Are you a dedicated professional in Treasury within the banking industry?

Have you consistently delivered high performance in your roles?

Are you motivated to go the extra mile to create value for your organisation?

The Korea Development Bank (KDB), Korea’s policy bank, is establishing its Sydney Branch in the heart of the Sydney CBD to conduct wholesale banking operations in Australia. As a member of the founding team, you will play an important role in supporting the set-up, establishment and stabilisation of the Branch, helping to build a strong operational and compliance framework from the ground up!

We are seeking a highly motivated Senior Associate – Treasury to join our friendly, collaborative and supportive team. In this role, you will play a key operational role in supporting the day-to-day functions of the Branch’s Treasury desk, including liquidity monitoring, funding activities, FX transactions and corporate deposit administration.

About the Role

Reporting to the Head of Treasury, you will play a key operational role in supporting the day-to-day functions of the Branch’s Treasury desk, including liquidity monitoring, funding activities, FX transactions and corporate deposit administration. You will be responsible for executing routine treasury transactions, maintaining daily transaction logs, and providing comprehensive analytical and administrative support to senior team leadership.

This is a dynamic position requiring strong numerical aptitude, adaptability, and excellent attention to detail. You will be encouraged to develop your technical skills within the banking industry, participate in cross-training, and contribute to the ongoing growth of the Branch’s treasury capability.

Key Responsibilities

- Monitor and report on daily cash flows and liquidity positions, ensuring the Branch’s intraday activities remain strictly within regulatory and internal policy requirements.

- Execute routine treasury transactions (including corporate deposits, NCD, MM and FX transactions)



under management guidance to support liquidity requirements.

- Support the Head of Treasury in diversifying interbank counterparty networks and corporate client relationships through professional, day-to-day communication.

- Assist in drafting and updating operational manuals, checklists, and standard operating procedures (SOPs) for treasury and deposit operations.

- Prepare daily (including LCR inputs), monthly, and ad hoc reports relating to treasury, market risk, and funding activities for senior review.

- Provide data input, analytics, and administrative support for regular liquidity stress testing, Local Operational Capacity (LOC) assessments, and annual Contingency Funding Plan (CFP) testing.

- Gather data, conduct portfolio data analysis and compile reports requested by internal and external stakeholders, ensuring high data integrity and accuracy.

- Prepare high-quality presentation materials and spreadsheets for management meetings and investor relations.

- Participate in various treasury-related system implementation, testing, process improvement and localization projects.

- Maintain robust internal controls and strictly adhere to compliance frameworks, including AML/CTF and APRA guidelines in day-to-day operations.

- Undertake ad hoc tasks as required to support the Treasury team.

What We’re Looking For

- A relevant tertiary qualification in Finance, Accounting, Economics, Business, or a related discipline.

- Minimum 2 to 3 years of hands-on experience in treasury or money market operations within the banking or financial services sector.

- Good foundational exposure to FX, money markets, corporate deposits, or basic derivative products.

- Strong proficiency in MS Word, Excel, and PowerPoint.

- Full, unrestricted working rights in Australia.

This chance will suit a proactive, self-motivated professional who thrives in a start-up environment and is excited to take on new challenges with a “can-do” attitude. Attention to detail, excellent communication, and strong interpersonal skills are essential.

📌 Treasury - Senior Associate (KDB Sydney)
🏢 Korea Development Bank
📍 Sydney