Treasury Operations Analyst
Cargill
Position Purpose
Global Treasury's purpose is to enhance Cargill's competitiveness and its ability to be the partner of choice by delivering world class financial and risk management products and services. Treasury's mission is to deliver imaginative and value creating solutions in: Credit access and relationship management, funding and foreign exchange, cash management and treasury operations, financial consulting and analysis.
Treasury in Singapore is one of 3 global Treasury hubs of Cargill, comprising Funding Service Desk activities supporting the corporation's various financial and financing requirements, and the financial trading activities of the joint Treasury Emerging Markets Trading (EMT) business in Asia. The Treasury Operations Analyst will support the team in daily operational matters relating to settlement of funding, foreign exchange, and trading activities in Asia Pacific and will be involved in system or process improvement projects.The ideal candidate should possess strong skills especially with respect to settlement of various financial instruments and fixed income products traded in Asia Pacific emerging markets, and ensuring that it is performed within a strong risk management control environment around Treasury's activities. Fluency in Mandarin would be an advantage.
Principle Accountabilities
50%
• Perform daily confirmation and settlement of financial instruments, including but not limited to foreign exchange contracts, non-deliverable fx forwards, money market borrows and loans, futures, fx options, interest rate swap, forward rate agreements, credit default swaps, fixed income trades, commercial papers, Repos, and other financial instrument types.
• Handle related trade documentation of financial instruments, e.g. ISDAs and Credit Support Annex agreements, long form confirmation for FX Options or NDFs.
20%
• Perform trade reconciliations between banks and Treasury's trade inventory system where required.
• Resolve discrepencies or settlement failures with counterparties and initiate claims.
• Liaise with other functional group like traders and accountants to resolve any problems and provide assistance where necessary.
• Setup procedures and processes for new asset classes.
20%
• Understand the internal control environment and ensure compliance with policies and procedures.
• Assist in identifying and offer ideas for changes to enhance operational efficiency and effectiveness of the team.
• Participate in business process improvement projects via gathering of business requirements and project implementation.
10%
• Any other duties assigned.
Education
• University/College education in finance/business.•
Experience
• 5-7 years relevant work experience in financial settlement area of a bank or custody department or fund management services
• Knowledge of (a) financial instruments including but not limited to FX, MM, Bonds, Repos, Futures, Options, Swaps (IRS, CSW, CDS) (b) Treasury operations and financial instruments settlement are essential.
• Knowledge of documentation pertaining to such financial instruments (e.g. trade confirmations, opening of bank and custodian accounts, long form confirmation for FX Options or NDFs, and regulatory related documentation) are essential.
Skills
• Fluent in English
• Proven experience in participating in , implementing or leading project work, driving deliverables and ensuring business objectives are met.
• Good verbal and written communication skills are essential to communicate effectively with peers, management and counterparties.
• Good problem-solving, time management and organisational skills essential so as to be able to work under time pressure with minimum supervision and handle multiple priorities from time to time
• PC literate – Microsoft packages
• Driven and diligent individual with organized and structured working style
• Independent and self-motivated individual who is detail oriented, thorough, and accurate in work.
• Adaptable to changing business needs and a strong team player
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