Junior Treasury Dealer

Junior Treasury Dealer

This position reports to the Vice President, Head of Treasury and will assist with managing the Cayman Islands Repo, Money Market & Foreign Exchange books. The incumbent has the opportunity to develop knowledge further and become experienced in an active trading environment, be part of a team that delivers exceptional client service, works to tight deadlines and is continually looking to improve working practises and procedures.

Your responsibilities will include:

• assisting with the day-to-day operation of the Bank’s Repo, Money Market and Foreign Exchange books
• placing and taking funds via the Repo & Money Markets and ensuring the appropriate level of funds at the Bank’s correspondent accounts
• acting to enhance returns on the Bank’s funds and maintain liquidity within internal and regulatory requirements
• assisting with reporting requirements for the desk and maintenance and control of the Bank’s client deposit interest rate structure
• preparing and publishing deposit rate sheets to client facing teams and providing ad-hoc client deposit rates
• providing clients of the Bank with quotations of spot and forward foreign exchange rates, monitoring exposure and manage risk in the interbank market
• assisting the Treasury and client facing teams in promoting the Bank’s services to develop new and existing counterparty and client relationships
• assisting with reviewing and updating Treasury procedure manuals.

About the team

The Treasury department is responsible for overseeing Butterfield’s financial resources. Its responsibilities include balancing and managing the daily cash flow and liquidity of funds within the Bank. The department also handles the Bank’s investments in securities, foreign exchange, asset/liability management and cash instruments.

Your qualifications and skills include:

• strong academic background.  Ideally a recent graduate in a finance related degree
• previous financial experience either through internship or career experience would be an advantage
• high degree of self-motivation, efficient time management and excellent organisational and communications skills
• stable and calm temperament to work accurately and effectively under the pressures arising from working in active markets with high value tickets to tight deadlines
• excellent numerical, communication and interpersonal skills for the clear and concise provision of instructions and advice
• ability to work in a fast-paced environment as part of a team
• proficient in MS office suite.