Job Description

Sr. Advisor - Banking & Treasury Ops

• Great opportunity to work for a pioneering organization at the forefront of mining.
• Join a global network and diverse team where people are encouraged to offer unique perspectives and build knowledge and connections.
• Permanent | Location : Gurgaon

About the roleWe are looking for an Sr. Advisor - Global Banking & Treasury Services (Individual Contributor role) for supporting organization\'s Treasury Operations and Bank account management area. This position is an excellent opportunity to join the Global Banking and Treasury back-office team based in Gurugram. This dynamic team is responsible to assist and manage the large transactional operations for Banking and Treasury operations & Bank account management team to have strategic alignment with Front office, middle office, Group treasury teams, Group leadership and the wider finance and commercial organization. Reporting to the Manager - Global Service Lines (Banking / GCBO / Treasury). The incumbent will be responsible for both Treasury operations and Bank account management activities.What the role entailsReporting line: Manager - Global Service Line (Banking & GCBO) / Treasury)Scope: Your scope will include (but not limited to) below:

• Responsible for day-to-day operations of global Banking & Treasury requiring coordination with Treasury, Banks and Product groups of Rio Tinto spread across various countries to cater global banking business requirements.

• Demonstrate extensive knowledge and deliver on treasury activities like daily bank rec and cash positioning, cash forecasting, funding and repatriation, liquidity management, cash pooling, payments and settlements and intercompany settlements via house banking structure.

• Hands on experience on Cash Management on Treasury Management Systems e.g. FIS Quantum, Kyriba or Similar. (Must have)

• Knowledge of Cash pool and Inhouse Bank accounts

• Knowledge of Bank account reconciliations, Daily Bank Statement Upload & Clearing of various BU bank accounts

• Manage relationships with the Company\'s global bankers and ensure compliance with their various reporting requirements. Able to communicate and build strong relationship with banks, negotiate with external parties (bankers, regulators, external counsels, etc.)

• Manage BAM function: Opening/Closing of bank accounts, manage bank mandates and signatories. To perform Bank administration activities with respect to user creation, order/manage bank tokens, entitlement modification, password resets, Lock/Unlock users, user deletion, Bank coordination & liaising to ensure all online banking users are able to work seamlessly.

• Should have good understanding and participate of banking related projects to establish new host to host connections, APIs, virtual accounts, onboarding new bank etc.

• Assisting the team with documentation related to various bank facilities (LC/BG/SLA agreements/bank mandates/other queries from bank). Will be responsible to maintain repository of Bank accounts, Bank Mandates and Bank signatory information which can be reproduced whenever required.

• Knowledge in relation to adherence of banking compliances and procedures and controls like AML, cross border restrictions, regulated markets etc. and have fair understanding of internal banking controls and SoX controls with experience of leading internal and external audits.

• Responsible to review and provide clarification on legal language, conducting legal due diligence and recommend revisions to templates periodically, to reflect new requirements and knowledge of corporate secretarial law and be familiar with Companies Ordinance, rules and regulations of regulatory bodies

• Responsible to work with various Treasury functions and teams to gather required data/inputs and perform rigorous and insightful analysis per business requirements. Understand the accounting entries and its treatment related to cash management, trading activities and treasury related transactions.

• Ensuring funding, Wires payments cash calls being validated before being approved with respect to authorized source documents in the process initiating the payment/transfer.

• Should have fair understanding of capital markets and trading instruments. Commodity trading back-office function (desirable)

• Estimating working capital requirements/cash forecasting and planning/arranging sufficient working capital limits.

• Participate in global and projects and Treasury improvements initiatives running in the organization.

• Managing or participating in the implementation of global improvements (including DTP\'s standardization, Global RACM, automation, & resolution of process inefficiencies).

• Ensure adequate business controls are adequate and working and coordinating month end and year end activities with various finance teams.

About YourselfWe are looking for passionate candidates having:To be successfully considered for this role, candidate should have below qualifications and skills.

• Strong Knowledge Treasury Management System (Quantum or similar - Must)
• Sound knowledge of SAP/ SAP S4/HANA / ERP
• Knowledge of Trading tools / portals and Banking platforms (FX all, Euro clear)
• Knowledge of Banking compliances and procedures (FACTA, AML, SOX)
• Knowledge of MS Office/Teams /SharePoint
• Proven work experience as a team member
• Excellent communication and leadership skills
• Create an inspiring team environment with an open communication culture.
• Monitor process performance and report on performance metrics (Power B.I.)
• Assist peers and Managers to oversee day-to-day Treasury and BAM operations.
• Experience cash management, transactional banking & Treasury operations.
• Good understanding of accounting principles.
• Good understanding of financial markets, financial instruments, and debt instruments
• Knowledge of banking relationships and covenants
• Intermediate to advanced computer software skills, including Excel and other accounting packages.
• Process design and documentation (SOP\'s, Flow charts, Visio etc.)
• Designing and participating in testing Internal Controls with Risk and Compliance / Audit teams
• Process reviews.
• Project management / Transition experience (Desirable)
• Ability to work autonomously and be part of the broader team.
• Appropriate handling of sensitive information
• Excellent time management and organisational ability
• Team player with the ability to communicate and coordinate with multiple parties.
• Experience in leading process improvement and automation projects
• Strong MIS and People management Skills (Power B.I, Power Apps)
• Com/M. Com/CTP/ MBA Finance or Similar
• 10+ years of Core Treasury and Cash Management experience

Required Behaviours:

• Accuracy - Attention to detail
• Thinking Agility
• Customer Service Focused (internal and external customers)
• Time Management

Required Competencies:

• Communication and stakeholder management.
• Teamwork
• I. mindset
• Judgement
• Flexibility

About usRio Tinto is a leading global mining and materials company. We operate in 35 countries where we produce iron ore, copper, aluminum, critical minerals, and other materials needed for the global energy transition and for people, communities, and nations to thrive. We have been mining for almost 150 years and operate with knowledge built up across generations and continents. Our purpose is finding better ways to provide the materials the world needs - striving for innovation and continuous improvement to produce materials with low emissions and to the right environmental, social and governance standards. But we can\'t do it on our own, so we\'re focused on creating partnerships to solve problems, create win-win and meet opportunities.Where you will be workingThe Rio Tinto office in Gurgaon (India) is one of our corporate hubs and houses service and support functions, as well as a portfolio of product groups including Copper, Coal, Iron Ore, Diamonds, Minerals, Exploration and Growth & Innovation.Every Voice MattersWe are committed to an inclusive environment where people feel comfortable to be themselves. We want our people to feel that all voices are heard, all cultures respected and that a variety of perspectives are not only welcome - they are essential to our success. We treat each other fairly and with dignity regardless of race, gender, nationality, ethnic origin, religion, age, sexual orientation, or anything else that makes us different.At Rio Tinto, we particularly welcome and encourage applications from Indigenous Peoples, women, the LGBTQIA+ community, mature workers, and people with disabilities and people from different cultural backgrounds.So, if this sounds like you and the opportunity you are looking for, apply now or before 4th July 2024.If you would like to know more about careers at Rio Tinto, you can like us on , follow us on or join us on .

Rio Tinto