Job Description
Alahli Bank of Kuwait - ABK is currently recruiting for the role of Money Market Dealer
Handle ABK and client money markets activities to optimise profit within risk parameters.
Duties and Responsibilities
Your main responsibilities in this role include the following:
People Management Supervise employees and the team in line with people policies & practices. Communicate operational procedures.
Dealing Deal in local and international markets to secure best pricing and optimise profitability
Liquidity Management Manage bank (Kuwait, UAE and Egypt) regulatory liquidity ratios (LDR, LCR, and NSFR) to comply with CBK and Bank policy.
Cash Management: Manage bank (Kuwait, UAE and Group) cash liquidity Gap buckets, optimize funding from Treasury Customers to achieve multiple goals including
(a) stagger maturity dates to avoid bunching
(b) reduce COF
(c) Ensure diversification of bank wide deposit base to reduce concentration .
Quotations Provide quotations to corporates to ensure enhanced volumes and profitability
Daily rates Manage the updating and communication of money markets rates to optimize volumes and profitability
Money market positions Handle money market positions through market transactions
Transaction settlement Handle transactional processes to ensure accurate, effective settlement
Reporting Produce internal and external reports in line with regulations and internal requirements
Job Requirements
Bachelor's Degree or Equivalent Certification/Experience in Finance
4 years of post-qualification experience in Treasury
Knowledge of dealing techniques and practices
Knowledge of compliance and risk management
Job Details
Company: Alahli Bank of Kuwait - ABK
Employment Type: Full-time
Job Location: Al Asimah, Kuwait
