Treasury and Investment (Project Hire)

Company: Union Bank of the Philippines

Position: Project Hire Employee

Office Location: UnionBank Plaza - Ortigas, Pasig City

Project Title: Project Gear Shift (Enhance, Optimize and Automate)

Project Objective: The objective of this project is to ensure accurate, timely, and compliant processing of treasury settlements, reporting, and administrative requirements. This includes supporting daily settlement operations, validating end-of-day financial records, preparing critical reports, and providing administrative and operational assistance to the Settlements Teams.

Project Description: The project encompasses the end-to-end management and support of treasury settlement activities and administrative processes. This includes the preparation and review of daily operational reports such as PVP and Overnight Swaps settlements, as well as Borrowing and Lending reports. It also covers the settlement of Foreign Exchange (FX), Money Market (MM), Derivatives, and Fixed Income (FI) instruments through systems such as GUAVA and XACT, including processing manual updates for NDF transactions, FX spot transactions, and borrowing and lending activities. The scope further extends to performing end-of-day checks and balances, validating treasury bookings against deal tickets and traders blotters, and processing corresponding entries in Finacle. In addition to core settlement tasks, the project includes administrative support such as term sheet preparation, coordination for authorized signatories, issue investigation, reconciliation, margin call handling, BIR form monitoring, audit requirement consolidation, and KYC document collection. The project also provides flexible support to various Settlements Teams to ensure seamless workflow continuity and operational efficiency.

Project Deliverable:

1) Report Preparation

Collating and reviewing:

- Daily: PVP Settlement

- Daily: Overnight Swaps Settlement

- Borrowing and Lending

2) Settlement of Foreign Exchange (FX), Money Market (MM), Derivatives, and Fixed Income (FI)

- Review of SWIFT Payment Instruction

- Settlement of PHP, USD, 3rds, REPO, Derivatives, Bonds in GUAVA, XACT, Manual Products (JPYPHP, PHP IRS)

- Manual Update in GUAVA of SSI of NDF Transactions, FX IB SPOT, Borrowing and Lending, FCDU Lend, RBU Borrow, Bank Account

3) End of Day Check and Balance

- Validate and confirm booking in the Treasury System against deal ticket and Trader's blotter.

Processes transaction entries in Finacle

4) Admin Tasks Support

-Term Sheets review, preparation and request for signature to Authorized Signatories (NDF, 3RDS, CCIRS, CCRTM, PHP IRS)

- Investigate/resolve transaction and reconciliation issues (DFFB/DFBSP)

- BIR forms 2306 and 2307 : Monitoring, collecting and issuance

- Margin Call/Withdrawal

- Collection of KYC Documents

- Consolidation of Audit Requirements

5) Provide support to Settlements Teams as needed

Duration of Engagement: 11 months

• Required Skills: Accountability, Adaptability, Analytical, Good Communication Skills, Critical thinking, Teamwork, Willingness to learn