Unit Head Money Market

Raqami Islamic Digital Bank


Date: 2 weeks ago
City: Karachi
Contract type: Full time

Job Title: Unit Head – Money Market

Department: Treasury & Alternate Investments


Job Overview

We are seeking an experienced treasury professional to lead our Money Market function. The role will be responsible for managing Shariah-compliant money market, fixed income, and Sukuk portfolios, ensuring effective liquidity management, optimizing treasury placements and borrowings, and supporting strategic treasury initiatives. The successful candidate will play a key role in maintaining regulatory compliance, managing treasury risks, and contributing to the Bank's overall treasury strategy.


Key Responsibilities

  • Manage and monitor money market, fixed income, and Sukuk portfolios within approved Shariah-compliant structures.
  • Assess daily liquidity positions, cash inflows, and outflows to determine placement and borrowing requirements.
  • Execute money market transactions in accordance with approved treasury products and Shariah-approved structures.
  • Manage and square treasury positions in coordination with the Chief Treasury & Alternate Investments.
  • Ensure all treasury transactions remain within approved risk parameters and regulatory limits.
  • Support treasury strategy formulation, ALCO presentations, and management reporting.
  • Monitor and escalate treasury discrepancies and ensure timely resolution.
  • Maintain ALCO records and meeting minutes.
  • Liaise with Shariah Compliance to ensure treasury activities remain fully compliant with Islamic banking principles.
  • Ensure adherence to treasury policies, SBP regulations, and Shariah governance requirements.


Experience Required

  • Minimum 10–12 years of relevant treasury experience, including hands-on management of money market, fixed income, and Asset Liability Management (ALM) functions.
  • Mandatory experience in Islamic Treasury, including Shariah-compliant money market and fixed income instruments.
  • Experience in FX dealing and foreign exchange position management will be considered an added advantage.


Educational Background Required

  • Master's degree in Finance, Economics, or a related discipline.
  • Professional certifications such as CFA, FRM, AAOIFI, or equivalent will be preferred.


Skills & Competencies

  • Islamic Treasury Management
  • Money Market & Fixed Income Management
  • Sukuk Portfolio Management
  • Asset Liability Management (ALM)
  • Liquidity Management
  • Treasury Risk Management
  • SBP Regulatory Framework
  • Shariah Governance & Compliance
  • Treasury Reporting & ALCO Presentations


Raqami is committed to building a diverse, equitable, and inclusive workplace. We welcome applications from qualified candidates of all backgrounds and are dedicated to providing equal employment opportunities for all.


Last date to apply: September 25, 2026

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