Officer - Treasury Back Office

Rakbank; United Arab Emirates; On-site; AED 300,000 - 550,000; Full time

Job summary

RAKBANK is seeking an Officer – Treasury Operations to manage end-to-end post-trade activities across Fixed Income, Equities, and Repo desks in the UAE. You will ensure accurate settlement, risk controls, and governance while coordinating with Front Office, Custodians, and market counterparties.

You bring 5-8 years in Treasury Operations with bonds, sukuk, T-bills, and related products, plus a degree in Finance or Economics.

Qualifications

• 5-8 years in Treasury Operations or related fields.
• Experience with Bonds, Sukuk, T-Bills, M-Bills, Equities, Repo and Reverse Repo.
• Strong understanding of securities settlement and corporate actions.
• Bachelor’s degree in Finance, Accounting, Banking, or Economics; CISI/ACI is an advantage.

Responsibilities

• Manage end-to-end processing and settlement of Fixed Income, Equities, Repo, and Reverse Repo transactions.
• Validate and authorize treasury transactions booked by Front Office teams.
• Process Bonds, Sukuk, Treasury Bills, M-Bills, EMTNs, and other securities through their lifecycle.
• Monitor and process coupon payments, distributions, maturities, redemptions, and corporate actions.
• Handle equity settlements and corporate actions including dividends, stock splits, rights issues.
• Process Repo and Reverse Repo transactions, including collateral management, interest calculations, and maturity settlements.
• Ensure timely settlement and confirmation of transactions with custodians, counterparties, brokers, and clearing agents.
• Perform daily reconciliations of securities positions, custodian accounts, Nostro accounts, treasury systems, and GL balances.
• Support treasury accounting, regulatory reporting, audit activities, and period-end closing processes.
• Drive process improvement, automation initiatives, UAT activities, and operational enhancement projects.

Skills

Treasury operations

Securities settlement

Reconciliations

Corporate actions

Investments knowledge

Regulatory awareness

Education

Bachelor's degree in Finance/Accounting/Banking/Economics

ACI/CISI certification (advantage)

Job description

Job Description

At RAKBANK, we are committed to operational excellence, accuracy, and control. As an Officer – Treasury Operations (Fixed Income Desk), you will be responsible for managing treasury post-trade activities, securities settlements, reconciliations, and investment lifecycle events while ensuring strong governance, regulatory compliance, and operational efficiency.

What You'll Be Doing

• Manage end-to-end processing and settlement of Fixed Income, Equities, Repo, and Reverse Repo transactions.
• Validate and authorize treasury transactions booked by Front Office teams, ensuring accuracy and completeness of trade details.
• Process Bonds, Sukuk, Treasury Bills, UAE M-Bills, EMTNs, and other investment securities throughout their lifecycle.
• Monitor and process coupon payments, profit distributions, maturities, redemptions, and corporate action events.
• Handle equity settlements and corporate actions including dividends, stock splits, bonus issues, and rights issues.
• Process Repo and Reverse Repo transactions, including collateral management, interest calculations, and maturity settlements.
• Ensure timely settlement and confirmation of transactions with custodians, counterparties, brokers, and clearing agents.
• Perform daily reconciliations of securities positions, custodian accounts, Nostro accounts, treasury systems, and GL balances.
• Support treasury accounting, regulatory reporting, audit activities, and period-end closing processes.
• Drive process improvement, automation initiatives, UAT activities, and operational enhancement projects.

What We're Looking For

• 5-8 years of experience in Treasury Operations, Treasury Back Office, Securities Operations, or Capital Markets Operations.
• Hands-on experience with Bonds, Sukuk, Treasury Bills, M-Bills, Equities, Repo, and Reverse Repo products.
• Strong understanding of securities settlement, custody operations, corporate actions, and treasury reconciliations.
• Bachelor's Degree in Finance, Accounting, Banking, Economics, or a related field. ACI/CISI certification is an advantage.

What You Should Have

• Treasury Operations & Securities Settlement
• Fixed Income & Investment Products Knowledge
• Treasury Reconciliations & Controls
• Regulatory Compliance & Operational Risk Awareness
• Process Improvement & Automation Mindset

What's In It For You

• Gain exposure to a wide range of Treasury and Investment products.
• Work closely with Treasury Front Office, Finance, Custodians, and Market Counterparties.
• Contribute to operational excellence and automation initiatives.
• Develop expertise in securities operations and treasury settlements.
• Be part of a collaborative and high-performing banking environment.