IDB2476 - Treasury Operations Specialist

Handle the treasury back office functions including the management of liquidity / cash flow positions, processing and settlement of deals and performing system maintenance and updates while ensuring accuracy and timely execution

Management of Liquidity and Cash Position

• Monitor and review the bank account positions/statements and check the funds availability.
• Prepare maturity profiles by arranging all outstanding investments and borrowing positions.
• Review the weekly maturity reports to issue the notice to receive messages MT210 messages
• Arrange needed replenishments to maintain the required balances in call accounts to cover outstanding payment obligations.

Deal Processing and Settlements

• Review and process deal tickets for the Treasury Department’s transactions, including money market, sukuk, forex, and swaps, and ensure accuracy of all execution details
• Ensure sufficient balances for any required transactions
• Produce daily placement positions, reverse murabaha positions, and cash balances positions
• Perform all settlements of deals with counterparties
• Reconcile all daily trading activity ensuring the proper and timely settlement of all trades.
• Participate in the system development and enhancement for Treasury Operations activities.
• Liaise with correspondent banks and custodians to ensure proper and smooth execution.
• Ensure that all transactions are released on time and cleared from SWIFT and AML Compliance systems.
• Follow up with counterparties to send their confirmations on time and in compliance with agreements and commitment signed.
• Ensure that proper end of day checks and controls are met.
• Process all service invoices related to treasury systems and execution of transactions in compliance with internal process.
• Ensure and follow up that all Treasury operation systems and printers are working properly.

Policies and Procedures

• Adhere to policies and procedures that direct the management of cash processes that are in line with corporate policies, accounting best practices, statutory requirements and meet changing business requirements
• Review policies and processes for the company related to processing payments, cash in/out flows and suggest recommendations for improvement
• Review accuracy of all account details, ensuring full compliance with all bank polices and regulations

Reporting and Communications

• Prepare the daily exposure limits for placements reports
• Reconcile any difference between bank account statements
• Generate reports on all deal processing and settlement activities as required
• Prepare various reporting on liquidity portfolios under Treasury’s management

Academic Qualifications:

• Bachelors degree in Accounting, Finance, Business Administration or related field is required.
• Certification in CTP, CerT,, CTM, any treasury relevant certificate is preferred.

Minimum number of years and nature of experience:

• 5-7 years experience in finance, accounting, liquidity and cash management, 1 in payments processing.
• Knowledge in treasury back office operations, settlements, swift system, financial markets, industry norms and procedures, Islamic banking structures and tools including money market instruments, sukuk, and swaps and /or other related fields.

• Adaptability
• Building Relationships
• Client Centricity and Responsiveness
• Motivation to Learn and Share
• Passion for Excellence
• Analytical Thinking
• Communication Effectiveness
• Drive for Results
• Knowledge, Learning and Communication
• Problem Solving
• Stakeholder Management / Client Orientation
• Strategic Planning
• Teamwork
• Bank Knowledge
• Accounting
• Financial Management
• Financial Reporting
• Islamic Finance
• Treasury System Knowledge
• Billing, Invoicing and Claims
• Monitoring and Reporting
• Policies and Procedures