Treasury Middle Office Leader

Job description

3269023
Additional Cities

Budapest
Career Level

Experienced
Relocation Assistance

No
Business

GE Oil & Gas
Business Segment

Oil & Gas Headquarters
Function

Finance
Country/Territory

Hungary
Postal Code

1138
Role Summary/Purpose

The Treasury Middle Office Leader will be responsible for processing all treasury transactions in a correct manner including FX deals, MM deposits, derivatives and bonds. The Treasury Middle Office Leader will also be responsible for maintaining and executing controls in compliance with BHGE policies.
Essential Responsibilities

·  Support/Manage improvements to, or implementation of, Treasury Middle Office systems
·  Daily confirmation of all Treasury trades, ensuring all details are accurately recorded in the Treasury Management System and confirmed with the counterparty on deal date. Resolve confirmation issues with counterparties and Front Office
·  Settlement of all transactions including money market, FX, derivatives and bonds
·  Processing various Treasury payments from banking systems including transfers of cash to execute intercompany loan and equity movements
·  Preparation of daily reports on any counterparty limit breaches, conduct root cause analysis and put in place appropriate remedial action.
·  Oversee and support regulatory reporting as required to comply with local legislation and ensure systems and processes are updated to reflect regulatory changes.
·  Support ad hoc functions and projects as required.
·  Develop and monitor KPI’s/metrics for the Treasury operational processes

Qualifications/Requirements

·  Undergraduate degree in accounting, finance or equivalent required.
·  A minimum of three years proven experience of operating in a fast-paced financial services team environment, with a strong emphasis on Treasury products and Middle Office processes. 
·  Highly motivated and flexible, with the ability to multitask and prioritise.
·  Strong interpersonal, communication, analytical and organisational skills.
·  Excellent attention to detail. 
·  MS Office skills required.
·  Fluent English a requirement
Desired Characteristics

Quantum, Trax and/or SWIFT experience advantageous
About Us

Baker Hughes, a GE company (NYSE:BHGE) is the world’s first and only fullstream provider of integrated oilfield products, services and digital solutions. Drawing on a storied heritage of invention, BHGE harnesses the passion and experience of its people to enhance productivity across the oil and gas value chain. BHGE helps its customers acquire, transport and refine hydrocarbons more efficiently, productively and safely, with a smaller environmental footprint and at lower cost per barrel. Backed by the digital industrial strength of GE, the company deploys minds, machines and the cloud to break down silos and reduce waste and risk, applying breakthroughs from other industries to advance its own. With operations in over 120 countries, the company’s global scale, local know-how and commitment to service infuse over a century of experience with the spirit of a startup – inventing smarter ways to bring energy to the world.
Primary Country

Hungary
Primary State/Province

Budapest
Primary City

Budapest