Chief Financial Officer - Financial Services (Based in Laos)
We are representing our client, a gold-based financial services company in Laos, in recruiting a Chief Financial Officer (CFO) to lead the bank's financial strategy and operations.
Job Responsibilities:
- Develop and execute the bank's financial strategy to support overall business objectives.
- Provide strategic insights into currency fluctuations, risks, and opportunities.
- Forecast financial performance based on market trends.
Treasury & Liquidity Management:
- Oversee cash flow management, ensuring sufficient liquidity for trading operations and balance sheet requirements.
- Manage the bank's assets, inventory, and currency positions.
- Develop policies for efficient cash and precious metals asset utilization.
- Maintain compliance with international banking standards.
- Establish robust risk management frameworks for credit, market, and operational risks.
- Monitor exposures to metal prices, currency rates, and other financial risks, implementing hedging strategies where appropriate.
- Ensure compliance with regulatory standards, including Basel III, AML/KYC, and anti-money laundering regulations.
- Oversee accurate and timely financial reporting in line with IFRS or GAAP.
- Analyze financial performance, including asset allocation, return on assets, and trading results, to guide decision-making.
- Present financial reports, performance summaries, and risk assessments to the board and stakeholders, with recommendations for improvement.
- Design and implement capital management strategies, optimizing the bank's capital structure.
- Evaluate investment opportunities in the precious metals sector, balancing return with risk.
- Oversee financing initiatives and banking relationships to support capital needs, ensuring access to credit facilities and favorable terms.
Strategic Partnerships & Market Relations:
- Develop and manage relationships with trading counterparties, refineries, custodians, and financial institutions.
- Lead discussions and partnerships with other financial and commodities institutions to enhance the bank's competitive position.
- Represent the bank in the precious metals market, establishing it as a trusted player and thought leader.
Operational Leadership & Process Improvement:
- Lead and develop the finance team, fostering a culture of accountability and continuous improvement.
- Drive operational efficiency by streamlining processes and reducing transaction costs.
- Oversee technology adoption within finance and treasury to support accurate, real-time reporting and analytics.
Governance & Stakeholder Engagement:
- Act as a trusted advisor to the CEO and board, aligning financial strategies with organizational goals.
- Maintain transparent communication with investors, auditors, regulators, and other stakeholders.
- Ensure ethical practices in all financial operations and reporting, upholding the bank's reputation and regulatory compliance.
Job Requirements:
- Bachelor's or Master's degree in Finance, Accounting, Economics, or related field (CFA/CPA preferred).
- 10+ years of experience in senior financial management, preferably within bullion banking, commodity trading, or financial services.
- Deep understanding of bullion banking operations, precious metals trading, and international financial regulations.
- Expertise in financial forecasting, liquidity management, and risk mitigation in commodity markets.
- Strong leadership skills with a proven track record of developing high-performance teams.
- Exceptional analytical skills and proficiency in IFRS and GAAP standards.
- Excellent stakeholder management, negotiation, and communication skills.
- Must be willing to relocate to Laos.
Benefits and Other Information:
- Working hours: 8:00 to 17:30, Monday to Friday.
- Type of employment: Fixed-term, renewable annually.
- Accommodation: Covered by employer.
- Relocation assistance: Flight and accommodation upon arrival.
- Yearly home flight ticket: Covered by employer (based on actual bill).
- Work and stay permits, multiple visas: Covered by employer.
- Health & life insurance.
- Annual leave: 15 days.
- Sick leave: Up to 30 days.
Qualified and interested candidates may apply online or email your updated resume to siti(at)talentrecruit.com.my. Only shortlisted candidates will be notified.