Treasury Dealer job description

About the job

We are looking for a treasury dealer to carry out the bank's foreign exchange and money market deals within approved limits and manage daily liquidity to meet the needs of the bank and its customers.

Duties and responsibilities

• Buy and sell foreign currency with other banks and the Central Bank of Libya at the approved rates and within the approved limits
• Manage daily foreign currency positions and keep them within approved limits
• Place surplus liquidity short-term in Shariah-compliant money market instruments such as interbank murabaha
• Monitor daily liquidity and expected cash flows, working with branches and departments
• Cover customers' foreign currency needs for letters of credit and transfers
• Follow exchange rates and market conditions and prepare daily reports for management
• Record deals in the system, confirm them with counterparties and match them with the back office
• Follow the Central Bank of Libya's instructions, risk limits and the dealing room code of conduct

Working conditions

• Working against the clock during market hours

Requirements

• Bachelor's degree in banking and finance or economics
• 3 to 6 years of experience in bank treasury operations

The years of experience follow the level you choose when posting.

Skills

• Foreign exchange operations
• Money markets
• Bank liquidity management
• Trading systems
• Market data platforms
• Islamic money market instruments
• Exchange rate analysis
• Accuracy

Preferred

• The ACI Dealing Certificate
• Experience with letters of credit and international transfers
• Good English for dealing with correspondent banks