Assistan Manager - FX/MM Settlements.Injaz - FX/ MM Settlements.Operations Group

Mashreqbank PSC; Abu Dhabi; On-site; AED 180,000 - 320,000; Full time

Job summary

Mashreqbank PSC in Abu Dhabi seeks a Treasury/FX Operations specialist to validate FX and Money Market products, manage settlements, and supervise payment processes. The role requires handling SWIFT messages, daily reconciliations, and ensuring compliance with CP conditions.

The candidate will monitor Nostro items, perform cashflow and daily settlements, and support Islamic financing validations, with close attention to value dates and confirmations.

Responsibilities

• Validate Foreign Exchange and Money Market products and ensure accuracy.
• Update SSI and complete payments according to currency cutoff.
• Monitor CP conditions for corporate FX customers related to trades.
• Knowledge of CLS trade settlement system and applicable processes.
• Perform daily payment reconciliation between booking systems and gateways.
• Handle MT103/MT202/MT300/MT320/MT600 messages and related confirmations.
• Validate Islamic Murabaha, Wakala, Reverse Murabaha trade bookings and documentation.
• Monitor Nostro items daily and follow up on late payments with counterparties.
• Conduct Money Market cashflow monitoring, daily settlements, and matches.
• Ensure FX payments are on correct Value Date and validate DVP settlements.
• Process commodity transactions and settlements with timely confirmations.
• Maintain control across deal flows between T24 and DealHub.
• Verify transmission copies of payments and receipts for on-time delivery.
• Support treasury accounting related to FX and Money Market products.

Skills

FX Ops

Money Market

SWIFT Knowledge

CLS Settlements

Reconciliation

DVP

Tools

T24

DealHub

UAEFTS

Job description

Job description

• To validate and confirm Foreign Exchange and Money Market Product
• Ensure SSI is rightly updated and complete all payments as per the currency cutoff
• Monitor CP conditions for corporate customers related to FX trades
• Sound knowledge on CLS trade settlement system
• Perform daily payment reconciliation between booking systems and payment gateway
• Sound knowledge on SWIFT MT103/MT202/MT300 / MT320 / MT600 message types along with knowledge on
• Islamic Murabaha, Wakala, Reverse Murabaha trade validations and documentation along with commodity execution
• Daily monitoring of Nostro Outstanding items and follow-up with counterparty for delayed payments
• Perform Money Market Cashflow Monitoring, Daily Settlements and confirmation matching
• Validate all payments related to Foreign Exchange are made on correct Value Date
• Trade Validation of FX and Money Market Trades
• Monitor CP conditions for corporate customers related to FX trades
• Sound knowledge on Treasury Accounting related to FX / Money Market products.
• Perform control checks on the deal flows between T24 and DealHub
• Checking all Transmission Copies of Payments and Receipt Messages to ensure that all messages are transmitted on time.
• Sound knowledge on CLS trade settlement systemMonitor Daily Cashflow and Payments
• prepare UAEFTS payments on a daily basis and monitor the payments Q
• Perform daily payment reconciliation between booking systems and payment gateway
• Sound knowledge on MT300 / MT320 / MT600 Confirmation along with knowledge on Matching criteria
• Ensure Zero operation loss
• Ensure full control across all products including settlements, confirmation, and payments
• Ensure daily Islamic Murabaha, Wakala, Reverse Murabaha trade validations and documentation along with commodity execution
• Process Daily Commodity transactions / Settlements / Confirmations
• Daily monitoring of Nostro Outstanding items and follow-up with counterparty for delayed payments.
• Perform Money Market Cashflow Monitoring, Daily Settlements and confirmation matching
• Process FX transactions of DVP (delivery vs payment) customers by ensuring funds are received before other ccy fund is paid out.
• Ensure margin funds received from DVP customers specific to a deal is placed internally and tracked.
• Manage gold swap product transactions executed with DGCX, within specified cutoff timing