Noemi Cruz

Senior Officer at Qatar National Bank

• Qatar - Doha
• August 2007 to July 2020

QATAR NATIONAL BANK Doha, Qatar
2007 to 2020: Senior Officer, Treasury Operations

TREASURY OPERATIONS (Treasury Settlement & Capital Market Operations)

Associated with the following key responsibilities:

Authorization of foreign exchange, money market deals,
FX Options, BTR, and Swap deals in OPICS and Equation.

Verification/ Authorization of deals for QNB Branches (London, Paris,
Singapore, Yemen) in OPICS and send end-of-day report to branches.

Verification/ Authorization of Nostro Transfers

Verification/ Authorization of swift messages related to payments
and fund transfers

Investigation for non-payment / late-payment of funds by remitter

Investigation for non-receipt/ late-receipt of funds to beneficiary

Reconciliation of unmatched items in the Corona.


Documentation

Matching of foreign exchange and money market deals with corresponding outgoing swift messages (MT103, MT202, MT210 and MT300/320), and incoming confirmation from counterparties.

Investigation

Coordinate with counterparty/ correspondent bank for late payment/ late receipt or non-payment/ receipt of funds or any difference in payment, or discrepancy in confirmation related to FX and Money Market deals.

Ensure prompt and timely resolution of cases.

Nostro Reconciliation

Respond to unmatched items related to treasury transactions. Pass necessary entries. Coordinate with correspondent bank or counterparty when needed.

Ensure prompt action and clear outstanding items before month-end.


SWIFT Operations

Prepare manual MT202/200 swift message for payments related to
treasury and nostro transfers.

Prepare MT299 swift message for queries related to treasury transactions.

Verification/ Authorizaion of Swift messages.


Compliance Sanctions

Adhere to rules and regulations related to FX and Money Market
transactions and seek approval as required.

Check messages that go to Safewatch (OFAC system) and release upon
verification as valid message.

System Automation and Modifications:

Coordinate with IT Department for implementation of Treasury Systems/
modules related to FX, Money Market, request for access, or any
concern regarding the application and interface of these systems.



Reporting

Check Daily Matching Report on outgoing and incoming confirmations.

Generate OPICS Settlement Report to ensure that all deals
are properly posted in the account.

Check QNB London, Paris, and Singapore payments to ensure
that all payments are released and acknowledged.