Job Title
Thailand Treasury Manager
Location
Thailand (Bangkok)
Job Purpose
The Thailand Treasury Manager / Deputy Manager is responsible for managing foreign exchange (FX) risks, treasury operations, and liquidity management for the Thailand entity. The role focuses on FX hedging execution, exposure management, and close coordination with internal stakeholders and external financial institutions to ensure effective risk mitigation and compliance with corporate treasury policies.
Key Responsibilities
FX Risk Management & Hedging
- Monitor and manage FX exposure arising from business operations, intercompany transactions, and external counterparties
- Oversee identification and measurement of currency risks and potential P&L impact.
- Design and execute FX hedging strategies using instruments such as Spot, Forward, and Swap in line with company policy.
- Analyze market conditions and provide FX market insights and recommendations to management.
- Monitor hedge effectiveness and mark-to-market valuations.
Treasury Operations
- Execute FX transactions with relationship banks and trading counterparties
- Oversee treasury reporting processes, including exposure tracking, hedge effectiveness testing, and mark-to-market analysis, ensuring full compliance with internal policies, accounting standards (including hedge accounting), and applicable regulatory requirements
- Establish and monitor KPIs for FX and treasury operational performance.
Stakeholder & Bank Management
- Act as a key contact point for relationship banks on FX, treasury products, market updates and service matters.
- Lead negotiations on FX pricing, transaction terms, and treasury service agreements to ensure competitive and efficient execution.
- Work closely with Finance, Accounting, and Business teams to understand underlying exposures and forecast cash flows
- Advise internal stakeholders on FX exposure and hedging requirements, coordinating with Shared Service Center teams to ensure seamless transaction processing
Systems & Reporting
- Maintain and enhance FX exposure tracking and treasury models using advanced Excel and align with Hedge accounting treatment
- Manage FX deal booking, reporting, and reconciliation processes using existing systems, and lead the evaluation and future implementation of a Treasury Management System
- Support process improvement and automation initiatives within treasury operations.
- Identify and implement process improvements to enhance efficiency and reduce operational risks.
Compliance & Risk Management
- Ensure compliance with local and international FX regulations and reporting requirements.
- Maintain robust internal control frameworks for FX and treasury activities.
- Support internal and external audits.
- Ensure adherence to company treasury policies and governance standards
Qualifications & Experience
Target Candidate Profile
- Total working experience 12–18 years or more
- Strong foundation from commercial banks, treasury desks, FX trading, or financial markets functions
Preferred Background
- Experience in Bank Treasury, FX Trading, FX Sales, or Structuring
- Hands-on experience managing corporate FX exposure
- Solid understanding of FX hedging instruments
- Spot / Forward / Swap
- FX Options (basic level)
- Basic knowledge of accounting principles related to FX and derivatives
Technical Skills
- Strong knowledge of FX markets and treasury products
- Good understanding of derivatives pricing logic
- Advanced Excel skills (financial modeling, exposure tracking, scenario analysis)
- Experience with Treasury Management Systems (Kyriba, SAP, Quantum, or similar) is a strong advantage
- Experience with Hedge Accounting is an advantage
Soft Skills & Competencies
- Strong analytical and problem-solving skills
- Good communication and stakeholder management skills
- Ability to work independently and manage multiple priorities
- High level of accuracy, control mindset, and risk awareness
- Proactive, hands-on, and able to operate in a dynamic market environment
