NUS RMI-ACTS Workshop in Foreign Exchange & Liquidity Risks Management in APAC
26 and 27 August 2021 (Postponed to fourth quarter of 2021)
NUS RMI-ACTS Workshop in Foreign Exchange & Liquidity Risks Management in APAC
Program Synopsis / Overview
In this course, we shall present an outline of the daily life in the Corporate Treasurer, what are the typical roles and responsibilities. We will share some typical workflow and operational activities in our daily work. i.e FX exposures, cashflow forecasts and liquidity reports are one of the main reports that Treasurers look at and monitor.
As Treasurers, we will have to manage the financial risks like cashflow, FX, IR, funding and it is our responsibility to ensure that operationally the organisation is protected and funded without hiccups and gaps.
Asia Pacific region is home to many interesting markets whereby the currencies usage is restricted, market liquidity is limited, and cross border fund transfers are not straightforward.
Treasurers need to have a good understanding of the market colors and stakeholders’ behavior, the currency liquidity and the hedging options available. As cash and liquidity managers, we need to know how to optimize our cash, structure our bank accounts and network, and proactively manage any restrictions on capital controls and movement of funds.
Learning Outcomes
At the end of the program, the participants will be able to:
- Identify, Quantify and Benchmark FX & FX Market Liquidity Risks
- Demonstrate a clear understanding of the overview, behaviour and constraints of FX Markets and Regulations
- Demonstrate a clear understanding of the overview, depth & liquidity, costs & efficiencies of FX Hedging Products
- Identify Cash & Funding Liquidity Risks and learn how to quantify and benchmark them
- Illustrate the overview, regulations and solutions of Capital Controls and Cross Border Regulations
- Demonstrate a clear understanding of overview, options, costs & constraints of Cashpool Structures and Liquidity Solutions
Entry Requirements / Pre-requisites
- Finance, Accounting, Business related Degrees/Diplomas/Professional certifications
- Buy side finance/treasury professionals
- 3 – 5 years of finance/treasury work experience in SMEs or MNCs
Program Agenda
Section A: Overview of Corporate Treasury
- Typical Setup of Corporate Treasury
- Typical Role and Responsibilities of a Corporate Treasurer
- Typical Group Treasury Structure
Section B: Liquidity Risks and Cash Management
- Basics of Financial Risks Management
- Cash Management
- Liquidity Management
Section C: FX Risks Management
- The importance of FX Risk Management under socio-political uncertainty and volatile economic conditions
- What are the major types of risks? How they are managed or mismanaged?
- Why do treasury teams need to work harder than ever to manage FX risk?
- How to monitor and measure foreign exchange risk?
- How to manage foreign exchange risk?
Lecturers
Kai Bartlmae
Head of Treasury Operations in Asia Pacific, Daimler
Dr. Kai Bartlmae
Head of Treasury Operations in Asia Pacific, Daimler
Dr. Kai Bartlmae is responsible for the automotive and automotive finance business's treasury operations activities, overseeing more than ten Asia-Pacific markets. Kai collaborates closely with local and global teams on delivering treasury services on general treasury operations, cash management, payments, and settlements in an increasingly faster world. His interests are the optimization of processes using digital and innovational ideas.
Prior Role: Kai joined Daimler Treasury in Sept 2018. Before that, Kai was VP Risk Management Asia Pacific in Singapore for Daimler Financial Services throughout five years. During this time, he was driving digital transformation projects for credit risk management. Further, Kai spent many years in Asia as Director Portfolio Management for MB Auto Finance China in Beijing.
Education, Certification, Qualifications: Kai holds a master’s degree in Computer Science of the Karlsruhe Institute of
Technology and a Doctor of Economics (Dr. rer. pol.). Kai is a Certified Financial Risk Manager (FRM).
Kan Chen
Deputy Director (Industry), NUS RMI and Professor (Practice Track), NUS RMI and Department of Mathematics
Prof. Kan Chen
Deputy Director (Industry), NUS RMI and Professor (Practice Track), NUS RMI and Department of Mathematics
Prof. Chen Kan is Deputy Director for Industry at RMI and Professor (practice track) with RMI and the Department of Mathematics.
He was a Portfolio Manager at Capstone (2015- 2018) and World Quant (2013-2015), trading systematic equity strategies. Before that he was an Executive Director at JP Morgan’s global equity prop trading desk. While at JP Morgan, he managed the quantitative principal strategy (QPS) group running multiple strategies in global markets. He moved to CreditEase (Beijing) in 2018, managing CreditEase's capital market FoF business as well as developing quantitative strategies for trading Chinese equity markets.
Before moving to the financial industry, he was assistant/(tenured) associate professor in NUS in 1992-2006, teaching computational science and physics. He also held administrative positions in NUS as Acting Head/Deputy Head of the Department of Computational Science and Deputy Director of the Institute for Mathematical Sciences. He got his BSc in Physics from University of Science and Technology of China in 1983 and his PhD in Physics from Ohio State University in 1988. He has published papers in top journals such as Nature and Physical Review Letters.
Stephen Hogan
Honorary Secretary ACTS and
Vice President Regional Treasury Asia Pacific, Deutsche Post DHL
Mr. Stephen Hogan
Honorary Secretary ACTS and Vice President Regional Treasury Asia Pacific, Deutsche Post DHL
Stephen has been based in Singapore for the past 16 years, where he established the DPDHL Regional Treasury Centre (RTC) supporting over 140 legal entities in 41 countries across the region. The Group is the world’s leading mail and logistics company servicing customers in over 220 countries and territories worldwide. As a member of Deutsche Post AG Corporate Finance department, his main responsibilities encompass cash management including bank relationships, financial risk management, and corporate finance topics including subsidiary financing, legal entity management and M&A.
Currently, he is working on digitalization initiatives within Corporate Finance, to enable the department to adapt to challenges in a digitalized world and work in a more agile fashion. Stephen is also a facilitator for group leadership trainings under the Certified banner and 21st Century CFO programs. Stephen joined DPDHL in 1997 and has also held various Finance and Treasury roles at Country, and Global level in London and Brussels. Prior to this he also worked in Finance and Tax roles in the UK Health Sector and UK Civil Service. Stephen is an ACMA, CGMA, CPA (Aust.) and holds a BA (Hons) Economics from Manchester Metropolitan University. Stephen is currently Honorary Secretary of the Association of Corporate Treasurers Singapore having previously been Honorary Treasurer.
Tingsong Ye
Chief Technology Offer, Sparks Systems
Mr. Tingsong Ye
Chief Technology Officer, Sparks Systems
Prior to Spark Systems, in 2013 Ting Song worked at “buy side” US hedge fund Pine River Capital Management in Hong Kong, where he was part of a four-person team managing a quantitative FX macro fund of US$1 billion. Whilst there, he designed and built from scratch a bespoke state-of-the-art algorithm electronic trading system, and managed intraday trade strategies and executions.
Previous to Hong Kong, in 2011 he was a FX Algorithmic Trading Strategist at the “Sell Side” investment bank – JP Morgan, in Singapore, where he was responsible for developing the electronic pricing of Asian and NDF currencies on the bank’s e-commerce FX platform, including building and supporting the pricing infrastructure and auto risk management.
Before his return to Asia in 2011, Ting Song has already built a distinguished career having worked in London for over 10 years. He first entered the world of FX electronic trading in 2009, at Barclays Capital in London, where he was a senior quant developer for Barclay’s bespoke Algorithmic Trading System (BATS). The BATS team was responsible for providing automated pricing and electronic risk management for the award-winning Barclay’s FX e-commerce platform BARX – it was one of the top three single-dealer platforms in the world at the time.
Ting Song’s first crack at banking industry was at UBS in 2007, where he was associate director and led a team of high calibre developers to design and deliver a Java/Oracle-based enterprise data solution, as part of a high-profile bank-wide strategic integration framework initiative.
After his graduation from Trinity College, University of Cambridge with a degree in Computer Science in 2000, Ting Song started his career in telecoms during its boom in the early 2000s. He later moved into the consultancy industry and became technical architect and principal consultant with the boutique UK firm Detica, now BAE Systems Applied Intelligence, where he led technical teams and managed consultancy projects such as CASE Management System for the UK government and customer insight project for telecom company T-Mobile.
Program Date & Venue
26 and 27 August 2021
In view of the current Covid-19 situation, the workshop will be postponed to the fourth quarter of 2021. More details will be given at a later date.
Shaw Foundation Alumni House (subject to prevailing Covid-19 situation)
Program Fee
S$1,900 (subject to 7% GST)
Note: Please hold payment/SkillsFuture Credit claims until further instructions.
SSG Funding
This program is eligible for SkillsFuture Singapore (SSG) funding claims subject to all eligibility criteria being met.
| PROGRAM: | NUS RMI-ACTS Workshop in Foreign Exchange & Liquidity Risks and Cash Management in APAC | ||||||
|---|---|---|---|---|---|---|---|
| International Participants | Singapore Citizens1 | Singapore PRs | Enhanced Training Support for SMEs3 | ||||
| 39 years old or younger | 40 years old or older2 | ||||||
| Full Program Fee | $1,900.00 | $1,900.00 | $1,900.00 | $1,900.00 | $1,900.00 | ||
| Less: SSG Grant Amount | $0.00 | $1,330.00 | $1,330.00 | $1,330.00 | $1,330.00 | ||
| Nett Program Fee | $1,900.00 | $570.00 | $570.00 | $570.00 | $570.00 | ||
| 7% GST on Nett Program Fee | $133.00 | $39.90 | $39.90 | $39.90 | $39.90 | ||
| Total Nett Program Fee Payable, Including GST | $2,033.00 | $609.90 | $609.90 | $609.90 | $609.90 | ||
| Less Additional Funding if Eligible Under Various Schemes | $0.00 | $0.00 | $380.00 | $0.00 | $380.00 | ||
| Total Nett Program Fee Payable, Including GST, after additional funding from the various funding schemes | $2,033.00 | $609.90 | $229.90 | $609.90 | $229.90 | ||
1All self-sponsored Singaporeans aged 25 and above can use their SkillsFuture Credit to pay for the program. Click here to view the program (Course Reference Number: TGS-2020513895).
2Mid-Career Enhanced Subsidy (MCES) - Singapore Citizens aged 40 and above may enjoy subsidies of up to 90% of course fees. MCES subsidy applies if you turn 40 on the year that you take the course, even if the course is completed on or before your birthday. More info.
3Enhanced Training Support for SMEs (ETSS) - SME-sponsored employees (Singaporean Citizens and PRs) may enjoy subsidies up to 90% of the program fee. More info.
4Eligible organisations (excluding government entities) may apply for the absentee payroll funding via SkillsConnect for Singaporean/permanent resident participants attending the program during working hours. The absentee payroll funding is computed at 80% of hourly basic salary capped at $4.50 per hour or $7.50 per hour for SME. More info.
Registration
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For enquiry, please contact Ms. Sinta Yowendra at Tel: 6516 7127 or Email: sintayo@nus.edu.sg