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Dealer- Asset & Liability Management

Mashreq
Posted 2 months ago, valid for 9 days
Salary

$175,000 - $200,000 per year

Contract type

Full Time

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Sonic Summary

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  • The job involves managing the asset and liability functions within the USA treasury, ensuring effective funding of the asset portfolio under the oversight of the Head of Treasury.
  • Key responsibilities include money market operations, FX trades, currency gap management, and compliance with regulatory frameworks and liquidity policies.
  • Candidates should possess a bachelor's degree in finance and have significant experience in treasury operations, specifically 10-12 years.
  • The role offers a competitive salary range of $175,000 to $200,000.
  • The institution prides itself on innovation and customer service, aiming to support clients in achieving their financial goals.

Job Purpose
Day-to-day responsibility (with Head of Treasury oversight) for all the asset and liability function within USA treasury, ensuring the efficient and effective funding of the asset portfolio. Responsible as well for money market operations, FX trades, currency gap management, investment in securities and deposits with banks and other FIs, all in compliance with the regulatory framework and the local and global liquidity policies and in coordination with the Head of Treasury and Funding Centre in Head Office.
    

Key Result Areas
•    Ensure appropriate balance sheet management to enable local funding of USA asset book.
•    Ensure maximum profitability for the bank from ALM activities within specified risk parameters and local regulations to optimize profit.
•    Monitor the size, liquidity and ratios of the local balance sheet for balance sheet control
•    Monitor and manage, under direct supervision, all external/internal liquidity, currency and interest rate-related risk positions and ensure development of operating systems for existing/new products
•    Ensure adherence to dealing ethics and code of conduct
•    Ensure accurate and timely dissemination of MIS for the Head of Treasury, Country Head and HO requirements
•    Provide input to ALCO, working with Head of Treasury and Finance to correlate internal reporting.
•    Interact with counter parties — banks, financial institutions, brokers, etc
•    Ensure that the bank complies with the regulatory requirements in their relevant domain, including by adhering to the necessary policies and procedures in place.


Knowledge, Skills and Experience
•    Bachelor's degree, preferably with specialization in finance
•    Significant experience in treasury operations (10-12 years)
•    Knowledge of market risk analysis and fundamental economic data
•    Meticulous /time bound/ able to attend to multiple tasks in a time bound manner

 

Salary Range
•   $175,000 - $200,000

 


The leading financial institution in MENA
While more than half a century old, we proudly think like a challenger, startup, and innovator
in banking and finance, powered by a diverse and dynamic team who put customers first.
Together, we pioneer key innovations and developments in banking and financial services.
Our mandate? To help customers find their way to Rise Every Day, partnering with them through
the highs and lows to help them reach their goals and unlock their unique vision of success.
Delivering superior service to clients by leading with innovation, treating colleagues with dignity and fairness while pursuing opportunities that grow shareholders value. 
We actively contribute to the community through responsible banking in our mission to inspire more people to Rise.



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By applying, a Mashreq account will be created for you. Mashreq's Privacy Policy and Terms & Conditions will apply.

SonicJobs' Terms & Conditions and Privacy Policy also apply.