Welcome to VERCIDA website.

Skip to main content
Enable Recite to make this website accessible

0%
Profile completeness

Did you know that users who have filled in their profile details are 42 times more likely to get matched with the right employer?

security illustration Help us find the best workplace for you by sharing more about yourself. We will never disclose your information with others.

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
City/Town
London
Address
London, UK Show on map
Post date
Closing date

How would you fit?

Learn more about Willis Towers Watson

Be unique. Be authentic. However you prefer to say it, we really mean it. Our culture embraces people’s diverse perspectives and creates a positive environment where everyone belongs. We’re determined to build a better, more connected world for everyone.

Articles you might like

Other jobs in Business Services

You will receive an email with link to reset your password.

Enter your new password