Treasury Operations Manager

Website Mashreq Bank

Job Description:

Managing Operational activities of derivative unit within treasury opeations, which includes trade validation / settlement of derivative transactions, F&O (Futures / Options) & OTC clearing and Margin trading, along with related control and reporting activities.

Job Responsibilities:

  • Co-ordinate derivative ops requirements for treasury system projects and system upgrades.
  • Focus on identifying areas for digitization and opportunities for automation.
  • Maintaining a good relationship with all relevant stakeholders including Treasury front office, Finance team, Technology, Accounts Department, risk teams and other business teams.
  • Ensure VAT is collected and reporting on applicable products and services.
  • Team management skills to ensure team is motivated, trained and has the required skillsets to process the complex products in the unit.
  • Margin trading operational requirements around customer account setup, transfer of funds for trading and reconciliation to be performed as required.
  • Reconciliation of all product related balances.
  • Collateral management: Monitoring of customer mark to market exposure against underlying document threshold and ensuring required collateral is settled.
  • Preparation of various reports to different stakeholders including market risk, finance, treasury division..etc
  • Facilitate team to manage account setup, funding, segregation of Margin based on which leverage is provided as per documentation for Margin Trading.
  • Monitoring of limits on Margin trading and reporting to front office for resolution.
  • Monitoring of Proprietary trading limits and reporting any breaches to management, Treasury and Market Risk.
  • Manage team’s organization of activities including back up requirements, considering it’s a small unit.
  • New regulatory requirements related to derivatives to be adhered to.
  • All product related reconciliations to be followed by team, to ensure balances between system and Gls are aligned.
  • Expertise in the products related to all core derivative instruments and on the various asset classes like equity, fx, interest rate, commodity..etc
  • Ensure all required derivative documentation are in place and facilitate execution wherever required.
  • Understanding of all derivative product complexities from an operational perspective.
  • Ensure all operational risks related to the process are covered and documented as part of the units Risk register and required RCSA done periodically.
  • Adherence to Islamic product workflow and documentation.
  • Oversee that F&O (Futures & Options) and OTC clearing activities are performed as per the required operational procedures.

Job Requirements:

  • Experience of 8 – 10 years in a reputed bank in similar position.
  • Prior experience of working on a treasury system.
  • Certification in the financial markets is an added advantage.
  • People management skills to manage a team of 4 to 5 team members.
  • Graduate from a reputed University.
  • Expert in all the primary OTC & Exchange derivative products and the underlying operational risks in these products / processes.

Job Details:


Company: Mashreq Bank

Vacancy Type: Full Time

Job Location: Dubai, UAE

Application Deadline: N/A

To apply for this job please visit www.linkedin.com.


 Report Job
Back to top button