Senior Officer - Derivatives, Capital Markets & Investments

Job description / Role

ROLE SUMMARY:
Processing and managing trade life cycle events pertaining to Fixed Income, Derivatives, Options, Capital Markets & exotic structured Treasury transactions. Settling trades though custodial systems and managing functions related to custody accounts including Corporate actions.

TASKS & RESPONSIBILITIES:

Deal processing:
- Processing and managing trade life cycle events for Derivatives and Exotic deals- IRS, TRS, CCY Swaps, Range accruals, FRA etc.
- Managing terminations and pre-closures.
- Novations.
- Processing Options, Commodities and Energy trades - FX options, Commodity options, Energy options etc.
- Processing and managing trade life cycle events of Fixed Income trades as per IAS 39 guidelines- FRNs, Bonds, Equity, Mutual Funds, CDO, CDS etc.
- Processing Capital market transactions and liaising with Paying Agents. EMTN, ECP, GMTN etc.
- Settling trades through Clearstream, Euroclear custodial systems and managing cash movements.
- Managing sundry custodial accounts.

Confirmations:
- Verifying confirmations as per ISDA guidelines.
- Liaise with MO & Legal on execution of confirmations and ensure the confirmations are sent on time. Preparing long form confirmations.
- Managing confirmation disputes coordinating with Middle Office and Legal.
- Chasing and managing pending confirmations.

Valuations:
- Liaise with Middle Office for passing MTM valuations.

Margin calls:
- Settling margin calls as per CSA agreements and reconciling margin accounts with Counterparts.
- Substitutions.

Corporate actions:
- Supervises / undertakes booking and processing of Corporate Actions on Securities and Derivative Trades.
- Reviews settlement of derivatives transactions and authorizes entries and SWIFT payments.

Finance / MIS:
- Prepare and review MIS and other relevant reports to Senior Management, Finance and external auditors.
- Generate/verify and reconcile Investment portfolio reports with Custody accounts, central bank returns and derivatives and security analysis reports.
- Liaise with Finance / IT for product creation & necessary system enhancements for new products and Monthly & quarterly report preparation for management, Finance & Central Bank.

Client / Internal relationships:
- Liaise with Clients & RMs on Derivative settlements/confirmations and forwarding valuations on request.

Requirements

- 5 years Treasury Back Office experience in processing Derivatives and Fixed income transactions.
- Knowledge in management accounting.
- Work experience in following systems will be a strong advantage: Murex / Flexcube / Clearstream / Euroclear / SWIFT / Bloomberg.
- Educated to the level of a university degree at least.

About the Company

ADCB is a full-service commercial bank offering a wide range of products and services such as retail banking, wealth management, private banking, corporate banking, commercial banking, cash management, investment banking, corporate finance, foreign exchange, interest rate and currency derivatives, Islamic products, project finance, and property management services.