MashreqAssistan Manager - FX/MM Settlements.Injaz - FX/ MM Settlements.Operations Group
Mashreq is hiring an Assistan Manager - FX/MM Settlements.Injaz - FX/ MM Settlements.Operations Group. Level rates it ; you can apply on Mashreq.
Level's read on this job
- Level rates this role Little AI ●○○○: aI is not part of the work.
- Tools and skills the posting cites include Swift, T24 and Dealhub.
- Level classifies it as a mid-level role.
- Level lists 420 other open roles at Mashreq.
- The role was posted within the past two weeks.
AI in this role
Validate, confirm, and settle Foreign Exchange and Money Market transactions while ensuring operational risk control.
- To validate and confirm Foreign Exchange and Money Market Product
- Ensure SSI is rightly updated and complete all payments as per the currency cutoff
- Monitor CP conditions for corporate customers related to FX trades
- Sound knowledge on CLS trade settlement system
- Perform daily payment reconciliation between booking systems and payment gateway
- Sound knowledge on SWIFT MT103/MT202/MT300 / MT320 / MT600 message types along with knowledge on
- Islamic Murabaha, Wakala, Reverse Murabaha trade validations and documentation along with commodity execution
- Daily monitoring of Nostro Outstanding items and follow-up with counterparty for delayed payments
- Perform Money Market Cashflow Monitoring, Daily Settlements and confirmation matching
- Validate all payments related to Foreign Exchange are made on correct Value Date
- Trade Validation of FX and Money Market Trades
- Monitor CP conditions for corporate customers related to FX trades
- Sound knowledge on Treasury Accounting related to FX / Money Market products.
- Perform control checks on the deal flows between T24 and DealHub
- Checking all Transmission Copies of Payments and Receipt Messages to ensure that all messages are transmitted on time.
- Sound knowledge on CLS trade settlement system
- Monitor Daily Cashflow and Payments
- prepare UAEFTS payments on a daily basis and monitor the payments Q
- Perform daily payment reconciliation between booking systems and payment gateway
- Sound knowledge on MT300 / MT320 / MT600 Confirmation along with knowledge on Matching criteria
- Ensure Zero operation loss
- Ensure full control across all products including settlements, confirmation, and payments
- Ensure daily Islamic Murabaha, Wakala, Reverse Murabaha trade validations and documentation along with commodity execution
- Process Daily Commodity transactions / Settlements / Confirmations
- Daily monitoring of Nostro Outstanding items and follow-up with counterparty for delayed payments.
- Perform Money Market Cashflow Monitoring, Daily Settlements and confirmation matching
- Process FX transactions of DVP (delivery vs payment) customers by ensuring funds are received before other ccy fund is paid out.
- Ensure margin funds received from DVP customers specific to a deal is placed internally and tracked.
- Manage gold swap product transactions executed with DGCX, within specified cutoff timing
How we rate this
Assistan Manager - FX/MM Settlements.Injaz - FX/ MM Settlements.Operations Group at Mashreq rates 10 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.
Little AI. AI is not part of the work.
- ●●●● Builds AI80 to 100
- ●●●○ Works on AI60 to 79
- ●●○○ Uses AI40 to 59
- ●○○○ Little AI0 to 39
Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.
Prepare for this job
Built from this posting and from similar jobs on Level.
Skills and AI tools this role asks for
Questions you could be asked
- Tell me about a project where foreign exchange was part of your work. What did you do?
- Tell me about a project where money market was part of your work. What did you do?
- Tell me about a project where settlements was part of your work. What did you do?
- Tell me about a project where reconciliation was part of your work. What did you do?
- Tell me about a project where cash flow monitoring was part of your work. What did you do?
Adapt your resume
- List these exact terms on your resume: Foreign Exchange, Money Market, Settlements, Reconciliation, and Cash Flow Monitoring. An applicant tracking system matches the wording, not the idea.
- Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.
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