Senior Manager - Treasury & International Securities

Job description / Role

Objectives:
To lead the Treasury division of the Company by approving and implementing the processes for managing the cash flows in Money Market, International Securities and Foreign Exchange and interest rate risk hedging, in line with applicable regulations.

Main responsibilities:

STRATEGIC
- Develop strategy, annual business plans, budgets, policies and procedures of the treasury division, to support Company overall business strategy
- Design and develop new treasury products including new funds
- Contribute towards developing overall risk management strategy for the Company
- Develop a strategy for proprietary Internal Securities Portfolio.

OPERATIONAL
- Set performance objectives and regularly review performance for each department directly under his charge. Oversee implementation of procedures and controls
- Promote cross divisional/ functional collaboration and coordination to further the achievement of Company business objectives by creating and leveraging upon intra-organizational synergies
- Ensure maintenance of the highest standards of professional conduct, ethics and integrity in provision of the services in his division.

Treasury
- Gainfully employ surplus cash in foreign exchange or money market products by evaluating patterns for direction of exchange and interest rates
- Contribute towards raising short to medium term liquidity
- Monitor International Securities transactions and recommend measures, as appropriate, for overall improvement of international securities management and performance
- Raise money through various channels
- Identify differences in Forex quotes between geographical or financial markets for profitable arbitraging
- Maintain relationships with major financial institutions to seek participation in financial deals
- Maintain knowledge of and develop relationships with major fund surplus entities in the region
- Take appropriate measures to optimize the return on trading
- Establish risk protocols and procedures to manage risks

PEOPLE MANAGEMENT
- Define job roles, allocate work to subordinates, and approve staff training needs, bonuses/Incentives, leave and overtime to ensure the efficiency of the group
- Monitor performance of direct repartees and guide them in managing their performance by providing appropriate feedback.

Reporting to: Assistant General Manager - Treasury & International Securities

Other interactions:
Internal:
Department Head / Division Heads / Investment Committee / Risk Management and compliance Committee.

External:
Kuwait Stock Exchange / Central Bank of Kuwait / Capital Markets Authority / International Financial/Financial Institutions

Probation: 100 working days
Working Hours: Sunday to Thursday from 08:00 to 15:00

Requirements

- Masters degree in Finance (MBA, Finance)
- Other certifications obtained: CPA
- About 10 years of related experience in Treasury of which a minimum of 4 years should be in a similar position I responsibility.

Soft Skills and Personality traits:
- Visioning, strategy and planning
- Client orientation
- Decision making and risk management
- Professional development
- Team work and leadership
- Process excellence.

Gender Preference: Male
Nationality Preference: Any
Language Fluency: English & Arabic
Current Location: Kuwait

About the Company

One of the top investment company in Kuwait.