QNB3272 - Senior Associate Treasury Operations Middle Office (Qatarization)
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Business UnitQNB - Qatar
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DivisionOperations
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DepartmentOperations
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CountryQatar
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Closing Date24-Apr-2026
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.
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.
Note: you will be required to attach the following:
- Resume/CV
- Passport
- QID
- Education Certificate
- Birth Certificate