Senior Dealer – Islamic Development Bank (IDB)

Role Purpose:
To play a leading role overseeing dealing room functions and make significant contributions toward developing and enhancing treasury dealing transactions, counterpart relationship negotiations and the overall secondary-market execution for the liquidity portfolios under the direction of the Manager.
Key Accountabilities & Activities:
• Participate in the development and implementation of actionable objectives, planning processes, budgets, and operational KPIs for the division.
• Participate in the development of the Dealing Room, products and strategies, and lead the Dealing Room new product development process.
• As deemed necessary by the Manager, attend the Asset and Liability Committee and related Management Committees. Support implementation of their decisions regarding Dealing Room operations.
• Help monitor and track the Dealing Room's on-going performance and quality of its services and outputs, identifying and initiating actions for improvement and innovation.
• Review, recommend improvements to, implement and comply with all internal procedures, rules, regulations and limits prescribed by the Bank to ensure trades are conducted diligently.
• Ensure the application of adequate checks and reviews on any trade and ensure full compliance with the internal procedures, rules and regulations prescribed by the Bank.
• Monitor the relevance, timeliness, and performance of the dealing transactions of the Dealing Room and take corrective actions as needed.
• Undertake required benchmarking and comparative analyses of the dealing operations with international money market practices.
• Effectively participate in building relationships with new banks for further co-operation to enhance investment / placements opportunities for the IDBG.
• Construct and test models, instruments, and scenarios for predicting future income/ requirements of IDBG based on extensive market monitoring and analysis, as deemed necessary by the Manager.
• Participate in production of executive briefings and timely management reports and budgeted returns for the Dealing Room for management decisions, as deemed necessary by the Manager.
• Undertake identification and delivery of optimization initiatives for economic capital, regulatory capital and balance sheet.
• Effectively participate in negotiating most competitive rates for identified transactions with other counterparts and banks.
• Oversee assigned set of portfolios of money market instruments of the IDBG to ensure that funds are utilized optimally in compliance with all policies to meet the needs of the Bank.
• Oversee placement of liquid funds, short term resource mobilization and foreign exchange movements.
• Review the performance of liquidity portfolios on a regular basis and provide appropriate recommendations.
• Help identify the right sources of funding for both short term and medium term requirements.
• Technically review the work of less experienced staff members, and support staff members, to ensure quality in reports and work products.
• Oversee placement of liquid funds, short term resource mobilization and foreign exchange movements.
• Monitor, report and recommend actions on currency cash flows of the Bank to ensure that the Bank's needs are met in the most cost efficient way.
• Provide expertise and specialized knowledge to the other staff members aiming to enhance productivity and performance.
• Research on Dealing best practices and trends, and benchmark with other MDBs for relevance on Dealing-related topics.
• Provide technical assistance and training to junior staff.
• Represent IDB in conferences on the subject area and other activities for knowledge sharing or advocacy as deemed relevant by the Manager.
• Update the ma

Job Details

Date Posted: 2017-07-14
Job Location: Saudi Arabia
Job Role: Accounting and Auditing
Company Industry: Financial Services

Preferred Candidate

Career Level: Mid Career

التقدم للوظيفة الان

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