Assistant Manager Treasury Settlement
1 day ago
**Business Unit**
- QNB - Qatar**Division**
- Operations**Department**
- Operations**Country**
- Qatar**Closing Date**
- 24-Apr-2026
**About QNB**:
Established in 1964 as the country’s first Qatari-owned commercial bank, QNB Group has steadily grown to become the largest bank in the Middle East and Africa (MEA) region.
QNB Group’s presence through its subsidiaries and associate companies extends to more than 31 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is more than 28,000 serving up to 20 million customers operating through 1,000 locations, with an ATM network of 4,300 machines.
QNB has maintained its position as one of the highest rated regional banks from leading credit rating agencies including Standard & Poor’s (A), Moody’s (Aa3) and Fitch (A+). The Bank has also been the recipient of many awards from leading international specialised financial publications.
Based on the Group’s consistent strong financial performance and its expanding international presence, QNB currently ranks as the most valuable bank brand in the Middle East and Africa, according to Brand Finance Magazine.
QNB Group has an active community support program and sponsors various social, educational and sporting events.
**Job Purpose Summary**:
The incumbent will be responsible to ensure accuracy of transactions flow from the dealing room to production systems and ensuring accuracy of transaction processing and accounting balances and swift release. The incumbent will supervise the work flow of deals including transactions for QNB London and Paris. In addition, the incumbent will ensure that all transactions are processed correctly and verified, accounting entries are balanced and all swift messages are released and to ensure that all Nostro transfers are processed timely
**Essential Duties & Responsibilities by Dimensions**:
**A. Shareholder & Financial**:
- Assist the Head of Treasury Settlement in the creation of Key Performance Indicators (KPIs), for performance monitoring and quality measurement purposes, pertaining to the Treasury Products and monitor their achievements on periodic basis.
- Implements KPI’s and best practices for Assistant Manager Treasury Settlement role.
- To meet department deadlines in connection with the processing of transactions.
- To work as part of a team in covering all daily, weekly and periodical task so as to guaranty the efficiency of Treasury Operations area.
- Act within the limits of the powers delegated to the incumbent.
- Promote cost consciousness and efficiency and enhance productivity, to minimise cost, avoid waste, and optimise benefits for the bank.
**B. Customer (Internal & External)**:
- Ensure the provision of adequate and efficient cash management services to internal customers (viz. QNB domestic
International branches) and thereby help them serve external customers in a more efficient manner, resulting in
increased external customer satisfaction levels.
- Develop Service Level Agreements (SLAs) with internal departments/ units to achieve improvements in turn around time (TAT).
- Build and maintain strong and effective relationships with all the other related departments to achieve the Group’s goals/ objectives.
- Check and follow-up transactions with our DSM front office.
- Check reconciliation accounts linked to QNB London and Paris transactions and other International Branches.
- To verify / Authorize accurately, spot, forward, swap, and split value date foreign exchange deals, money market placements and deposits, interest rate swaps, foreign exchange options, capital market and cap / floor transactions for local and international in addition to swift.
- Supervise the matching of Swift payments, receipts and confirmation advices.
- Supervise the performing proof functions and verifications of Treasury ledger accounts.
- To supervise the daily checking of Reuters messages and ensure there is no sequential breakages.
**C. Internal (Processes, Products, Regulatory)**:
- Coordinate with all related Divisions including International to secure any local or Foreign cash movement
- Ensure compliance with internal controls, policies/ procedures and applicable QCB regulations and other legal parameters including International pertaining to the Treasury Products. Coordinate completion of all reports, returns and requests for information in this regard, if any, within specified time scales.
- Constantly endeavor to improve processes in order to keep the operating costs as low as possible/ improve efficiency of operations and ensure that any such changes are communicated to the relevant department/ personnel responsible to timely update the related procedures and increase automation.
**D. Learning & Knowledge**:
- Proactively identify areas for professional development of self and undertake development activities.
- Seek out opportunities to remain current with all developments in professiona
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