Matthew Kenji Dee Chan

Role Overview: Point person for Working Capital Management, Treasury Operations, FX Hedging and Capital Raising for a company in the Fuels and LPG Trading business.

Responsible for management of Phoenix resources at each step of working capital cycle

• Ensured efficient use of cash and lines which allowed the business to achieve a its highest monthly volume in 2021
• Active management of Phoenix's cash conversion cycle to ensure Asset-Liability Matching
• Assisted in securing Php 6B worth of supplier credit deals

Bank Lines Management

• Liaised with bank counterparties to ensure continued access to Php 26B of short-term credit lines (LC/TR/PN)
• Assisted in securing Php 16B of Term Loans
• Proposed FX hedging Strategies to cover up to $200M+ of monthly FX exposure (Spot and Forwards). Hedged positions netted approx. P15M in FX gains.

Treasury Operations Management

• Managed teams handling Phoenix’s core treasury functions: Trade Finance and FX Trading, Cash Flow Reporting, Cash Management Operations
• Ensured resilience of Treasury operations during the COVID19 Pandemic with Implementation of Online Banking system

Capital Raising

• Assisted the Phoenix Finance team in the successful listing of P7B PNX4 Preferred Shares
• Currently part of core team of Phoenix's Restructuring Program

Fund Management

• Achieved consistent real return for the company’s P150M retirement fund while keeping within duration and risk mandates

Role Overview: Treasury Professional for a Local Conglomerate with exposure in Power Generation, Education, Steel, Cement, Real Estate Development and Hotels

• Treasury Analyst (2013-2016)
• Treasury Officer (2016-Present)

Primary FX Expert for the PHINMA group

• Formulates and Manages Group FX Risk Exposure
• FX Hedging Strategy for roughly $70M worth of annual importations (LC and Non-LC)
• Investment Strategy for roughly $5M worth of FX assets
• Execution of FX trades
• Point person for all FX trades (Spot and Forward)
• Monitors the completion and submission of trade documents
• Maintenance of database for FX deals
• Ensures that bank requirements are met to keep lines FX lines open

Experience in Financial Markets and Fund Management

• Directly responsible for managing the group’s roughly Php 2B in long term funds
• Oversee a team of Treasury Analysts who invest the group’s funds
• Provides financial markets guidance to the Treasury team and PHINMA Senior Management
• Editor and contributor in the Treasury team’s biweekly financial markets newsletter
• Primary organizer of the PHINMA Group’s Annual Economic Briefing

Experience in Bank Financing and Loan Management

• Short Term Borrowings
• Ensured trust receipt costs were priced at a premium 1-1.5% over ref. rates
• Long Term Debt
• Raised 400M in term loans to finance business expansion

Driver of Treasury Innovation

• Driver of Innovation in Treasury Systems
• Implemented an online system to collect group-wide FX requests
• Treasury Professional for a Local Conglomerate with exposure in Power Generation, Education, Steel, Cement, Real Estate Development and Hotels

• Role Overview: Senior Data Analyst for a Big-Data Analytics firm

• Role Overview: Client Service Representative for the Treasury Services and Securities line-of-business of a large multinational bank