Description

Temasek is a global investment company headquartered in Singapore, with a net portfolio value of S$434 billion (US$324 billion, €299 billion, £250 billion, and RMB2.35 trillion) as at 31 March 2025. Marking our unlisted assets to market would provide S$35 billion of value uplift and bring our mark to market net portfolio value to S$469 billion.

Our Purpose So Every Generation Prospers guides us to make a difference for today's and future generations.

Operating on commercial principles, we seek to deliver sustainable returns over the long term.

We have 13 offices in 9 countries around the world: Beijing, Hanoi, Mumbai, Shanghai, Shenzhen, and Singapore in Asia; and Brussels, London, Mexico City, New York, Paris, San Francisco, and Washington, DC outside Asia.

For more information on Temasek, please visit www.temasek.com.sg .
For Temasek Review 2025, please visit www.temasekreview.com.sg .
For Sustainability Report 2025, please visit https://www.temasek.com.sg/content/dam/temasek-corporate/sustainability/2025/Temasek-Sustainability-Report-2025.pdf .

Introduction

The Temasek Treasury team seeks to enhance value and strengthen the organisation's resilience by developing and implementing strategy, policies, structuring & raising debt, and managing FX & interest rate exposures and liquidity optimally.

Over the past few years, the Treasury Team has been transforming into a more commercial, more agile and more fit for purpose function. As a result of more volatile market conditions, increased regulatory requirements and changing organizational needs, the function's responsibilities and scope have grown in complexity, depth and breadth.

As a balance sheet owner, the team discharges their governance and control responsibilities with prudence and pragmatism. The team strives for excellence in market execution and through continuous process improvement.

Through collaboration, partnership and objective advice, the team builds strong long-term relationships with Treasury's network of stakeholders including the various investment teams, financial counterparties, bank lenders, bond investors, and the broader Temasek ecosystem of portfolio companies and platforms.

We are looking for an excellent candidate to join us, focusing on Cash Management.

As part of a wider treasury transformation, the Temasek Cash Management team, have successfully delivered on the following in recent years:

• Greater commerciality and efficiency in managing treasury cash,while keeping pace with the organisation's increased investment activity which have grown in complexity
• Generated significant additional interest against benchmark by seeking out more yield enhancing instruments within an appropriate risk and liquidity appetite
• Ensuring sufficient margin collateral to support an increase in firmwide derivative activities
• Improved operational efficiency and robustness despite increased funding complexity and shorter funding timelines (e.g. T+1 funding requirements, intermediary SPV structures)

Responsibilities

Liquidity Projections and Cash Management

• Drive day-to-day cash management, including timely and efficient funding, repatriation and cash placement to generate a commercial return within risk and liquidity tolerances suitable for Treasury-managed cash.
• In adjusting the liquidity profile of cash managed, work closely with internal stakeholders and connects the dots on liquidity projections, capital calls, margin funding.

Cash Infrastructure across SPVs

• Contribute to the structuring of funding routes across Temasek's SPVs and maintenance of cash /margin floats, balancing efficiency and simplicity with institutional needs (e.g. tax reasons).

Execution of FX, Interest Rates, Cash

• Part of the execution team. Beyond executing with commerciality and acumen, own counterparty relationships and have regular engagement to keep up / improve product pricing.

Treasury Systems & Processes

• Improving systems and processes is a key responsibility - co-drive the leverage of automation / AI to implement enhancements e.g. cash sweeps across SPVs, cashflow and margins forecasting, credit limit checks.
• Drive day-to-day cash management, including timely and efficient funding, repatriation and cash placement to generate a commercial return within risk and liquidity tolerances suitable for Treasury-managed cash.
• In adjusting the liquidity profile of cash managed, work closely with internal stakeholders and connects the dots on liquidity projections, capital calls, margin funding.

Requirements

• Relevant degree
• At least 6 years of experience in cash management functions of banks / corporate treasuries of large MNCs
• Strategic thinking with the ability to balance risk, liquidity, and return
• Strong analytical and problem-solving skills with high attention to detail
• Hands-on with a focus on execution, control, and continuous improvement
• Strong team player, clear and effective communicator (written and oral), adept at working across teams and independently engaging stakeholders across seniorities
• Excellent project management skills and time management