Contact information

Michael M. Naccarat

4611 Nelm Street
Hyderabad – 22102

Career objective

Looking for a challenging position of the Bank Treasurer in the reputed company with a view to use my wide experience for the benefit of the organization.

Skills

  • 12 years treasury experience encompassing front middle and back office
  • Advanced cash management and cash pooling skills maximising the use of funds
  • Advanced report writing and analytical skills enabling better informed decisions to be taken
  • Thorough knowledge and experience of treasury products and derivatives
  • Advanced accounting and statutory reporting experience
  • Effective communicator with senior management communicator and negotiator with external parties and motivational manager of staff
  • Experience of creating cashflow forecast
  • Thorough knowledge of IAS and USGAAP standards relating to treasury products experience of ensuring activities comply with the relevant accounting standards.
  • Project management skills and goal orientated achievements.

Career Achievements

  • Cashflow forecast and variance analysis.
  • Implementation of new cash management procedures modules and methodologies to enhance use of funds be less time intensive and incorporate new funding facilities
  • Writing detailed cash management procedures manual
  • Dealing on behalf of company to value of including loans ECP and USCP
  • Responsibility for intercompany loan and cash procedures.
  • Designed and implemented of cashflow forecasting modules.
  • Responsibility for cashflow foreign currency hedging and risk management.
  • Responsibility for treasury elements pertaining to and funding of acquisitions.
  • Negotiating new funding facilities and extensions of existing facilities
  • Writing prospectus for refinancing of existing debt
  • Writing Information Memorandum and roadshow presentation for launch of 1.2 billion bond.

Experience

2009 – Present

ABB TREASURY AND ENERGY SERVICES UK Plc

Bank Treasurer

  • Recruited to generate revenue from sole position
  • Achieved return on risk capital of 51%, the only person employed by ABB London in last seven years to achieve budget in first year’s trading.
  • Traded Sterling, US Dollars, Euros, Yen, and Swiss Franc off-balance sheet instruments, including Forward Rate Agreements, Interest Rate Swaps, Futures and Options, to a maturity of 10 years.
  • Took positions including directional, spread, basis risk, yield curve and strip.

2007 – 2009

CREDIT COMMERCIAL DE FRANCE –

Bank Treasurer

  • Appointed to run the Sterling cash book following the acquisition of Charterhouse Bank
  • Generated 2.7m in 8 months of 2000 against a budget for the full year of 2m.
  • Exceeded budget every year.
  • Managed the trading book with an open position of 1600 futures contracts equivalent.
  • Market maker for Corporate Desk, helping desk with strategies for corporate clients.
  • Participated in monthly economic and investment strategy meetings.
  • Directed the funding and investment strategy of the Sterling cashbook, with a daily turnover of between 1 and 2 billion.

2005 – 2007

Global Investment Bank

Bank Treasurer

  • Promoted to full treasury role with management responsibility for the branch
  • Achieved treasury budgets in each year.
  • Created with Finance Officer a new P&L management process to maximise trading profit.
  • Produced and presented the annual budget to Paris Head Office.
  • Involved in policy decisions for the whole London Branch.
  • Presented to Banque de France for Central Bank Audit, and persuaded them to accept method of P&L management at CCF London Branch.

2003 – 2005

IDBI Bank

Bank Treasurer

  • Promoted to continue trading and deputise for the treasurer
  • Beat revenue targets achieving between 150% and 200%.
  • Managed other currency books in the absence of traders.
  • Managed liquidity of the London Branch.
  • Researched and presented new products to be traded and involved in the consultation phase for the implementation of in-house  (contact details removed)-to-market system.
  • Liaised with corporate sales staff and accompanying them on company visits.
  • Elected Trustee of CCF Pension Fund by fellow employees.

Education

  • Manchester Metropolitan University

BA, Business Administration

  • University of Salford

BTEC Higher National Diploma (HND) in Business Studies

References

Floyd P. Olivier
Manager
Wap Company.
Floyd_oliver@gmail.com

Adverstiments