eFinancialCareers

• Company

  Warner Scott Recruitment

• Location

  UAE-Dubai

• Remuneration

  Highly Competative Salary + Bonus +Benefits

• Position Type

  Employee

• Employment type

  Full time

• Updated

  17 Nov 2008

• eFC Ref no

  473589

Large commercial bank is seeking a senior treasurer to Head the Treasury & Debt Capital Markets in the UAE. Only highly experienced and skilled candidates apply.

Overall responsibility for the banks Treasury:

Balance Sheet Management / Investments & Trading / Debt Capital Markets / Islamic Banking Products

Managing balance sheet, cash flow, ALM etc. Developing and recommending financial policies, capital structure, hedging policies, as well as maintenance of bank relationships. Identifying potential financial risks for the bank, ensuring they do not adversely affect bank funds (e.g. foreign exchange exposures). Developing further structurered products structured credit increasing revenue and portfolio management. Managing and growing the trading desk of the bank. Special focus on Debt Capital Markets geared mainly to stuctured finance, fixed income and the syndicated loan cycle. Assist in the growth of Islamic banking and products. 

Also: 

• Ensuring that adequate liquidity and interest income are available to meet strategic objectives and financial obligations  

• Minimizing cost of capital  

• Managing/overseeing daily cash balances, and surplus cash for other assets (e.g. money markets, fixed income)  

• Making decisions on funding company operations and other financing requirement  

• Setting the strategy for Asset and Liability Management, putting in place policies and procedures for effective ALCO management and reporting  

• Implementing an assets and liabilities strategy (gapping) that optimizes the company’s return, in accordance with the ALCO’s guidelines/recommendations  

• Liaising with company bankers and investors and maintaining positive, long term working relationships  

• Negotiating loan or overdraft terms with company bankers  

• Forecasting cash payments and anticipating potential challenges arising from limited cash flow  

• Ensuring compliance with the regulatory requirements (e.g. reserve requirements)  

• Setting strategy and overseeing management of Money Market to maximize treasury returns in compliance with the company’s market risk strategy  

• Analyzing the impact of international markets on the performance of company products or services Minimum Qualifications  

• High level management experience in the treasury / credit function in an investment institution, 

• Experienced in treasury products with extensive capital market experience, credit and financial analysis Competencies, and Investment. 

• Strong understanding of hedging interest rates and foreign exchange  

• Good knowledge of cash management products  

• Strong understanding of Debt capital markets 

• Strong knowledge of balance sheet management. 

• Bachelor degree. Professional qualification in Accounting/ finance e.g. ACA, ACMA, CPA, CFA and/or MBA preferred.

Only experienced candidates apply who are energetic, proactive and have extensive management experience.