Role Summary
The Treasury Liquidity Manager ensures the integrity, accuracy, and timeliness of fund movements, merchant settlements, and reconciliation processes. This role is critical to maintaining compliance with BSP’s Manual of Regulations for Non-Bank Financial Institutions (MORNBFI), particularly Sections 611-Q (Treasury Operations), 146-Q (Human Resource Risk), and applicable circulars on liquidity, risk, and operational controls. The role also manages banking relationships, credit facilities, and trust arrangements, while championing automation, fraud monitoring, and operational resilience.
Key Responsibilities
Treasury Operations
• Oversee daily cash management, liquidity monitoring, and fund placements.
• Implement and enforce a Treasury Code of Conduct and Standards of Practice per BSP Section 611-Q.
• Ensure segregation of duties between risk-taking, settlement, and reconciliation functions.
• Monitor FX and interest rate exposures, ensuring alignment with approved risk appetite.
• Develop short- and medium-term cash flow forecasts and run liquidity stress tests.
• Recommend treasury diversification strategies and support scenario planning.
Reconciliation
• Lead end-to-end reconciliation of bank accounts, payment gateways, and internal ledgers.
• Investigate and resolve discrepancies within prescribed turnaround times.
• Maintain audit trails and reconciliation logs for internal and regulatory review.
• Collaborate with IT and product teams to automate reconciliation workflows and ensure data integrity.
Settlement
• Supervise settlement of merchant payouts, interbank transfers, and clearinghouse obligations.
• Ensure settlement timelines and accuracy meet SLA and BSP standards.
• Implement controls to prevent duplicate, delayed, or erroneous settlements.
• Liaise with partner banks, payment networks, and clearing entities to resolve exceptions
Banking & Institutional Relationships
• Serve as the primary liaison with partner banks, trust entities, and financial institutions.
• Negotiate and manage credit lines, overdraft facilities, and trust arrangements.
• Ensure timely renewal and compliance with covenants tied to credit facilities.
• Coordinate onboarding and due diligence for new banking partners.
• Monitor bank performance, settlement SLAs, and fee structures.
• Maintain updated documentation of all banking agreements, signatories, and escalation protocols.
Fraud Monitoring & Exception Handling
• Flag and escalate suspicious transaction patterns or reconciliation mismatches.
• Collaborate with Risk and Compliance teams to investigate and resolve exceptions.
• Maintain logs of exception handling and corrective actions for audit readiness. System Ownership & Automation Advocacy
• Serve as business owner for treasury and reconciliation modules in core systems.
• Define system requirements for automation, audit trails, and dashboard visibility.
• Collaborate with IT and product teams to ensure scalable, secure workflows. SOP Stewardship & Continuity Planning
• Develop and maintain modular SOPs for treasury, reconciliation, and settlement.
• Train backup personnel and ensure cross-functional understanding of critical workflows.
• Maintain a business continuity playbook for fund movement and settlement operations. Governance & Internal Controls
• Periodically review and update internal controls related to fund movement and reconciliation.
• Participate in internal control testing and risk self-assessments.
• Ensure dual controls, maker-checker protocols, and escalation paths are documented and enforced.
Compliance & Reporting
• Ensure full compliance with BSP MORNBFI, AMLA, and other applicable regulations.
• Prepare and submit required reports to BSP, including liquidity profiles, reconciliation summaries, and settlement logs.
• Support internal and external audits, including BSP onsite examinations.
• Collaborate with Compliance and Risk teams to address findings and implement corrective actions.
Requirements
Qualifications
• Bachelor’s degree in Finance, Accounting, Economics, or related field; CPA or CFA preferred.
• Minimum 5 years’ experience in treasury, reconciliation, or settlement roles within financial services.
• Strong understanding of BSP regulations, especially MORNBFI and Circulars 1088, 112, and 1189.
• Proficiency in financial systems, reconciliation tools, and Excel-based dashboards.
• High integrity, attention to detail, and ability to lead cross-functional teams.
Preferred Attributes
• Experience with fintech platforms.
• Familiarity with ISO 20022, SWIFT, PESONet, and InstaPay.
• Strong communication skills for regulatory correspondence and internal coordination.
• Ability to design modular, dashboard-ready reports and fillable compliance forms.
Work Location: Makati City
Work Set-Up: Hybrid (3 days onsite)
