Senior Officer, Treasury Middle Office (Finance) - Dubai
Job Description
Organization Unit PurposeTo provide support to the Head of TRY & ALM. The unit will be responsible for monitoring banks net open FX position reconciling the FX retail flow vs. Treasury trading systems. Profit and Loss reporting and trade price testing of various treasury products and asset classes.
Monitoring and maintaining market & static data use in TRY trading systems. Reporting client valuation for internaland external stakeholders and participate in system and product implementation projects.
Job Purpose
The job holder is to assist support the Head of Treasury Finance, the Middle Office Team and the Global Markets and Treasury Business. The role involves independent reconciliation of FX flow business towards Treasury trading systems. Substantiating and reporting profit and loss figures for treasury front office.
Maintenance of system integrity for static data and market data. Analyzingand reporting client derivative exposures and to be actively involved in UAT in Calypso system implementations.
Key Responsibilities
Ensure banks net open position is reconciled between core system, general ledger and Treasury trading systemsReconciling and monitoring that all branch flows are captured by trading systemMonitoring that sales FX flows are transferred correctly to trading desk for external coveringEnsure all treasury products are valued using approved market data and the quality of data is closely monitoredEnsure trading system static data is captured and configured according to agreed proceduresBe involved for treasury finance department in system implementation, compiling department requirements and actively be involved in user acceptance testingReview the market conformity reports and ensure escalation to appropriate level.Review of various front office desk profit and loss reportsProvide commentary for the P&L and substantiate P&L attribution to treasury front office
Required Experience
Qualified Chartered Accountant or MBA-Finance Banking and Financial services/Treasury Finance Should possess knowledge of Treasury products and transactions and have knowledge of relevant banking regulationsCommercial acumen, an enquiring mind and an understanding of the market and financial dynamics would be a distinct advantageKnowledge of treasury related systems and valuation tools, familiarity with independently sourced market data, ability to articulate complex concepts to colleagues and management.Knowledge and experience in calypso is desirable Good interpersonal skills to liaise with various departments such as IT, operations and Front Office