Senior Vice President - Treasury Front Office and Funding

Aldar Properties PJSC; Abu Dhabi; On-site; AED 200,000 - 300,000; Full time

Job summary

A prominent real estate company in Abu Dhabi is seeking a seasoned Treasury Manager to oversee funding and financial risk management operations. The ideal candidate will have over 12 years of experience in a corporate treasury environment with a proven ability to manage relationships with financial institutions and guide a team of professionals. A Bachelor's degree in finance or a related field is required, along with strong technical skills and the ability to work under pressure. This position is exclusively for UAE Nationals.

Qualifications

• 12+ years of experience in a corporate treasury environment, preferably multinational.
• Minimum of 2+ years in a managerial position.
• Experience in real estate and the Middle East is preferable.

Responsibilities

• Oversee front office activities including funding and financial risk management.
• Manage annual reviews with credit rating agencies.
• Build and maintain relationships with banks and financial institutions.
• Ensure prudent debt management to anchor credit ratings.
• Guide financial risk management efforts.

Skills

Debt management

Financial modelling

Investment management

Market Risk Management

Proficiency in MS Office

Team player

Education

Bachelor’s degree in accounting, finance, engineering, statistics, or economics

CFA/FRM

Tools

Treasury Management System

Bloomberg

Job description

JOB PURPOSE

Oversee Aldar’s front office activities i.e. funding, financial risk management, debt investor relations with a focus on ESG and credit ratings. This role requires a deep understanding of funding and derivative products, including unfunded facilities. Lead business decisions through structuring products, optimizing investment management, and managing market risk through hedging and analytics to maintain financial stability.

The role is for a UAE National

ROLES AND RESPONSIBILITIES

• Credit Rating Management: Manage annual reviews and ad-hoc communication with credit rating agencies reporting to the Director – Treasury
• Bank Relationship Management: Build and maintain strong relationships with banks and other financial institutions to negotiate favorable terms and conditions for debt management, hedging and investment management.
• Funding & Long-term Liquidity Management: Ensure prudent debt management which helps anchor Aldar and subsidiary credit ratings and drive shareholder value.
• Debt Investor Relations: Build and maintain strong relationship with debt investors. Engage and manage relationship with sell-side credit analysts to enhance Aldar’s debt coverage.
• Financial Risk Management: Guide identify, assess, and mitigate IR and FX risks.
• Market Research & Analytics: Guide team to analyze macro variables and regulations which can affect various areas of Group Treasury including market risk, liquidity & funding risk, and counterparty credit risk
• Structuring Solutions and Business Decision Support: Provide ad-hoc structuring advice to various business counterparts to enhance return, improve operational efficiency, reduce risk, and provide better customer experience.
• Capital structuring and credit modelling: Design optimal capital structure for Aldar and its subsidiaries to manage credit ratings, improve accessibility to funding, optimize cost, improve shareholder returns, and manage FX risk. This would be done in conjunction with Aldar’s Corporate Finance function.
• Investment management & yield enhancement: Optimize returns on surplus cash while maintaining liquidity profile and ensuring capital protection.
• Intercompany funding management: Jointly design and implement efficient I/C funding management while being compliant with applicable laws and regulations, and ensuring balanced outcome for Aldar and minority investors
• Team Management: Lead and develop a team of treasury front office professional, providing guidance, training, and support to ensure optimal performance.
• Treasury Management System: Guide members of Group Treasury to select, implement, and manage treasury management systems.

RELATED YEAR OF EXPERIENCE

Min of 12+ years of experience in a corporate treasury environment. Multinational corporate treasury a plus.

YOE IN MANAGERIAL POSITION

Min of 2+ years in managerial experience

FIELD OF EXPERIENCE

Real estate and middle east experience are preferable, but not a must

TECHNICAL AND INTERPERSONAL SKILLS

• Debt management – document negotiations, understand regulations & basics of Central Banking
• Debt products – bonds (RegS/144A), sukuks, loans, ECA, commercial papers
• Financial modelling – DCF, structured finance, shadow rating model, cash flow forecasts
• Investment management – treasury products & derivative overlays
• Capital structuring, credit modelling, designing ad-hoc structured products
• Market Risk Management – Market analysis, derivatives structuring & dealing, ISDA/CSA
• Proficiency in MS Office and treasury software applications (TMS, Bloomberg, others)
• Negotiate with banks and relationship management. Design RFPs/RFQs
• Team player, ability to work under pressure and independently, strong attention to details and problem-solving abilities

QUALIFICATION

Bachelor’s degree/certificate in accounting, finance, engineering, statistics, or economics from a reputable university, CFA/FRM is a plus