Manager Treasury Accounting & Regulatory Reporting.Treasury Operations.Operations Group-PAKCOE
Mashreq
Date: 6 hours ago
City: Remote
Contract type: Full time
Remote
- Ensure all deals in the system are authorized in order to reflect correct position in the book.
- Monitoring and checking the currency position of the branches to advise covering the exchange position.
- Control of FX / MM limits to ensure the dealers are not exceeding the limits.
- Checking exchange and deposit rates so as to ensure that correct rates are provided to the customers.
- Matching all Forex bank deals with customer deals to avoid any exchange position.
- Monitoring limits and accounting of Precious Metal transactions in order to ensure that all entries are recorded in the book of accounts correctly and within the approved limit.
- Checking Parity Tolerance Report of currencies in order to prevent occurrences of wrong Exchange rates or loss.
- Monitoring daily exchange profit / loss which helps in pointing out any mistakes as regards to wrong rates.
MIS Reporting:
- Monitor FX Proprietary Profit/Loss and report to the management on daily and monthly basis.
- Ensure all transaction errors are approved and report the figures to management on monthly basis.
- Monthly revaluation of Proprietary Interest Rate Swap deals and ensure the GL accounts are reflected and report the P/L to management on monthly basis.
- Preparing FX Margin and Futures Customer Commission report date-wise / customer-wise and sending to management.
- Preparing Corporate Customers P&L report customer-wise and sending to Front Office and CBG as per commission sharing agreement.
- Consolidating of all Monthly TCM income figures and sending the report to the management.
- Preparing all Banking Returns and share with CAD as per SLA
- Prepare the Survey received from CB on a regular basis
- Return on Unmatured Forward Exchange Contracts.
- Return on Unmatured Forward Exchange Contracts of Non-resident customers.
- Preparing of Statement of Derivatives (IAS-7) and passing related entries to the GL and providing the report to CAD.
- Preparing of Analysis of Large Exposures to Non-Banks and sending the report to CAD.
- Preparing monthly report of exchange income on vostro accounts.
- Monitor and reconcile Sundry Creditors/Debtors accounts
- Monitor all suspense account and clear post investigation
Nostro Management:
- Nostro Management helps in covering exchange positions, keeping a check on the entries posted by other Departments and Branches and to avoid overdrawing of account.
- The jobs are done as per the policies and guidelines laid down in the TOC Manual and perhaps the procedures may change if there is a change / modification in the system.
- As this job includes covering of Nostro, it requires him to have cordial relationship with Operations division and Local and Overseas branches. To maintain good relations with Dealers is also vital
- Monitoring and checking the currency position of the branches to advise covering the exchange position.
- Control of FX / MM limits to ensure the dealers are not exceeding the limits.
- Checking exchange and deposit rates so as to ensure that correct rates are provided to the customers.
- Matching all Forex bank deals with customer deals to avoid any exchange position.
- Monitoring limits and accounting of Precious Metal transactions in order to ensure that all entries are recorded in the book of accounts correctly and within the approved limit.
- Checking Parity Tolerance Report of currencies in order to prevent occurrences of wrong Exchange rates or loss.
- Monitoring daily exchange profit / loss which helps in pointing out any mistakes as regards to wrong rates.
MIS Reporting:
- Monitor FX Proprietary Profit/Loss and report to the management on daily and monthly basis.
- Ensure all transaction errors are approved and report the figures to management on monthly basis.
- Monthly revaluation of Proprietary Interest Rate Swap deals and ensure the GL accounts are reflected and report the P/L to management on monthly basis.
- Preparing FX Margin and Futures Customer Commission report date-wise / customer-wise and sending to management.
- Preparing Corporate Customers P&L report customer-wise and sending to Front Office and CBG as per commission sharing agreement.
- Consolidating of all Monthly TCM income figures and sending the report to the management.
- Preparing all Banking Returns and share with CAD as per SLA
- Prepare the Survey received from CB on a regular basis
- Return on Unmatured Forward Exchange Contracts.
- Return on Unmatured Forward Exchange Contracts of Non-resident customers.
- Preparing of Statement of Derivatives (IAS-7) and passing related entries to the GL and providing the report to CAD.
- Preparing of Analysis of Large Exposures to Non-Banks and sending the report to CAD.
- Preparing monthly report of exchange income on vostro accounts.
- Monitor and reconcile Sundry Creditors/Debtors accounts
- Monitor all suspense account and clear post investigation
Nostro Management:
- Nostro Management helps in covering exchange positions, keeping a check on the entries posted by other Departments and Branches and to avoid overdrawing of account.
- The jobs are done as per the policies and guidelines laid down in the TOC Manual and perhaps the procedures may change if there is a change / modification in the system.
- As this job includes covering of Nostro, it requires him to have cordial relationship with Operations division and Local and Overseas branches. To maintain good relations with Dealers is also vital
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