Role Objective
The Treasury Settlements Officer will assist in efficient processing of Treasury & Investments Settlement transactions in accordance with bank and regulatory guidelines. The incumbent will act as the focal point of contact for internal and external audits and financial institutions reporting in relation with treasury & investment deals and related activities and support the Treasury back-office operations by maintaining foreign currency position details in a daily manner.
Responsibilities & Roles
Perform all operational activities as assigned by the Senior Treasury Settlements Officer or Section Head – Treasury & Investment Operations, in compliance with local regulations, Doha Bank’s policies and approved T&I Operations policies and procedures. Prepare foreign currency position of Doha Bank on a daily basis, facilitating to identify and establish funding requirements. Verify and approve the Foreign exchange, Money market and Margin trading deal slips received from the dealers, in relation with the Reuter conversation. Liaise with the external and internal auditors and the Compliance function to provide timely and accurate information, as and when required, and as directed by the Senior Treasury Settlements Officer or Section Head – Treasury & Investment Operations. Generate and reconcile weekly reports in relation to various types of holdings assigned to respective Broker’s accounts. Generate and reconcile reports in relation to Doha Securities Market (DSM) accounts in a timely manner, or as directed by the reporting officers. Contribute to process improvement/ quality/system enhancement initiatives with respect to Treasury & Investment Operations service delivery. Ensure that the necessary approvals are provided to the IT representatives for concluding Treasury & Investment Operations activities within the system for the respective months. Prepare up-to-date periodic/ ad-hoc reports to the QCB, in relation to investment portfolio of Doha Bank. Provide detailed periodic/ ad-hoc analysis/reports pertaining to the Treasury & Investment operations function, to the leadership and business/support functions, as directed by the Section Head – Treasury & Investment Operations Liaise with the respective representatives of corresponding Foreign Banks and internal stakeholders to settle disputes on account of non-receipt of deal confirmations. Maintain highest standards of confidentiality, professional conduct, ethics and integrity in the provision of services in the section. Follow the audit, compliance and procedural control measures set by the management.
Required Qualifications & Experiences
University graduate with a degree in Business or Banking or Finance or any other related discipline.05-08 years of total experience in financial services/banking industry, entailing responsibilities pertaining to the specific area of discipline. Experience in treasury and investment settlements operations.
Core Skills
Knowledge and understanding of all aspects of settlements within Qatar and worldwide Strong technical knowledge of settlement processes and payment systems Knowledge of monitoring and processing all cash flows in the treasury systems Understanding of operational risk Accounting knowledge Proficiency in MS Office suite Logical and analytical skills Proficiency in English language. Proficiency in Arabic language will be an advantage. Time management Proficiency in data entry Business writing skills