and all regulatory requirements, including the Liquidity Maintenance Ratio (LMR) and Liquidity Adequacy Ratio (LAR), are met • Ensure compliance with all liquidity and funding regulations by actively monitoring key risk indicators and limits, including MCO, counterparty limits, and regulatory liquidity ratios, and escalating potential breaches in a timely manner • Develop and implement funding and liquidity strategies to support balance sheet growth, optimize resource allocation, and strengthen the Bank’s overall liquidity and funding resilience Interest Rate Risk Management • Manage the Bank’s interest rate risk by aligning the interest rate sensitivity and duration of assets and liabilities within approved risk appetite and PV01 limits • Develop and implement strategies to optimize the balance sheet’s interest rate profile, minimizing the impact of market rate movements on the Bank’s net interest income (NII) and earnings stability • Collaborate closely with Group Global Markets and ALM Risk Management teams to ensure asset and liability growth remains aligned with the Bank’s interest rate risk appetite, approved risk limits, funding strategy, and balance sheet objectives Business Advisory, Projects, and Strategic Partnerships • Lead the annual budgeting process, three-year strategic planning, and Internal Capital Adequacy Assessment Process (ICAAP) for balance sheet, funding, liquidity, and net interest income (NII) forecasting. Provide robust financial analysis and forward-looking insights to support strategic business decisions and financial targets • Develop and maintain balance sheet and NII forecasting models, stress-testing capabilities, and scenario analyses to evaluate the impact of market developments, business growth strategies, and regulatory…