Establishment of a Liquidity Management Policy Framework in the areas of liquidity planning and management, legal entity financing, cash flow forecasting and intraday liquidity management. The project included the definition of the relevant governance bodies and processes (i.e., overarching liquidity management process and sub-processes), and the implementation of the respective control framework around it.
Liquidity Management Policy Framework
Key Deliverables
Policy framework with main policy and three underlying sub-policies
Roles Covered
Business Analyst
40 Stakeholders
Treasury
Divisional CFOs
Finance
Risk
Cash Managment
Operations
Key Benefits
Improvement
2 FTE Team
Consultant, Manager & Partner
150
Pages
The four policies comprised 150 pages
Key Activities
2021 – 2022
Project duration: 6 months
Process Mapping
Documentation of the overarching liquidity management process, as well as the processes for the sub-policies
Control Points Definition
Identification of crucial process control points, to ensure risk mitigation and compliance
Governance Evaluation
Establishment of a framework outlining roles and responsibilities around the defined control points and for the execution of the Liquidity Management Policy Framework
Policy Document Creation
Development of robust and clear policies based on processes, control points and governance
Ensure Syndication & Approval
Stakeholders alignment to achieve final approval