Senior Dealer International Treasury Senior Dealer International Treasury …

Westbourne Partners
in Doha, Dawhah, Qatar
Permanent, Full time
Last application, 30 Nov 21
QR Excellent
Westbourne Partners
in Doha, Dawhah, Qatar
Permanent, Full time
Last application, 30 Nov 21
QR Excellent
Posted by:
Abbas Mahmoud • Recruiter
Posted by:
Abbas Mahmoud
Recruiter
You will supervise all Money Market activities for the Group’s international operations in a cost-effective manner in accordance with the Group’s strategy, risk appetite, regulatory requirements, policies and procedures and the delegated authority.

Job Title: Senior Dealer International Treasury

Department: Money Markets – Trading – Treasury

Location: Qatar, Doha

About Us: We are one of the largest Banks in the MENA region

Position Overview:

You will supervise all Money Market activities for the Group’s international operations in a cost-effective manner in accordance with the Group’s strategy, risk appetite, regulatory requirements, policies and procedures and the delegated authority.

Primary Responsibilities:

  • Complies with approved budgets, policies and procedures in relation to Group International MM operations.
  • Assists in the implementation of annual business plans for the area of responsibility with emphasis on achievement of set targets/ objectives, business growth and expansion in the Group International MM Desk.
  • Implements and evaluates of best practice work methods in area of responsibility to achieve optimum level of performance efficiency.
  • Builds and maintains strong and effective relationships with all other related units to achieve the Group International MM Desk goals/objectives.
  • Provides timely and accurate information to the external and internal auditors, the Compliance function and Group Risk as and when required.
  • Assists in maintaining relationships with key international entities requiring money market services
  • Performs activities and monitor subordinates in compliance to the department’s policies and procedures for conducting buy/ sell deals in various currencies, maintaining/ collating MIS pertaining to profitability/ revenue, and observing compliance with the applicable limits approved by the Board/ its delegated authorities.
  • Monitors/ performs trading in various money market instruments such as deposits, loans, short-term securities, forward rate agreements and interest rate swaps in approved currencies and with approved counterparties on the behalf of the Group’s international operations.
  • Ensures compliance to set Money Markets limits for each international entity and recommends any changes to the Head of MM, when required.
  • Follows-up on the timely processing of Group International MM deals in coordination with Treasury Operations.
  • Provides pricing support for subsidiary departments and branches in foreign currency MM products.
  • Monitors gap positions for each subsidiary, and ensure positions are within QCB guidelines.
  • Supervises the production of daily rate sheets.
  • Assists the Head of MM in the provision of MM solutions to meet customers’ and the Group Internationals hedging requirements.
  • Manages the process of preparing daily rate sheets.
  • Monitors and analyse the international markets to be able to trade profitable positions and advise direct subordinate within the delegated authority.
  • Supports in the provision of accurate reporting of P&L figures of all MM activities and revalue outstanding positions to Head of Trading on daily, weekly and monthly basis.
  • Is involved in the structuring of MM products, as and when deemed necessary by the Head of Treasury Structured Products and Derivatives, in consultation with Head of Money Markets.
  • Monitors performance of direct reports and guide them in managing their performance by providing appropriate feedback.
  • Identifies related areas for professional development of self and all direct reports, and act to enhance professional development of self and others.
  • Ensures high standards of confidentiality to safeguard commercially sensitive information.
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