Overview
Officer, Treasury Operations Jobs in Dubai, Dubai, United Arab Emirates at RAKBANK
Title: Officer, Treasury Operations
Company: RAKBANK
Location: Dubai, Dubai, United Arab Emirates
Job Overview
Checking and Authorization of Treasury transactions, Account reconciliation follow-ups and preparing MIS/reports for management and Regulatory Authorities.
Job Description
What you will be doing
Authorize FX, MM, Derivatives, and Investment deals, including cover, swaps, and options.
Ensure timely settlement of transactions with counterparties, securing good value/compensation in cases of settlement failures.
Authorize payments on the CB settlement system.
Verify foreign exchange rates for customers and inter-branch transactions, ensuring accurate daily downloads into the Bank’s systems.
Monitor Bank limits within the system and ensure compliance with operational controls.
Continuously improve operational efficiency while maintaining stringent compliance with Money Laundering and Central Bank regulations.
Report settlement limit exceptions and perform GL reconciliations.
Prevent operational losses by following established controls and guidelines.
Meet deadlines and service standards as per Service Level Agreements (SLAs).
Provide timely Management Information System (MIS) reports upon request.
Liaise with treasury for exchange rates as needed.
Assist in testing system enhancements and maintain custody responsibilities for documents at Customer Fulfillment.
What you should have
Thorough knowledge of Treasury products and related accounting entries.
Ability to prepare Management Reports for treasury and treasury back office
Good understanding of accounts and banking operations.
Good standard of oral and written communication
Good computer skills on word and excel.
Qualifications
What we are looking for
University degree or equivalent qualification
Minimum 3 years’ experience in treasury operations, including at least 1 year as supervisor in treasury back office
