Treasury Manager

Job Description : Treasury Manager Emirates Group About the job We are looking for a Treasury Manager , Risk to deliver efficient Banking operations as appropriate for Emirates Group’s volume, complexity, and geographic spread, with a focus on the following areas: Mobilise and invest funds at HO & Outstations profitably and on prudential norms Exchange Group’s substantial foreign Currency requirements at the most competitive rates Ensure efficient design and maintenance of process controls and governance around Banking Operations Provide Hedge Solutions across the market risk spectrum of Emirates Group. Job Accountabilities: Establish and back test models to effectively assess and manage hedge strategies to movements in foreign currencies, interest rates and fuel prices, thereby managing volatility of the Group’s profitability as governed by the Corporate Treasury (CT) Policy. Challenge and validate quantitative hedge proposal models from banks. Conduct on-going research of best practice consumer hedge strategies and products in financial markets and brief to senior management. Recommend to CT senior management appropriate strategies on hedging and spot positions and engage them to influence programme performance to mitigate impact on Group’s financial performance. Scope and run independently scenario analysis to stress test the companies hedge portfolio as well as the unhedged exposure components with the aim to simulate Balance sheet impacts of respective market scenarios. Calculate and maintain the Groups target Value at Risk (VaR). Track and validate hedge accuracy of forecasts against actuals. Recommend and drive amendments to the forecasts and structures to CT senior management.- Being an advanced user of Bloomberg Terminal, Excel Plugin, you champion its application by maximizing efficiency gains and analytical insight for the wider Treasury realm of Emirates Group. Support CT senior management in conducting ad-hoc quantitative market risk exposure analysis required as per the prevalent market situation, which combines financial market and product knowledge with fundamental macro economical forces. Conceptualise the monthly, quarterly, and other periodic MIS and analyses of market insofar as they may affect the Group’s exposure with regards to investment portfolio (HO & Outstations) as well as FX Spot business to keep all stakeholders informed and facilitate decision making in the areas of investments and spot conversion. In particular, provide focus on network-wide cash balances, overseas remittances, counter party credit risks, repatriation issues, interest income/cost and any other exceptional developments.

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