Job Description

Key Responsibilities:Cash Management:

• Oversee daily cash flow management, ensuring sufficient liquidity for operational needs and investment opportunities.
• Coordinate the movement of funds between accounts and maintain appropriate liquidity levels.
• Ensure accurate forecasting of cash positions and funding requirements.

Treasury Operations Oversight:

• Supervise and manage the treasury operations team, ensuring effective execution of payment transactions, trade settlements, and reconciliations.
• Ensure compliance with internal policies and regulatory requirements (e.g., Basel III, Dodd-Frank Act).
• Review and optimize operational processes, introducing efficiencies where necessary.

Risk Management:

• Manage treasury-related risks such as interest rate risk, foreign exchange risk, and liquidity risk.
• Coordinate with the risk management team to identify potential exposures and mitigate them.
• Implement hedging strategies as required to manage risk in accordance with bank policy.

Investment & Funding Activities:

• Oversee short-term and long-term funding activities and investments to optimize the bank's balance sheet.
• Manage interbank lending and borrowing programs, including relationships with counterparties.
• Analyze and recommend investment strategies to optimize the bank's treasury portfolio.

Compliance & Regulatory Reporting:

• Ensure all treasury operations are conducted in compliance with internal policies, industry regulations, and statutory requirements.
• Prepare and review daily, weekly, and monthly reports on treasury activities for senior management.
• Support audits by providing documentation and assisting with regulatory reviews.

System & Process Management:

• Work with IT to ensure the treasury systems are efficient, accurate, and up to date.
• Participate in the selection, testing, and implementation of treasury management systems (TMS) or software upgrades.
• Continually assess processes and implement improvements to ensure smooth and effective operations.

Stakeholder Management:

• Act as a liaison between treasury and other departments such as finance, risk, compliance, and internal audit.
• Build and maintain relationships with banks, financial institutions, and other external stakeholders.
• Communicate effectively with senior management regarding treasury activities, risks, and strategies.

Team Leadership & Development:

• Lead, mentor, and develop a team of treasury operations professionals.
• Provide training and development opportunities to ensure the team is knowledgeable about current treasury trends, systems, and regulatory changes.
• Foster a positive work environment that encourages teamwork and professional growth.

Acura Solutions