Treasury Officer / Manager

Confidential Company; Dubai; On-site; AED 223,000 - 357,000; Full time

Benefits offered by this job

Health Insurance

Housing allowance

End-of-Service Benefit

Job summary

Confidential Company in Dubai invites applications for the role of Treasury Officer/Manager. The candidate should have hands-on experience in forex dealing, money market operations, treasury settlements, Nostro reconciliation, and regulatory reporting within a bank or financial institution.

Candidates must possess analytical skills with the ability to manage settlements, liquidity positions, and regulatory compliance within deadlines. UAE local bank environment experience is preferred.

Qualifications

• Bachelor's or Master's degree from a recognized university.
• CMT, CA or treasury-related certificates preferred.
• 2–3 years in treasury operations in a bank or financial institution.
• Valid experience certificates mandatory.

Responsibilities

• Prepare, upload, check, and authorize treasury reference rates.
• Process and settle interbank deals across multiple currencies.
• Verify interbank debits and credits in Nostro statements for all currencies.
• Monitor and manage Nostro reconciliation activities and daily Nostro fund positions.
• Authorize and settle interbank deals by Front Office, including AED settlements via UAE-FTS.
• Authorize SWIFT messages for Nostro settlements in other currencies.
• Reconcile daily gold book and forex positions between Front Office and Back Office.
• Prepare and submit centralized liquidity statements and other treasury reports.
• Ensure compliance with CRR and Nostro balances within limits.
• Conduct periodic securities valuations and monitor depreciation/appreciation.
• Prepare and submit regulatory returns to RBI, UAE Central Bank, and internal stakeholders.
• Coordinate treasury audits and support balance sheet and P&L reviews.

Skills

Treasury Operations

Forex dealing

Nostro reconciliation

Regulatory reporting

Liquidity management

Education

Bachelor's or Master's degree

CMT/CA or treasury certificates

Tools

Bloomberg

Reuters

UAE-FTS

SWIFT

Job description

Treasury Officer / Manager

Job Location: Dubai
Industry: Banking / Financial Services
Department: Treasury Operations
Number of Vacancies: 1
Maximum Age: 40 years
Experience Required: 2–3 years in Treasury Operations
Employment Type: Full-time

Job Overview

We invite applications from qualified and experienced professionals for the position of Treasury Officer / Manager. The ideal candidate should have hands‑on experience in forex dealing, money market operations, treasury settlements, Nostro reconciliation, and regulatory reporting within a bank or financial institution.

Candidates must possess strong analytical skills, a sound understanding of treasury operations, and the ability to manage settlements, liquidity positions, and regulatory compliance within stipulated timelines.

Key Responsibilities

• Prepare, upload, check, and authorize treasury reference rates.
• Process and settle interbank deals across multiple currencies.
• Verify interbank debits and credits in Nostro statements for all currencies.
• Monitor and manage Nostro reconciliation activities and daily Nostro fund positions.
• Authorize and settle interbank deals executed by the Front Office, including AED settlements through the UAE Funds Transfer System (UAE-FTS).
• Authorize SWIFT messages for Nostro settlements in other currencies.
• Reconcile daily gold book and foreign exchange positions between Front Office and Back Office.
• Prepare and submit centralized liquidity statements and other treasury reports.
• Ensure compliance with Cash Reserve Ratio (CRR) requirements and maintain Nostro balances within permissible limits.
• Conduct periodic securities valuations and monitor appreciation or depreciation.
• Prepare and submit regulatory returns to the Reserve Bank of India (RBI), Central Bank of the UAE, and internal stakeholders within prescribed timelines.
• Coordinate treasury audits and support the timely completion of balance sheet and Profit & Loss reviews.
• Document standard operating procedures, system requirements, and treasury processes.
• Investigate operational issues, identify root causes, and recommend process improvements.

Desired Candidate Profile

Eligibility Criteria

Educational Qualification

• Bachelor's degree and/or Master's degree from a recognized university.
• Professional qualifications such as Chartered Market Technician (CMT), Chartered Accountant (CA), or certified courses in Treasury Dealing and Risk Management will be preferred.

Experience Requirements

• 2–3 years of relevant experience as a Forex Dealer or Money Market Dealer in a bank, financial institution, investment bank, brokerage, or similar organization.
• Prior experience in Treasury Front Office or Back Office operations.
• Proven track record and demonstrated competency in handling treasury functions.
• Valid experience certificates or documentary proof of employment tenure are mandatory.

Required Skills and Competencies

• Strong understanding of foreign exchange markets and exchange rate mechanisms.
• Knowledge of Nostro reconciliation and SWIFT settlements.
• Hands‑on familiarity with treasury platforms and market information systems such as Bloomberg and Reuters.
• Understanding of interbank transactions, liquidity management, and foreign exchange positions.
• Strong analytical, numerical, and problem‑solving skills.
• Knowledge of regulatory reporting, treasury controls, and audit coordination.
• Ability to prepare reports, document processes, and meet strict deadlines.
• Knowledge of Arabic will be an added advantage.

Salary and Compensation

Compensation will be negotiable, based on the candidate’s current salary, relevant experience, professional profile, and the bank’s applicable personnel policies for local employees in the UAE.

The bank’s compensation structure may include:

• Basic salary according to the applicable grade and pay scale.
• Housing allowance (HRA), subject to the applicable policy and location.
• Special allowance for eligible UAE nationals, as applicable.

Benefits

• Health Insurance: Coverage as per DHA specifications for the employee, spouse, and up to two dependent children.
• Ex‑gratia Payment: May be considered up to one month’s basic salary annually, subject to the bank’s profitability and employee performance.
• Leave Passage: As per the bank’s applicable personnel policy for UAE local employees.
• End-of-Service Benefit (SSI): As per applicable bank policy for employees other than UAE nationals.
• GPSSA: As per applicable provisions for eligible UAE nationals holding a family book.

Additional Conditions

• Candidates currently employed with a government organization or Public Sector Undertaking (PSU) must submit a No Objection Certificate (NOC) from their current employer.
• Candidates must have a satisfactory employment record, with no disciplinary or legal actions as specified in the recruitment requirements.
• Applicants must provide supporting documents for age, educational qualifications, professional certifications, and post‑qualification work experience.