Maker Treasury Ops

Job Purpose

The incumbent is responsible for:

1. To control and monitor Nostro accounts and to ensure proper accounting of treasury transactions and prepare MIS on Treasury Operations results.
2. Handle the Mashreq Securities related activities as per laid down procedures and ensure that there is no operational loss.
3. Timely submission of MIS to the stakeholders.

Key result Areas

• To effectively manage day to day planning, operations and problem solving to ensure high quality service delivery as per agreed SLAs/TATs and SOP/ local rules.

• Ensure preparation of comprehensive functional and procedural requirements of business groups for implementation of the new products/initiatives on treasury systems and its interfaces with various processes and systems.

• Should have in-depth knowledge on Financial Market and Capital Market products, local settlement process and regulatory guidelines related to treasury.

• Should be able to assist business and work towards best practices with zero compromise on controls and regulatory guidelines.

• Monitoring and ensuring that all FX, Money Market, and other Capital Market products are within the approved limits.

• Ensure there is a robust settlement process with a digital flow and with minimal manual intervention.

• Facilitate documentation of all processes, operational risks and detailed process flows.

• Ensure accounting standards are followed, with complete knowledge of accounting different events related to all the products dealt by Treasury and Capital Markets (including FX, MM, Derivatives, Equities and Fixed Income securities)

• Should be familiar with local settlement process for all these products including settlement of government securities (T-Bills, Fixed Rate/Floating Rate Investment bonds and Sukuks)

• Document and oversee process flow for validation, confirmation, settlement, accounting, reconciliation, and reporting related to treasury transactions.

• Ensure system implementation to cover all end-to-end flows and events of the products involved. All life cycle events of these products to be facilitated in the system.

• Ensure treasury and organizational policies are always adhered to.

• Work closely with all relevant stakeholders including but not limited to Treasury Front office, Market Risk, Finance, Accounting unit and Technology.

Knowledge, Skills and Experience

• Graduate in Finance / Accounting or related field with understanding of Treasury functions.

• A minimum of relevant 2-4 years' experience of Treasury Operations and related functions.

• Knowledge of financial market products, settlement methods, treasury documentation, related limits, and treasury accounting.

• Ability to thrive in a fast-paced, high-growth environment and adapt to changing work environments with the ability to prioritize tasks and initiatives.

• Experience with financial modeling and cash forecasting.

• Interpersonal skills with excellent team management, decision making and communication skills.

• Comfortable with using Data to manage and optimize Operations.