Senior Manager, Balance Sheet Management (Treasury ALM)
About QNB
Established in 1964 as the country's first Qatari-owned commercial bank, QNB Group has steadily grown to become the largest bank in the Middle East and Africa (MEA) region.
QNB Group's presence through its subsidiaries and associate companies extends to more than 31 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is more than 28,000 serving up to 20 million customers operating through 1,000 locations, with an ATM network of 4,300 machines.
QNB has maintained its position as one of the highest rated regional banks from leading credit rating agencies including Standard & Poor's (A), Moody's (Aa3) and Fitch (A+). The Bank has also been the recipient of many awards from leading international specialised financial publications.
Based on the Group's consistent strong financial performance and its expanding international presence, QNB currently ranks as the most valuable bank brand in the Middle East and Africa, according to Brand Finance Magazine.
QNB Group has an active community support program and sponsors various social, educational and sporting events.
Job Summary
The incumbent will perform all Balance Sheet management activities in accordance with the Group's strategy, risk appetite, regulatory requirements and policies and procedures.
Main Responsibilities
- Shareholder & Financial: Complies with approved budgets, policies and procedures in relation to balance sheet management operations. Implements KPI's and best practices for Senior Manager, Balance Sheet Management role. Promote cost consciousness and efficiency and enhance productivity, to minimize cost, avoid waste, and optimize benefits for the bank. Act within the limits of the powers delegated to the incumbent.
- Customer (Internal & External): Assists in building and maintaining strong and effective relationships with all other related units to achieve the Balance Sheet Management goals/objectives. Provides timely and accurate information to the external and internal auditors, the Compliance function and Group Risk as and when required. To assist customers in all their queries on Bank's product and seek solution to their requests. Maintain activities in accordance with Service Level Agreements (SLAs) with internal departments/units to achieve improvements in turn-around time. Build and maintain strong/effective relationships with related departments/units to achieve the Group's objectives.
- Internal (Processes, Products, Regulatory): Performs activities in accordance with the set strategies. Complies with the department's policies and procedures for conducting buy/ sell deals, maintaining/ collating MIS pertaining to profitability/ revenue, and observing compliance with the applicable limits approved by the Board/ its delegated authorities. Follows up on the timely processing of transactions in coordination with Treasury Operations. Prepares reports under the direct supervision of the SVP, Balance Sheet Management. Monitors gap positions within the delegated authority and under the guidance of the SVP, Balance Sheet Management. Is involved in the structuring of balance sheet management products, as and when deemed necessary by the SVP, Treasury Structured Products and Derivatives.
- Learning & Knowledge: Proactively identify areas for professional development of self and undertake development activities. Seek out opportunities to remain current with all developments in professional field.
- Legal, Regulatory, and Risk Framework Responsibilities: Comply with all applicable legal, regulatory and internal compliance requirements including, but not limited to, Group Compliance Policies and Procedures (AML & CTF, Sanctions Policy, Data Protection Policy, Fraud Control Policy, Whistle Blowing Policy, Conflict of Interest and Insider Dealing Policy). Understand and effectively perform your role under the Three Lines of Defence principle to identify measure, monitor, manage and report risks. Ensure systematic good outcomes for clients in accordance with Conduct Risk policy. Support the framework of RCSA, KRI, Incident reporting and remediation, as appropriate, in accordance with the Operational Risk Management requirements. Maintain appropriate knowledge to ensure full qualification to undertake the role. Complete all mandatory training provided by the Bank, attain, and maintain the required levels of competence. Attend mandatory (internal and external) seminars as instructed by the Bank.
- Other: Ensure high standards of data protection and confidentiality to safeguard commercially sensitive information. Maintaining utmost confidentiality concerning customer and internal bank information obtained during the course of business and provide such information on a need to know basis only to Senior Management of QNB, Audit and Compliance functions, and relevant Regulators. Maintain high professional standards to uphold QNB's reputation and to strengthen its market leadership position. All other ad hoc duties/activities related to QNB that management might request from time to time.
Education And Experience Requirements
Bachelor's University graduate preferably with a Major in Marketing, Banking, Finance, Accounting, Economics, Business Administration or Information Technology (related field of study) Minimum 8 years' experience in active dealing room, preferably in the Gulf. Excellent oral and written communication skills in English and Arabic (preferable). Good knowledge of a range of derivatives and interest rate products. Good MS Office skills (Word, Excel, Power Point). Understanding hedging techniques in local currencies. Analytical and problem solving skills. Understanding of the local laws, regulations and practices. Good interpersonal skills. Must be able to work effectively under market pressures whilst maintaining
Note: you will be required to attach the following:
- Resume/CV
- Copy of Passport or QID
- Copy of Education Certificate