Assistant Manager Treasury Operations - Islamabad - Mobilink Microfinance Bank Ltd

Description

Assistant Manager Treasury Operations

The Assistant Manager Treasury Operations plays a crucial role in ensuring the smooth functioning of our treasury operations.

Key Responsibilities:

• Daily Liquidity Position: Prepare and reconcile daily liquidity positions with the front office to ensure accurate financial reporting.
• Settlement and Accounting: Settle and account for money market deals, lending, borrowing, bank account placements, TDRs, T-bills, PIBs investments, TFC and RF borrowing markup calculation, and payment processing in coordination with the front office.
• Financial Entries: Post daily and monthly financial entries in T24 and Oracle.
• Record Maintenance: Maintain records of all investments, placements, TDRs, etc.
• Transaction Preparation: Prepare all transactions and vouchers relating to the Treasury function, including CRR and SLR, for daily replenishments of funds in SBP, along with Raast requirements.
• Schedule Maintenance: Maintain schedules of investments and placements for their monthly accruals and postings in T24 and Oracle.
• SBP-related Tasks: Perform SBP-related tasks for all kindly invested maturities on due date, including confirmation of PD price from counterparty banks.
• Deal Confirmations: Coordinate with counterparties, i.e., banks, brokers, head office, and SBP, regarding Treasury deal confirmations.
• Account Confirmation: Quarterly, semi-annually, and annually confirm bank accounts, including SBP.
• Processing and Preparation: Process and prepare SGL, CP Confirmation, Settlements Instructions, Advice, Income / Expense, Accrual of PIBs MTBs TFCs/PPTFCs/Sukuk, Income Schedules of PIBs, MTBs, TFCs/PPTFCs/Sukuk, Repo Reverse Repo Dates, Summary of Capital Gain/(Loss).
• Treasury Operations: Schedule maintenance, Treasury-related GL reconciliation, Issuance of payment instructions.
• Accuracy and Proficiency: Maintain an up-to-date record of all transactions and payment instructions with accuracy and proficiency in financial systems.

Requirements:

• Negotiation and Communication Skills: Strong negotiation and communication skills are essential for this role.
• Experience: Experience in preparing daily liquidity positions and reconciling with front office is required.
• Knowledge: Knowledge in settlement and accounting of money market deals and various financial instruments is necessary.
• Financial Systems: Proficiency in financial systems such as T24 and Oracle is required.
• Accuracy: Ability to maintain accurate records and prepare relevant financial documents is essential.

Job Location:

Mobilink Microfinance Bank Ltd. is a leading microfinance bank operating across Pakistan with over 100 branches and 200,000 branchless banking agents. We provide a range of financial services to our customers, including savings, micro enterprise loans, small housing loans, remittances, collection, mobile wallets, insurance, G2P, B2B & B2P payments, and more.

Salary:

The salary for this position is Rs. 120,000 - Rs. 180,000 per month, depending on experience.