Responsibilities
The role will be accountable for the day-to-day portfolio within Asia and managing a team of Treasury Officers. Specifically this will include:-
Foreign Exchange Management
- Maintain good relationships with internal stakeholders to understand requirements and associated FX and IR risks arising from these businesses
- Execute FX and IR hedging transactions for trading desks and internal funding requirements
- Provide daily settlement of regional currency FX books
- Provide daily updates to stakeholders on regional FX and IR developments
- Ensure sufficient FX lines and coverage for business requirements in Asia
- Be the source of contact on FX rules and regulations in Asia
- Provide support to counterparts in Europe for FX and IR risk management activities
- Involved in ISDA negotiation with banks
Cash Flow Management
- Handle daily cash management with regards to intercompany transfers
- Make efficient cash management decisions quickly through the day
- Coordinate daily with Trade Finance team with regards to loan management
- Work closely with the Accounting (Accounts Payable) team on payments and liaise with banks should any form of settlement issues arise
- Monitor cash management reports, provide accurate forecast and reconciliations
- Involved in negotiating with banks with regards to cash operations and documentation
Funding
- Assist the Asia Treasurer and senior management on funding requirements for Asia
- Manage banking relationships with banks and other external stakeholders
Team Management
- Supervise and Train a team of 2 treasury officers
- The role is central to the trading activity and requires close cooperation with a number of key internal stakeholders, including traders, operations, credit, accounting, tax, legal, trade finance, middle office, and finance middle office teams.
Qualifications & Competences
- Over 5-8 years experiences in Treasury department in commodities industry or banks
- Ability to build and maintain effective relationships with our internal and external counterparties
- Detailed knowledge of FX and IR markets, especially regional currencies
- Knowledge of cash management in a corporate
- Accountable, willing to take ownership of tasks and follow up on goals
- Curious, proactive, analytical with the ability to make reasoned risk decisions
- Ability to meet tight deadlines and potentially conflicting priorities
- Strong communication and interpersonal skills
- Team player and independent