FX Dealing Officer

1 day ago


Muscat, Muscat, Oman National Bank of Oman Full time
Key Responsibilities

As a key member of the dealing team, you will be responsible for managing foreign exchange customer/inter-bank cover and money market operations. This includes arranging special foreign exchange rates for branches and customers, performing cover operations, and maintaining currency balances in nostro accounts.

Key Tasks:

  • Arrange approval for special foreign exchange rates for branches and customers & perform cover operations for foreign exchange for business reported from branches and Corporate sales desk within the Bank's dealing guidelines and market risk mandate.
  • Follow up on branch and other internal customer enquiries
  • Assist Treasury Sales desk to interact with customers on their treasury/foreign exchange needs
  • Manage through swaps/placements and funds transfer, the balances in the respective currencies single or multiple nostro accounts
  • Maintain CBO balances for Rial Omani money market, to achieve the required reserves and deploy the surplus efficiently. Optimize lending ratio management
  • Follow the dealing process as laid down in the Treasury Front office manual.
  • Ensure regulatory and internal compliance including dealers' code of conduct for the area of his operation.
  • Advise and give feedback to Head Inter-Bank FX/MM and ALM & Head Treasury of changes/improvements warranted in the dealing procedures
  • Deal within unexpired and valid counter-party (customer & inter-bank) limits and open position limits for currencies
  • Provide input to the Head – Interbank FX/MM and ALM and Head – Treasury for development of the annual divisional budget
  • Assist Head – Interbank FX/ MM and Head – Treasury in any assignment as and when required


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