Treasury Associate
Position Title: Treasury Associate
Job Summary:
Processing of daily cash settlement obligations to various counterparties/custodians/banks and monitoring of trade and non-trade receivables and payables of Investments.
Required Qualifications and Skills:
- Degree in Finance or Business-related courses
- 3 years of settlement experience
- Knowledge and exposure to Money Market and Foreign Exchange and/or Derivative products, Treasury Operations, and payment processing.
- Advanced Excel and MS Office skills.
Key Responsibilities:
In charge of the end-to-end settlement processing and validation of foreign and local requests for bank payment execution.
- Cross Border Transfers
- Domestic Transfers
- Letter of Instructions for Time Deposit placements, Foreign Exchange deals, Government Securities, Corporate Bonds, and USD-denominated bonds
- Check preparation
- Online payments
Bank Reconciliation
- Help with the reconciliation of bank statements to ensure that all transactions are accurate and up to date
- Monitors managed GL account and escalates to the concerned unit for proper and timely resolution
- Checks accuracy and completeness of all accounting entries within the given cut-off
- Review documents, proof sheets, and reports on time
Feedback and Issue Resolution
- Resolve trade pre-matching and pre-settlement issues by coordinating with banks, custodians, and counterparties
- Escalate and report issues according to internal protocols.
Compliance
- Complies with the existing policies and control procedures and performs other tasks for the accomplishment of the Department’s goals
- Review and submit regulatory reports before the deadline
Administrative
- Maintain accurate records, update static data, and follow daily checklists.
- Update annual bank requirements such as Customer Information Form and Signature Cards.
- Assist with project-related and other ad-hoc tasks.
Process Improvement & Training
- Document procedures, update risk assessment, enhance workflows, and support training for new team members.
Position Title: Treasury Associate
Job Summary:
Processing of daily cash settlement obligations to various counterparties/custodians/banks and monitoring of trade and non-trade receivables and payables of Investments.
Required Qualifications and Skills:
- Degree in Finance or Business-related courses
- 3 years of settlement experience
- Knowledge and exposure to Money Market and Foreign Exchange and/or Derivative products, Treasury Operations, and payment processing.
- Advanced Excel and MS Office skills.
Key Responsibilities:
In charge of the end-to-end settlement processing and validation of foreign and local requests for bank payment execution.
- Cross Border Transfers
- Domestic Transfers
- Letter of Instructions for Time Deposit placements, Foreign Exchange deals, Government Securities, Corporate Bonds, and USD-denominated bonds
- Check preparation
- Online payments
Bank Reconciliation
- Help with the reconciliation of bank statements to ensure that all transactions are accurate and up to date
- Monitors managed GL account and escalates to the concerned unit for proper and timely resolution
- Checks accuracy and completeness of all accounting entries within the given cut-off
- Review documents, proof sheets, and reports on time
Feedback and Issue Resolution
- Resolve trade pre-matching and pre-settlement issues by coordinating with banks, custodians, and counterparties
- Escalate and report issues according to internal protocols.
Compliance
- Complies with the existing policies and control procedures and performs other tasks for the accomplishment of the Department’s goals
- Review and submit regulatory reports before the deadline
Administrative
- Maintain accurate records, update static data, and follow daily checklists.
- Update annual bank requirements such as Customer Information Form and Signature Cards.
- Assist with project-related and other ad-hoc tasks.
Process Improvement & Training
- Document procedures, update risk assessment, enhance workflows, and support training for new team members.