Treasury Assistant (6 Months Contract)

We Put the World on Vacation

Travel + Leisure Co. is the world’s leading vacation ownership and travel membership company, with a dynamic and growing portfolio of resort, travel club, and lifestyle travel brands. Our dedicated associates help the company achieve its mission to put the world on vacation. Innovation and growth keep our work interesting and fun. Every day is a chance to learn something new and turn vacation inspiration into exceptional experiences for millions of travelers worldwide.

The team operates the In-house Bank of TNL and manages the intercompany Netting as well as providing treasury support services for the APAC and Middle East region.
 

PURPOSE:

The Treasury Assistant will be part of a four person team and responsibilities include but are not limited to the following:

Daily/ Monthly procedures connected with the Treasury team specifically:

• Daily cash reporting and positioning

• Ensure IHB funding requests are processed on a timely basis.

• Kyriba Bank Statement reconciliations

• Kyriba signatory/ Account maintenance

• Online Banking System Administration

• Banking Administration including updating signatories, accounts maintenance and KYC compliance

• Bank Fee Analysis

• Exposure management reporting

• Netting Compliance

Assisting with managing queries from internal stakeholders (e.g. IHB participants and Netting participants, Corporate Treasury, Finance, Accounting, FP&A, Tax, Legal etc) and external stakeholders (e.g. Bank Relationship Managers, Kyriba Treasury Management System etc)

Assisting in projects to improve the Treasury infrastructure of the IHB and support banking and cash management requirements of business units in the APAC & ME region.

The Treasury Assistant will take primary responsibility for certain activities (e.g. Daily cash reporting, Kyriba Bank Reconciliations, Banking system administration and Bank Account maintenance activities.

RESPONSIBILITY

Global In-house banking

Working as part of the team to conduct the in-house banking operations on a day to day basis. Including Daily cash management to ascertain account balances and recommend the positioning of funds for the IHB, Money Market Funds and Term Deposits. Conducting cash consolidation operations

Kyriba Treasury Management System

Performing daily bank reconciliations, managing cash position worksheets, maintaining core data including bank accounts and signatories

Banking Administration

Liaising with banking partners on account maintenance, opening and closing accounts, KYC compliance and arranging new banking facilities. Working closely with our relationship managers to resolve banking issues. Managing online banking system administration.

Assisting Treasury Analyst and Senior Treasury Analyst.

Provide support on month end and reporting tasks and projects.

Business Unit Liaison

Assisting colleagues in the business units with general Treasury and banking related queries.

Scope/Financial Responsibility

TNL / WDOS

• TNL IHB Participants at the In-house Bank

• TNL netting participants

Minimum Requirements and Qualifications

• Diploma and attainment of or study for finance / Treasury qualifications

• 3+ years in Finance or Corporate Treasury

• Understanding of international banking for APAC and ME region

• Treasury Management System experience and In-House Banking experience highly desirable

• Experienced in a Treasury Co-ordination centre environment required

• Excellent computer skills, including but not limited to Microsoft Excel, Word and PowerPoint

• Excellent interpersonal skills and good cultural awareness given the global spread of colleagues and counterparties.

• Ability to work autonomously in a fast-paced environment

• Unless there is a legal requirement, experience will be accepted for the education requirement.

Complexity

Level of decision making authority (nature and scope of decision-making, extent to which independent action is taken)

• Treasury Department requires coordinated actions on a corporate basis so therefore decisions are taken in consultation with the wider TNL Treasury teams.

Level of autonomy (supervision received)

• The Treasury Assistant has a high level of autonomy in the course of their day-to-day activities working closely with the Treasury Analyst and Senior Treasury Analyst and seeks input when required.

The impact of his/her decision on the organization.

• There will be the opportunity to participate in projects that may have significant impact on driving operational efficiencies across the organization.

What, if any, are the supervisory responsibilities? Including titles that report into the position, approximate number of direct and indirect reports.

• Whilst the Treasury Assistant has no direct reports they work closely with the Treasury Analyst, Senior Treasury Analyst and Treasury Director and are responsible for ensuring regional compliance to TNL Corporate guidelines.

Organizational Relationships

List any important contacts and/or relationships this position will have inside and outside of the company.  Please explain the nature and frequency of these contact.

TNL Treasury reporting line

TNL President & CEO (Orlando)

TNL CFO (Orlando)

TNL SVP & Treasurer (Orlando)

Treasury Director, In-house Banking and APAC & ME (Singapore)

Senior Treasury Analyst, In-house Banking and APAC & ME (Singapore)

Treasury Analyst, In-house Banking and APAC & ME (Singapore)

Travel + Leisure Co. (Internal):

TNL Corporate Treasury

TNL Finance

TNL Tax

TNL Legal

TNL PMO

TNL IT

External:

Bank Relationship Managers

Kyriba (TMS)

360T

ICD

SWIFT

Merchant Services/ Card Relationship Managers

Where Memories Start with You

Hospitality is at the heart of all we do at Travel + Leisure Co. Here, you’ll find an inclusive environment where we deliver excellence and take time to have fun, celebrate together, and support one another. We're always looking ahead to what’s next and how we can strengthen our business, its neighboring communities, and the customer experience. Join our global team and build a career where memories start with you.

We are an equal opportunity employer, and all applications will be considered for employment without attention to their membership in any protected class. If you require any reasonable accommodation to complete your application or any part of the recruiting process, please email your request to MyCareer@travelandleisure.com, including the title and location of the position for which you are applying.