Senior Treasury Assistant

Manila - Philippines

Monthly Salary: Not Disclosed

Posted on: 12 hours ago

Vacancies: 1 Vacancy

Job Summary

You will need:

Bachelors degree in accounting finance business administration or other related disciplines
At least 5 years of relevant professional experience
Solid knowledge of international banking practices and regulatory environment
Solid experience in banking relationships negotiation of terms and conditions to open bank accounts
Working Knowledge of treasury operations (payments processing foreign exchange reconciliation cash management investment operations and funding operations)
Proficient in specialized Treasury-related software
Excellent oral and written communication skills in English
Please refer to the link for ADB Competency Framework for TL2.

Benefits

ADB offers a rewarding salary and a comprehensive benefits package. The salary will be based on ADBs standards and comparator markets taking into account your qualifications and experience.

Retirement plan
Medical and health benefits
Paid leave (including parental)
Life and other insurance plans
Staff development

Additional Information

This appointment is open to internal and external applicants.

This is a fixed-term appointment for an initial fixed period of 3 years. At the end of the initial period this appointment may at the option of ADB be extended once for up to 2 years converted to a regular appointment or ended on its expiration date. This decision will be made in the overall interest of ADB that: (a) it will require Staffs particular blend of skills and experience in the foreseeable future; and (b) Staffs performance is satisfactory and they are suitable for further employment.

About Us

Asian Development Bank (ADB) is an international development finance institution headquartered in Manila Philippines and is composed of 69 members 50 of which are from the Asia and Pacific region. ADB is committed to achieving a prosperous inclusive resilient and sustainable Asia and the Pacific while sustaining its efforts to eradicate extreme poverty. ADB combines finance knowledge and partnerships to fulfill its expanded vision under our Strategy 2030.

ADB only hires nationals of its 69 members.

To view ADB Organizational Chart please click here.

ADB wants to ensure that everyone is treated with respect and given equal opportunities to work in an inclusive environment. ADB encourages all qualified candidates to apply regardless of their racial ethnic religious and cultural background gender sexual orientation or disabilities. Women are highly encouraged to apply.

Visit ADB Careers FAQ for more information.

#LI-Onsite

Join Our Mission to Foster Prosperity in Asia

Are you ready to make a difference in the future of Asia and be a catalyst for positive change We are thrilled to offer a unique opportunity to become an important part of the prestigious Asian Development Bank (ADB). At ADB our mission is simple yet powerful: to alleviate poverty and promote sustainable development in the Asia-Pacific region.

Organizational Setting and Reporting Relationship

The position of Senior Treasury Assistant is assigned to the Treasury Services Division within the Treasury Department. You will be based at our Headquarters in Manila Philippines.

You will report to designated International Staff and senior National Staff.

Your Role

As a Senior Treasury Assistant you will provide analytical technical and administrative support in (i) managing ADBs global banking relationships; and (ii) managing bank accounts administration.

You will report to designated International Staff and senior Officer.

You will:

Banking Relationships (Opening Maintenance and Closing of Bank Accounts)

Establish correspondent banking relationships for all ADB bank accounts:
- review and negotiate the terms and conditions and other documentations governing the bank accounts
Periodically review overall relationships with depository banks and maintain records of such analysis.
Prepare briefing notes for use by senior management in meetings and conferences.
Monitor dormancy of bank accounts to ensure uninterrupted operations.
Analyze charges and interest income reflected in the bank accounts to ensure they are following the agreed Terms and Conditions between ADB and the depository banks.
Annually review local banking service providers; submit to Office of Risk Management for credit risk review.
Manage updates of ADBs Authorized Signatures Book.

Bank Account Data Maintenance

Manage ADB bank account information in Treasury systems (Oracle iFIRST Partner Fund Management System Loan IQ Summit)
Manage bank and branch setups for consultants and vendors in Oracle
Maintain database of bank accounts documents (digitized and physical)
Prepare and transmit Standard Settlement Instructions to trading counterparty banks and perform callback verifications

Required Experience:

Senior IC

You will need:Bachelors degree in accounting finance business administration or other related disciplinesAt least 5 years of relevant professional experienceSolid knowledge of international banking practices and regulatory environmentSolid experience in banking relationships negotiation of terms and...