Role Summary:
The incumbent will participate in the Subsidiary's Treasury Trading and ALM function. The incumbent will conduct inter-bank generated and related transactions for the Subsidiary both domestically and across the international network with regard to trading and monitoring of all positions in Money Markets, FX, Fixed Income and Derivatives & Structured Products, as well as all implemented hedges, as per instructions
Role Description:
Assist in the development and the implementation of annual business plans for the Trading Department with emphasis on achievement of set targets/ objectives, business growth and expansion in accordance to the Subsidiary's overall strategy. This will include the implementation of business plans of all international Treasury activity across the network, including liability raising and revenue targets.
Achieve comprehensive revenue contribution in excess of QAR 1 Billion for Treasury Trading Department. This figure will change as per the bank's overall growth target on a year by year basis.
Achieve Subsidiary balance sheet targets in line with annual business plans.
Assist in the formulation, implementation and evaluation of the Treasury strategic and business development plans and achievement of related short and long term business goals both locally and internationally.
The development, implementation and evaluation of best practice work methods in areas of responsibility to achieve optimum level of performance efficiency in the Trading Department.
Develop/ creates Key Performance Indicators (KPIs) created for the purpose of systematic performance monitoring and quality measurement purposes for the Trading Department and monitor their achievements.
Build and maintains strong and effective relationships with all other related units to achieve the Treasury Division goals/objectives.
Communicate to the department the need to provide timely and accurate information to the external and internal auditors, the Compliance function and Subsidiary Risk as and when required.
Establish and manage relationships with key internal and external stakeholders and managing key client interface.
Ensure fair distribution for all the Treasury Trading & ALM Department's business over a large number of financial institutions to provide reciprocity and obtain lines and raise the Bank's profile.
Be responsible for establishing and maintaining senior level relationships with key interbank counterparties relating to mutually beneficial Treasury business.
The department's compliance to policies and procedures for conducting buy/ sell deals, maintaining/ collating MIS pertaining to profitability/ revenue, and observe compliance with the applicable limits approved by the Board/ its delegated authorities and in accordance to regulatory requirements.
Implement the Subsidiary's Treasury Trading strategy effectively.
The overall management of Foreign Exchange, Money Markets, Fixed Income and Subsidiary International Treasury Desks by providing adequate guidance, motivating personnel and organizing the unit activities.
Monitor and control overall risk (liquidity, interest rate sensitivity, foreign exchange, and hedging) and be responsible for adherence for all limits.
Recommend limits (counterparties, products, country, mismatch, gap, overall risk etc…) as per the delegated authority.
Trading positions, and verify department's trading positions ensuring timely and objective revaluation of outstanding positions.
Review and channel suitable structured Treasury products through the new product approval process.
Coordinate with Dealer Treasury Sales with respect to the identification of new structured products for potential client distribution.
Manage the implementation of investment decisions taken by ALCO and advise both AL
| Date Posted: | 2016-06-24 |
| Job Location: | Riyadh, Saudi Arabia |
| Job Role: | Sales |
| Company Industry: | Banking |
| Career Level: | Mid Career |
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Role Summary:
The incumbent will participate in the Subsidiary's Treasury Trading and ALM function. The incumbent will conduct inter-bank generated and related transactions for the Subsidiary both domestically and across the international network with regard to trading and monitoring of all positions in Money Markets, FX, Fixed Income and Derivatives & Structured Products, as well as all implemented hedges, as per instructions
Role Description:
Assist in the development and the implementation of annual business plans for the Trading Department with emphasis on achievement of set targets/ objectives, business growth and expansion in accordance to the Subsidiary's overall strategy. This will include the implementation of business plans of all international Treasury activity across the network, including liability raising and revenue targets.
Achieve comprehensive revenue contribution in excess of QAR 1 Billion for Treasury Trading Department. This figure will change as per the bank's overall growth target on a year by year basis.
Achieve Subsidiary balance sheet targets in line with annual business plans.
Assist in the formulation, implementation and evaluation of the Treasury strategic and business development plans and achievement of related short and long term business goals both locally and internationally.
The development, implementation and evaluation of best practice work methods in areas of responsibility to achieve optimum level of performance efficiency in the Trading Department.
Develop/ creates Key Performance Indicators (KPIs) created for the purpose of systematic performance monitoring and quality measurement purposes for the Trading Department and monitor their achievements.
Build and maintains strong and effective relationships with all other related units to achieve the Treasury Division goals/objectives.
Communicate to the department the need to provide timely and accurate information to the external and internal auditors, the Compliance function and Subsidiary Risk as and when required.
Establish and manage relationships with key internal and external stakeholders and managing key client interface.
Ensure fair distribution for all the Treasury Trading & ALM Department's business over a large number of financial institutions to provide reciprocity and obtain lines and raise the Bank's profile.
Be responsible for establishing and maintaining senior level relationships with key interbank counterparties relating to mutually beneficial Treasury business.
The department's compliance to policies and procedures for conducting buy/ sell deals, maintaining/ collating MIS pertaining to profitability/ revenue, and observe compliance with the applicable limits approved by the Board/ its delegated authorities and in accordance to regulatory requirements.
Implement the Subsidiary's Treasury Trading strategy effectively.
The overall management of Foreign Exchange, Money Markets, Fixed Income and Subsidiary International Treasury Desks by providing adequate guidance, motivating personnel and organizing the unit activities.
Monitor and control overall risk (liquidity, interest rate sensitivity, foreign exchange, and hedging) and be responsible for adherence for all limits.
Recommend limits (counterparties, products, country, mismatch, gap, overall risk etc…) as per the delegated authority.
Trading positions, and verify department's trading positions ensuring timely and objective revaluation of outstanding positions.
Review and channel suitable structured Treasury products through the new product approval process.
Coordinate with Dealer Treasury Sales with respect to the identification of new structured products for potential client distribution.
Manage the implementation of investment decisions taken by ALCO and advise both AL
| Date Posted: | 2016-06-24 |
| Job Location: | Riyadh, Saudi Arabia |
| Job Role: | Sales |
| Company Industry: | Banking |
| Career Level: | Mid Career |
Apply Now - Jobs in Saudi Arabia - Sales Jobs in Saudi Arabia - Search All Jobs