Assistant Manager - Product control

Stryker Corporation; Dubai; On-site; Confidential; Full time

Job summary

A leading global healthcare solutions company is seeking a skilled professional for a Treasury Middle Office role in Dubai. This position requires 8-10 years of hands-on experience in treasury operations, focusing on data accuracy, reconciliation, and routine reporting. Candidates should have educational qualifications equivalent to CA, CPA, ACCA, or FRM. Responsibilities include managing daily reconciliations, supporting the Treasury Management System, and ensuring compliance with regulatory requirements.

Qualifications

• Less than 8-10 years of senior-level hands-on experience in Treasury Middle Office - Accounting related tasks.
• Strong focus on data integrity and system architecture.
• Experience with IFRS compliance disclosures and Basel III monitoring.

Responsibilities

• Support daily execution of middle office controls and report generation.
• Assist maintenance of Treasury Management System and its testing.
• Perform independent valuations of derivatives with market data.
• Execute daily P&L calculations and analyze trade variances.
• Prepare data workpapers for compliance disclosures.
• Daily reconciliations of positions against records.

Skills

Data accuracy

Reconciliation

Routine reporting

Valuation of derivatives

Education

CA / CPA / ACCA / FRM or equivalent

Job description

Job Description

Support in the daily execution of middle office controls, with a strong focus on data accuracy, reconciliation, and routine reporting.

• Assist in the daily operation and maintenance of the Treasury Management System (TMS). Support system testing (UAT) for upgrades and enhancements and ensure data integrity within the system architecture.
• Perform initial independent valuations of vanilla derivatives (FX Forwards, Swaps, IRS) using market data inputs. Gather necessary inputs and run models for CVA/DVA computation under the Manager's guidance.
• Execute daily P&L calculation and comparison routines. Analyze variance drivers at the trade level and escalate significant issues to the Manager promptly.
• Prepare data workpapers for IFRS compliance disclosures. Compile daily/weekly reports necessary for Basel III monitoring (LCR/NSFR inputs).
• Execute daily reconciliations of Front Office positions against Back Office and Custody records. Monitor custody positions daily, investigate reconciliation breaks, and ensure timely resolution.
• Maintain and update all Standard Operating Procedures (SOPs) for daily tasks. Ensure all activities are properly documented for audit trails. the line Manager.
• All the above accountabilities include but are not limited to any additional/new tasks or responsibilities the line Manager assigns.

Competencies/Skills

Education: CA / CPA / ACCA / FRM (or equivalent)

Work Experience

Hands on Senior level experience / similar position experience of No less than 8 -10 years (very specific to Treasury Middle office - Accounting related)