Job Purpose:
To ensure FX/MM/Islamic products deals (HNI & NON HNI)have captured correct details and settlement instructions, counterparty confirmations have matched with our deal details thus enabling error free settlement of all deals in a timely manner to prevent any loss/penalty to the Bank.
- To ensure documentation of all deals is matched through electronically established Murex Matcher and Finastra ” matching confirmation system and to ensure all manual documents have been checked and agreed with our record, also responsible for establishing missing SSIs (Standard Settlement Instructions) in static data at customer details level, thereby all settlement instructions are captured automatically by default or STP
Key Accountabilities:
Policies, Systems, Processes & Procedures
Follow all relevant departmental policies, processes, standard operating procedures, and instructions so that work is carried out in a controlled and consistent manner
Demonstrate compliance to organization’s values and ethics at all times to support the establishment of a value drive culture within the bank.
Continuous Improvement
Contribute to the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.
Reporting
- Assist in the preparation of timely and accurate statements and reports to meet department requirements, policies and quality standards
Job Context
Specific Accountability
Input, review, check the correctness of volume and KPI report
MM/FX/IS payment validation after ensuring that all deal details input by dealer are correct.
Validate and release payments from Murex after checking status in Matching confirmation system namely Murex Matcher, Finastra etc.
Ensure all commercial payments are processed accurately by uploading it in the Remittance workflow system
Monitor FX/MM/IS/Global FXMM group email and ensure that appropriate action is taken
Manually monitor the daily workflow for ECP/CP/CD in all NBAD entities, prepare HK FMD entries
Follow-up with dealers/clients regarding the Rollovers then release from Murex
Send NDF confirmations to clients and release of agreed amount from Murex
Ensure that trade validation and payment queues in MUREX are clear at EOD
Ensure Swift Alliance verification queues are clear at EOD
Handling settlement processes for our Global entities e.g. NBAD London, NBAD Oman, NBAD Hong Kong, and NBAD Cayman etc.
Liaise with GM, Clients and other GMO desks for queries related to the deals
Liaise with Reconciliation for Islamic overnight deals
Liaise with Investigations for any customer query
Take part in CLS/shift/holiday rotation to ensure BAU for local and Global Ops at all times
- Provide required support for all FAB International Locations Centralized within head office Global Market Operations
Minimum Qualification
University Graduate
Knowledge of Treasury products and accounting.
Good communication skills
Minimum Experience
- 3-5 years’ relevant experience in the banking sector with at least 3 years in similar positions of progressively increasing managerial responsibilities in the treasury function.
Employer-sourced description · source: ehjd.fa.em2.oraclecloud.com · captured 4h ago
