Treasury Operations Senior Officer

Job Purpose

Reporting to the Treasury Operations Manager, this role is responsible for a number of daily processing functions of the dealing operation with particular emphasis on accounting, settlements, confirmations, exposure and excess position monitoring, reconciliations and general systems maintenance across the Treasury transactions function.The role requires strict adherence to policy, controls and compliance and operating completely.Independently from the front office dealing teams to ensure segregation of duties and dealing records that can be verified through self-governing records. The jobholder is required to work in a specialist area, which is highly regulated, processing high value items under tight operating controls and timescales

Main accountabilities and approximate time split

Accountability: Processing & Controls

Time Split: 60% Outputs:

Responsible for immediate monitoring and processing of all transactions undertaken by Dealers Ensure compliance within Market Operations standards and Audit requirements Process transactions through the Treasury trade capture system ( Front Arena ) in a timely manner Ensure all source documents and bearer certificates are afforded secure protection and regularly checked for completeness Recommend changes to procedures and improve the process environment (through direct management) Ensure critical controls (e.g. KYC policy) are being observed Periodically, take active participation in snap check processes where allocated Resolve snap check findings as allocated Reconcile Treasury Suspense Accounts as allocated and resolve outstanding under advice to immediate management Check all inward confirmations to office copies and report exceptions Ensure prompt dispatch of all manual and SWIFT based confirmations Reconcile the Forex Open Position between Front Arena and Modbank every day and follow-up outstanding items promptly Provide senior management with MIS for inclusion. Maintain error logs and complaint registers and ensure, through senior management pro-active review and resolution Prepare returns (where applicable) to Head Office and Regulator for review and sanction by senior Treasury Management

Main Accountabilities: Development of Staff

Time Split: 5% Outputs:

Motivate and drive sharing of best practice Provide feedback within teams to ensure knowledge transfer Actively participate in reviews and meetings between Front and Back Office staff

Accountability: Accounting & Reporting

Time Split: 25%

Outputs: Implement local market policies/sanctions etc which could have a direct bearing or change to reporting requirements and ensure these requirements are incorporated in a timely and effective manner Control production of all daily settlements and accounting Provide support to any ‘off system’ transactions for management review and authorization Provide accounting statistics and provision of information to internal divisions, branches, customers and local senior management Produce Treasury Returns for statutory and Head Office purposes and assist the Treasurer/Accountant/Finance Division in meeting deadlines for submission Provide immediate management with regular file extractions from front arena for accounting and payments each day

Accountability: Systems Maintenance Time Split: 10% Outputs:

Maintain the trading system Front Arena on a day-to-day basis Provide initial input to static data requirements as required Exploit reports to provide quality information which identifies the risk positions and profit analysis of the dealing centre Liaise with the Treasury Operations Manager to increase and prioritize system capability to meet changing business requirements Capitalize on improved functionality and re-engineer processes accordingly Exploit reports to provide quality information which identifies the risk positions and profit analysis of the dealing centre Liaise with the Treasury Operations Manager to increase and prioritize system capability to meet changing business requirements

Technical skills / Competencies

A sound technical appreciation of the end-to-end treasury process Ability to challenge and not be easily influenced A sound understanding of the underlying risks, risk awareness and risk mitigation Teamwork Risk assessment – assimilation and appraisal of data/information Experience gained in a Treasury Processing, Accounting.

Knowledge, Expertise and Experience

Essential

Knowledge

Sound and practical experience of Treasury systems and operational processes Thorough comprehension of treasury control requirements, compliance and ethical standards both at dealing and operational support level Treasury product knowledge and immediate implications/ impact to business (i.e. risks and accounting) Practical experience of current systems and their impact on dealing and operational working practices Good understanding of regulatory and head office reporting requirements Awareness of the Group Internal Audit function

Experience

Primary Location

EG-City Stars Building HQ, Al Qahirah , 1 Omar Ibn El Khat

Job Type

Permanent/Regular

Posting Range

27 Aug 2017