Senior Treasury Dealer

At RACQ, we’re good people doing good things, making a positive impact every day, with opportunities to learn, grow, and be more.

About the role

The Senior Treasury Dealer is responsible for managing wholesale funding, securitisation programmes and liquidity risk for the bank in compliance with prudential requirements, Risk Appetite Statement (RAS), strategy, budgets and policy requirements.

The Senior Treasury Dealer is also responsible for providing timely and accurate reporting and analysis to the Manager Bank Treasury and other key stakeholder groups across the business including the Asset and Liability Committee (ALCO), Bank Executive Committee (BEX) and the Board. 

As part of a small Bank Treasury team, the Senior Treasury Dealer also provides backup for and undertake other Treasury team roles and responsibilities from time to time.

Key responsibilities:

• Plan, negotiate and arrange transactions under the bank’s debt and securitisation programmes in accordance with the bank’s liquidity management strategy and annual three-year funding plan.
• Subject to market conditions and in collaboration with Manager Bank Treasury, ensure pricing and volumes are aligned with the bank's budget and funding requirements,
• Maintain the bank's internal and external securitisation programs ensuring compliance with APRA, RBA and internal requirements. This includes reconciliations, monthly external reports, as well as completing top-ups as necessary to meet funding and prudential requirements.
• Regularly review the bank’s existing debt programmes and establish new programmes in accordance with the bank’s approved liquidity management strategy and annual three-year funding plan.
• Prepare reporting and analysis covering securitisation and funding markets as well as the bank’s current and expected funding needs. Deliver this information to key internal stakeholders in a timely and accurate manner.
• Support and advise the Manager Bank Treasury with respect to the bank’s wholesale funding and securitisation programs.
• Develop and maintain relationships with wholesale investors, lead managers and advisors to grow and diversify the investor base.
• Proactively manage the bank’s liquidity holdings with respect to considerations such as market conditions, budgets, cashflows forecasts, limits and policy requirements.
• Review and update the bank’s financial and risk modelling relating to wholesale funding and liquidity requirements to ensure positions, assumptions and forecasts are accurate, in line with strategic objectives and market conditions.

About you

• University degree in relevant study area  
• 5+ years relevant experience
• Demonstrates a strong understanding of financial market products, liquidity management and funding markets
• Understands and is knowledgeable about bank / ADI regulatory requirements pertaining the treasury
• Experience with treasury management, market information and cleating systems e.g. GTreasury, Thomson Reuters, Austraclear
• Knowledge of asset and liability management and the broader dynamics of a bank balance sheet such as interest rate risk
• Experience with residential mortgage-backed securitisation transactions, self-securitisation and capital relief Demonstrate a strong ability to solve problems, perform numerical calculations and interpret data in different situations. 
• Demonstrate a strong ability to read, analyse and communicate written and verbal information. 

Why join RACQ?

It is an exciting time to be part of RACQ as we continue our transformation towards better, smarter solutions that deliver more security and prosperity for Queenslanders. We are big enough to make a real difference in our community, yet small enough to nurture your professional and personal development.

By joining RACQ, you’ll be part of new sustainability initiatives, including a commitment to being a carbon neutral organisation by 2032. We’ve invested in and partnered with sustainable companies, including the introduction home solar and batteries, Green Home and Car Loans, and many other products and initiatives.  We’ll continue to advocate for, research, and offer green solutions.

RACQ is committed to ensuring that every employee has access to flexibility in their role. We encourage all candidates to discuss what flexibility means to you, and how we can help you find your balance.

At RACQ we are passionate about building a diverse and inclusive workplace to create better outcomes for our employees and our members. We aim for our teams to be a true reflection of our communities and are committed to inclusion particularly people of Aboriginal and Torres Strait Islander heritage, and those who may experience diversity or disability related barriers in securing employment. Applicants from these and other diverse backgrounds are encouraged to apply. If you have any support or access requirement, please advise us at the time of applying.

What we offer you:

At RACQ, we want you to succeed in work and life and feel supported to do good stuff daily. Whoever you are, wherever you’re from. Some of the good stuff our people have access to include:

Our employee benefits are designed to enrich your work life, your home and the community you live in, some of these include:

• Financial benefits and discounts on a range of banking, assistance and insurance products
• Give back to our communities with paid volunteer leave, payroll giving and volunteering for community events such as MotorFest.
• A range of flexible working and leave options, parental leave of 13 weeks primary carer leave, purchased leave up to 4 weeks per year, cultural observance leave, substitution of public holidays for cultural/religious reasons, personal leave for wellbeing, gender affirmation leave.
• Prioritise your wellbeing with discounts on health programs and access to wellbeing initiatives such annual flu vaccinations, corporate health insurance offer and free and confidential Employee Assistance Program (EAP). 
• Invest in your development with in-house development programs and access to an extensive digital learning platform.

You can check out all our employee benefits at https://www.racq.com.au/about-us/careers/employee-benefits

Ready to apply to do good stuff daily?

Please Note: to objectively and comprehensively assess your potential and suitability for the role, RACQ may require you to complete video interviews, psychometric assessments and/or criminal history check as part of the application process. If you require any adjustments during the application process, please advise the RACQ Careers team.

Questions? Please contact *******@racq.com.au or visit www.racq.com.au/about/careers/our-recruitment-process