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Manager Management

Location:
Houston, TX
Posted:
December 29, 2013

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Resume:

YET L CHAI

**** **** ***** *** **: 347-***-****

Pearland TX 77581 E-Mail: **********@*******.***

* *******

Senior corporate treasury professional in Hong Kong for over 15 years prior to moving

to USA in 2012. Over 20 years international experience in finance with in-depth

knowledge and practical experience of investment products, funding, loans, equities,

banking operations, foreign exchange and derivatives. Hold a B.A.(Econs) Upper 2 nd

Class Hons from Leicester University, U.K and Certified Treasury Professional.

PROFESSIONAL EXPERIENCE

West Kowloon Cultural District Authority July 2010 to July 2011

Website address: www.wkcda.hk

West Kowloon Cultural District Authority (WKCDA) is a Hong Kong statutory

authority, established in 2008 to develop an integrated arts and cultural district with an

endowment fund of about US$3 billion to cover development costs.

Senior Manager, Treasury and Fund Management (Treasurer equivalent)

Report to the Executive Director, Finance (CFO)

• Managing HK$22 billion (US$3 billion equivalent) funds

• Setting up effective cash management system, treasury team and policies and

procedures

• Managing risk exposure and corporate capital structures

Achievements

• Increased rate of return for US$ 3bn funds from 0.9% in 2009 to 3.4% in

2010 and 4.2% in 2011 with low risks required for a HK government entity.

• First Government Authority to generate a rate of return exceeding 3% with a

low risk level

• Set up Cash Management system, Treasury Team and Treasury Policies and

Procedures in less than a year.

IDT HK Ltd, Hong Kong Mar 2008 to Apr 2010

Website address: www.idthk.com

Public listed holding company of Oregon Scientific, a leading consumer brand in

weather and timing products, with marketing offices in Europe, US, Australia, LATAM

and Asia.

Treasurer

Report to CFO

• Financing, Cash Management, E-Banking, Hedging, Risk Management,

Receivables Management

• Share buyback, privatization exercise, dividend payouts

• Supervise 3 direct reports in HK and 20 support staff in Shenzhen, China.

Achievements

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• Centralized Cash Management, lowered operational risks and generated

transaction cost savings.

• Restructured overseas Finance teams and implemented credit insurance

policies & factoring for buyers on open account which lowered credit risk of

company.

Hongkong Land Ltd, Hong Kong Jan 1998 to Aug 2006

Website address: www.hkland.com

Property arm of Jardine Matheson and is the largest landlord in the central business

district in Hong Kong, where it owns and manages about 5 million square feet or nearly

20% of total prime office and retail space in Central, Hong Kong.

Regional Treasury Manager

Reported to Head of Treasury and Investments

• Financing, cash management, treasury operations, risk management.

• Project Analysis – Review on financial model assumptions by project teams and

advise on funding and risk (economic, sovereign, financial)

• Bank relationships – managed relationships with over 40 banks, which over half

were international banks.

Achievements

• Assisted in the issuance of 6-yr US$300m bonds, 7-year HK$7.5bn (US$1

bn equivalent) syndicated loan facility and extended the average maturity

profile of loans to 5 years. Managed HK$14bn (US$2 bn equivalent) loan

portfolio and US$1 bn liquid cash.

• Implemented US$1 bn FX Forwards to hedge FX risk, HK$7bn (US$900m

equivalent) and US$200m (other currencies) interest rate swaps to hedge

interest rate risk.

• Implemented the new Treasury system (Integra-T).

Equities Dealer in OSK Securities Asia Ltd, Malaysia. 1994 - 1997

Assistant Manager, Finance in FELDA Oil Products, Malaysia 1992 – 1994

Trade Finance Officer in Maybank Berhad, Malaysia 1991 - 1992

EDUCATION

Bachelor of Arts, Upper 2nd Class Honors in Economics 1988 – 1991

University of Leicester, United Kingdom

PROFESSIONAL QUALIFICATIONS

Passed Certified Treasury Professional in January 2013

Passed HKSI Papers 1, 7, 8 in 2009 (HK equivalent papers for commodities, futures &

options and equities trading)

LANGUAGES

Fluent in English, Cantonese, Malay, Mandarin and can speak several Asian languages.

COMPUTER SKILLS

MS Office (MS Word, Excel, Power Point, Outlook), Reuters, Bloomberg

OTHERS

Malaysian Passport, HK Permanent Resident and USA Green Card Holder (Legally

authorized to work in the USA)

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