Job Purpose Summary

Prepare the required reports to FCD, Business and Risk. Monitor trading position, P &L and Limits reporting. Ensure timely completion of Management.

Manage, train people and develop a teamwork environment. Back-up the Treasury Operation Control & Monitoring

Essential Duties & Responsibilities by Dimensions

A. Shareholder & Financial:

- Provide operational support to Treasury management of assets and liabilities.

- Implements KPI’s and best practices for Senior Associate, Treasury Operations Middle Office role.

- Manage tasks for analyzing 40,000 to 45,000 transactions a year

- Supervise all tasks of the treasury Operations unit.

- Act within the limits of the powers delegated to the incumbent.

- Promote cost consciousness and efficiency and enhance productivity, to minimize cost, avoid waste, and optimize benefits for the bank.

B. Customer (Internal & External):

- Provide assurance to Management and QCB that capital markets and investments positions are in accordance with QNB’s Investment Strategy and QCB limits.

- Provide timely and accurate information to the external and internal auditors when required.

- Build and maintain strong and effective relationship with all other related units to achieve Group’s goals.

- Maintain activities in accordance with Service Level Agreements (SLAs) with internal departments/units to achieve improvements in turn-around time.

C. Internal (Processes, Products, Regulatory):

- Creation of Counterparty/customer in OPICS system

- Creation of Security profile in OPICS

- Verify the RHIS for Rate Re-fixings for Treasury products.

- Reconcile the MTM/valuation and portfolio with counterparty as required by ISDRA protocols/EMIR and MRUD regulations.

- Calculate & validate the Initial Margin, Variation Margin and Margin calls for Repo agreements and under EMIR regulation for IRSs and MRUD regulations for un-cleared derivatives.

- Create the new customer/counterparties are created in OPICS as per policy procedure

- Create the new Security profiles created/amended in OPICS.

- Prepare the rate re-fixings done in OPICS for Treasury products i-e Swaps, Bonds, Loan/Deposits and Cap/Floors etc.

- Prepare confirmations for Treasury products i-e Swaps, Bonds, Loan/Deposits and Cap/Floors etc.

- Create the SSIs (CSPIs & CSRIs) and Settlement Accounts (SETA) added/amended in OPICS.

- Create the OPICS new/amendment in accounting mapping with Equation or BS.

- Prepare and validate the portfolio reconciliation with counterparty as required by ISDRA protocols/EMIR and MRUD regulations.

- Prepare and validate the calculations of the Initial Margin, Variation Margin and Margin calls for Repo agreements and under EMIR regulation for IRSs and MRUD regulations for un-cleared derivatives Follow up and update all QNB investments portfolio ( Financial reports, holding certificates, Dividends, and right issues)

- Monitor the new customer/counterparties are created in OPICS as per policy procedure

- Monitor the new Security profiles created/amended in OPICS.

- Monitor the rate re-fixings done in OPICS for Treasury products i-e Swaps, Bonds, Loan/Deposits and Cap/Floors etc.

- Monitor the SSIs (CSPIs & CSRIs) and Settlement Accounts (SETA) added/amended in OPICS.

- Repo agreements and under EMIR regulation for IRSs and MRUD regulations for un-cleared derivatives

D. Learning & Knowledge:

- Possess an understanding of Capital Markets, derivatives and Investments types for usage, accounting, balance sheet and off-balance sheet treatment, revaluation methods, liquidity and gapping.

- Possess an understanding of back office/ treasury systems for static set-up, processing routines, accounting rules, payment instruction, advises and reporting.

- Set up all department needs with the available system and enhance the existing.

- Awareness of all new market new regulatory (EMIR, MRUD, etc.)

Education and Experience Requirements

- Bachelor degree University Graduate/preferred with a Major in Marketing, Banking, Finance, Accounting, Economics, Business Administration or Information Technology (related field of study)

- At least 2 years of relevant experience, preferably within a highly rated international bank/ treasury/ investments documentation, derivatives operations, control or related field experience.