Associate - Treasury & Investment Operations

About Commercial Bank Of Qatar
Commercial Bank, founded in 1975 and headquartered in Doha, plays a vital role in Qatar’s economic development by offering a range of personal, business, government, international and investment services.

Commercial Bank, founded in 1975 and headquartered in Doha, plays a vital role in Qatar’s economic development by offering a range of personal, business, government, international and investment services. We believe in empowering our employees, providing them with opportunities for growth and professional development. By Joining us, you’ll be part of a workplace culture that fosters innovation, supports work-life balance, and encourages you to reach your full potential.

Join us in shaping the future of banking!

The purpose of this role is to handle the activities done by Treasury and Investment Operations team and perform all activities relates to Validation, Trade processing, Settlements & reconciliation.

Treasury & Investments

• Review Deal Tracker tool for deal conversation and act on trade related conversation as per SoP
• Review incoming emails and take necessary action on trade related emails sent by TFO/CP as per SoP
• Review & verify if all deals captured in Treasury Trading system are matching the Deal Tracker/Trader Email/CP E-Platform tickets & Bloomberg tickets. Identify deals that are not captured by TFO, or duplicates, or unauthorized deals and report to senior validator, in addition to taking necessary corrective action. Ensures that all transaction concluded at Treasury unit are reconciled and settled on time without any error as per SoP
• Prepare SWIFT messages for all manual payments/confirmations & Free Format message and send to verifier and ensure SWIFT messages are released before cut-off times
• At EOD, confirm the start of day/end of days conversations numbers
• Review FOBO breaks and resolve by posting necessary entries
• Collateral management for specific products to be actioned as per SOP
• Review Bond and Repo trades and process them as per SOP
• Ensure Daily Kondor reports are reviewed and highlight any miss/errors to relevant stakeholder
• Identify areas/process for improvement, document them and submit to senior validator/line manager with action plan. A proactive approach is to be taken in identifying and utilizing internal resources with assistance taken from line manager only where applicable. Assist with UAT on process/system changes, or as required by internal policy
• Monitor all incoming email and ensure all queries are responded same day. Ensure relevant SOP's and checklists are kept updated at all times. By means of selective checks, ensure that activities as documented in SOP and checklists are implemented and followed at all times. Provide timely responses on open Audit items, and take these to closure within agreed timeframe.
• Reconcile all related suspense/GL accounts in FIS application with frequency and ensure that all receivables and payables are accounted for in the reconciliation statement. Support any ad-hoc requests from Line manager or from other areas of the bank.

Requirements

• Knowledge of Investment Banking Operations
• Knowledge of Treasury & Investment Products like FX, MM, Bonds, Repo, Derivatives etc.
• Ability to collaborate and communicate effectively
• Ability to work under pressure
• Both Arabic & English speaking preferred
• MS Office
• Required to work on Fridays & Public holidays

Required Qualifications

Bachelor's degree in Finance or equivalent

Required Experience

2 - 5 years of relevant experience.

Internal

Treasury FO, MO, Market Risk, RMs, Finance & Internal departments of the Operations team

External

Counter party Banks & Corporate Customers

• Best Digital Bank in the Middle East 2024 by World Finance and Best Mobile Banking App in the Middle East 2024 by Global Finance.
• An Innovation-Driven, Digital-First Environment where employees work with the latest tools and technologies to redefine banking
• Opportunities for Global Partnerships & International Exposure, connecting employees with global networks and perspectives.
• A focus on Employee Well-being & Work-Life Balance, ensuring a healthy and supportive environment for all team members
• Competitive Compensation & Benefits that ensure our employees are rewarded for their dedication and performance
• A strong Commitment to Diversity, Equity & Inclusion, fostering a culture that values every individual’s unique perspective.

At Commercial Bank, we don’t just offer careers, We shape futures by pioneering digital transformation in Qatar’s banking sector, blending digital-first approach to redefine banking through innovative solutions.

Disclaimer

We appreciate your interest in joining CBQ! Please note that only selected candidates will be contacted for further steps in the hiring process. This job posting is for informational purposes only, and CBQ reserves the right to modify, withdraw, or close it at any time without notice.