Manager - ALM
Commercial Bank of Qatar
مجموع سنوات الخبرة :26 years, 1 أشهر
Manager, ALM - Treasury: manages the strategic aspect of the ALM front office function as well as the daily operations in line with both regulatory requirements and risk management guidelines.
Duties and responsibilities:
Manage the assets and liabilities for the Bank as designated by the regulatory requirements (e.g. LCR and NSFR), and provide the cheapest possible inter-bank and non-banking and certificate of deposit funding in order to: comply with funding mix requirements, maximize the margin on bank assets and optimize the cost of funding as well as the net interest margin.
Manage interest rate and foreign exchange risks (e.g. mismatch/gapping/hedging) as well as other market, credit and operational risks.
Operate within, and manage, specific ALM benchmarks/metrics including Funding Duration, Funding Concentration, VAR, Interest Rate Repricing Gaps, Covered Risky Liabilities, Core Index, Liquidity Ladders, Stress Testing, Interest Rate Gapping, and cash-flows forecast.
Manage daily liquidity, credit ratios, ensuring sufficient liquidity is maintained within Nostro accounts, and recommending best alternatives for dealing with excess funds to optimize composition and performance in accordance with policies set by ALCO.
Manage the Islamic Treasury book in line with Sharia and regulatory requirements. Supervise the execution of Murabaha, Wakala and other Islamic products.
Quoting FX rates (spot - forward - cross & swaps) to various interbank counterparties, other departments with the broader bank, as well as corporate customers as required. Exercise currency options and Dual Currency Deposits on behalf of the bank and its clients.
Monitor news, events & market fluctuations through the information services provided by various agencies & providing the costumers with those reports as a guidance to manage their portfolios.
Coordinate with management in identifying and setting up strategies and deriving the processes for developing new Treasury products.
Providing support in managing the Treasury function in line with the central bank’s regulatory requirements in addition to monitoring regulatory limit to ensure optimal use of funds.
Support the Treasurer to ensure that the trading team deliver acceptable financial performance within risk parameters, ensuring that the Bank is funded and has access to markets at optimal cost.
1- Monitoring bank & country limit and responsible for the optimal use of funds.
2- Coordinating with department heads of funds transfer and commercial services to determine funding requirements & in the event of having excess funds would lend to other banks at market rates.
3- Reporting to head of treasury on sizeable incoming funds or outgoing payment orders.
4- Reporting daily liquidity and credit ratios.
5- Monitoring of all clearing accounts to determine what withdrawals and deposits are being made.
6- Ensuring sufficient liquidity is maintained in accounts.
7- Recommending best alternatives for dealing with excess funds.
8- Monitoring and matching customer deposits by placing funds in the interbank money market.
9- Developing new interbank dealing contacts and obtaining new lines and limits.
10- Preparing reports for management detailing activities (first and second line liquidity management and maturity gap report.
11- Buying & selling foreign currencies at the best prices.
12- Exercising FX option deals.
13- Quoting FX rates (spot - forward - cross & swaps) to various interbank counterparties, other departments with the broader bank, as well as corporate customers as required.
14- Monitoring news, events & market fluctuations through the information services provided by various agencies & providing the costumers with those reports as a guidance to manage their portfolios.
15- Carry out other duties when assigned.
16- Reporting to Head of Treasury.
Assist the manager in :
1- Establishing & implementing strategy in the management of assets & liabilities for the providing an annual business plan budget of the bank .
2- Managing the liquidity of the bank in a cost effective way .
3- Managing assets & liabilities to maxmise return & to minimise risk .
4- Ensure bank’s policy & procedures are implemented .
5- Selling treasury services to large corporate customers .
6- Developing & recommending investment opportunities which can generate positive effects in terms of income profitability to the bank.
7- Managing foreign exchange risk & maximise profits.
8- Managing the liquidity gap & the interest rate gap .
9- Maintain a good working relationship with other treasury officials of local /international banks .
10- Ensure proper selection, training, motivation & development of stuff under supervision.
11- Taking care of the entire activities of the dealing room by gathering information & solving problems .
12- Carry out other duties when assigned .
13- Reporting to the dealing room manager .
1.Receive orders from clients to buy or sell foreign exchange. Execute the orders efficiently and at the best available price through Reuters Dealing System.
2.Confirm the trades back to the clients, both over the telephone and in a printed format.
3.Monitor currency prices from the dealing system screen to provide the clients with market updates
4.Communicate with the clients and update them with their positions, rollover, limits, etc.
5.Monitor the prices and information of Foreign Exchange. Follow up on market trends and developments. Analyze market information and decide best action for executing a trade. pass on relevant information to colleagues.
6.Update the database with information pertaining to transactions.
7.Monitor the limits assigned to each of the clients and that of banks.
8.Follow up 2 subordinates.
9.Carry out other duties when assigned.
10.Reporting To Chief Dealer ( Dealing Room Manager).
1. Trading in Inter-Bank Deposits & Swaps .
2. Managing the Interest Rate Risk of bank’s portfolio using money market tools, derivatives & hedging tools.
3. Managing the Bank’s Liquidity & Money Market Portfolio In Foreign Currencies by applying the approved strategies for having the Balanced Risk Distributed Portfolio.
4.Update the database with information pertaining to transactions.
5.Monitor the limits assigned to the correspondent banks.
6.Carry out other duties when assigned.
7. Reporting to A Manager
1. Trading & exporting banknote shipments inside and outside Egypt.
2. Set foreign currencies price lists.
3. Set Interest Rates lists.
4. Update the database with information pertaining to transactions.
5. Carry out other duties when assigned.
6. Reporting to A. Manager