Dubai Islamic Bank
Treasury Operations Supervisor
September 2012 — Present
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Treasury Operations Supervisor at Dubai Islamic Bank
•Receiving and checking all Treasury transactions prior to execution. (UAE, Qatar, Bahrain And Yemen).
•Execute all Treasury transactions and settlements accurately within time limit.
•Arrange with treasury department to obtain necessary approvals when needed.
•Verifying deal confirmations against counterparty’s confirmations and following up on unmatched and mismatched confirmations with Treasury Dept. and counterparties to rectify any discrepancies.
•Input currency rates on system and ensure providing it to all concerned parties on daily basis.
•Following up all pending amounts and cases.
•Managing and Following up Nostro and Vostro accounts.
•Providing dealing room with Daily Opening Balances.
•Checking FX, MM and Islamic deals (Murabaha).
•Using SWIFT for Banking Communications, confirmations and enquiries.
•Data Entry for deals (FXS, FXF, MM and Islamic deals) to AS400 (Internal System).
•Handling Swap Deals and Interest Rate Swap deals and their related Reconciliation Entries.
•Preparing Central Bank and other bank's investments settlements and payments.
•Preparing daily Funding sheet And Cash Flow Report.
Provision of support and processing to business across Arab Bank on all operational and aspects to ensure efficient and effective business.
•Lead and control team in charge of all aspects of Remittances (outward and inward in all currencies).
•Day-to-day management of all operational functions related to remittances.
•Devised strategies to consistently improve processes, support challenging organizational objectives, and meet requirements of service level agreements.
•Oversee the operations of cash nostros and functions that have impact on treasury related to remittances.
•Ensure that all open un-reconciled items are closely managed with zero outstanding ageing in our Nostro and Vostros Accounts.
•Supervise and cross-train the operational staff resulting in improved career path opportunities and enhanced coverage during scheduled and unscheduled absences.
•Prepare quality improvement projects for improving process, reducing cycle time and improving customer satisfaction.
•Foster 90% achievement of Vital Few measures across Arab Bank through close monitoring and initiate timely corrective actions plans.
•Monitor customer inquiries/complaints and achieve 90% resolution for it.
•Responsible for exercising due diligence in ensuring there is no money laundry and accommodation transactions and responding to customers enquiries and complaints.
•Define the proper New Application parameters required by business units in coordination with the Vendors & the technology team.
•Test the Parameter Values to the Core Application in co-ordination with the technology team.
•Participate in determining the goals of the department.
•Receiving the TTs applications from the branch throw the work flow system.
•Reviewing the legality of the applications.
•Handling all types of MTs used in G.F.T.U (103,202,199,999,299,191).
•Processing outward/inward fund transfer.
•Responsible for prepare cumulative productivity.
•Coordinating with treasury department for the total cash out/ inflow.