About the job

- To validate and confirm Foreign Exchange and Money Market Product

- Ensure SSI is rightly updated and complete all payments as per the currency cutoff

- Monitor CP conditions for corporate customers related to FX trades

- Sound knowledge on CLS trade settlement system

- Perform daily payment reconciliation between booking systems and payment gateway

- Sound knowledge on SWIFT MT103/MT202/MT300 / MT320 / MT600 message types along with knowledge on

- Islamic Murabaha, Wakala, Reverse Murabaha trade validations and documentation along with commodity execution

- Daily monitoring of Nostro Outstanding items and follow-up with counterparty for delayed payments

- Perform Money Market Cashflow Monitoring, Daily Settlements and confirmation matching

- Validate all payments related to Foreign Exchange are made on correct Value Date

- Trade Validation of FX and Money Market Trades

- Monitor CP conditions for corporate customers related to FX trades

- Sound knowledge on Treasury Accounting related to FX / Money Market products.

- Perform control checks on the deal flows between T24 and DealHub

- Checking all Transmission Copies of Payments and Receipt Messages to ensure that all messages are transmitted on time.

- Sound knowledge on CLS trade settlement system

- Monitor Daily Cashflow and Payments

- prepare UAEFTS payments on a daily basis and monitor the payments Q

- Perform daily payment reconciliation between booking systems and payment gateway

- Sound knowledge on MT300 / MT320 / MT600 Confirmation along with knowledge on Matching criteria

- Ensure Zero operation loss

- Ensure full control across all products including settlements, confirmation, and payments

- Ensure daily Islamic Murabaha, Wakala, Reverse Murabaha trade validations and documentation along with commodity execution

- Process Daily Commodity transactions / Settlements / Confirmations

- Daily monitoring of Nostro Outstanding items and follow-up with counterparty for delayed payments.

- Perform Money Market Cashflow Monitoring, Daily Settlements and confirmation matching

- Process FX transactions of DVP (delivery vs payment) customers by ensuring funds are received before other ccy fund is paid out.

- Ensure margin funds received from DVP customers specific to a deal is placed internally and tracked.

- Manage gold swap product transactions executed with DGCX, within specified cutoff timing