The Treasury Specialist is responsible for managing day to day dealings with counterparty banks and executing placement/borrowing transactions. Also, the role includes reporting on daily liquidity, maturity profile of bank deposits/rollovers and preparation of monthly ALCO package.
Treasury Specialist will work closely with Risk and other finance team members on efficient Asset / Liability as well as liquidity management.
Prepare daily liquidity report for the management.
Prepare monthly ALCO pack in collaboration other team members and departments.
Extract data from Core banking system with understanding the GL/core Banking database structure to prepare maturity profiles of financial instruments and also perform analysis of asset / liability behaviours.
Calculate and present the trends of rates and cost of funds to be used for pricing and asset mix decision.
Maintain operating relationship with counterparty banks to execute money market transactions.
Deployment / placement of funds with CB UAE and other counterparty banks.
Maintain a daily maturity report of various instruments and timely highlight the short term maturities for decision to mature or renew.
Work closely with Operations team for timely and correct booking of money market deals and the resultant profit accruals etc.
Prepare / contribute and support in policies / processes for liquidity and assets/liability management and then maintain trackers to ensure compliance with the required limits.
Perform market research and peer comparison on rate movements and products available in the market that can be used by the Bank.
