Manager Treasury Operations

Job description / Role

Our exclusive and esteemed client who has steadily grown to be the biggest bank and leading financial institution in the Middle East and North Africa Region with a market share around 45% of banking sector assets is looking to hire a manager trade finance operations.

Job Purpose Summary:

The incumbent is primarily responsible for overseeing the analysis of all reports of previous day transactions; ensuring FX position and limits were within set approved limits. All reports are correctly produced to prepare Daily Management Reports. The incumbent will also be required to review the comparative numbers in a report from the Officer Treasury Operations.

Essential Duties & Responsibilities by Dimensions:

Shareholder & Financial:

- Manage the units’ budget, controlling costs and achieving targeted levels of processing volumes.
- Create and submit of all Profit and Loss Reports verifying the correctness of the respective accounts so that P&L Report reflects the correct picture.
- Create Key Performance Indicators (KPIs) for performance monitoring and quality measurement of the area of responsibility.
- Management of Performance of Market, Interest Incomes/dividends.

Customer (Internal & External):
- Adhere to Bank policy handling all Treasury products.
- Make sure all transactions have been correctly booked in the system.

Internal (Processes, Products, Regulatory):
- Manage/Monitor Custody accounts periodically and compare/reconcile with the book to ensure Bank’s exposure is in line with bank policy.
- Undertake budgetary accountability in order to maintain pre-agreed costs.
- Oversee the updates of the Market Price in the system for Fair Value exposure of the bank as per Central Bank Policy
- Respond to Financial Control queries with regards to variances and P/L and Accruals
- Provide necessary information to External and Internal Auditors.
- Physical verification of the deals with Custodian and Bank’s GL.
- Prepare Periodical Reports for the management and Central Bank as per Bank’s policy.

Learning & Knowledge:

- Stay abreast of market movement, changes and process from Regulators and Central Bank authorities.
- Attend courses arranged by the bank to remain up to date with the new products for their processing and monitoring
- Manage, motivate and coach staff, including nominating staff for internal and external training programs to maximize department staff contribution

Other :
- Maintain high standards of data protection and confidentiality to safeguard commercially sensitive information.
- All other ad hoc duties and/or activities related to bank that management may request of the employee from time to time

Requirements

Education/Experience Requirements:
- Masters or Bachelor degree in Business Administration
- Minimum 4-6 years’ experience in the banking industry with particular emphasis in treasury operations.

Required Special Skills:
- Excellent oral and written communication skills in English and Arabic (preferred).
- Strong knowledge of the local/ Gulf environment.
- Strong organizational skills.
- Computer proficient (MS Office and bank applications)
- Present a professional image and have sound judgment and patience.
- Well-developed strategic perspective and forward planning ability.
- Ability to lead and work in teams from various cultural backgrounds.
- Analytical and problem solving skills coupled with decision making ability.
- Understands the relevant laws, regulations and practices pertaining to treasury operations.

Operating Environment/ Location:
- The position will be located in the banks Country and will require liaising with branches, support functions and counterparts.

Framework and Boundaries:
- Group’s overall strategic plan.
- Applicable policies and procedures.
- Relevant regulatory pronouncements of applicable local and international regulators and related best practices.
- Delegated and re-delegated authorities as per the delegation of authority structure.

Communications and Working Relationships:
- Regular meetings with Head of Centralised Operations to be appraised of their concerns with respect to the critical support functions so as to be able to resolve the same.
- Liaise regularly with the heads of departments.
- Liaise with applicable regulators and other stakeholders, including the Central Bank, Market Regulators, Corporate Customers, Correspondent Banks and Financial Institutions, either through the relevant media or at specially convened forums.

Supervisory Responsibilities:

- Solid Line reporting of Officer Treasury Operations

About the Company

Building businesses, changing lives

At Tandem, we’ve built a vast network of top-tier professionals across the globe. We empower businesses to thrive by delivering unmatched talent solutions. With our global reach, collaborative approach, and unwavering commitment to excellence, we drive transformative growth and shape exceptional teams.

Who we are.

We are a team of industry experts, driven by a passion for innovation and excellence. We are dedicated to providing unique talent solutions and nurturing collaborative partnerships that redefine success.