​

Key responsibilities

• Carry out deal validation and settlement following deal payment procedures.

• Perform the back office function of Treasury Bills, Bonds and other securities including reconciliation.

• Receive offshore bank statements on a daily basis and forward balances to DTC and Treasury Department.

• Follow up and resolve outstanding Nostro and BOU items.

• Submit to supervisor monthly reconciliations for Treasury Bills, Money Markets, Bonds and any other securities that may be held in the Treasury Back Office.

• Monitor counter party and dealer limits and ensure that there are no breaches.

• Carry out routine reconciliation and update of static data for both Quantum and INNOVA systems

• Confirm and process all custody payments/instructions as received from authorized parties.

• Support clients’ Central Securities Depository (CSD) account opening prior to performing all the necessary KYC verifications.

• Verify and process bank/customer securities (Government T-Bills & Bonds) instructions in CSD and the bank’s core banking system.

• Match outgoing against incoming deal confirmations and raise discrepancies with counterparties.

• Support the business function in custodial reporting

• Ensure that both outgoing and incoming payments in respect of deals are settled on time

• Claim interest from counter parties who delay to make good their obligations

• Reconcile and update Forex rates in IGOR

• Perform end of day reconciliations to ensure all the day’s transactions are correctly reflected in the core banking system.

• Manage and resolve customer queries and complaints (both under Treasury and Custodial services)

• Perform any other duties that may be assigned from time to time by management.