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Job description

Treasury is a corporate function which sits within the WTW Global Finance organisation. We are a team of 30 people working across 4 Treasury hubs - UK, Netherlands, US and Philippines.

Several project roles have been created in support of our Treasury transformation project, Project Atlas, which encompasses numerous project deliveries over the next 12-18 months. The core elements of this project are the continued integration of our Treasury Management System (TMS) IT2, a wide scale restructure of our bank accounts, and the implementation of a comprehensive cash forecasting framework.

The Treasury transformation project is integral to the future of the WTW business, and will leverage a global Cloud Oracle roll out, which is planned for a phased delivery over the course of 2020 - 2022.

The Role

This role in particular will be responsible for project managing the bank account restructure programme

  • Manage the transition of banking activity for UK Financing / Corporate entities to preferred banking partner in conjunction with the Treasury Operations team
    • Ensure that the relevant controls are in place prior to transition and ensure effective communication with the relevant stakeholders
  • Document existing and target state bank account structure - pre and post transformation project
    • In conjunction with Group Treasury team, research and document the intercompany settlement solutions which are currently in place to support our bank account structure
    • Coordinate review of future settlement options with the relevant internal teams
    • Filter any anticipated outcomes into the Treasury Change Request Framework
    • Document sweeping structures / cash pools
  • Establish country database
    • Develop a Treasury country database in conjunction with Treasury Operations team, detailing relevant Treasury data to support planning and decision making
      • Focus on countries with high proportion of own funds to coordinate with Treasury cash initiative
      • Highlight key focus areas for Treasury to develop a Trade banking solution
    • Outline use cases and Treasury solutions for Group payment eco systems, comprising of Trade / Non Trade and Oracle / Non-Oracle
      • Embed solutions in Treasury BAU process to ensure the team adopts a consistent approach when advising on Treasury solutions
      • Communicate with relevant stakeholders
    • Develop an 'on-boarding' pack to effectively gather information from local countries up front
  • Manage direct Treasury international initiatives and leverage the Global Oracle project to restructure the global bank account landscape in line with Treasury objectives
    • Coordinate with Treasury Operations to reduce the volume of banks and accounts
      • Triage process for maintaining banking partners / bank accounts
      • Document exceptions in country database
    • Coordinate with the UNIFY Global Oracle project and centralised payments team (Group Financial Services initiative) to understand project dependencies, and solution design requirements
    • Leverage country database to develop and implement regional banking solutions.
    • Complete a gap analysis to identify countries where we lack coordination, and identify potential opportunities for consolidation.
    • Coordinate with regional finance teams to deliver local country solutions including; requirements gathering, solution design, bank portal setup, testing, training,user documentation and business readiness activities
    • Coordinate with dedicated bank project teams to implement Treasury banking solutions, as well as exploring enhanced banking solutions (e.g. virtual accounts, POBO etc)
    • Coordinate with the Group Treasury Company (GTC) to implement appropriate sweep / cash pooling structures to facilitate upstreaming of own funds to Treasury
    • Coordinate and communicate with relevant business partners and stakeholders
    • Provide submissions and progress updates in line with the programme's Project Delivery Framework.

The Requirements

  • Previous Project Management experience within a Bank or Corporate Treasury environment (Corporate environment preferred)
  • Previous experience of Bank account restructuring
  • Exposure to full project lifecycle delivery including requirements gathering, solution design, build, testing and Go Live management
  • University qualification and/or studying towards AMCT (ACT's Certificate in International Cash Management would be beneficial)
  • Ability to effectively communicate with a range of stakeholders
  • A self-starter who is proactive, deadline driven and able to self-manage
  • Ability to remain flexible to changing business, project and ad-hoc requirements.

Equal opportunity employer

Job Sector
Strategy & Consultancy
Job Position
Project Management
London, UK Show on map
Post date
Closing date

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