Head of Treasury

at  Target Recruitment Pte Ltd A member of WMS Group

Degree in Finance and Banking or a related field
Min 10 years working experience (multi-type dealing experience is preferable) in treasury business with qualification of FMRP (Financial Markets Regulatory Practices) exam in Singapore
Singapore CMFAS (Capital Markets & Financial Advisory Service) qualifications which corresponding to financial products and services under wealth management business. Risk awareness and high ethical standards General knowledge on the operational risks arising from CIB activities.
Tact and ability to interact with staff and management at all levels in order to achieve mutual acceptable resolution of incidents
Require determination to succeed in the implementation of processes in the face of some reluctant parties
Policies Formulation, Operations & Reporting
Manage capital structure to optimize the balance between cost and risk
Formulate strategies and plans to meet the funding requirements
Evaluate and structure appropriate financial instruments to achieve an optimal capital structure credit rating exercise
Monitor and project cash flow inflows and outflows to minimise cost of funding and maximize returns on cash
Maintain adequate banking facilities to meet projected funding requirements; manage and maintain good relationships with banks and minimize credit spread
Monitor exposure, formulate and time appropriate actions to manage interest rate and foreign exchange risk exposure
Set appropriate KPI measure and ensure timely preparation of management reports to the Group’s C-suites
Responsible for reporting cash flows and positions, managing related forecasting processes and working with business leaders to establish practices that optimize cash flows
Develop, review and recommend improvements of debt management policies, processes and controls in line with best practices
Implement an automated Treasury Management Systems (’TMS’) for debt financing activities, treasury transactions and cash management activities Fund Raising
Plan and manage the fund-raising process to ensure group financing requirements are met on a timely basis
Lead the review and negotiation of financing terms proposed by lenders
Assess financing proposals and make recommendations
Review and negotiate financing legal document
For the offshore funding, work closely with Legal and Tax with the structure of fund injections, oversee the opening of bank accounts and funds flow.
Able to come up with FX hedging strategy on a project-by-project basis for offshore funding. Debt Portfolio Management
Supervise loan drawings/rollovers and prompt loan interest payment
Oversee the compliance of loan covenants relating to the debt portfolio
Guide the review of cash flow position of development projects with development financing in place to identify surplus funds/cash deficits Interest Rate/ Foreign Exchange Risk Management
Identify and monitor the interest rate/forex risk exposure of the debt portfolio
Assess the need for interest rate risk/forex management and make appropriate hedging recommendations
Stay updated on interest rate/currencies movements and research/analyse economic impact on interest rate/currencies market trends/outlook
Developing and implementing strategies and tactics to manage interest/ currency risk exposures which includes transaction hedging and balance sheet hedging
(We regret that only shortlisted candidates will be notified)
MOM Reg No: R1102566
MOM License No: 15C7744
Tel
62723490
Remarks
If interested, kindly send in your resume in Word Format and indicate your availability and salary expectation.
Job category 1
Banking/ Finance/ Insurance
Job category 2
Executive/ Professional/ Management
Job category 3
Job Nature
Permanen

Please refer the Job description for details