Assistant Manager, Debt Management

DRIVING CONNECTIVITY

Chart your Course with PIL

With over 55 years of leadership in the global shipping industry, Pacific International Lines (PIL) is looking for proactive individuals to drive innovation and sustainable shipping solutions. If you’re fueled by pioneering ideas, enjoy challenging the status quo, and are determined to make a significant impact, PIL wants you as a part of our dynamic community of maritime professionals.

At PIL, we provide local experiences with a global reach. With our headquarters in Singapore, and services offered at over 500 locations in 90 countries, you will have ample opportunities to work with colleagues from different cultures and communities.

Get On Board for a Dynamic and Purposeful Career.

This role supports the team in the execution of strategic treasury initiatives, managing treasury operations aspects of the organisation's debt portfolio. You will be responsible to monitor debt covenant compliance, developing, updating and maintaining treasury policies and procedures, coordinating asset buyback transactions with external counsel and financiers. You will contribute to long-term treasury planning and funding strategies, drive operational efficiency through process automation and ensuring adherence to geovernance standards and internal control requirements. 

Key Responsibilities

Debt and Cost of Debt Management:

• Review and monitor organization’s debt portfolio, ensuring alignment with funding strategy, financial governance, and compliance requirements. This includes reviewing financial covenants for external debt prepared by shared services, identifying potential compliance risks, supporting drawdown and refinancing decisions.
• Support execution of new financing documentations or any other documentation required for the execution of the loans. It also involves maintaining relationships with external stakeholders such as financing banks, leasing companies, debt arrangers, brokers and legal advisors to stay informed on market developments and emerging financing solutions.
• Maintain and update of bank signatories for debt facilities. Prepare and execute drawdown notice and compliance certification.

Interest Rate Risk Management: 

• Support the management of interest rate risk such as updating the hedging documentation, policies and calculations of the hypothetical derivatives.
• Engaging with external financiers and market experts to stay informed on interest rate movements and emerging instruments.
• Ensuring the organisation’s funding strategy remains agile and cost-effective.

Management of Asset Valuation: 

• Support in the Annual Review of the market valuation of all vessels and containers.

Asset Buyback or Disposal: 

• Execute the closing of the asset buyback/disposal with coordinating with Chartering team Fleet team and EMD team as well as external counsel and financiers.
• This includes re-flagging of ships to Singapore flags and management of timing to release/receive payments for such buybacks and satisfaction of ACRA charges. 

Intercompany Bareboat Charter: 

• Support in preparing intercompany bareboat charter proposal and charter agreement for execution.
• Ensuring alignment with commercial objectives, tax considerations, and internal governance standards. 

Bankers Guarantee Management:

• Review all BG requirements of all PIL Group companies and establishment of BG facilities to the local entities.
• Coordinating issuance and renewals, and ensuring compliance all of BGs. Ensuring BG process flow setup correctly in banking portal.

Management of Audit Confirmation on all debt facilities: 

• Review and coordinate with shared services to ensure audit confirmations for all debt facilities are submitted timely and accurate responses to external auditors.
• Close coordination with Reporting team and external stakeholders to address queries and support audit walkthroughs. 

Data Analysis: 

• Maintain dashboards and reports to provide visibility of the debt maturity profiles and covenant compliance.
• Ensuring data accuracy, consistency, and alignment with internal reporting standards that support strategic treasury decisions, scenario planning.

Process Improvement:

• Drives continuous improvement in debt management processes by executing streamline workflows and reduce manual intervention.
• Implement automation tools and digital solutions to improve data accuracy, operational efficiency, and decision-making capabilities across debt management function.

Ad hoc: 

• AI implementation, Internal memo to CEO / CFO writing.
• Provides strategic support for treasury-related initiatives and cross-functional projects as required.
• Support/ Review of shared service's work and provide guidance when required. 

MUST HAVE:

• Bachelor’s degree in Finance, Accounting, Economics or related field. A Master’s degree or a professional certification (e.g. CTP, CFA, CPA or CA) would be an advantage.
• Minimum 4-6 years of experience in Treasury, Finance operations, or banking with a track record for success. 
• Experience in a shipping liner company will be a strong advantage

Hard Skills:

• Proficient in Excel (pivot tables, formulas, basic VBA), Power BI, or other data tools.
• Familiarity with debt instruments, credit facilities, interest rate risk management and treasury operations.
• Experience with AI innovation is a plus

Why Join Us:

• Be part of a leading global carrier with a strong focus on sustainability and innovation.
• Work in a dynamic and collaborative environment.
• Opportunities for professional growth and development.

Application Process:

To apply for this exciting opportunity, please submit your resume outlining your qualifications and experience to PIL Career Website.

About Us

Incorporated in 1967, Pacific International Lines (PIL) is ranked 12th among the world’s top container shipping lines and is also the largest home-grown carrier in Southeast Asia. Based in Singapore, PIL is a global carrier with a focus on Asia, China, Africa, the Middle East, Latin America, Oceania, and the Pacific Islands.

Together with its affiliated companies Mariana Express Lines (MELL) and Malaysia Shipping Corporation, PIL serves customers at over 500 locations in more than 90 countries worldwide with a fleet of 100 container and multi-purpose vessels.

Apart from the core liner shipping business, PIL also has several other business units such as container manufacturing, depot, and logistics services.

PIL strives to meet the needs of its customers by providing value-adding services such as intermodal, breakbulk, and reefer services delivered on innovative technological platforms. With its focus on “Driving Connectivity” and commitment to achieving Net Zero by 2050, PIL aims to be an efficient, sustainable, and future-ready shipping line.

For more information, visit www.pilship.com

Pacific International Lines (PIL) is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.