Summary

The incumbent will lead in a proactive and prudent fashion the QNB’s treasury function by managing the QNB’s cash flows, asset & liability profile, and foreign exchange exposures and generate supplementary income within the set strategy, risk appetite and approved products.

Experience Requirements:

• Reviews developed policies and procedures for treasury functions, recommends them to the approving entity, and oversees their implementation to ensure compliance with applicable regulations.

• Manages the development, implementation and evaluation of best practice work methods in areas of responsibility to achieve optimum level of performance efficiency.

• Ensures that the department heads are aware of policies and procedures and have adequate resources to meet the set targets

• Assumes responsibility for the QNB’s balance sheet management by focusing on asset-liability management, liquidity management, rate management and foreign exchange transactions.

• Oversees the overall compliance to all approved limits for the treasury functions including counterparty, country, currency, liquidity, dealer, foreign exchange and treasury investment/ funding limit.

• Participates in various committees including the ALCO committee and guide decision making on issues such as pricing policy, risk profile management, investments, reserves, international operations

• Oversees the overall compliance with treasury related statutory requirements as adopted by local regulator.

• Oversees the overall implementation of Central Bank and management directives applying to the Treasury function.

• Oversees the management of the QNB’s cash flows and ensure liquidity for normal banking activities by participating in appropriate market transactions with a view to minimizing cost of funds.

• Provide the overall guidance to the Treasury team on technical aspects of long term funding arrangements, on and off balance sheet assets & liabilities, development of counterparty bank relationships, use of market products and financial instruments.

Required Special Skills:

• Bachelors Degree in Business, Finance, Mathematics, or Economics.

• MBA, CFA, or related professional certification is preferable.

• 12+ years diverse Treasury experience, of which 4 years must have been in a leading role in a Treasury Division, preferably in the Gulf.

• Additional commercial banking experience, especially credit and market risk management would be of value.

• Excellent oral and written communication skills in English and Arabic (preferable).

• Proven leadership abilities, leading from the front and capable of influencing the organization at various levels.

• Excellent presentation skills.

• Good MS Office skills (Word, Excel, PowerPoint).

• Deep understanding of Capital Markets.

• Well developed strategic perspective and forward planning ability.