Assistant Manager – Treasury, Sharjah

Careers for a Changing World of Islamic Banking.Assistant Manager – Treasury Posted On 05 Mar, 2025Type: Permanent Job Category: Treasury JOB PURPOSE: To support in achieving the best possible FOREX exchange profit for the treasury & bank while minimizing risk exposure so that all FX exposure are covered efficiently and assisting to manage the Money Market book, through effective reserve management while minimizing Liquidity risk.Key Responsibilities: Market Analysis: Continuously monitoring and analyzing the foreign exchange markets to identify trends, opportunities, and risks.Execution of Trades: Executing buy and sell orders for currencies on behalf of clients or the bank, ensuring that trades are carried out efficiently and at the best possible prices.Risk Management: Developing and implementing strategies to manage risk exposure associated with currency fluctuations, including the use of hedging techniques.Client Relationship Management: Building and maintaining strong relationships with clients, understanding their needs, and providing guidance on various FX products and services.Compliance and Regulation: Ensuring all trading activities comply with relevant regulations and internal policies, including proper documentation and reporting.Collaboration: Working closely with other departments, such as sales, risk, and compliance, to ensure a cohesive approach to FX trading and client service.Product Knowledge: Staying informed about new FX products and services, as well as developments in the broader financial markets that could affect FX trading.Training and Development: Participating in training programs to enhance trading skills and knowledge of market dynamics and trading technologies.Key Skills: Attention to Detail: Precision in executing trades and maintaining accurate records to prevent costly errors.Communication Skills: Strong verbal and written communication skills for interacting with clients, colleagues, and stakeholders effectively.Negotiation Skills: Ability to negotiate deals and terms with clients and counterparties to achieve the best outcomes.Decision-Making Abilities: Quick and effective decision-making skills, especially in high-pressure situations when market conditions change rapidly.Systems: Reuters & Bloomberg Minimum Qualifications: Graduate in Finance / Banking / Business / Commercial.2 – 3 years in dealing room.Language Skills: Good communication skills both oral and written in English (Arabic is an advantage).Computer/System/Software Skills: Familiarity with Reuters dealing & information System, MS Office. #J-18808-Ljbffr