Terry Lok Email & Phone Number

Chicago, Il, Us

Greater Chicago Area

Engaged as an in-house treasury consultant, I specialize in optimizing treasury management systems while delivering exceptional value to clients

Greater Chicago Area

Summary: Drive a high treasury system adoption rate which ensures end users leverage the system to its full potential. The ultimate goal is to make end user’s life easier and empower them for a more strategic role. • Planned, designed and consulted clients on treasury best practices related to digital transformations in treasury/finance operations.• Subject matter expert in the following areas: Cash Management, In-house Banking, Pooling, Reconciliation, Forecasting, Payments, Accounting, Bank Fees analysis, Bank Account Management, Business Intelligence Tool/Reporting and Financial Instruments – Investments, Debt, Credit facility, Letter of Credits, Intercompany loans/netting, FX. • Assessed client business requirements and provided optimized end-to-end treasury solutions resulting in increased client satisfaction, adoption, and retention.• In-house treasury advisor for the product team to drive product development. • Provided TMS demonstrations to new/existing clients which increased annual recurring revenue YTD.• Won “Eddie Aikau Award” - Named after a legendary surfer and lifeguard Eddie Aikau; known for saving hundreds of lives and making the ultimate sacrifice in selfless effort to save others.

Greater Chicago Area

Summary: Onboard new client for the entire implementation life cycle. Responsible for leading the project and executing the vision of the project resulted with more automations, system adoption, and quick access to information for business decisions. • Leading a team in GTreasury SaaS solution by providing best practices in treasury through automation, process improvement, and a full range of Treasury Management Systems (TMS).• Project management, on-site discovery, design documentation, implementation, and UAT with the highest standards of deliverables while within budget. • Subject Matter Expert (SME) in cash management, accounting, payments, financial instruments, bank fee analysis, and Business Intelligence (BI) reporting.• Managed top tier projects and further expanded relationships with clients facilitating up-selling opportunities. • Designed interfaces with ERP systems for data integration including: SAP, Oracle, NetSuite, PeopleSoft, Workday, 360T, FXall, Bloomberg, API interface.• Gathered client requirements followed by analyzing and providing recommendations. Convey complex ideas into clear messages for technical, non-technical, analyst, and executive audiences. • Developed internal process improvements including standardizing implementation, automation, and product enhancements which resulted in a 21% reduction on implementation timeline.• Highly experienced with global treasury file formats for balance reporting (BAI2, CAMT 52/53, SWIFT - MT940/942), payments (ISO 20022, EDI820, MT103), and bank fee analysis (EDI822).• Recognized by the Executive Management Team for superior client satisfaction and won “GTreasury Superhero 2019” award, voted by clients.

Greater Chicago Area

Greater Chicago Area

• Implemented Kyriba treasury management system.• Cash management- including daily cash position and managing working capital.• Responsible for global cash reporting and FX exposure for over 40 countries. FX settlements with global banks which include spot, forward, and cross currency swaps for multibillion dollar hedging programs.• Supported hedge accounting in relation to all FX settlements.• Initiated/approved wires for capital investment, debt issuance, cash positioning, dividend, intercompany, FX net settlements, and other high-risk wires for the world headquarters.• Supported SOX testing and process controls for the treasury and corporate finance department.• Special projects included global cash repatriation from business units worldwide and supported regional treasury operations.

Greater Chicago Area

• Responsible for global treasury reporting for CEO/CFO, daily cash position, and cash accounting in Oracle.• Managed relationships with several merchant processors for over 400 locations such as FirstData – Bank of America, Moneris, AMEX, PayPal, and other eCommerce payment gateways in North America.• Led EMV Chip Card migration project for 400+ retail locations.• Reviewed corporate merchant policy, end user instructions for fraudulent prevention, and worked with the IT team to ensure Payment Card Industry (PCI) compliance. • Managed various treasury improvement projects including identifying and reducing fraudulent credit card transactions with new merchant policy resulting in $1M savings per year. • Analyzed all bank fees/merchant processing fees and inquired about unusual charges and recommended cost-saving strategies with savings of $250K in 2015. • Created custom Excel interfaces for bank account reporting resulting in a 25% productivity increase.• Initiated/approved wires, ACH, and FX settlements using FXall for confirmation.• Administration and maintenance for over 800 users on various online banking portals.

Greater Chicago Area

Process check remittance from lockbox and apply to customer's account, Inter-company payment transfers, maintain client relationship and resolve customer's payment issue, provide support to treasury department.

Chicago, Illinois, United States