Senior Officer, Treasury Middle Office (Finance)

Emirates Islamic; Dubai; On-site; AED 120,000 - 150,000; Full time

Job summary

A leading company in Dubai is seeking a Treasury Finance professional to support the Head of Treasury Finance. The role involves reconciling FX flow, maintaining system integrity, and participating in system implementations. The candidate will ensure accurate reporting of profit and loss figures while monitoring data quality and supporting trading operations.

Responsibilities

• Reconcile the bank's net open position between core systems and trading systems.
• Monitor FX flows captured by the trading system.
• Provide commentary on P&L and attribute P&L to the treasury front office.

Job description

Organization Unit Purpose

To support the Head of TRY & ALM. The unit monitors the bank's net open FX position, reconciles FX retail flow with Treasury trading systems, reports Profit and Loss, tests trade prices across various treasury products and asset classes, maintains market & static data in TRY trading systems, reports client valuation for stakeholders, and participates in system and product implementation projects.

Job Purpose

The role involves assisting the Head of Treasury Finance, the Middle Office Team, and the Global Markets and Treasury Business. It includes independently reconciling FX flow business with Treasury trading systems, substantiating and reporting profit and loss figures, maintaining system integrity for static and market data, analyzing client derivative exposures, and participating in UAT during Calypso system implementations.

Key Responsibilities

1. Reconcile the bank's net open position between core systems, general ledger, and Treasury trading systems.
2. Reconcile and monitor that all branch FX flows are captured by the trading system.
3. Ensure FX flows are correctly transferred to the trading desk for external coverage.
4. Value all treasury products using approved market data and monitor data quality.
5. Maintain static data in trading systems according to procedures.
6. Participate in system implementation, gather department requirements, and be involved in UAT.
7. Review market conformity reports and escalate issues appropriately.
8. Review front office profit and loss reports.
9. Provide commentary on P&L and attribute P&L to the treasury front office.