Job description

The role manages all Treasury Operations Middle Office control activities for QNB, including oversight of documentation, interest accruals, premium/discount amortization, and monitoring treasury transactions from a risk standpoint to ensure no processing lapses occur. Responsibilities include monitoring workflow to ensure all Front Office transactions are accurately processed, supervising treasury reconciliations, suspense accounts, and static data setup in the Treasury System, and issuing alerts to Treasury, Risk, and FCD when required. The role ensures accurate recording of derivative product profit and loss, supports management of the bank’s large investment portfolio, contributes to annual budgeting and business planning, and controls financial reporting for treasury products. Duties include monitoring ISDA, GMRA, Islamic agreements, and EMTN documentation; managing month-end reporting, limit monitoring across Nostro, counterparty, investment portfolio, currency movement, yield curve, and valuation; ensuring correct posting and booking of transactions; handling interest receipts/payments; updating market prices for fair value exposures; responding to Financial Control queries; supporting internal and external audits; and ensuring required reporting to management and the Central Bank. Responsibilities also cover reconciliation under ISDA protocols/EMIR/MRUD regulations, margin calculations for repos and derivatives, Islamic transaction monitoring, reviewing brokerage costs, reviewing EMTN legal documents, and verifying KYC requirements for new treasury customers. The role involves continuous improvement, staff supervision, coaching, identifying development needs, and fostering innovation within the team while maintaining strong understanding of capital markets, derivatives, investment accounting, treasury systems, and emerging regulatory requirements.