Treasury & FX Accounting Manager

Mashreq Careers; Pakistan; On-site; PKR 1,600,000 - 2,000,000; Full time

Job summary

Mashreq Careers in Pakistan is seeking a Banking Operations Analyst focused on foreign exchange and Nostro management. You will monitor currency positions, ensure deals are within limits, and verify rates and settlements across branches to maintain accurate books.

You will also handle MIS reporting, P&L monitoring, month-end revaluations, and reconciliation of sundry accounts, ensuring compliance with internal controls and TOC guidelines.

Qualifications

Responsibilities

• Ensure all deals in the system are authorized in order to reflect correct position in the book.
• Monitoring and checking the currency position of the branches to advise covering the exchange position.
• Control of FX / MM limits to ensure the dealers are not exceeding the limits.
• Checking exchange and deposit rates so as to ensure that correct rates are provided to the customers.
• Matching all Forex bank deals with customer deals to avoid any exchange position.
• Monitoring limits and accounting of Precious Metal transactions in order to ensure that all entries are recorded in the book of accounts correctly and within the approved limit.
• Checking Parity Tolerance Report of currencies in order to prevent occurrences of wrong Exchange rates or loss.
• Monitoring daily exchange profit / loss which helps in pointing out any mistakes as regards to wrong rates.
• Nostro Management helps in covering exchange positions, keeping a check on the entries posted by other Departments and Branches and to avoid overdrawing of account.
• The jobs are done as per the policies and guidelines laid down in the TOC Manual and perhaps the procedures may change if there is a change / modification in the system.
• As this job includes covering of Nostro, it requires him to have cordial relationship with Operations division and Local and Overseas branches. To maintain good relations with Dealers is also vital

Skills

FX Risk Mgmt

Nostro Recon

MIS Reporting

Cash & FX

Job description

Mashreq Careers in Pakistan is seeking a Banking Operations Analyst focused on foreign exchange and Nostro management. You will monitor currency positions, ensure deals are within limits, and verify rates and settlements across branches to maintain accurate books.

You will also handle MIS reporting, P&L monitoring, month-end revaluations, and reconciliation of sundry accounts, ensuring compliance with internal controls and TOC guidelines.