Associate Treasury Settlements (Qatarization)

About This Role

Job Purpose Summary:

The incumbent will perform treasury settlement activities in co-ordination with the Treasury Division and counterparts; review and authorize transactions within the delegated authority; prepare reports in a timely and accurate manner.

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

• Settlement of capital markets, foreign exchange, bonds and investments transactions.
• Implements KPI's and best practices for Associate, Treasury Settlement role.
• Review and reconcile confirmations to ensure accuracy of transaction processing.
• 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):

• Process treasury transactions for the Treasury Division and QNB customers.
• Provide timely and accurate information to the external and internal auditors when required.
• To assist customers in all their queries on Bank's product and seek solution to their requests.
• Maintain activities in accordance with Service Level Agreements (SLAs) with internal departments/units to achieve improvements in turn-around time.
• Build and maintain strong/effective relationships with related departments/units to achieve the Group's objectives.
• Provide timely/accurate data to external/internal Auditors, Compliance, Financial Control and Risk when required.

C. Internal (Processes, Products, Regulatory):

• Review all deal tickets prior to settlement commencement.
• Perform payment advices, receipts, and confirmations to the bank.
• Receive confirmations (confirmation matching).
• Perform Nostro, Vostro & customer transfers.
• Perform reconciliation routines for deal ticket and associated media.
• Help in responding/ solving any customers or other Banks issues promptly and refer any unavoidable delays directly to higher authorities

D. Learning & Knowledge:

• Possess an understanding of back office/ treasury systems for static set-up, processing routines, accounting rules, payment instruction, advises and reporting.
• Proactively identify areas for professional development of self and undertake development activities.
• Seek out opportunities to remain current with all developments in professional field.

Education/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)

Required Special Skills:* Excellent oral and written communication skills (including report writing) in English and Arabic (preferable)

• Planning, organizing and analytical ability.
• Thorough knowledge of accounting principles.
• Computer proficient and knowledge of MS Office applications, bank and database applications.
• Excellent oral and written communication skills in English and Arabic.
• Must be detailed and multi-task oriented.
• Possesses problem solving/ decision making skills.
• Organized and able to work independently using good business judgment.