Financial Markets Dealer
6 days ago
The successful candidate will be responsible for managing foreign exchange customer/inter-bank cover and money market operations, including arranging special foreign exchange rates for branches and customers, performing cover operations, and maintaining currency balances in nostro accounts.
Main Accountabilities:
- 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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