Mohamed Al-Somali, Manager | Cash Management | Treasury

Mohamed Al-Somali

Manager | Cash Management | Treasury

Bahri

Location
Saudi Arabia - Riyadh
Education
Bachelor's degree, Business Administration/Finance
Experience
12 years, 5 Months

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Work Experience

Total years of experience :12 years, 5 Months

Manager | Cash Management | Treasury at Bahri
  • Saudi Arabia - Riyadh
  • My current job since April 2018

• Manage the working capital by maintaining sufficient cash balances to meet the obligations of the corporate and its subsidiaries.
• Liquidity management, including daily cash visibility and forecasting activities, executing funds movement transactions, and resolving any cash related errors in a timely manner.
• Manages short-term investments to maximize interest income within established guidelines while focusing on preservation of capital.
• Records and reports cash activity for the corporate and subsidiaries on a daily/monthly basis; build an infrastructure to support prompt and accurate reporting.

Manager | Private Equity | Treasury at Samba Financial Group
  • Saudi Arabia - Riyadh
  • October 2016 to March 2018

• Proactive sourcing and identifying higher quality investments to create a well-diversified portfolio.
• Prepare investment committee material for potential investments that including market research, due diligence and return projections.
• Overlooking committed investments, reviewing performance and communicating the same with the management.

Assistant Manager | FX Trading | Treasury at Samba Financial Group
  • Saudi Arabia - Riyadh
  • February 2012 to October 2016

•G10 trading (FX and Options).
•Intra-day and strategic position management.
•Executed and performed trades in accordance with established trading strategies and risk parameters.
•Pricing currency swaps, forwards, NDFs all types of options and structured products.
•Funding our nostro accounts worldwide.
•'Speed Cash' book management (Samba’s remittance business).
•Purchase of Banknotes for bank retail cash needs.
•Prepared management reports and business analysis.
•Maintained continuously updated knowledge of financial markets.
•Monitored risk management activities and documented issues.
•Calculate and analyze the desk P/L.
•Provided technical and product support to more junior staff.

Graduate Internship at Emirates Islamic Bank
  • United Arab Emirates - Abu Dhabi
  • August 2010 to October 2010

I have worked in Emirates Islamic Bank as part of the my graduate Internship(Field training course), through which I have got on-job training in various departments.

Education

Bachelor's degree, Business Administration/Finance
  • at Ajman University of Science and Technology
  • January 2011

I had a 3 month internship in one of the well known banks in abu dhabi as a part of the requirements for my graduation.

Specialties & Skills

Research
FX Options
FX Hedging
FX Trading
Treasury Functions
Ms Office Suite
Thompson Reuters Dealing
Thompson Reuters Eikon
Bloomberg
Financial Modeling
Valuations

Languages

Arabic
Expert
English
Expert

Training and Certifications

Charting & Technical Analysis - Thompson Reuters (Certificate)
Date Attended:
July 2013
Financial Markets Mathematics - Institute of Banking, SAMA Riyadh (Certificate)
Date Attended:
August 2014
Samba Professional Program (Training)
Training Institute:
Samba Financial Group
Date Attended:
February 2012