1

Treasury /Financial Settlements through GTS

·       Ensure timely and accurate treasury/financial settlements in accordance with pre-approved SSI and LoAS within bank cutoff time for various financial instruments such as FX, MM, Derivatives, issuance of CP and EMTNs, etc.

·       End to end responsibility, incl exceptional handling

·       Provide accurate static data of all countries as applicable and respective counterparties (settlement instructions, confirmation contacts, etc.)

·       Ensure proper setting up of SSI details from banks.

·       Responsible for verification and confirmation of Treasury deals in Treasury systems

·       Ensure formal/plausibility check of captured deal data (correctness and completeness) as well as matching of loan agreements and captured deal data.

·       Ensure sending out of confirmations to internal/ external trading partners (SWIFT/Fax) and matching of sent out confirmations with counter-confirmations of external trading partners.

·       Ensure analysis of unmatched confirmations, categorization of differences and review of differences with internal/ external process partners with regard to a common understanding of contend that has been agreed. 

·       Ensure monitoring of financial contracts incl. loan agreements (maturity dates for nominal/ interest payments, Fixing in case of floating interest rates for deals with internal/ external trading partners).

·       Ensure adjustment of standard settlement instructions in case of changes and conduction of reconfirmation process as well as month end fixing and settlement of commodities.

·       Ensure release of financial contracts to be ready for bookings and payments

2

Documentation of Settlement Process

·       Responsible for ensuring filing and proper record-keeping of relevant documents and to log exceptions/ deviations for audit purposes & management review

·       Responsible for statutory audit support for all entities under scope of Treasury Settlement

·       Support yearly external audit confirmations of all entities within scope

3

Projects

·       Support in SWIFT implementation and updation for applicable countries, if required.

·       Support in UAT testing and other GTS related improvements.

3

Compliance (e.g. Internal Control Standards, laws and regulations)

·       Support ICS testing for relevant settlement control

·       Responsible for generating EOD reports and submitting to entities, if required.

Qualification

• University degree in Finance / Controlling / Business Administration or equivalent experience.
• CTP or other similar Certification in Treasury will be an advantage.

Professional Experience:

• At least 7-12 years of Working experience in Treasury, especially in the field of Settlements.
• Hands on experience in driving digital initiatives and passionate in technology/ automation etc.
• Able and willing to work in a multicultural work environment.
• Excellent presentation/ communication/ negotiation skills, fluent in written and spoken English and German (Optional)