Grit – that’s what treasurers need to get ahead

AI has certainly changed how things are done – and that includes hiring. At the Treasury 360° Europe conference, four speakers took to the stage in the Treasury Career Corner session titled “Our journeys” to discuss what the ideal candidate looks like in a world where AI can do a lot of the work.

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“From a leadership perspective, we’re looking for people with strong data literacy,” says Winkie Choi, head of EMEA Treasury at Amazon. She clarifies, “You don’t have to be a data scientist”, but having enough fluency to know what questions to ask and to flag when the numbers don’t look right is important.

For Jean-Philippe De Waele, vice president and assistant treasurer at Johnson Controls, technological developments have not only changed who he hires, but how he hires. “I have no clue what a good data analyst is – I don’t have those skills,” he admits. “I have to partner with the IT folks to help me recruit the right talent, which is something I’ve never done before… I barely know the right questions to ask; I know the output I want, but not how to get there.”

AI may have infiltrated almost all aspects of operations, but De Waele is certain that it is far from taking over completely. “We always need to do more with less people. You need to get that productivity gain from somewhere, and that somewhere is AI,” he says. “Whether AI could replace analysts – I can’t see that yet.”

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AI can’t think – humans can

Choi predicts that with AI, treasury will evolve into a more advisory role – which will also change the requirements for treasurers looking to climb the career ladder. “Being a treasury analyst is a way to learn the piping, to know what it takes. From there, we need someone who is able to communicate effectively, at the level of communication that is needed to convince people.”

She continues, “It is about how you leverage the data and present it to make it to a decision point. And I do think that the skill set we’re looking for is going to be slightly different. It’s not about the knowledge you have. It’s about your learning agility – people who can learn, understand, absorb, and make judgement.”

Olivier Smekens, global head of Treasury at Breitling agrees. “Having a degree is the basic thing. For me, what I like when I go through CVs is people who have moved countries, people that had some challenges… that tells a lot about their personality, character, and perseverance. I like to select analysts based on the grit they have. Skills can be learnt as long as people are curious.”

Speakers:
Winkie Choi, Head of EMEA Treasury, Amazon
Jean-Philippe De Waele, Vice President and Assistant Treasurer, Johnson Controls
Katie Hardie, Executive Consultant, Global Treasury, The Treasury Recruitment Company
Olivier Smekens, Global Head of Treasury, Breitling

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