Senior Associate Treasury Operations Middle Office

Job Purpose Summary

Prepare the required reports to FCD, Business and Risk. Monitor trading position, P &L and Limits reporting. Ensure timely completion of Management.

Manage, train people and develop a teamwork environment. Back-up the Treasury Operation Control & Monitoring

Essential Duties & Responsibilities by Dimensions
**A. Shareholder & Financial**:

- Provide operational support to Treasury management of assets and liabilities.
- Implements KPI's and best practices for Senior Associate, Treasury Operations Middle Office role.
- Manage tasks for analyzing 40,000 to 45,000 transactions a year
- Supervise all tasks of the treasury Operations unit.
- Act within the limits of the powers delegated to the incumbent.
- Promote cost consciousness and efficiency and enhance productivity, to minimize cost, avoid waste, and optimize benefits for the bank.

**B. Customer (Internal & External)**:

- Provide assurance to Management and QCB that capital markets and investments positions are in accordance with QNB's Investment Strategy and QCB limits.
- Provide timely and accurate information to the external and internal auditors when required.
- Build and maintain strong and effective relationship with all other related units to achieve Group's goals.
- Maintain activities in accordance with Service Level Agreements (SLAs) with internal departments/units to achieve improvements in turn-around time.

**C. Internal (Processes, Products, Regulatory)**:

- Creation of Counterparty/customer in OPICS system
- Creation of Security profile in OPICS
- Verify the RHIS for Rate Re-fixings for Treasury products.
- Reconcile the MTM/valuation and portfolio with counterparty as required by ISDRA protocols/EMIR and MRUD regulations.
- Calculate & validate the Initial Margin, Variation Margin and Margin calls for Repo agreements and under EMIR regulation for IRSs and MRUD regulations for un-cleared derivatives.
- Create the new customer/counterparties are created in OPICS as per policy procedure
- Create the new Security profiles created/amended in OPICS.
- Prepare the rate re-fixings done in OPICS for Treasury products i-e Swaps, Bonds, Loan/Deposits and Cap/Floors etc.
- Prepare confirmations for Treasury products i-e Swaps, Bonds, Loan/Deposits and Cap/Floors etc.
- Create the SSIs (CSPIs & CSRIs) and Settlement Accounts (SETA) added/amended in OPICS.
- Create the OPICS new/amendment in accounting mapping with Equation or BS.
- Prepare and validate the portfolio reconciliation with counterparty as required by ISDRA protocols/EMIR and MRUD regulations.
- Prepare and validate the calculations of the Initial Margin, Variation Margin and Margin calls for Repo agreements and under EMIR regulation for IRSs and MRUD regulations for un-cleared derivatives Follow up and update all QNB investments portfolio ( Financial reports, holding certificates, Dividends, and right issues)
- Monitor the new customer/counterparties are created in OPICS as per policy procedure
- Monitor the new Security profiles created/amended in OPICS.
- Monitor the rate re-fixings done in OPICS for Treasury products i-e Swaps, Bonds, Loan/Deposits and Cap/Floors etc.
- Monitor the SSIs (CSPIs & CSRIs) and Settlement Accounts (SETA) added/amended in OPICS.
- Repo agreements and under EMIR regulation for IRSs and MRUD regulations for un-cleared derivatives

**D. Learning & Knowledge**:

- Possess an understanding of Capital Markets, derivatives and Investments types for usage, accounting, balance sheet and off-balance sheet treatment, revaluation methods, liquidity and gapping.
- Possess an understanding of back office/ treasury systems for static set-up, processing routines, accounting rules, payment instruction, advises and reporting.
- Set up all department needs with the available system and enhance the existing.
- Awareness of all new market new regulatory (EMIR, MRUD, etc.)

Education and Experience Requirements
- Bachelor degree University Graduate/preferred with a Major in Marketing, Banking, Finance, Accounting, Economics, Business Administration or Information Technology (related field of study)
- At least 2 years of relevant experience, preferably within a highly rated international bank/ treasury/ investments documentation, derivatives operations, control or related field experience.

Required Special Skills
- Excellent oral and written communication skills (including report writing) in English and Arabic (preferable).
- Ability to make decisions and follow through with initiatives.
- Possess leadership skills.
- Good problem solving skills.
- Planning, organizing and analytical ability.