Compliance and Risk Manager

5 days ago


Jeddah, Makkah Province, Saudi Arabia Arab National Bank Full time

About the Position

The Treasury Manager at Arab National Bank is a key member of the company's finance team, responsible for managing the company's treasury functions, including cash flow management, funding, and investment. This role requires a strong understanding of banking and finance principles, as well as excellent communication and relationship-building skills.

Responsibilities

  1. Cash Flow Optimization
    ANALYZE CASH INFLOWS AND OUTFLOWS TO IDENTIFY OPPORTUNITIES FOR OPTIMIZATION AND DEVELOP STRATEGIES TO MINIMIZE BORROWING COSTS.
  2. Funding Options
    NEGOTIATE WITH BANKS TO SECURE COMPETITIVE FUNDING RATES AND TERMS, AND EXPLORE ALTERNATIVE FUNDING OPTIONS TO SUPPORT BUSINESS GROWTH.
  3. Risk Mitigation
    IDENITFY POTENTIAL RISKS TO THE COMPANY'S TREASURY OPERATIONS AND DEVELOP MITIGATING STRATEGIES TO MINIMIZE THEIR IMPACT.
  4. Stakeholder Engagement
    BUILD AND MAINTAIN STRONG RELATIONSHIPS WITH BANK REPRESENTATIVES, SUPPLIERS, AND OTHER STAKEHOLDERS TO ENSURE SMOOTH EXECUTION OF TREASURY TRANSACTIONS.
  5. Performance Metrics
    PREPARE REGULAR REPORTS ON TREASURY PERFORMANCE, ANALYZING TRENDS AND PROVIDING RECOMMENDATIONS FOR IMPROVEMENT.

Requirements

TO BE SUCCESSFUL IN THIS ROLE, YOU WILL NEED A MINIMUM OF 7 YEARS' EXPERIENCE IN TREASURY MANAGEMENT, PREFERABLY IN AN INTERNATIONAL FMCG COMPANY. A BACHELOR'S DEGREE IN ACCOUNTING, FINANCE, OR MBA IS REQUIRED. FLUENCY IN ENGLISH AND ARABIC (READ, WRITE, SPEAK) IS ESSENTIAL, AS IS THE ABILITY TO ESTABLISH NEW RELATIONSHIPS AND MANAGE/Maintain EXISTING ONES.



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