QNB1513 - Manager Treasury Operations

  • Business Unit
    QNB - Saudi Arabia
  • Division
    Operations
  • Department
    Operations
  • Country
    Saudi Arabia
  • Closing Date
    08-Jan-2017
About QNB

Established in 1964 as the country’s first Qatari-owned commercial bank, QNB Group has steadily grown to become the largest bank in the Middle East and Africa (MEA) region.

QNB Group’s presence through its subsidiaries and associate companies extends to more than 31 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is more than 28,000 serving up to 20 million customers operating through 1,000 locations, with an ATM network of 4,300 machines.

QNB has maintained its position as one of the highest rated regional banks from leading credit rating agencies including Standard & Poor’s (A), Moody’s (Aa3) and Fitch (A+). The Bank has also been the recipient of many awards from leading international specialised financial publications.

Based on the Group’s consistent strong financial performance and its expanding international presence, QNB currently ranks as the most valuable bank brand in the Middle East and Africa, according to Brand Finance Magazine.

QNB Group has an active community support program and sponsors various social, educational and sporting events.

Role 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.

Role Description

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.

 

Adhere to Bank policy handling all Treasury products.

Make sure all transactions have been correctly booked in the system.

 

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

 

Attend courses arranged by the bank to remain up to date with the new products for their processing and monitoring

Qualifications

 

Masters or Bachelor degree in Business Administration

Minimum 4-6 years’ experience in the banking industry with particular emphasis in treasury operations.

 

 

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.

Note: you will be required to attach the following:
  1. Resume/CV
  2. Passport Copy
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