Treasury & Settlements Operations Lead

Al Ahli Bank of Kuwait; Kuwait City; On-site; KWD 12,000 - 18,000; Full time

Job summary

Al Ahli Bank of Kuwait is seeking a Treasury & Settlements Section Head to oversee the processing of Money Market/Islamic products, FX, derivatives, and wholesale term deposits. You will ensure accurate settlements, ABK Investments instructions, and third-party fund settlements in line with SLA and regulatory requirements.

The role emphasizes customer guidance, strong controls, and timely reconciliations across internal teams and branches, with a focus on data integrity and risk management.

Qualifications

• Knowledge of processing systems and their controls.
• Understanding of processing regulations and standards.
• Knowledge of AML legislation and compliance requirements.
• Experience in operations within a complex work area.

Responsibilities

• Treasury Products Processing: ensure Money Market/Islamic products, FX and Derivative transactions are properly processed within SLA.
• ABK Investments: process instructions from TID and SFD for ABK Investments.
• Wholesale Term Deposits: ensure proper processing aligned with instructions and rates.
• ACIC Funds: process Gulf and Kuwait fund instructions and third party settlements.
• Customer service: advise customers on ambiguities and provide transaction guidance.
• SLA and Cut off Times: ensure transactions are completed before cut-off time.
• Procedures and Process: adhere to set policies and procedures.

Skills

Processing systems

Regulations & standards

AML legislation

Complex operations

Education

Bachelor's Degree or Equivalent Certification/Experience

Job description

Al Ahli Bank of Kuwait is seeking a Treasury & Settlements Section Head to oversee the processing of Money Market/Islamic products, FX, derivatives, and wholesale term deposits. You will ensure accurate settlements, ABK Investments instructions, and third-party fund settlements in line with SLA and regulatory requirements.

The role emphasizes customer guidance, strong controls, and timely reconciliations across internal teams and branches, with a focus on data integrity and risk management.