Summary
RAKBANK is hiring a Treasury Back Office Officer for its Fixed Income Desk in Dubai. The role covers trade validation and settlement across fixed income, equities, Repo and Reverse Repo, as well as securities lifecycle events, corporate actions and daily reconciliations. It also supports treasury accounting, regulatory reporting, audits, period-end closing, process improvement and UAT. Applicants should have 5–8 years of relevant operations experience and a bachelor's degree in a related field; ACI or CISI certification is an advantage.
The posting
As published on rakbank.ae. Pulled from the employer's site and shown as they wrote it.
At RAKBANK, we are committed to operational excellence, accuracy, and control. As an Officer – Treasury Operations (Fixed Income Desk), you will be responsible for managing treasury post-trade activities, securities settlements, reconciliations, and investment lifecycle events while ensuring strong governance, regulatory compliance, and operational efficiency.
What You'll Be Doing:
- Manage end-to-end processing and settlement of Fixed Income, Equities, Repo, and Reverse Repo transactions.
- Validate and authorize treasury transactions booked by Front Office teams, ensuring accuracy and completeness of trade details.
- Process Bonds, Sukuk, Treasury Bills, UAE M-Bills, EMTNs, and other investment securities throughout their lifecycle.
- Monitor and process coupon payments, profit distributions, maturities, redemptions, and corporate action events.
- Handle equity settlements and corporate actions including dividends, stock splits, bonus issues, and rights issues.
- Process Repo and Reverse Repo transactions, including collateral management, interest calculations, and maturity settlements.
- Ensure timely settlement and confirmation of transactions with custodians, counterparties, brokers, and clearing agents.
- Perform daily reconciliations of securities positions, custodian accounts, Nostro accounts, treasury systems, and GL balances.
- Support treasury accounting, regulatory reporting, audit activities, and period-end closing processes.
- Drive process improvement, automation initiatives, UAT activities, and operational enhancement projects.
What We're Looking For:
- 5-8 years of experience in Treasury Operations, Treasury Back Office, Securities Operations, or Capital Markets Operations.
- Hands-on experience with Bonds, Sukuk, Treasury Bills, M-Bills, Equities, Repo, and Reverse Repo products.
- Strong understanding of securities settlement, custody operations, corporate actions, and treasury reconciliations.
- Bachelor's Degree in Finance, Accounting, Banking, Economics, or a related field. ACI/CISI certification is an advantage.
What You Should Have:
- Treasury Operations & Securities Settlement
- Fixed Income & Investment Products Knowledge
- Treasury Reconciliations & Controls
- Regulatory Compliance & Operational Risk Awareness
- Process Improvement & Automation Mindset
What's In It For You:
- Gain exposure to a wide range of Treasury and Investment products.
- Work closely with Treasury Front Office, Finance, Custodians, and Market Counterparties.
- Contribute to operational excellence and automation initiatives.
- Develop expertise in securities operations and treasury settlements.
- Be part of a collaborative and high-performing banking environment.