Market Dealer

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

What we offer

You bring your skills and experience to Shell and in return you work with talented, committed people on one of the most important challenges facing our planet. You’ll have the opportunity to develop the skills you need to grow in an environment where we value honesty, integrity, and respect for one another. You’ll be able to balance your priorities.

• Continuously grow the transferable skills you need to get ahead.

• Work at the forefront of technology, trends, and practices.

• Collaborate with experienced colleagues with unique expertise.

• Achieve your balance in a values-led culture.

• Benefit from flexible working hours, and the possibility of remote/mobile working.

• Perform at your best with a competitive pay and benefits packages.

• Take advantage of paid parental leave, including for non-birthing parents.

• Grow as you progress through diverse career opportunities in national and international teams.

• Gain access to a wide range of training and development programmes.

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Shell in The United Kingdom

Shell UK remains one of the North Sea’s biggest producers, supplying around 10% of the UK’s total oil and gas needs. But perhaps the most recognisable face of Shell in the UK is our network of over 1,000 Shell-branded service stations.

In the years ahead, as the UK looks to strengthen energy security and deliver its 2050 net-zero goal, Shell UK aims to play a crucial role. We aim to be a major investor in the UK energy system by helping our customers decarbonise with a focus on transport and industry.