Head of Treasury & SWIFT Operations
Silkbank Limited
Total years of experience :26 years, 9 Months
Responsible to Manage Treasury & SWIFT Operations:
• Ensure accuracy and efficiency in settlement of deals performed by Treasury Front Office and Investment Banking Group.
• Ensure smooth coordination and reconciliation with the Treasury Front and Middle Office.
• Ensure processing of mark to market of all securities and proper recording of transaction, their accruals and premium/discount amortization.
• Ensure adherence to internal & external regulatory guidelines, and fulfils all SBP/SECP reporting requirements in timely and accurate manner.
• Manage SWIFT Operations
An authorized signatory of all RTGS, SBP, FI, DFI, Foreign Exchange Transactions & SWIFT Alliance.
Money Market (MM)
Review of Daily Revaluation of Government Securities. e.g Treasury Bills, Pakistan Investment Bonds
Approval of all Payments related to MM Transactions
Approval of all Securities movements
Approval of all transaction in the system. “Treasury/T-24”.
Budgeting
Monthly Accruals of Income, Amortization, Expense
Foreign Exchange (Fx)
Review of Daily Revaluation of Outstanding Forward Contracts
Approval for all Swift Payments related to FX Transactions
Approval of all transaction in the system. “T-24”.
Review of Monthly Accruals of Income, Expense
Review of Gap Report (Mismatches)
Review of Off Market Transactions
Shares, Margin Trading System, Term Finance Certificates (TFCs) and Mutual Funds (Equity and Money Market Funds)
Review of Daily Portfolio related to Shares, MTS, TFC and Mutual Funds
Review of Revaluation related to Shares, MTS, TFC and Mutual Funds
Approval for all Payments related to Equities and authorization through CDC and NCCPL system
Approval of all transaction in the system. “T-24”.
Review of Off Market Transactions
Successful Migration of SWIFT Software to release 7.0 (upgrade)
Temenos (T24) coordinator/super user of Treasury for identifying Gaps, its business reviews and Successful Migration.
T-24 Migration Treasury and Finance Division
(Learn a lot of Temenos experience during initial training, Business reviews, Gap identification and Migration of Treasury and Finance)
Five years ATM Reconciliation (M-NET/1 Link)
Five years Projection of the whole Bank
Centralization of Home Remittance Cell
RTGS (Real Time Gross Settlement System) Implementation
Affair Bi-Furcation (Central Office/Treasury)
Responsible to:
Authorization of swift payments
Settlement of Money Market Deals
Re-valuation of Foreign Exchange and Investment Portfolio.
Placement / borrowing of call money transactions.
Responsible for Back Office function of Union Leasing Limited (ULL)
Responsible for Automation of Investment on Kapiti System.
Responsible to :In-charge Money Market
- Settlement of Money Market and Foreign Exchange Deals
- Re-valuation of Foreign Exchange and Investment Portfolio.
- Placement / borrowing of call money transactions.
- Monitoring of liquidity position of 10 branch network as required by State Bank of Pakistan (SBP).
- Monitoring Nostro and Gap Position as required by SBP
- To submit bids for T-bills.
- Investment in government securities - FIB’s & T-Bills.
- Preparing and Submission of various State Bank of Pakistan (Central Bank of Pakistan) returns.
- Obtain forward cover in respect of foreign currency account from SBP.
- Check daily posting of General Ledger and balancing.
- Analytical review of Investment and Foreign Exchange Income.
- Preparing and Submission of various U.A.E. Central Bank returns
Preparing and Submission of various reports to Emirates Bank International PJSC - Dubai.