General Manager, Head of Settlement Support Department
- Andrew Millar
- Sep 26
- 2 min read
Updated: Oct 10
Woori Bank Cambodia
Job Description
Sector: Accounting & Audit, Finance, Banking, Fintech, Investment, Insurance & Professional Services
Overview
Boeung Keng Kang I, Phnom Penh
The General Manager, Head of Settlement Support Department, at Woori Bank Cambodia will oversee settlement operations and liquidity management across the bank.
This role involves developing and implementing financial strategies, ensuring compliance with regulatory requirements and supporting treasury functions.
The successful candidate will demonstrate strong leadership and technical expertise to enhance the bank’s operational efficiency.
Department/Function: Finance & Accounting (Budgeting, Auditing, Treasury, Tax, Payroll)
Key Duties & Responsibilities
Assist the Chief Financial Officer in preparing financial projections, annual budgets, reviews and revisions.
Monitor liquidity, funding, foreign exchange and compliance with treasury policies.
Oversee cash operations, settlement processes and bank cash balances to ensure effectiveness.
Review and update manuals, policies and procedures for settlement support management.
Manage nostro accounts, check clearing, remittances, reconciliations and cash transportation.
Build relationships with regulators, financial institutions and partners for funding opportunities.
Support finance division staff development through training and orientation programmes.
Qualifications, Skills & Experience
Bachelor’s or master’s degree in finance or accounting.
Minimum of 5 years' experience in treasury, settlement or related fields.
Proven track record in bank operations, risk management and cash operations.
Strong understanding of liquidity management, funding structures and financial compliance.
Ability to communicate effectively in Khmer and English.
Proficient in Microsoft Office and banking software.
Skilled in relationship building with regulators, partners and stakeholders.
About Woori Bank Cambodia
Woori Bank Cambodia is part of Woori Bank, a leading financial group from South Korea that has operated since 1899.
The bank officially launched in Cambodia in 2022 following the conversion of WB Finance into a full commercial bank, and now employs around 3,800 staff nationwide.
Employees benefit from international standards, career development opportunities and a strong connection to one of Asia’s largest financial institutions.
Salary Benchmark
(compensation projections based on local market criteria)
USD $3,000 to $4,500 per month, depending on experience*
*For guidance only. Contact the hiring organisation directly for detailed salary information.
Regional Comparison
Cambodia: $3,000 – $4,500
Premium reflects foreign-bank ownership, seniority of liquidity and settlements oversight, and bilingual leadership demand.
Laos: $2,400 – $3,600
A smaller banking sector and limited competition moderate compensation despite similar functional scope.
Myanmar: $2,600 – $4,000
Macroeconomic uncertainty tempers pay levels, though multinational institutions sustain competitive offers for key roles.
Thailand: $4,500 – $6,500
Deeper capital markets and a mature payments ecosystem lift packages for treasury and settlement heads.
Vietnam: $3,800 – $5,800
Rapid financial sector growth and active FX and payments activity support strong bands for senior banking leaders.
Post Expiry: 31st October 2025