Urgent Apply Head of Treasury at Meridian Finance & Investment Limited

Join our team as the Head of Treasury and lead our financial operations with expertise and precision. In this role, you’ll manage call money, FDR, and company bank accounts, ensuring optimal liquidity and compliance. You’ll oversee secondary share investments, apply for IPOs, and maintain relationships with regulatory bodies and preference share investors. With a focus on strategic funding and asset-liability management, you’ll play a critical role in our financial stability and growth.

Ideal candidates will have a Bachelor’s or Master’s degree in finance, accounting, or a related field, along with at least 5 years of experience in NBFIs or banks. Proficiency in financial software, strong analytical skills, and effective communication abilities are essential. You’ll prepare ALCO papers, regulatory reports, and ensure accurate accounting for external debt. If you’re ready to take on a dynamic role and contribute to our financial success, apply today.

Additional Information

Job Date	12 Jun 2024
Job Type:	Head of Treasury
Experience	At least 5 years
Category / Sector:	Private
Education:	Bachelor’s/ Master’s Degree.
Vacancy Location:	Dhaka (GULSHAN 1)
Organization:	Meridian Finance & Investment Limited

Job Responsibilities:

• Engage with banks and Non-Banking Financial Institutions (NBFIs) for call money transactions.
• Manage company bank accounts to ensure optimal liquidity.
• Handle Fixed Deposit Receipts (FDR) to maximize returns.
• Foster and manage relationships with parties invested in preference shares.
• Ensure timely periodic payments to preference share investors.
• Oversee the company’s secondary share investments.
• Apply for new Initial Public Offerings (IPOs) following company policies.
• Maintain relationships with regulatory bodies concerning refinance schemes.
• Ensure compliance with regulations and timely submission of necessary documents.
• Maintain and monitor the portfolio of Treasury Bills and Bonds.
• Ensure that investments align with the company’s financial strategy.
• Accurately account for and post all external debt and interest.
• Ensure correctness in financial records and reporting.
• Develop and anticipate funding strategies.
• Identify challenges arising from limited funding and plan accordingly.
• Prepare various regulatory reports required by authorities.
• Develop management reports to inform strategic decisions.
• Oversee Asset Liability Management (ALM) desk operations.
• Ensure the company maintains a balanced asset-liability position.
• Maintain accounts using Electronic Data Systems (EDS) and Real-Time Gross Settlement (RTGS) systems.
• Prepare Asset Liability Committee (ALCO) papers and presentations.
• Document ALCO meeting minutes and follow up on action items.
• Maintain sufficient Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) funds in the Bangladesh Bank.
• Negotiate terms and conditions for loans or overdrafts with counterparties.
• Continuously build and maintain relationships with key stakeholders, including regulators.
• Retain records as per regulatory requirements and internal compliance policies.
• Manage funds efficiently to ensure availability for due payments.
• Monitor and ensure adherence to counterparty limits.
• Implement compliance measures to mitigate financial risks.

Qualifications and Skills:

• Education:
  • Bachelor’s or Master’s Degree in Finance, Accounting, Economics, Business Administration, or a related field.
• Experience:
  • Minimum of 5 years of experience in NBFIs (Non-Banking Financial Institutions), banks, or a related field.
  • Prior experience in financial consulting is highly desirable.

Additional Skills and Requirements

• Proficiency in financial software and systems such as EDS Money and RTGS systems.
• Strong understanding of Treasury Bill and Bond portfolio management.
• Knowledge of regulatory reporting requirements and compliance standards.
• Excellent analytical skills to forecast funding strategies and anticipate financial challenges.
• Ability to accurately account for and post external debt and interest.
• Strong verbal and written communication skills for preparing ALCO papers and presentations.
• Ability to build and maintain relationships with stakeholders, including regulatory bodies and financial institutions.
• Effective negotiation skills to secure favorable loan and overdraft terms.
• Strong organizational skills to manage multiple tasks, such as maintaining ALM desk operations and ensuring compliance with counterparty limits.
• In-depth knowledge of regulatory requirements, including CRR/SLR fund requirements and retention of records for compliance purposes.
• Proven ability to maintain relationships with preference share investors and other financial partners.
• Experience in liaising with regulatory authorities and ensuring compliance with refinance schemes.
• Experience in formulating various regulatory and management reports.
• Proficiency in preparing and documenting ALCO meeting minutes.
• Strong background in managing funds efficiently to ensure availability for due payments.
• Ability to oversee and maintain the company’s secondary share investments and apply for new IPOs as per policy.

How to Apply for this Job:

• Update your resume to highlight relevant education, experience, and skills.
• Write a cover letter tailored to the job description, emphasizing your qualifications and why you are a good fit for the role.
• Collect copies of your degree certificates and any other relevant certifications.
• Prepare a list of professional references with contact information.
• Visit the company’s official website or the job posting platform where the job is listed.
• Follow the instructions provided for submitting your application. This may include:
  • Uploading your resume and cover letter.
  • Filling out an online application form.
  • Attaching additional documents as required.
• Verify that you have received a confirmation email or message acknowledging receipt of your application.
• If you do not receive a confirmation within a few days, follow up with the HR department or the contact person listed in the job posting.
• Be prepared to provide additional information or schedule an interview if requested.
• Research the company and the role to be well-prepared for potential interview questions.
• Practice answering common interview questions and be ready to discuss your experience and skills in detail.
• Check your email and phone regularly for updates or further instructions from the employer.