Specialist- FXMM Settlements (Emiratised)

Specialist- FXMM Settlements (Emiratised)

Full-time Sub Division: Group Operations Division: GCOO

Company Description

Join the UAE’s largest bank and one of the world’s largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders and communities to grow through differentiation, agility and innovation. We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting & dynamic industry.

Job Description

JOB PURPOSE:
To ensure FX/MM/Islamic products deals have captured correct details and settlement instructions, counterparty confirmations have matched with our deal details thus enabling error free settlement of all deals in a timely manner to prevent any loss/penalty to the Bank. To ensure documentation of all deals is matched through electronically established Murex Matcher and Finastra ” matching confirmation system and to ensure all manual documents have been checked and agreed with our record, also responsible for establishing missing SSIs (Standard Settlement Instructions) in static data at customer details level, thereby all settlement instructions are captured automatically by default or STP

ob Context

Input, review, check the correctness of volume and KPI report MM/FX/IS payment validation after ensuring that all deal details input by dealer are correct. Validate and release payments from Murex after checking status in Matching confirmation system namely Murex Matcher, Finastra etc. Ensure all commercial payments are processed accurately by uploading it in the Remittance workflow system Monitor FX/MM/IS/Global FXMM group email and ensure that appropriate action is taken Manually monitor the daily workflow for ECP/CP/CD in all NBAD entities, prepare HK FMD entries Follow-up with dealers/clients regarding the Rollovers then release from Murex Send NDF confirmations to clients and release of agreed amount from Murex Ensure that trade validation and payment queues in MUREX are clear at EOD Ensure Swift Alliance verification queues are clear at EOD Handling settlement processes for our Global entities e.g. NBAD London, NBAD Oman, NBAD Hong Kong, and NBAD Cayman etc. Liaise with GM, Clients and other GMO desks for queries related to the deals Liaise with Reconciliation for Islamic overnight deals Liaise with Investigations for any customer query Take part in CLS/shift/holiday rotation to ensure BAU for local and Global Ops at all times

Qualifications

Minimum Qualification

University Graduate Knowledge of Treasury products and accounting. Good communication skills

Minimum Experience

3-5 years’ relevant experience in the banking sector with at least 3 years in similar positions of progressively increasing managerial responsibilities in the treasury function.
Specialist- FXMM Settlements (Emiratised)
Abu Dhabi, United Arab Emirates * Full-time