Assistant Manager - Treasury and Investment Operations

About Commercial Bank Commercial Bank, founded in 1975 and headquartered in Doha, plays a vital role in Qatar’s economic development by offering a range of personal, business, government, international and investment services. We believe in empowering our employees, providing them with opportunities for growth and professional development. By Joining us, you’ll be part of a workplace culture that fosters innovation, supports work-life balance, and encourages you to reach your full potential. Join us in shaping the future of banking! Job Summary To manage and oversee the day-to-day processing, settlement, reconciliation, and control of treasury products including Foreign Exchange (FX), Money Market (MM), Fixed Income Securities, Repo, Derivatives, and Cash Management transactions. Ensure operational excellence, regulatory compliance, risk mitigation, and timely support to Front Office, Middle Office, Custodians, Agents, and Correspondent Banks. Key Responsibilties Treasury Transaction Processing • Verify, process, and settle Treasury transactions across: • Foreign Exchange (Spot, Forward, Swap) • Money Market Deposits and Borrowings • Fixed Income Securities (Government and Corporate Bonds) • Repo and Reverse Repo Transactions • Derivatives (IRS, CCS, TRS) • Ensure timely confirmation, matching, and settlement of transactions. • Monitor settlement queues and resolve breaks proactively. • Resolve confirmation and settlement breaks. Reconciliation & Control • Perform daily reconciliation of: • Nostro Accounts • Custody Positions • Treasury GL Accounts • Securities Holdings • Investigate and resolve reconciliation breaks within agreed timelines. • Monitor aged outstanding items and implement corrective actions • Corporate Actions & Securities Operations • Process income events including: • Coupon Payments • Bond Maturities • Dividend Collections • Corporate Actions • Coordinate with custodians, depositories, and counterparties. • Ensure accurate processing of mandatory and voluntary corporate actions. Risk & Compliance • Ensure adherence to Treasury policies, operational procedures, and regulatory requirements. • Monitor settlement risk, operational risk, and counterparty exposure. • Support internal, external, and regulatory audits. • Maintain strong maker-checker controls and segregation of duties. Stakeholder Management • Liaise with: Treasury Front Office, Risk Management, Finance, Compliance, Custodians, Correspondent Banks, and Market Counterparties • Act as escalation point for operational issues and settlement failures. • Process Improvement & Automation • Identify opportunities to automate manual processes and improve efficiency. • Drive straight-through-processing (STP) initiatives. • Support system upgrades, testing, and implementation projects. • Develop operational MIS and KPI reporting. Team Leadership • Supervise treasury operations analysts/executives. • Review and authorize transactions within delegated authority. • Provide coaching, training, and performance feedback. • Ensure adequate team backup and succession planning. Process Improvement & Automation • Identify opportunities to automate manual processes and improve efficiency. • Drive straight-through-processing (STP) initiatives. • Support system upgrades, testing, and implementation projects. • Develop operational MIS and KPI reporting. Team Leadership • Supervise treasury operations analysts/executives. • Review and authorize transactions within delegated authority. • Provide coaching, training, and performance feedback. • Ensure adequate team backup and succession planning. Qualifications & Experience Required Qualifications: Bachelor’s degree in finance, Accounting, Banking, Economics, or related field. Required Experience 10+ years of Treasury Operations experience within a bank or financial institution. Hands-on Experience In FX Operations Money Market Operations Bonds & Securities Operations Repo Processing Derivatives Settlement SWIFT Messaging (MT3xx, MT54x, MT320, MT330, pacs.008, pacs.009, camt.054 etc) Knowledge of Treasury Management Systems (Kondor, Fusion etc.). Why Commercial Bank • Best Performing Bank in Qatar in The Banker’s prestigious Top 1000 World Banks Rankings 2025. • Best Digital Bank in the Middle East 2024 by World Finance and Best Mobile Banking App in the Middle East 2024 by Global Finance. • An Innovation-Driven, Digital-First Environment where employees work with the latest tools and technologies to redefine banking • Opportunities for Global Partnerships & International Exposure, connecting employees with global networks and perspectives. • A focus on Employee Well-being & Work-Life Balance, ensuring a healthy and supportive environment for all team members • Competitive Compensation & Benefits that ensure our employees are rewarded for their dedication and performance • A strong Commitment to Diversity, Equity & Inclusion, fostering a culture that values every individual’s unique perspective At Commercial Bank, we don’t just offer careers, We shape futures by pioneering digital transformation in Qatar’s banking sector, blending digital-first approach to redefine banking through innovative solutions. Disclaimer We appreciate your interest in joining CB! Please note that only selected candidates will be contacted for further steps in the hiring process. This job posting is for informational purposes only, and CB reserves the right to modify, withdraw, or close it at any time without notice. Show more Show less