Job Purpose Summary:

The incumbent will perform treasury settlement activities in co-ordination with the Treasury Division and counterparts; review and authorize transactions within the delegated authority; prepare reports in a timely and accurate manner.

Essential Duties & Responsibilities by Dimensions:

A. Shareholder & Financial:

- Settlement of capital markets, foreign exchange, bonds and investments transactions.

- Implements KPI’s and best practices for Associate, Treasury Settlement role.

- Review and reconcile confirmations to ensure accuracy of transaction processing.

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

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

B. Customer (Internal & External):

- Process treasury transactions for the Treasury Division and QNB customers.

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

- To assist customers in all their queries on Bank’s product and seek solution to their requests.

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

- Build and maintain strong/effective relationships with related departments/units to achieve the Group’s objectives.

- Provide timely/accurate data to external/internal Auditors, Compliance, Financial Control and Risk when required.

C. Internal (Processes, Products, Regulatory):

- Review all deal tickets prior to settlement commencement.

- Perform payment advices, receipts, and confirmations to the bank.

- Receive confirmations (confirmation matching).

- Perform Nostro, Vostro & customer transfers.

- Perform reconciliation routines for deal ticket and associated media.

- Help in responding/ solving any customers or other Banks issues promptly and refer any unavoidable delays directly to higher authorities

D. Learning & Knowledge:

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

- Proactively identify areas for professional development of self and undertake development activities.

- Seek out opportunities to remain current with all developments in professional field.

Education/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)