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Central Region (City Area), Singapore
Onsite
About UOB
United Overseas Bank Limited (UOB) is a leading bank in ASEAN with a global network in Southeast Asia, Asia Pacific, Europe and North America. Operating through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, we have a global network of about 430 branches and offices in 19 markets. At the heart of UOB is our culture, shaped by the UOB Way and anchored on our four values – Honourable, Enterprising, United and Committed. For more than 90 years, these values have guided how we do right by our customers, collaborate with one another and create long-term value for the communities we operate in. As One Bank, we are committed to helping our colleagues build sustainable careers grounded in purpose, supported by strong values, and enriched with meaningful opportunities to grow.
Job Description
The role of Interest Rate Strategist reports into the Head of Markets Strategy and is a team member of the UOB Group’s Global Economics & Markets Research, working closely and complementing with the various Market Strategists and Macro Economists within the Research team.
Key responsibilities for Modelling, Forecasting, Research and Analysis of Interest Rates
Taking in central bank monetary policy outlook from the various Macro Economists, to craft forecasting models and produce regular point forecasts with clear views for key interest rate benchmarks that are important to UOB Group and our clients.
In particular, these include key US interest rate benchmarks like SOFR, 10 Year US Treasuries yield, key SG interest rate benchmarks like SORA, 10Y SGS yield, key CH interest rate benchmarks like MLF, LPR etc and various key money market rates and government bond yield benchmarks across the Developed Markets (DM) space as well as across Asia and ASEAN.
To write and produce various regular literature and reports on interest rate and yield outlook. These include the daily Markets Overview report, monthly FX and Rates Strategy report as well as the quarterly Global Outlook report etc.
Beyond the regularly forecasting and analysis, to contribute to various ad hoc interest rate, yield curve related analysis and discussion whenever there are market moving events.
A strong quantitative modelling background, with strong excel and strong Bloomberg skills is a must.
Important Skills for Advisory, Communication and Presentation
Equally important part of the job includes making presentation and engaging both internal stakeholders as well as external clients on various interest rate topics and queries.
Specifically for external client engagement, these include strong support together with relationship managers and respective sales teams for key clients of UOB Group across the Wholesale Bank, Corporate Bank, Global Financial Institutional Bank, Global Markets etc.
The role is a key “ambassador” for UOB on interest rate outlook and expertise and need to have a strong set of presentation and communication skills to speak at various client and industry events.
Regular media engagements on TV and Print is required, particularly for key local media like CNA, Straits Times, Business Times, as well as key financial media like Bloomberg, Reuters and CNBC.
Additional Understanding of Fixed Income Market and Credit Research
Secondary understanding of regional Fixed Income markets as well as an ability to do bottoms up single securities Credit Research is a plus. These are needed to supplement the key priorities of Interest Rate modelling and forecasting.
Candidate needs to have at least 3 to 5 years of working experience as an interest rate strategist or a similar job. A major in economics or quantitative finance is preferred. A strong quantitative modelling background, with strong excel and strong Bloomberg skills is a must.
Additional Requirements
CMFAS M5 - Rules & Regulations for Financial Advisory Services - Singapore, CMFAS M6A - Securities and Futures Product Knowledge - Singapore, CMFAS M6 - Securities Products and Analysis - SingaporeBe a Part of the UOB Family
UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.
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