. Monitor Treasury Operation Department and ensure prompt settlement of transactions concluded by Treasury, Investment Department, International Banking Division and Private banking. Ensure error-free processing to avoid loss to the bank.
. Loans & Deposits, Foreign Exchanges, Treasury Bills & Bonds, Nostro Funding Derivattives (options, Forward Rate Agreement-FRA, interest Rate Swaps-IRS) and Certificate of Deposits.
. Equities, Bonds, Floating Rate Notes-FRN, Funds participation and Private placements.
. Corporate Client’s private investment in Global Equities and Funds through intermediaries.
. Resolve problems related to all transactions undetaken by Treasury Operations mainly payment defaults by counterparties.
. Authorize payment of brokerage, Bank’s commission charges and custody fees.
. Monitor Nastro accounts overdrawn balances and justify charges levied.
. Authorize update of O/D interest rates, received from treasury, in the Host.
. Review reconciliation memos received from Financial Controls and resolve them.
. Maintain service level agreement(SLA) with internal Clients.
. Review and help respective departments to evolve procedure for new Treasury products.
. Review and request for system enhancement for departmental improvement.
|Job Location:||Hawali, Kuwait|
|Career Level:||Mid Career|