Treasury Specialist

About the role

The Treasury Specialist is responsible for worldwide establishment and maintenance of Brown-Forman’s 200+ global bank accounts. The role also prepares relevant compliance documents and provides administrative support to the Treasury department. Also responsible for the back office function for foreign exchange (FX), commodities, and cash management.

Responsibilities

• Establish, monitor, maintain, and terminate Brown-Forman’s 200+ global bank accounts.
• Generate individualized resolution packages and supporting documents required by each country and each bank; interact with B-F Legal team to ensure resolutions/documents are compliant with corporate governance; coordination of signatures and delivery to bank; maintain file of current passports or standard signers; follow up with banks to confirm changes.
• Prepare/notarize associated documents: power of attorney, incumbency and secretary’s certificates, etc.
• Maintain global bank account database to keep signatories and authorizations current and correct.
• Provide FATCA and Self-Certifications (CSR) documents as part of Know Your Customer (KYC) compliance requests.
• Manage Anti-Money Laundering (AML) requirements in various markets / jurisdictions.
• Prepare compliance certificates and reporting packages, coordinate internal review, and submit required loan compliance documentation to financial institutions.
• Prepare audit confirmations for external audit (annually) and internal audit (as requested).
• Create new business partners and make changes to existing business partners when traders have new banks or if there are any changes to banks or delivery instructions; generate freeform payments as needed.
• Settle FX contracts (using Finastra and SAP systems), noting that trades are within approved hedging parameters. Dissolve FX contracts mid-month and perform various FX reporting and system activities. Can be a high volume and of an urgent nature, depending on money movement.
• Monthly compliance reporting and statement verification.
• Manage bank guarantees, draft letter of credit applications and amendments as needed. Process related invoices for payment.
• Ensure proper loading of foreign exchange rates from Bloomberg into the Treasury database and SAP.

Requirements

• Bachelor's Degree in Business Administration with three years experience (in banking or like industry a plus) or Associate Degree with five to seven years experience and/or eight to ten years equivalent education/experience combination with administrative office function.
• Strong interest in international business operations, including familiarity with geography and practices outside of the U.S.
• Excellent interpersonal skills to develop and maintain effective working relationships with Brown-Forman’s financial community and internal Brown-Forman personnel.
• Excellent oral and written communications skills, ability to clearly and tactfully respond to inquiries and composes routine correspondence and presentations as directed.
• Attention to detail and excellent organizational skills, including project management and planning.
• Experience and proficiency with software systems such as Microsoft Office and Google Docs.
• Demonstrated ability to take initiative, meet deadlines, solve problems, and reach independent judgments.
• Demonstrated ability to maintain confidentiality of information.
• Ability to work a flexible schedule as needed.

Qualifications

• Previous experience with a Corporate Treasury function as a Treasury Specialist.
• Paralegal.
• Notary Public.
• Experience using technology to drive process efficiencies.
• Foreign Language Skills.