Job Description

Date Posted: 2009-11-05 Ref. JB1283972

Treasurer / Dealer
Arab Jordan Investment Bank (Qatar) L.L.C.

Area of Operation Responsible For:

-Treasury
-Dealing in Investment
-Banking Relations

Duties:

• Work closely with other business units to identify deposits/loans trends, and possible impact on Bank’s liquidity.
• Work closely with other departments to identify funding needs
• Formulate gapping strategies as appropriate.
• Work to identify seasonal liquidity trends and manage the Bank’s liquidity and requirements accordingly.
• Come-up with ideas and formulate strategies to take advantages of money market movements.
• Provide a comprehensive assessment on Money Market activities and highlight trends in various currencies during the regular ALCO meetings.
• Constant follow-up of market changes, especially related to monetary and fiscal polices changes that would have impact on the direction of interest rates in the major markets.
• Protect the Bank’s liquidity position in keeping good cash-flows reports, and adopting certain tolerance levels in managing liquidity.
• Use Repos, Reverse Repos, Swaps and any other available approved way of funding to ensure the best efficient way of funding the various activities of the Bank.
• Monitor the various money market books performance and formulate strategies in how to minimize loses during adverse movement by markets.
• Keep senior management alert of any changes or possible changes in money market rates, line availability and any related development that could have an impact in activities.
• Ensure that foreign exchange transactions are covered immediately in order to minimise foreign exchange risk.
• Trade money market derivatives, as authorized, to take advantageous of short term developments in interest rates.
• Use money market derivatives to hedge the Bank’s assets and liabilities exposures
• Perform other duties as required by GM.

Skills

- Strong Communication Skills
- Interpersonal Skills
- Computer Knowledge