Market Dealer at Shell

What’s the role

• Reporting to the Head of Liquidity & Foreign Exchange (LFX), the role is a key interface between Shell and external financial markets, dealing foreign exchange, investing Group cash and ensuring that operating companies are funded.
• You will be a key member of the Treasury Front Office team who are accountable for the Group’s cash investment strategy, liquidity and foreign exchange dealing.
• You will have a broad network of interfaces across Treasury departments and Group Finance, as well as day to day contact with the Group’s broad banking relationships.
• This role provides a fantastic opportunity to gain an overview of all areas of Shell Treasury and Group funding, building upon your expertise in financial markets and banking.

What you’ll be doing

• You’ll be working closely with other Front Office team members in London and with wider stakeholders in Treasury. You will manage group foreign exchange (~$250bln per year), utilising world-class technology and defining market strategies while operating within defined risk tolerances. You will also invest group cash (>$20bln), managing the portfolio based on credit risk, liquidity and yield. The role requires high levels of engagement and coordination with stakeholders throughout Treasury and the wider business; you will be involved in implementing intra-group funding around the world, engaging with Treasury Managers on M&A and refinancing projects, advising on FX and execution.

More specific duties include:

• FX dealing including spot & forward FX and currency swaps, and interest rate exposure management
• Cash investment, focusing on money market funds, reverse repo and term deposits
• Execution of intra-group funding including loans, derivatives and current accounts
• Developing and maintaining external relationships with approximately 25 relationship banks

What you bring

• You’ll be an experienced Treasury dealer, comfortable utilising trading platforms such as Bloomberg, and working across Treasury Management Systems. You will have knowledge and experience of market best practice and a range of instruments in the FX and Money Markets.
• The Treasury Dealer will have significant experience with Financial Markets and/or be a qualified Treasurer (Association of Corporate Treasurers or equivalent) or hold similar professional finance qualification, demonstrating expertise across the spectrum of Finance competences. We’re keen to hear from applicants with a problem-solving mindset and experience in coaching colleagues as a subject matter expert.

Candidates will build the following finance competencies through this role:

• Corporate Treasury
• Risk management
• Value management
• Business performance management
• Finance process excellence
• Financial Controls
• Governance & Assurance