Job Description

Description:
To validate and confirm Foreign Exchange and Money Market Product
Ensure SSI is rightly updated and complete all payments as per the currency cutoff
Monitor CP conditions for corporate customers related to FX trades
Sound knowledge on CLS trade settlement system
Perform daily payment reconciliation between booking systems and payment gateway
Sound knowledge on SWIFT MT103/MT202/MT300 / MT320 / MT600 message types along with knowledge on
Islamic Murabaha, Wakala, Reverse Murabaha trade validations and documentation along with commodity execution
Daily monitoring of Nostro Outstanding items and follow-up with counterparty for delayed payments
Perform Money Market Cashflow Monitoring, Daily Settlements and confirmation matching
Manage gold swap product transactions executed with DGCX, within specified cutoff timing
Validate all payments related to Foreign Exchange are made on correct Value Date
Trade Validation of FX and Money Market Trades
Monitor CP conditions for corporate customers related to FX trades
Sound knowledge on Treasury Accounting related to FX / Money Market products.
Perform control checks on the deal flows between T24 and DealHub
Checking all Transmission Copies of Payments and Receipt Messages to ensure that all messages are transmitted on time.
Sound knowledge on CLS trade settlement system
Monitor Daily Cashflow and Payments
prepare UAEFTS payments on a daily basis and monitor the payments Q
Perform daily payment reconciliation between booking systems and payment gateway
Sound knowledge on MT300 / MT320 / MT600 Confirmation along with knowledge on Matching criteria
Ensure Zero operation loss
Ensure full control across all products including settlements, confirmation, and payments
Ensure daily Islamic Murabaha, Wakala, Reverse Murabaha trade validations and documentation along with commodity execution
Process Daily Commodity transactions / Settlements / Confirmations
Daily monitoring of Nostro Outstanding items and follow-up with counterparty for delayed payments.
Perform Money Market Cashflow Monitoring, Daily Settlements and confirmation matching
Process FX transactions of DVP (delivery vs payment) customers by ensuring funds are received before other ccy fund is paid out.
Ensure margin funds received from DVP customers specific to a deal is placed internally and tracked.
Manage gold swap product transactions executed with DGCX, including settling margin requirements and funding prior to the specified cutoff timing
Analytical ability and a good understanding of the product workflow is required to investigate any reconciliation differences and to resolve it.
Limit breaches on P&L and other parameters assigned in the market risk policies to be highlighted as required and resolved.
Documentation exceptions to be closely tracked and closed.
Experience of 4-7 years in a reputed bank in a similar position Enable Skills-Based Hiring No
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