Treasury Assistant Manager

Key Accountabilities:Preparing and monitoring daily treasury functions and activities related to payments operations, collections, and reconciliation of the Company accounts.Participates in the development of department policies and procedures and manage implementation to ensure all relevant procedural/legislative requirements are fulfilled.Adheres to Treasury policies and proceduresReview management of the day-to-day and strategic liquidity to ensure smooth operation of company and help company plan for strategic liquidity requirements.Develop strategies, business for the Money Market and FX Unit which are in line with the Treasury department Policies and guidelines and the company overall strategies and directions.Reviews the company liquidity and FX positions and margin in coordination with the Manager of Treasury.Follow up the market exchange rates with various companies make all necessary adjustment to company FX rates. Reviews the operational and financial results of the Unit and compares results against objectives and budgets.Reviews the foreign currency revenue and profit margin revenues with Units and Treasurer.Helps in determining overall liquidity strategy.Ensures that all outstanding deals are within the limits defined by the Treasury Division’s Policies and the Treasury net open position is within the pre-assigned limits. the risk related to the company’s financial activities.Ensures adequate controls are in place and operating effectively to mitigate the risks in treasury operations.Comply with any regulatory and internal risk requirements.Maintains counterparty relationships and introduce new to increase FX activity.Assists to keeps relationship with regulatory for better representation of company.Keeps updated with market development and share the information with sub-ordinates. Help team in improving their competencies.QUALIFICATIONSBachelor’s or master’s degree in relevant major. EXPERIENCE Assistant Manager/Team Leader 4-6 years in relevant fieldsSKILLSShould be able to apply generally accepted standards and market ethics applicable to the banking industry in the Kingdom familiar with SAMA regulations and guidelines and other external agencies’ regulations, as applicable to the corporate activities of the Company.Good communication skillsGood analytical backgroundAbility to work with minimal supervision.Computer backgroundAdequate level of Arabic and English interpersonal skills and communication skills both written and oral