• CBK Bank Careers | Assistant Manager - Treasury Operations

    CBK Bank Careers | Assistant Manager - Treasury Operations

    Location: Kuwait City, Kuwait
    Published:

    Job Description

    the Commercial Bank of Kuwait - CBK is currently seeking to hire an Assistant Manager - Treasury Operations

    Duties and Responsibilities

    Your main responsibilities in this role include the following:

    • Monitor Treasury Operation Department and ensure prompt settlement of transactions concluded by Treasury, Investment Department, International Banking Division and Private banking. Ensure error-free processing to avoid loss to the bank.

    • Loans & Deposits, Foreign Exchanges, Treasury Bills & Bonds, Nostro Funding Derivatives (Options, Forward Rate Agreement-FRA, Interest Rate Swaps-IRS, etc.) and Certificate of Deposits.

    • Equities, Bonds, Floating Rate Notes-FRN, Funds participation and Private placements.

    • Corporate Client’s private investment in Global Equities and Funds through Intermediaries.

    • Resolve problems related to all transactions undertaken by Treasury Operations mainly payment defaults by counterparties.

    • Authorize payment of brokerage, Bank’s commission charges and custody fees.

    • Monitor Nostro accounts overdrawn balances and justify charges levied.

    • Authorize update of O/D interest rates, received from treasury, in the Host.

    • Authorize issuance of Certificate of Balances to the clients.

    • Review Investment Trades and ensure appropriate management approvals are obtained prior to release of payment.

    • Preparation and control of department’s yearly budget.

    • Maintain Service Level Agreement (SLA) with internal clients.

    • Review and help respective departments to evolve procedure for new Treasury products.


    Job Requirements

    • Thorough knowledge of general banking and accountancy.

    • Good knowledge of wholesale market settlement process and business standards.

    • Good products knowledge.

    • Evaluation capability and quick decision making ability.

    • Meticulous checking and verification skills to ensure 0% error.

    • Excellent in figure works.

    • Excellent correspondence skills.

    Job Details

    Company/Organization: Commercial Bank of Kuwait - CBK

    Employment Type: Full-time Job

    Job Location: Kuwait City, Kuwait

    Application Deadline: N/A

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