Head of Treasury

Head of Treasury

Ageas

Brussels, Belgium

Your function

As a Head of Treasury you manage the overall liquidity position, short term debt facilities and the financial investments of the General Account at the Group. You actively advice, structure and execute interest & FX hedging strategies that may help reduce P&L or Solvency volatility of the General Account at the Group.

• You manage a portfolio of assets, which are not only expected to be tactically placed at the best possible terms & conditions but also offer a liquidity profile to the Group to respect its known and evolving financial liabilities;
• You manage all the incoming and outgoing cash flows of the General Account at the Group. This may include business related transactions, such as M&A transactions and capital injections;
• You ensure a timely debt servicing of any and all financial commitments and equally guard that the coupons from intra group or external loans or other debt like securities are duly collected;
• You organize the dividend collections across the European and Asian entities and the dividend collections between the different Group companies as well as the external dividend payments and any potential share buy program;
• You work in close collaboration with (i) Corporate accounting to ensure that all reported cash flows are identified and documented and (ii) Group Legal and Compliance to ensure that any financial transaction / cash flow is executed in full compliance with all international standards and regulations;
• You act as Ageas ambassador towards the external banks by engaging into plain and derivative like securities and structures (including various forms of credit lines) from time to time to manage the balance sheet of the group holding. This may entail negotiating both the legal (ISDA’s, long form, CSA) and financial conditions with the counterparts;
• Together with the Group Head of Capital Management, you organize the external debt issuances;
• You manage and account for the pool of Treasury shares;
• You are working in close collaboration with Group Legal, Group Tax, Company Secretary on a wide array of domains, which may include but not limited to, organizing Ageas share register, managing the list of Power of Attorneys, legalization and filing of documentation, conducting transfer pricing studies, advising on optimization of group legal structure and others;
• You remain responsible for daily valuations of various financial instruments (IRS, FX, …) and arranging accompanying collateral exchanges; constant monitoring of counterparty exposures;
• You are in lead to deliver the cash roll forward overviews at each reporting cycle to be published externally;
• You produce a weekly Treasury report, and periodical liquidity evolutions;
• You coach and develop the Treasury team and support other colleagues within the wider team. You advise other colleagues on all domains related to treasury & liquidity management.

Your profile

• You have a Master degree in Economics;
• You have a minimum of 10 years of relevant work experience including cash planning, liquidity management, financial products, hedging solutions & managing relations with senior bankers;
• You have a good understanding of global economic situation and the functioning of financial markets;
• You are well-informed about current market practices and regulation;
• You have very good analytical and negotiation skills;
• You are a team player and you are able to socialize with different hierarchical levels;
• You are fluent in English;
• You may have preferably worked at a regulated financial institution.

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