Treasury Risk Manager

About the Company

We are an internationally operating organization dealing with diverse financial markets and environments. Our team blends expertise in treasury, finance, risk management, investment, and commercial disciplines to ensure solid liquidity, manage financial risks, and promote sustainable growth via disciplined financial governance.

Role Overview

We are looking for a seasoned Treasury Risk Manager responsible for overseeing treasury-related risk management areas including liquidity, foreign exchange, interest rate, counterparty exposures, funding, investments, and activities related to financial markets. The role involves crafting robust risk frameworks, continuous monitoring and mitigation of exposures, carrying out stress testing, enhancing internal controls, and delivering insightful treasury risk reporting to senior management.

Primary Responsibilities

• Design and uphold treasury risk frameworks, establish policies, limits, and governance protocols.
• Identify, evaluate, monitor, and reduce financial risks from treasury operations.
• Oversee risks involving interest rates, foreign exchange, liquidity, funding, investments, counterparties, and markets.
• Set and enforce treasury risk limits, thresholds, escalation methods, and control mechanisms.
• Track daily treasury exposures to ensure alignment with approved risk appetites and limits.
• Analyze foreign currency risks linked to global operations, revenues, costs, assets, and liabilities.
• Review interest rate risks across various financial instruments like loans and deposits.
• Formulate and assess FX and interest rate hedging strategies.
• Evaluate liquidity risks ensuring sufficient liquidity cushions are maintained.
• Oversee cash flow positions, funding demands, liquidity projections, and financing capacity.
• Conduct liquidity stress tests simulating adverse market and operational conditions.
• Monitor concentration risks in funding, refinancing hazards, maturity timetables, and debt responsibilities.
• Assess credit exposures to counterparties including banks and financial entities.
• Implement monitoring on counterparty limits, credit criteria, and concentration controls.
• Examine bank credit ratings and shifts in counterparty risk profiles.
• Oversee investment portfolio risks related to market, credit, liquidity, and concentration dimensions.
• Review investment policies, allowed instruments, maturities, and counterparty risks.
• Assist treasury decisions regarding cash investments, funding sources, deposits, and short-term instruments.
• Keep abreast of market conditions, interest and exchange rate movements, credit spread developments, and liquidity indicators.
• Perform scenario and stress analyses on major treasury risk categories.
• Estimate financial impacts from market shocks, currency fluctuations, rate changes, and liquidity events.
• Collaborate closely with treasury, finance, accounting, FP&A, risk, tax, legal, and senior leadership teams.
• Audit treasury transactions to confirm compliance with authority limits and risk guidelines.
• Scrutinize derivative and hedging activities for effectiveness and risk implications.
• Support hedge accounting, valuations, and financial reporting requirements where applicable.
• Review treasury-related contracts, banking arrangements, credit facilities, and counterparties from a risk viewpoint.
• Track debt covenants, financing obligations, collateral stipulations, and refinancing exposures.
• Identify new or emerging treasury risks while preparing mitigation and contingency strategies.
• Develop early-warning indicators for liquidity, funding, market, and counterparty risk areas.
• Investigate treasury risk violations, limit breaches, control breakdowns, and major exposure shifts.
• Lead root-cause investigations and corrective measures after significant treasury risk incidents.
• Create treasury risk dashboards, comprehensive reports, exposure summaries, and stress-test documentation.
• Ensure treasury data accuracy, completeness, timeliness, and consistency within financial systems.
• Support implementation and enhancement of treasury management systems, automation tools, data integration, and reporting.
• Maintain strict separation of duties related to treasury execution, confirmation, settlement, accounting, and risk oversight.
• Support internal and external audits, regulatory compliance, and risk evaluation processes.
• Stay informed on changes in financial regulations, accounting standards, market norms, and treasury risk management requirements.
• Develop business continuity and contingency plans addressing liquidity crises, banking failures, market volatility, and system outages.
• Promote robust financial controls, risk culture, governance, and disciplined treasury practices organization-wide.

Key Performance Metrics

• Utilization of treasury risk limits
• Level of liquidity coverage
• Maintaining minimum liquidity buffers
• Accuracy of cash flow forecasting
• Funding requirement forecast accuracy
• Foreign exchange exposure management
• Interest rate exposure control
• Effectiveness of hedging strategies
• Counterparty exposure oversight
• Counterparty limit adherence
• Funding concentration risk
• Refinancing risk management
• Debt maturity profile monitoring
• Investment portfolio risk control
• Investment concentration monitoring
• Liquidity stress test performance
• Treasury limit breach frequency
• Treasury risk incident occurrences
• Accuracy and timeliness of risk reporting
• Quality and reliability of treasury data
• Precision of hedge accounting
• Adherence to policies and controls
• Audit outcomes and remediation efforts
• Counterparty credit quality assessment
• Treasury cost optimization initiatives
• Process automation advancements
• Business continuity preparedness
• Senior management escalation efficiency

Ideal Candidate Profile

• Extensive experience in treasury risk, corporate treasury, financial risk, banking, capital markets, liquidity, or corporate finance, preferably within multinational firms, financial institutions, or entities with international financial exposures.
• Deep understanding of treasury risk management frameworks and principles.
• Proven track record managing liquidity, FX, interest rate, funding, and counterparty risks.
• In-depth knowledge of treasury functions, cash management, and financial markets dynamics.
• Skilled in establishing and managing treasury risk limits and appetite frameworks.
• Hands-on experience with FX and interest rate hedging techniques.
• Competent in liquidity forecasting and conducting stress tests.
• Expertise in evaluating counterparty credit risks involving banks and financial entities.
• Understanding of debt instruments, funding mechanisms, investments, and financing arrangements.
• Familiarity with derivatives, valuation methodologies, and hedge accounting concepts.
• Proficient in treasury management systems, ERP software, and financial risk analysis tools.
• Strong quantitative, analytical, and financial modeling skills.
• High attention to detail with a strong control and risk mitigation focus.
• Excellent communication skills for conveying complex financial risks to senior stakeholders.
• Sound judgment and decision-making capabilities.
• Experience collaborating with banks, auditors, financial institutions, and external consultants.
• Fluent English communication skills, both written and verbal.
• Experienced working with international and geographically distributed teams.
• Strong ethical standards, discretion, and awareness of risk issues.