Treasury Middle office Manager- Risk Management
Arab Bank Plc
Total years of experience :31 years, 7 Months
Monitor and control market, credit and liquidity risk exposures and ensuring their adherence to the Bank’s Policies & Procedures as well as the Central Bank’s regulations.
Produce regular reports for Market Risk/ Global treasury management/ Global middle office
Assist in the implementation of the Global treasury system transformation project: Kondor plus.
Analyze of market and liquidity risk reports
Ad-hoc investigation on any breaches and escalating it as required to Senior Management.
Assist financial team in preparing end of month/year Financial Reports.
I took on the role of Treasury Middle Office for UAE to develop and updating the Middle Office function and managing one middle officers to my overall responsibilities which mainly include:
Controlling all the UAE Treasury activities and ensuring their adherence to the Bank’s Policies & Procedures as well as the Central Bank’s regulations.
Monitoring the market, credit and liquidity risk exposure held in the UAE Treasury books.
Investigating UAE Treasury limit breaches (Counterparty, stop loss, liquidity ratios, etc..) and escalating such breaches as required to Senior Management
Producing regular reports for Global Treasury, Global Middle Office and the Head Office Finance Department including IAS39/IFRS9 reports, Treasury P&L, BPV, liquidity, securities and capital markets, funding concentration, credit risk concentration, fair price checker and limit utilization.
Performing periodic reconciliations between the treasury front-end system and the core system to ensure data integrity.
Ensuring that the Fund Transfer prices and revaluation rates (Bond-stocks portfolio, IRS, FX option, FX spot and forward) are entered correctly in the bank’s core system in line with internal policies and procedures.
Representing UAE middle office in ad-hoc projects such as the global treasury transformation project.
Support Financial reporting/compliance and MIS teams in preparing the Financial Reports like basel ii, … etc., related to investment/ treasury products required by Central Bank of UAE and Central Bank of Jordan, and ensure the accuracy of the disclosure and its complied with IFRS9, and replies to any Justification, forcasting and budgeting related to it. .
I took on the role of sole Treasury Middle Office for Jordan after setting up the independent Middle Office function in 2006 with the assistance of Group Risk Management and the Head Office Finance Department. In 2009, I was promoted to assistant manager and then in 2011 to Manager which added the task of managing one middle officers to my overall responsibilities which mainly include:
Controlling all the Jordan Treasury activities and ensuring their adherence to the Bank’s Policies & Procedures as well as the Central Bank’s regulations.
Monitoring the market, credit, regulatory and liquidity risk exposure held in the Jordan Treasury books.
Investigating Jordan Treasury limit breaches (Counterparty, stop loss, liquidity ratios, etc..) and escalating such breaches as required to Senior Management
Producing regular reports for Global Treasury, Global Middle Office and the Head Office Finance Department including IFRS9/IAS39 reports, Treasury P&L, BPV, liquidity, securities and capital markets, funding concentration, credit risk concentration, fair price checker and limit utilization.
Performing periodic reconciliations between the treasury front-end system and the core system to ensure data integrity.
Ensuring that the Fund Transfer prices and revaluation rates are entered correctly in the bank’s core system in line with internal policies and procedures.
Representing Jordan middle office in ad-hoc projects such as the global treasury transformation project.
Maintaining records of investment (equity portfolio - HFT, OCI) and updating them with any transaction made (buy/sell, corporate action, end of month re-evaluation process… ), preparing all the accounting journal entries related to the portfolios and producing periodic reports required by investment dept., internal/external auditors and central bank.
Responsible for processing all payments resulting from Jordan treasury transactions with the local and international markets including Capital Markets, Money Markets and Foreign Exchange transactions, following-up on pending issues as required internally as well as with other banks and ensuring compliance in the process with the Bank’s Policies and Procedures. Main duties included:
Verifying all treasury transactions prior to execution.
Seeking credit limit approvals from Senior management on behalf of Jordan Treasury.
Opening new accounts for correspondent banks.
Creating new product accounts as required from Finance Department for the Chart of Accounts.
Executed all Treasury payments and sent payment orders accurately and efficiently as per the Bank’s policies and procedures.
Ensured all matured deals settled in a timely and correct manner.
Generated confirmation reports to counterparties/clients.
Reconciled internal confirmations with counterparty confirmations.
Handled and processed all inquiries and amendments relating to pending transactions ensuring they are all resolved in a timely manner.
Entered prices/rates in the Bank’s core system ensuring they are reflected correctly.
Prepared periodic reports on outstanding positions / portfolios, trade turnover and volume statistics as required by the Head Office Finance Department, the Central bank of Jordan, as well as the internal/ external Auditors.
2006: BA in Banking & Financial Management, Al-Isra'a University, Amman, Jordan
1990 Diploma in Banking & Office Management, Amman Training College, Amman, Jordan.