Head - Treasury Strategy Support - Bank

Head of Treasury Strategy Support for one of the top 3 banks in Saudi Arabia

Employment title - Head of Treasury Strategy Support

Location: Riyadh, Saudi Arabia

Department - Treasury

Typically reports to - Treasurer and dotted line to EVP - Treasury & Investments

Job Responsibilities:

- Provide overall leadership and direction for the Treasury Statregy Support unit. Oversee and ensure integrity of financial, sales and other analysis produced by staff.

- Oversee the development of business and marketing strategies and plans including revenue and profitability objectives, key performance measures and capability requirements.

- Develop strategic plans, budgets and business plans for T&I division. Act as a budget office if required.

- Facilitate business development to increase overall Treasury revenues through sales and strategy analysis, customer segmentation and identifying cross sell opportunities.

- Oversee market research activities. Track overall sales and service performance of Treasury via performance measurement. Manage against customer focused metrics.

- Provide insight into product development. Assist the Treasurer in preparing and making recommendations to ALCO/Board on new product proposals and Treasury related issues.

- Monitor Finance performance reports for each Treasury book. Participate in the annual budget process and ensure reconciliation with Finance's published figures on a monthly basis comparing actual to budget by book.

- Liaise with Treasury Back Office, Financial Risk Management, System Support and other departments on Treasury related issues including system development and implementation, reporting, etc.

- Represent Treasury on various committees and work with consultants to implement strategic projects.

- Administer and act as the main driver of the Treasury Task Force Committee to coordinate meetings, write minutes, set agenda, and follow up on action items.

- Review analysis of market, credit, liquidity, operational and compliance risk in treasury products and investment portfolios including Trading strategy, portfolio, position, limit and scenario risk analysis.

- Act as a Divisional Compliance and Risk Officer to ensure compliance with SAMA and other regulatory requirements.

- The Job holder is obliged to abide by any additional instructions provided by his Manager with respect to the scope of work.

Educational Qualifications:

Master's Degree in Finance and Business Administration with additional qualifications such as CA, CFA, etc.

Professional Experience:

Minimum 15 years financial services experience out of which 10 years should be in Treasury middle office/risk management

Personal requirements:

- Extensive knowledge of treasury and capital market products

- Good knowledge of International Accounting Standards

- Good knowledge of market, credit, liquidity, operational and compliance risk management

- Good knowledge of SAMA and Regulatory Standards

- Knowledge of strategic planning and forecasting

- Knowledge of marketing and sales

- Knowledge of Bank Operations

- Good leadership and management capability

- Excellent communication (both written and verbal) and presentation skills

- Language proficiency - English (compulsory) , Arabic (desirable)

- Strategic thinking

- Superior Analytical skills

- Team player

- Proficient in the use of windows

- Out of the box thinking

- Good accounting and numerical skills

Candidates should send their resume with their current and expected CTC