Treasury Risk Specialist

Booking.com
Booking.com
Amsterdam, NetherlandsOn-siteCompetitiveAdded 5 days ago

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About Booking Holdings
Booking Holdings (NASDAQ: BKNG) is the world's leading provider of online travel and related services, provided to consumers and local partners in more than 220 countries and territories through five primary consumer-facing brands: Booking.com, Priceline, Agoda, KAYAK and OpenTable. The mission of Booking Holdings is to make it easier for everyone to experience the world. For more information, visit BookingHoldings.com and follow us on X (formerly known as Twitter) @BookingHoldings.

This role is eligible for our hybrid work model: Two days in-office.

Booking Holdings BV's global treasury team is looking for a Treasury risk management professional to join our growing team.

The Treasury Risk Specialist is responsible for performing financial analysis and operating processes relating to the identification, quantification, management and reporting of credit, counterparty, liquidity and other Treasury risk typologies that attach to Booking's evolving business models, strategic initiatives and third party relationships.

Reporting to the Treasury Manager - Risk, the preferred candidate should have a high attention to detail and be accustomed to working in a fast paced environment, while working collaboratively with various internal and external stakeholders to successfully meet agreed deliverables.

The candidate should be able to demonstrate a proven ability to perform risk analysis and drive operational efficiencies through the design and implementation of End to End processes leveraging and adopting new technologies to support best in class risk management and reporting.

Characteristics of a successful candidate include strong analytical skills and experience of adopting and implementing advanced analytics as a means of making data driven recommendations to complex problems. A successful candidate should possess excellent communication and stakeholder management skills and be able to partner with stakeholders of various levels of seniority across the organization.

Due to the continuous growth of the organization, the tasks and duties of this role will evolve over time. You will be keen to develop and grow within the role and challenge yourself to take on additional projects and responsibilities as they present themselves.

Key responsibilities:

  • Produce high quality assessments and reports addressing credit and counterparty risk for Financial Institutions & Fintech Partners, and Trip Providers for senior management, steering committees and internal stakeholders;

  • Perform fundamental credit and counterparty risk assessments for new product and third party relationships, providing recommendations based on relative value assessments;

  • Perform both ad hoc and cyclical credit and financial analysis across applicable counterparty portfolios according to risk management framework, leveraging available technologies and tooling to quantify risk exposures;

  • Responsible for carrying out the existing operating process of partner risk assessment to determine the appropriate payout policy by working closely with different stakeholders.

  • Be the main point of contact for stakeholders' inquiries and ensure the quality and accuracy in the reporting and operational process.

  • Be the key driver for the existing operating process & risk model improvement based on business feedback and continuously seeking to improve the process efficiency.

  • Support the cross functional project which aims to set up the credit risk management framework at Booking. This includes but is not limited to: work with data analysts to improve the risk reporting, identify business use case for various credit risk models and work with product managers to build a credit risk platform that aligns with business requirements,

  • Seek to enhance/automate the current reporting mechanisms to effectively monitor the risk exposures, maintain the risk profile for all counterparties, leveraging key technology enablers, such as S&P Capital IQ, Bloomberg, SAP S/4

  • Develop strong business relationships with key internal stakeholders across Finance, Legal, Tax, Product teams and other cross functional teams.

Skills and experience required:

  • A professional track record of 3-5 years and relevant experience gained in Finance, Treasury or credit risk management fields within corporations, payment service providers or financial institutions;

  • Bachelor or Masters' degree in a related field (Finance, Statistics, Economics, Econometrics or related degrees)

  • Expertise in the credit and counterparty risk management techniques and experience of performing fundamental credit analysis.

  • Solid knowledge of credit risk management process and credit risk models

  • Ability to work autonomous on reporting, risk monitoring and implementing E2E risk management processes and controls;

  • Broad knowledge of various risk typologies, such as FX, investment and liquidity risk.

  • Broad knowledge of micro and macroeconomic factors, with the ability to translate these into risk-based decisions;

  • Problem solving ability and critical thinking. High attention to detail.

  • Strong sense of ownership, being proactive and capable of working independently as well as working in a team.

  • Ability to prioritize tasks and meet required deadlines while managing competing priorities and working within a faced paced environment;

  • Excellent communication skills (both written and verbal) in English and stakeholder management skills. Ability to effectively convey difficult or complex information in an easy to understandable manner while adapting style and approach based on the seniority of applicable stakeholders

  • Experience with S&P Capital IQ, Bloomberg, SAP S/4, FIS Quantum is a plus

  • Ability to run SQL queries to quantify point in time credit exposures; Python or other ability to perform data analytics/data visualization is a plus

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