Deputy Head of Treasury

ASAI Management Services Limited

ASAI Management Services Limited

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Summary

• Vacancy: 1
• Location: Dhaka
• Salary: Negotiable
• Experience: At least 7 years
• Published: 26 Jun 2024

Requirements

Education

• Master of Business Administration (MBA)

Experience

• At least 7 years
• The applicants should have experience in the following business area(s):
  Banks, Investment/Merchant Banking, Multinational Companies, Group of Companies, Micro-Credit, Financial Technology (Fintech) Startup

Additional Requirements

• 7-10 years of experience in Financial Institution, especially in the field of Treasury, Corporate Financing, Structured Finance and Offshore-Banking Unit Management. A diligent, meticulous, agile and confident finance professional with a proven track record in Treasury, fund management or banking. Strong analytical skills and ability to structure proposals and recommendations for key decision-making; coupled with ability to take a helicopter overview of situations; Self-starter, proactive, and decisive. Strong leadership and communication skills, and ability to thrive in multicultural and multidisciplinary environments. A team player who continuously improves self and the people around him/ her. Strong financial acumen and skills to communicate financials with different stakeholders. Able to remain resilient under pressure while managing various tasks and responsibilities. Working experiences with international impact investment funds/ fund managers and development finance institutions (DFIs) would be preferable.

Responsibilities & Context

• ASA International is one of the world’s largest and fastest growing international microfinance banking institutions offering socially responsible loans to underbanked, low-income female micro-entrepreneurs in Asia and Africa (“ASA International” or the “Group”). ASA International promotes financial inclusion and has successfully shown that access to financial services helps to reduce poverty and promotes social-economic progress for its predominantly female client base. ASA International has a premium listing on the main market of the London Stock Exchange and serves close to 2.3 million customers across 13 countries in Asia and Africa. It has corporate head offices in Amsterdam, the Netherlands as well as in Dhaka, Bangladesh. ASA International provides small loans ranging from USD 250 to USD 2,000. Almost all customers are women that run small businesses, from small shops, restaurants, sewing businesses, to various trading activities and cottage industries. Increasing financial inclusion and promoting social and economic development of our clients and their communities is at the heart of ASA International’s mission.    Oversee the cash flow and ensure expected levels of liquidity are maintained to meet the Group’s working capital requirements as well as those of key operating MFIs; Develop and recommend investment strategy to manage the Group’s equity and debt investments in its portfolio companies based on market conditions and risk tolerance; Analyze and negotiate loan terms from lenders, prepare the comparative analysis and make recommendations for internal decision-making; Responsible for coordinating Treasury team in drafting, reviewing and finalizing loan agreements with lenders across the Group; Ensure compliance with investment mandates and regulatory guidelines across the Group by analyzing and reporting on periodic financial and non-financial, and regulatory covenants; Coordinate internal fund transfers and transactions between ASAI holdings and its MFIs; Coordinate foreign currency hedging strategy and transactions across the Group; Preparing periodic reports on liquidity position, funding updates and other relevant reports for internal and external distribution.

Compensation & Other Benefits

• Weekly 2 holidays, Provident fund, Gratuity, Insurance
• Festival Bonus: 2

Boishkahi allowance, Life & health coverage, Health (IPD & OPD) Coverage for dependents, Vehicle maintenance allowance.

Employment Status

Full Time

Job Location

Dhaka

Job Highlights

This role plays a key part in overseeing all aspects of Treasury, including liquidity management, risk mitigation, and fostering strong and successful investment relationships with other financial institutions.

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