BackSenior Associate, FX Treasury
NEW
Kuala Lumpur, Malaysia
Permanent
Duties & Responsibilities
- Job Responsibilities:
- Cash Management
- Monitor daily cash balances and forecast funding requirements with all Correspondence Payout Partners.
- Develop strategies to optimize cash flow and ensure sufficient liquidity in the accounts maintained Correspondence Payout Partners.
- Execute daily cash management operations, including payments, transfers, and conversion.
- Bank Relationship Management:
- Establish and maintain relationships with banks and financial institutions on Treasury matter.
- Negotiate banking services, FX and fees to minimize costs and enhance services.
- Oversee local and foreign bank account management.
- Compliance and Reporting:
- Ensure compliance with all applicable financial reporting requirements.
- Prepare and submit reports to Group Finance department
- Coordinate with internal and external auditors during audits and examinations.
- Risk Management:
- Identify and assess financial risks, including interest rate risk and foreign exchange risk.
- Implement risk mitigation strategies to manage FX risk.
- Stay informed about market trends and regulatory changes affecting FX & treasury operations.
- Revenue Optimization:
- Monitor and manage FX revenue returns and others revenue sources.
- Analyze financial data to identify opportunities for FX revenue growth and cost reduction
- To conduct comparison and market analysis of competitor’s remittance rate
- Determine the possible Forex margin and fix the Company’s counter rate for the day according to (XXX/USD) against (USD/MYR) conversion.
Requirements
- Strong knowledge of FX instruments and FX Dealing
- Understanding of macroeconomic indicators and their FX market impact.
- Proficiency with treasury systems (e.g., Bloomberg, Reuters, TMS).
- Excellent communication and negotiation skills.
- High attention to detail and ability to work under pressure in fast-paced environments.
