Treasury Specialist
Anglo American / De Beers GroupShanghaiUpdate time: July 28,2021
Job Description

Company Description

You’re dedicated, talented and flexible. That’s why you’ll fit in.

As well as discovering, mining and processing many of the essential raw materials that enable, support and enhance modern life, our global business is involved in selling and marketing products – copper, platinum and other precious metals, iron ore, coal, nickel and diamonds. Through our Marketing Business, we are able to offer innovative solutions to meet our customers’ specific challenges. This includes physical products, logistics and technical support, as well as pricing and financing solutions. By offering freight services as well as actively managing the entire value chain, we ensure cost effective, reliable product supply and quality, when and where our customers need it. We have created new ways of working, devised more streamlined processes and procedures, and standardised information management systems.

Job Description

The Treasury Specialist will assist the Treasury Front Office Manager in managing cash and funding requirements, as well as the arrangement, negotiation and management of various types of banking lines and relationships to support the growing trading activities of the China Marketing office.

  • Cashflow forecasting over the short and medium term for the China Marketing office, coordinating with the Financial Reporting team for inputs. Monitor accuracy of actuals against forecast and continuously refine the process to improve the quality of the forecast.
  • Support the transactional banking and funding requirements for China Marketing office, considering local regulatory and business requirements.

  • Support the set-up of commodity and foreign exchange trading capabilities with onshore banks and brokers, including the negotiation of credit lines and related agreements.

  • Negotiation for new bank credit lines and related arrangement of ISDA to enable trading in China. Managing the commercial and credit-related aspects of these negotiations within the governance and risk appetites of the Group.

  • Negotiation and arrangement of new collateral management requirements with various bank and trading counterparties, engaging Credit Risk and legal support as appropriate and establishing new processes.

  • Support the automation of Treasury Front Office processes, including the adoption of best-in-class Treasury processes and alignment of processes with Group Treasury

Qualifications

What we're looking for:

  • Excellent academic credentials in Business or Finance, ideally Bachelor degree.
  • Working experience in treasury or trade finance function in a reputable organisation
  • Results oriented, capable of holding self and others to account on delivery
  • Constructively engage stakeholders to a common cause through developing mutually beneficial solutions and proposals

Additional Information

Who we are

Anglo American is a global diversified mining business. Our portfolio of world-class mining operations provides the metals and minerals that make modern life possible. We use innovative practices and the latest technologies to discover new resources and mine, process, move and market our products to our customers around the world.As a responsible miner – of diamonds (through De Beers), copper, platinum and other precious metals, iron ore, coal and nickel – we are the custodians of what are precious natural resources. We work together with our key partners and stakeholders to unlock the sustainable value that those resources represent for our shareholders, the communities and countries in which we operate and for society at large. Anglo American is re-imagining mining to improve people’s lives.

What we offer

  • Competitive salary and benefits package
  • Amazing opportunities for learning and growth - from technical training to leadership programs, we bring out the best in our people
  • We’re a large, successful multinational company and there are plenty of opportunities internally to move onwards and upwards too

How we are committed to your safety

We take the safety of our employees very seriously and as a company we demonstrate the most rigorous safety standards in the industry.

Inclusion and Diversity

Anglo American is an equal opportunities employer. We are committed to promoting an inclusive and diverse workplace where we value and respect every colleague for who they are and provide equality of opportunity so that everyone can fulfil their potential.

How to apply

To apply for this role, please complete our online application form. You will have the opportunity to upload your CV and other relevant documentation as part of this process.

Get email alerts for the latest"Treasury Specialist jobs in Shanghai"