Summary
QNB is hiring a Senior Manager, Balance Sheet Management in Doha, Qatar. The role covers balance sheet management activities, monitoring gap positions, preparing reports, coordinating transaction processing and supporting the structuring of balance sheet products. Applicants should have a bachelor’s degree and at least 8 years of experience in an active dealing room; Gulf experience is preferred. Knowledge of derivatives, interest rate products, hedging techniques and local regulations is requested, and the posting labels the role Qatarization.
The posting
As published on qnb.com. Pulled from the employer's site and shown as they wrote it.
Job Summary
The incumbent will perform all Balance Sheet management activities in accordance with the Group’s strategy, risk appetite, regulatory requirements and policies and procedures.
Main Responsibilities
A. Shareholder & Financial:
Complies with approved budgets, policies and procedures in relation to balance sheet management operations.
Implements KPI’s and best practices for Senior Manager, Balance Sheet Management role.
Promote cost consciousness and efficiency and enhance productivity, to minimize cost, avoid waste, and optimize benefits for the bank.
Act within the limits of the powers delegated to the incumbent.
B. Customer (Internal & External):
Assists in building and maintaining strong and effective relationships with all other related units to achieve the Balance Sheet Management goals/objectives.
Provides timely and accurate information to the external and internal auditors, the Compliance function and Group Risk as and when required.
To assist customers in all their queries on Bank’s product and seek solution to their requests.
Maintain activities in accordance with Service Level Agreements (SLAs) with internal departments/units to achieve improvements in turn-around time.
Build and maintain strong/effective relationships with related departments/units to achieve the Group’s objectives
C. Internal (Processes, Products, Regulatory):
Performs activities in accordance with the set strategies.
Complies with the department’s policies and procedures for conducting buy/ sell deals, maintaining/ collating MIS pertaining to profitability/ revenue, and observing compliance with the applicable limits approved by the Board/ its delegated authorities.
Follows up on the timely processing of transactions in coordination with Treasury Operations.
Prepares reports under the direct supervision of the SVP, Balance Sheet Management.
Monitors gap positions within the delegated authority and under the guidance of the SVP, Balance Sheet Management.
Is involved in the structuring of balance sheet management products, as and when deemed necessary by the SVP, Treasury Structured Products and Derivatives.
D. Learning & Knowledge:
Proactively identify areas for professional development of self and undertake development activities.
Seek out opportunities to remain current with all developments in professional field.
E. Legal, Regulatory, and Risk Framework Responsibilities:
Comply with all applicable legal, regulatory and internal compliance requirements including, but not limited to, Group Compliance Policies and Procedures (AML & CTF, Sanctions Policy, Data Protection Policy, Fraud Control Policy, Whistle Blowing Policy, Conflict of Interest and Insider Dealing Policy).
Understand and effectively perform your role under the Three Lines of Defence principle to identify measure, monitor, manage and report risks.
Ensure systematic good outcomes for clients in accordance with Conduct Risk policy.
Support the framework of RCSA, KRI, Incident reporting and remediation, as appropriate, in accordance with the Operational Risk Management requirements.
Maintain appropriate knowledge to ensure full qualification to undertake the role.
Complete all mandatory training provided by the Bank, attain, and maintain the required levels of competence.
Attend mandatory (internal and external) seminars as instructed by the Bank.
F. Other:
Ensure high standards of data protection and confidentiality to safeguard commercially sensitive information.
Maintaining utmost confidentiality concerning customer and internal bank information obtained during the course of business and provide such information on a need to know basis only to Senior Management of QNB, Audit and
Compliance functions, and relevant Regulators.
Maintain high professional standards to uphold QNB's reputation and to strengthen its market leadership position.
All other ad hoc duties/activities related to QNB that management might request from time to time.
Education and Experience Requirements
Bachelor’s University graduate preferably with a Major in Marketing, Banking, Finance, Accounting, Economics,
Business Administration or Information Technology (related field of study)
Minimum 8 years’ experience in active dealing room, preferably in the Gulf.
Excellent oral and written communication skills in English and Arabic (preferable).
Good knowledge of a range of derivatives and interest rate products.
Good MS Office skills (Word, Excel, PowerPoint).
Understanding hedging techniques in local currencies.
Analytical and problem solving skills.
Understanding of the local laws, regulations and practices.
Good interpersonal skills.
Must be able to work effectively under market pressures whilst maintaining