QNB Group (Qatar National Bank)
Senior Vice President Treasury Operations Middle Office (Qatarization)
- Permanent
- Doha, Qatar
- Experience 15 - 20 yrs
Job overview
Date posted
25/11/2025
Location
Doha, Qatar
Salary
QAR 60,000 - 100,000 per month
Compensation
Comprehensive package + relocation
Experience
15 - 20 yrs
Seniority
VP/Executive
Qualification
Bachelors degree
Expiration date
09/01/2026
Job description
Senior Vice President, Treasury Operations Middle Office (Qatarization) leads QNB’s Middle Office, Control, and Treasury Documentation functions. The role is responsible for ensuring full operational integrity across all treasury products — conventional and Islamic — including accurate trade capture, P&L monitoring, limit oversight, valuation processes, reconciliations, EMIR/MRUD compliance, and margin operations. The SVP acts as the linchpin between Front Office, Risk, Finance, and Operations, ensuring every treasury transaction is properly executed, approved, recorded, reconciled and reported. The role also supervises a major investment portfolio, oversees derivative accounting, manages treasury documentation (ISDA, GMRA, EMTN), and ensures strict adherence to QCB regulations. This is a senior leadership role requiring deep capital markets expertise, operational rigor, and the capability to lead a high-performing treasury operations team.
Required skills
Key responsibilities
- Lead Treasury Middle Office, Control, and Documentation Units
- Oversee daily monitoring of FX P/L, valuation, yield curve and portfolio performance
- Ensure all treasury transactions are accurately booked, reconciled, approved and compliant
- Supervise interest accruals, premium/discount amortization and derivative P&L accuracy
- Monitor nostro and counterparty limits, investment portfolio limits and risk exposures
- Review and validate all treasury static data setups and customer creation
- Oversee valuation updates, fair value adjustments, and market price inputs as per QCB rules
- Ensure accurate and timely month-end financial closing for treasury products
- Monitor documentation including ISDA, GMRA, CSA, Islamic Agreements and EMTN issuance
- Validate portfolio reconciliation, IM/VM margin calls and compliance with EMIR/MRUD
- Manage all aspects of Islamic treasury transactions including schedules and cashflows
- Oversee brokerage cost reviews for Islamic deals
- Lead audits (internal/external), regulatory inspections and respond to variance queries
- Ensure proper KYC onboarding for treasury customers
- Prepare periodic management reports, QCB submissions and variance analysis
- Support international branches and subsidiaries on treasury operations
- Drive continuous improvement initiatives and operational risk mitigation
- Provide leadership, coaching and development to the Treasury Operations team
- Ensure adherence to all policies related to Capital Markets, Custody, Fund Management and Investment Operations
- Troubleshoot complex issues and escalate when necessary
- Support budgeting, planning and KPI implementation for the department
Experience & skills
- Bachelor’s or Master’s degree in Banking, Finance, Accounting, Economics, Business or IT (Master’s preferred)
- Minimum 15 years of experience in Treasury Operations or Capital Markets within an international bank
- Minimum 7–8 years in a senior managerial role overseeing treasury middle office and operations
- Extensive experience with investment portfolios, derivatives, FX, Islamic products and capital markets documentation
- Strong expertise in ISDA, GMRA, CSA, EMTN and treasury legal frameworks
- Deep knowledge of treasury systems (Opics, Equation or similar), settlement processes and accounting flows
- Solid understanding of regulatory frameworks including QCB, EMIR, MRUD
- Strong financial reporting and P&L attribution capabilities
- Proven track record in audit handling and regulatory engagement
- Ability to manage large operational teams and implement best-practice controls
- Exceptional analytical skills and mastery of treasury product lifecycles
- High-level communication skills to manage internal and external stakeholders
- Qatarization requirement — role open to Qatari nationals only
