Treasury Middle office controller
Arab Bank
Total years of experience :19 years, 8 Months
• Key responsibilities of Cash management, supporting Treasury operations, handle audits, coordinate with operations on all settlement as well as fixing queries MIS generation, analysis and reporting.
• Contribute to achieving the objectives of the credit department
• Handle Risk and credit assessment recommendation and reporting.
• Network with Middle Office London, Business Finance, Product Control, Market Risk, Credit Risk,
• Manage cash providing Projections of cash positions to traders to facilitate management of the Bank's liquidity risk and manage all payment flows.
• Monitor, assess, approve and submit approval for credit limits and make recommendation /presentation to the credit Committee.
• Drive standardization of booking models for new products and / or new country activity
• Oversee Trader's deals at initiation in the system and validate trades booked by the Front Office (Interest Rate, FX, FX Option and Credit derivatives structured trades) to source data, such as Reuters and Term sheets.
• Forecast liquidity traders for EUR, GBP, USD and a range of GCC currencies
• Carry out/verify all reconciliation including Front Office (Trade) to Back Office (Position) systems intra-ay and on day+1 manual reconciliation between Product systems and the GL Reconcile Trader P&L to Ledger on day +1 as well as balance sheet reconciliation.
• Verify Transfer Price Rates & Exchange Rates.
• Confirm deal / Reuters checking etc and Ensure that deal bookings that cross multiple systems are correct on trade date.
• Ensure cancellations/amendments are recoded after being checked for reasonableness.
• Manage all MIS; ensure accuracy, proper referencing and resolve inconsistencies.
• Generate reports as :- Currency Open position, Cumulative Liquidity, Foreign Exchange Profit &Loss , Interest gap report, Securities portfolio /statement of financial securities, Capital Market Report, Inter group Funding, Banks Limit utilization Report
DOHA BANK - Qatar
Senior Clerk (Jan ‘07 till May08)
Reported to: Treasury Settlement Department Manager
Responsibilities
• Handled all aspects of Deal Tickets - conversion, settlement, discrepancy checking, review and reconciliation.
• Ensured adherence to policies/procedures pertaining to Treasury Settlements and that settlements are being accurately executed in compliance with the agreed guidelines and conditions in a timely manner.
• Generate and review end of day reports to validate correct settlements are being accurately executed.
• Oversaw payment advices, receipts, and confirmations ensuring confirmation matching and follow up with correspondent banks for outstanding confirmations.
• Perform NOSTRO, VOSTRO & customer transfers
• Contributed to responding/ solving any customers or other Banks issues promptly and escalate delays.
• Follow up with correspondent banks for any settlement related issues to ensure their timely resolution.
• Cover settlement of Money Market; Foreign Exchange; Bonds and Investment transactions Confirmations matching.
• Responsible for financial reporting for all Treasury and Investment Products.
• Ensure that dealing room transactions have entered the system in an accurate & timely manner.
• Maintain a shift schedule to cover the Treasury and Investment timings.
• Ensure timely Treasury and Investment Operations handling any scheduling conflicts/issues.
Responsibilities:
• Handled accounting responsibilities of calculation verification and codes input in the Accounts system
• Prepared cheques managed with daily transactions for the petty cash and ensured completion of weekly reconciliations. And follow the process all such documents accurately and promptly as per policies and procedures.
• Maintained and reconcile the Direct Debit mandates.
• Handled invoice processing’s that the invoices are correctly matched to the relevant sub documents as Purchase orders, Delivery notes etc.
• Followed company procedures are relevant to "Processing of Invoices and Documents"
• Ensure all invoices are filed immediately after validations, separate files are maintained for documents awaiting external action and budget info.
• Ensure all URGENT invoice requests are processed within the time limit and high importance
Responsibilities:
• Handled invoice processing, expense forms, payment requests etc
• Prepared vouchers, enquiries quotations etc.
• Performed a variety of paying and receiving clerical duties while serving in specified area receiving payments, writing receipts and cashing checks and related duties incidental to the work described
• Record funds from each cash source on a cash count sheet.
• Post in detail register totals, receipt operation; prepare daily reports on shortages, overage and refunds.
• Compare cash, receipts and payments in balancing daily work.
• Audit and prepare daily report and charges for submission to keypunch.
• Prepare bank deposits and check balances.
• Send daily reports to finance department concerning any payments.
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