Liquidity and Funding Trader in Miami, Florida at Banco de Credito e Inversiones

ABOUT BCI

Bci provides financial services to individuals and corporation. We focus on being a global leader in innovations and personalized client experience and, with more than 10,500 employees, Bci is recognized as one of the best companies in which to work and develop a career. It is the third largest privately owned bank in Chile and it has more than 300 branch offices throughout Chile and representative offices in other countries.

Bci is an Equal Opportunity Employer - All qualified applicants will receive consideration without regard to race, color, religion, gender, national origin, age, disability, veteran status, or any other factor determined to be unlawful under applicable law.

The Liquidity and Funding Trader supports the execution of the branch’s short- and medium-term funding operations. Working under the guidance of the Treasury Manager and peers, this role assists in issuing money market instruments, monitoring cash flow activity, executing daily funding trades, and ensuring daily liquidity and funding metrics remain within policy and regulatory limits.

The duties of the position include, but are not limited to, the following:

• Monitor and analyze global market indicators, including interest rate trends, economic news, and geopolitical developments, to propose pricing decisions and identify strategic shifts in the funding landscape.

• Assess the daily liquidity position and future daily cash flows of the branch to determine immediate funding requirements and ensure all operational cash needs are met for the current day.

• Assist in the issuance and operational execution of short-term money market instruments, including Commercial Paper (CP), Yankee CDs, Time Deposits, and Repo transactions.

• Support the daily pricing workflow by gathering market rate indications and helping update published rate schedules and cost of funding (FTP).

• Calculate cost of funds, breakage costs and transaction adjustments for loans and deposit facilities.

• Support the execution of the yearly funding plan by compiling liquidity pipeline data, tracking maturities, and preparing desk analytics.

• Assist with operational and settlement workflows for long-term borrowings and Medium-Term Note (MTN) issuances.

• Analyze liability concentration metrics and liquidity ratios to identify structural gaps and balance sheet optimization opportunities.

• Collaborate in the development and execution of pricing opportunities for new structured products to increase branch funding and profitability.

• Monitor key internal and regulatory liquidity metrics (e.g., liquidity coverage, concentration limits), preparing regular compliance and tracking reports.

• Proactively leverage AI, programming, and available and authorized technologies to automate complex processes, drive operational efficiencies, and cultivate new initiatives while maintaining financial accuracy.

3. Counterparty & Operational Administration

• Interact directly with broker-dealers, institutional clients, and commercial areas to execute routine transactions, confirm trade details, and answer pricing inquiries, while actively developing and maintaining strategic institutional relationships.

• Coordinate onboarding documentation for new institutional investors and counterparties, ensuring customer profiles and accounts are correctly set up and maintained within the bank's required platforms.

• Prepare ad-hoc financial data models and presentations for management and Treasury committee reviews.

• Maintain professional bilingual communication capabilities (English and Spanish) to coordinate with local leadership, Head Office counterparts, auditors, and market counterparties.

• Maintain regular attendance during regular business hours, work flexible hours when necessary to accommodate market events or critical desk deadlines, and travel as required.

• Assume evolving duties and responsibilities of the position over time and provide coverage for other Treasury/branch positions as assigned by management.

• Must provide timely and appropriate responses to requests for information and/or customer complaints or concerns and provide appropriate follow-up to ensure issues are resolved.

• Ability to carry and lift boxes and/or other objects that may weigh between 10 and 25 pounds.

In the performance of their duties, all Bci - Miami Branch staff members are required to comply all state and federal regulatory and legal requirements, including the Bank Secrecy Act, the Federal Election Campaign Act of 1979, the Foreign Corrupt Practices Act, and the Bank Bribery Amendments Act. Additionally, all staff members must comply with in the Bci’s Personnel Manual and Code of Ethics and other policies of Bci which are either currently in place or which may become effective during the staff member’s employment.

Bachelor’s degree in Finance, Economics, Business Administration, or Accounting required. Master degree not required but highly desirable.

Progress toward or interest in professional certifications (e.g., CFA, FRM, or BTRM) is an advantage.

Minimum of 2 to 4 years of relevant financial experience within banking, treasury operations or capital markets.