Key Accountabilities:
- Preparing and monitoring daily treasury functions and activities related to payments operations, collections, and reconciliation of the Company accounts.
- Participates in the development of department policies and procedures and manage implementation to ensure all relevant procedural/legislative requirements are fulfilled.
- Adheres to Treasury policies and procedures
- Review management of the day-to-day and strategic liquidity to ensure smooth operation of company and help company plan for strategic liquidity requirements.
- Develop strategies, business for the Money Market and FX Unit which are in line with the Treasury department Policies and guidelines and the company overall strategies and directions.
- Reviews the company liquidity and FX positions and margin in coordination with the Manager of Treasury.
- Follow up the market exchange rates with various companies make all necessary adjustment to company FX rates.
- Reviews the operational and financial results of the Unit and compares results against objectives and budgets.
- Reviews the foreign currency revenue and profit margin revenues with Units and Treasurer.
- Helps in determining overall liquidity strategy.
- Ensures that all outstanding deals are within the limits defined by the Treasury Division’s Policies and the Treasury net open position is within the pre-assigned limits.
- the risk related to the company’s financial activities.
- Ensures adequate controls are in place and operating effectively to mitigate the risks in treasury operations.
- Comply with any regulatory and internal risk requirements.
- Maintains counterparty relationships and introduce new to increase FX activity.
- Assists to keeps relationship with regulatory for better representation of company.
- Keeps updated with market development and share the information with sub-ordinates. Help team in improving their competencies.
QUALIFICATIONS
Bachelor’s or master’s degree in relevant major.
EXPERIENCE
- Assistant Manager/Team Leader 4-6 years in relevant fields
SKILLS
- Should be able to apply generally accepted standards and market ethics applicable to the banking industry in the Kingdom
- familiar with SAMA regulations and guidelines and other external agencies’ regulations, as applicable to the corporate activities of the Company.
- Good communication skills
- Good analytical background
- Ability to work with minimal supervision.
- Computer background
- Adequate level of Arabic and English interpersonal skills and communication skills both written and oral
