Who We Are
Revantage is a global corporate services leader, delivering exceptional experiences to Blackstone portfolio companies and investments that enable them to thrive. As a global firm, Revantage provides a suite of service offerings with our best-in-class talent, processes, and technologies to support thousands of assets and billions in TEV across asset classes, including industrial, residential, hospitality, office, retail, and others.
Revantage Asia, headquartered in Singapore, is among four Revantage regions that also include Revantage North America, Revantage Europe, and Revantage Australia & New Zealand.
What We Value: Our Culture
Creating a culture that inspires change and momentum requires the right team. We know what it takes to lead an industry, and are looking for leaders who seek constant growth, want to excel, and continuously improve upon themselves and the industry. The culture at Revantage is built on our shared core values and commitment to be:
- Achievers – We expect high standards for ourselves and enable the success of our teams
- Enthusiasts - We face challenges with optimism and believe anything is possible
- Leaders - We commit to continuously improve our performance
- Learners – We learn from our challenges, successes and the diversity of our people
- Partners - We deliver value and positive impact to our partners.
Why This Role Is Valuable
Associate, Treasury will be supporting the Treasury Operations in Revantage Asia. We work as a team and provide end to end Treasury Operations for Blackstone Real Estate Asia. We play an integral part in wide variety of disciplines including pre-acquisition (bank accounts/KYC), deal life cycle (distributions), disposals (movement of funds and closure of accounts), static data, compliance, and systems. We are looking for self-starter who is hands-on, able to handle stakeholders and information in a short turnaround time. We pride ourselves as One Team, One Spirit: looking for someone with the same values.
Key Responsibilities
Treasury Operations
- Process urgent payments on WSS (our TMS solution) and banking platforms.
- Problem solving for any payment related issues.
- Confirmation and settlement of FX trades.
- Assisting users with any issues on the back end/systems when required.
- Monitor and follow up on various banking processes and security issues.
- Handling any ad-hoc enquiries relating to bank accounts.
- Keep the internal database up to date with new/closed bank accounts and signatory changes.
- Ensure data integrity is maintained to the highest standard in line with governance protocol.
- Responsible for cash related reporting for the Asian portfolio i.e. month end bank statements
- Liaise with Auditors and/or Banks for audit confirmation process.
- Support KYC refreshers and opening / closing of bank accounts for RE Asia
- Reach out to various banks and internal parties on required documents.
- Act as the primary contact for the Asian banks, maintain the relationships & respond to queries.
- Keep track of status and work towards targeted deadlines
Stakeholder Management
- Manage the operational relationship with Revantage Asia, Blackstone and Blackstone’s Banking Partners
- Liaise with Blackstone Business Finance Team for coordination of information and payments related matters.
Ad-hoc Projects and Improvement Initiatives
- Work with teams to identify and deliver on continuous improvement initiatives to streamline and optimize treasury operations processes.
- Support and participate in inhouse projects and system enhancements if any.
What You Bring To The Role
- University degree in Accountancy/Finance or relevant discipline with 3+ years in a Corporate Treasury/Cash Management function at a multinational corporation. Ideally, would possess exposure to or knowledge of middle/back office operations in RE/PE industry.
- An understanding of the Swift payment network and basic Swift messages relating to cash and cash reporting
- Fluent in English and Mandarin – to fill bank documents etc.
- Knowledge of any other language will be an advantage.
- Able to work in a dynamic, fast-paced, changing and complex environment.
- Attention to details; able to articulate and identify solutions in short span of time.
- Possess good understanding of financial instruments and products; and
- Being a team player, supporting one another in the team.
Other Skills:
- Efficient: Can process large amounts of data while maintaining accuracy in the detail
- Solve Problems: Assess problem situations to identify causes, gather and process relevant information, generate possible solutions, and make recommendations and/or resolve the problem
- Make Decisions: Assess situations to determine the importance, urgency and risks, and make clear decisions which are timely and in the best interests of the organization.
- Plan: Determine strategies to move the organization forward, set goals, create and implement actions plans, and evaluate the process and results, use experience to be proactive in approach
- Communication: Speak, listen and write in a clear, thorough and timely manner using appropriate and effective communication tools and techniques.
- Team: Has a professional manner and a high energy level; exhibits a positive attitude and ability to work independently, highly motivated and an excellent team player; and
- Flexibility: Flexible according to business requirements, manages stress well and uses it as a positive motivator.
- Character: An independent, resourceful, self-motivated individual with the ability to multi-task and work in a dynamic environment.
DIVERSITY MAKES US SMARTER
Diversity and inclusion is the DNA of Revantage Asia. We’re committed to building a diverse and inclusive environment for everyone. With over 13+ nationalities and a number of languages fluently spoken in the office, it creates a unique dynamic and fosters a real competitive advantage that helps us support Blackstone Real Estate across Asia Pacific. Thanks to our diversity, we are flexible and able to adapt our response to the challenges we face.
