Senior FX Trader; Treasury

About Commercial Bank

Commercial Bank, founded in 1975 and headquartered in Doha, provides personal, business, government, international, and investment services and plays a vital role in Qatar’s economic development.

• Contribute to the trading desk P&L through proprietary trading of interest rate derivatives.
• Manage open risk exposure across G10 interest rate derivatives within approved trading and risk limits.
• Monitor daily mark‑to‑market valuation of open positions.

• Support the bank’s liquidity position, ensuring adequate funding and optimal utilization.
• Assist the Money Market desk in FX swap positions with local and international banks.
• Monitor month‑end open FX positions, weekly funding requirements, and overall treasury liquidity.

• Review market developments across G10 economies.
• Provide insight on key risks and opportunities arising from market developments.

• Provide derivatives pricing and execution support for Treasury Sales to increase client turnover and revenue.
• Execute FX swaps to optimize liquidity positioning in USD.
• Ensure compliance with real‑time and high‑value payment requirements, supporting smooth settlement and cash‑flow operations.

• Support system upgrades, controls, and process enhancements, testing and whitelabelling solutions to deliver competitive client pricing and enable market‑making in selected currencies.
• Act as a key user for the Kondor treasury system, overseeing position monitoring, MTM valuation, and trade/balance reconciliation.
• Identify and resolve system and reporting gaps arising from upgrades, coordinating with internal stakeholders and external vendors.
• Contribute to treasury system enhancement initiatives, including upgrade planning, testing, and release management.

• Decisive and Analytical – make quick, well‑informed decisions under market pressure.
• Risk‑Aware – demonstrate discipline and prudence in managing interest rate derivatives risk, adhering strictly to limits and regulatory guidelines.
• Detail‑Oriented and Accurate – ensure precision in trade execution, reporting, and reconciliations.
• High Integrity and Compliance‑Minded – strong ethical standards with commitment to internal policies, AML/CTF regulations, and audit requirements.
• Resilient and Calm Under Pressure – maintain composure during volatile market conditions and urgent decision‑making.
• Collaborative and Communicative – work effectively with Treasury Sales, ALM, Operations, Risk, and Management teams; communicate clearly and persuasively.
• Proactive and Problem‑Solving – anticipate market and operational challenges; take initiative to resolve issues.
• Client‑Focused – understand client needs, deliver competitive pricing, and build strong professional relationships while maintaining risk controls.
• Technologically Savvy – comfortable using trading platforms such as Kondor, Bloomberg, FXall and support system improvements and upgrades.

Required Qualifications: Master’s degree in Finance, Economics, Mathematics / Statistics.

Required Experience: Minimum 10 years in FX Trading;
Minimum 5 years in Treasury.

• Competitive compensation and benefits that reward dedication and performance.
• A focus on employee well‑being & work‑life balance, ensuring a healthy and supportive environment.
• Opportunities for global partnerships and international exposure.
• A strong commitment to diversity, equity & inclusion, fostering a culture that values every individual’s unique perspective.