FX, Investments & Liquidity Specialist (For independent contractors)

Job Summary:

The Booking Holdings B.V. (BHBV) Front-Office Treasury team is looking for a FX, Investments & Liquidity Specialist to help execute on the Company's FX hedging, liquidity management and investment programme.

The position forms an integral part of the Front Office team, which sits within a global Treasury organisation consisting of 60+ people in offices around the world. The preferred candidate will have 3-5 years of relevant FX and fixed income experience, preferably from a large international corporate organisation and/ or a bank with global FX dealing capabilities.

Reporting to the Senior Group Treasury Manager - Liquidity & Investments, the preferred candidate should have a high attention to detail and be accustomed to working in a fast paced environment, while working collaboratively with various internal and external teams to successfully meet agreed deliverables.

You will be key in contributing to the optimisation of capital and liquidity planning for the Booking Holdings Group, whilst assisting with investment related matters. Additionally, you will contribute to the execution of the company’s FX hedging strategies and play an active role around all FX related activities such as reporting, KYC requests and the analysis of FX results. You will also be the main contact point for trade execution and escalation in case of settlement issues encountered by the Treasury Middle Office team, whilst assisting the Cash Management function with FX conversions for repatriation and funding purposes as well as manage banking relationships.

Due to the rapid and continuous growth of the organisation, the tasks and duties of this role will evolve over time. You will be keen to develop and grow within the role and challenge yourself to take on additional projects and responsibilities as they present themselves. This is for a 6 month initial contract, with the possibility of a 6 month extension depending on business requirements at that point.

Tasks & Responsibilities

• Support process design, improvements, forecasting and reconciliations related to the liquidity requirements of the group;

  
  

• Assume ownership of regulatory reporting in relation to key liquidity and investment return KPIs;

  
  

• Monitor, improve and review rolling forecast models and track forecasted results versus actuals, providing insights and rationale for key variances;

  
  

• Active role in the execution of FX deals for multiple Group entities, in order to hedge foreign currency exposures, repatriations and account funding, alongside distributing local dividends;

  
  

• Ensure that trades are correctly captured in the Company’s S4 ERP system, liaising with the Treasury Middle Office team to facilitate the smooth settlement of all transactions;

  
  

• Support with the completion of all FX documentation, satisfying local banking and regulatory requirements (eg Dodd-Frank, EMIR, ISDA);

  
  

• Deliver various month end reports and cover analytical tasks connected to FX transactions, liquidity management and investments, ensuring the accuracy of data in all reported material;

  
  

• Assist in the analysis, development and documentation of forward looking plans, procedures and controls related to FX deal execution, investment and liquidity management;

  
  

• Review, maintain and enhance Front Office related policies, guidelines and desk procedures;

  
  

• Manage relationships with FX and asset management partners including due diligence, monitoring, performance, compliance and trade execution;

  
  

• Support the Booking Holdings investments track, inclusive of trading, accounting reconciliations and reporting;

  
  

• Partner with internal stakeholders (e.g. Corporate Accounting, Payments Operations, Fintech, Tax, FP&A, Financial Systems and Risk & Control teams) in order to satisfy evolving business requirements;

  
  

• Provide the Senior Group Treasury Manager and Senior Director of Front Office with support on ad-hoc tasks related to FX, liquidity and investment related queries;

Qualifications & Skills

• Actively contribute to the team by identifying and proposing changes to both internal and external processes in order to increase compliance, efficiency and generate cost reductions;

  
  

• 3-5 years of relevant FX experience, preferably from a large international corporate organisation and/ or a Bank with global FX dealing capabilities;

  
  

• In depth knowledge and experience of capital, FX and interest rate markets;

  
  

• Proven experience of trading currency derivatives including Options, Forwards, NDFs, Swaps and Spots;

  
  

• Must possess strong capital markets knowledge with reasonable accounting acumen being a strong plus;

  
  

• Knowledge or experience in coding language such as Python, VBA, SQL is not a must have but considered a strong plus;

  
  

• Systems knowledge; SAP ERP/TMS, Bloomberg, Anaplan, FXALL, Tableau is considered a strong plus;

  
  

• Excellent analytical and modelling skills as well as strong proficiency in Excel;

  
  

• Excellent written and verbal communication skills;

  
  

• Strong interpersonal skills and work ethic;

  
  

• Solution oriented and result driven;

  
  

• Proactive and capable of working independently as well as working in a team;

  
  

• Strong knowledge of micro and macroeconomic factors, with the ability to translate these into risk-based decisions;

  
  

• Able to demonstrate relentless tenacity to drive business objectives and deliver results

Communication

• (Group) Treasurer - Ad-hoc requests from Group Treasurer to provide analysis or specific data - Occasional

  
  

• Internal stakeholders in Accounting, Tax, Legal and other departments as required - Work closely together to drive projects forward and share knowledge and experience - Continuous

  
  

• Senior employees of External Banking Partners - Coordinate the relationship management and ongoing assessment of performance of FX Brokers and Investment Managers - Continuous

  
  

• External vendors - Relationship management for Treasury and Investment Solutions. Next to optimising relationships, this includes fee negotiation - Frequent

  
  

• Treasury Team (Mid-Office) - Coordinate important settlements,covering all FX and Investment related flows. Work closely together as a team and challenge each other to improve performance on an ongoing basis - Frequent

Knowledge

• Level of knowledge: Deeply specialised knowledge of one professional discipline required with advanced knowledge of specific technical/operational practices

  
  

• Level of Education: Bachelor degree

  
  

• Years of relevant working experience: 3 - 5 years