What does a person in this occupation do?
A Treasury Dealer works directly under the leadership of the Chief Investment Officer or Treasurer. Primary duties are to select the best short-term investment strategies to place (invest) daily cash surpluses on securities exchanges and in private placements. A Treasury Dealer would typically hold a bachelor’s degree in a business-related field.
A Treasury Dealer has the following duties:
- Managing Treasury Front Office as the bank’s main dealer
- Dealing in foreign exchange, primary, spot funds etc.
- Performing money management and dealer functions
- Managing placements and settlement with banks
- Managing and monitoring the bank’s day to day liquidity
- Liaising with other banks for foreign exchange, money market limits, etc.
- Keeping management informed of any changes in the treasury portfolio or changes in legislation that may affect the bank’s operations
- Hands-on control, monitoring and placement of cash resources
- Maximising returns on cash investments
- Strong analytical skills
- Ability to plan and multitask
- Emotional maturity
- Excellent communication skills and good correspondence etiquette
- Organised with attention to detail
- Report writing
- Computer skills, specifically MS Office programs
- Service orientated
- Work well under pressure
- A Financial B Degree or suitable equivalent to an NQF 6 is essential
- CPA licence is usually required
- Follow university degree
- Obtain CPA certification
- In-service experience
- Banking sector
- Financial institutions
- Large corporations