To provide support on day-to-day activities related to the treasury operations including SWIFT System, disbursements, collection of revenues/repayments, monitoring of uncollected revenues and doubtful debt while developing related reports.
Disbursements:
Track and maintain control over upcoming treasury payments and initiate their payment request.
Execute the final signed/approved disbursement requests received from the concerned functions via SWIFT System.
Generate and obtain approval for Disbursement of Treasury existing Deals (derivatise, placements, financing) exchanged forms in accordance to the signed agreements.
Follow up Treasury counterparts for the schedules pertaining to payments. Communicate and manage the relationship with the back office of treasury counterparts.
Maintain and organize record in hard/soft files for every payment executed and schedules exchanged.
Repayments/Collections:
Regular monitoring of ICD’s bank accounts and capture the received amounts related to the Treasury, financing and investment deals.
Generate and obtain approval for the settlements/collections of Treasury Deals (derivative, placements, financing.) exchanged forms in accordance to the agreements.
Follow up Treasury counterparts for the schedules exchange and confirmations.
Generate repayment schedule for each disbursement and for any subsequent rescheduling agreement in the system.
Generate repayment invoices/reminders to be sent to clients.
Maintain and organize record in hard/soft files for every receipt and schedules exchange.
System:
Use the SWIFT system to prepare SWIFT messages ensuring the successful and timely processing of disbursements and other messages.
Generate Payment Instructions and Receiving Instructions in the system.
Generate the repayment schedule for each disbursement in the system.
Generate settlements in the system for the receipts and payments.
Update the system with the applicable floating rate and approved rescheduling for required deals.
Coordinate with IT to solve system issues and generate reports.
Reports:
Generate Treasury Flash Report and Cash Balance report for the Treasury Operations.
Generate the Derivatives valuation report.
Generate ad-hoc reports.
At least 3 year(s) of experience in banking environment / financial institutions, preferably in Treasury Backoffice role in emerging markets.
Bachelor’s degree in Finance, Accounting, Business Administration or similar discipline is a must.
Master’s degree in Finance, Accounting, Business Administration or similar discipline or a professional certificate in Management Accounting (CMA), Certified Public Accountant (CPA) or any additional relevant professional certifications is required.
Core Behavioral Competencies:
Innovation and Initiatives
Change Management
Developing People Capability
Partnership Management
Strategic Thinking
Self-Effectiveness
Technical Competencies:
Knowledge of Repayment Issue
Knowledge of all Operating Systems
Knowledge of Sharia’h Law and Islamic Finance
Knowledge of SWIFT System
Capable of communicating in at least two of the three official working languages (Arabic, English and French) of which English is a must.