BBK (Bank of Bahrain and Kuwait)
Kuwait City, KuwaitPosted 6 days ago
Job Purpose Management of daily money desk operation and accounting for investment securities, wholesale liabilities, deal in currencies within the limits allotted by the bank and contribute to achieving the targets. Responsibilities Target achievement • Generating profit and revenue through the execution of client orders as well as through the hedging of client positions • Contact banks and brokers daily to collect interest rates and investing accordingly to maximize the return of the portfolio. Treasury Deals • Quote foreign currency buying and selling rates to clients. • Ensure that trading desk is complete, on time and maintained while making sure that market and execution risk is dealt with according to policies. • Servicing of Corporate Treasury sales pricing / structuring requirements and risk management of resultant positions. Money Market Deals • Management of bank daily liquidity position • Maintain the bank's investment portfolio accounting system • Investing excess cash balances to maximize returns. • Perform fundamental analysis in order to evaluate the creditworthiness of each issuer and assess relative value. Deposits and Loans • Inter-bank borrowing and lending of deposit and loans. Quote deposit and loan rates to corporate customers both local and international as per rules. Foreign Currencies • Inter-bank dealing and trading foreign currencies. Qualifications Education and Experience: • Bachelor's degree in Economics, Finance or any related field; Professional Certificates will be an advantage. • At least five years of experience in FX and Money Markets. Show more Show less
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Get my free matchesAED 90k–143k a month· est.