Head of Treasury

Role Purpose:

To manage, direct and set strategic objectives associated with all Treasury & Capital Markets functions and activities, so as to ensure meeting the Corporation’s objectives/ targets related to Treasury mandates, mainly : effective & timely management of Funding & Liquidity of overall Balance Sheet operations, proactive management of various Treasury investment portfolios, and management of market risks associated with overall Balance Sheet activities - in line with approved yearly Budgets & Medium Term Business Plans, and within Treasury guidelines, procedures & limits approved by Top Management & Board of Directors - in addition to having a main role towards meeting/achieving the Corporation’s financial and credit status objectives; in terms of Funding mix, Liquidity, Leverage, Capital Adequacy, Asset/ Liability Profile, Profitability, and Credit Rating.

Key Activities:

• Ensure successful implementation of TAEF's Funding Strategy approved by senior Management & the Board of Directors, and further diversify the Corporation’s overall funding base in terms of geographies, counterparties, products,

tenors and sectors, both conventional & Islamic, executing term financing, as well as debt capital markets funding programs.

• Manage TAEF's overall funding & liquidity book to adequately and timely meet core business and overall balance sheet funding requirements for both current and future growth. This includes both short-term and medium-term needs.
• Manage and maintain a high-quality investment portfolio, including fixed income, fixed income mandates, and externally managed funds & SMA’s equity investments, within the parameters approved by TAEF's Board of Directors, ensuring a stable, reliable source of income for TAEF, not correlated to core business lines.
• To deliver on set income targets and come up with innovative solutions to exceed targets in line with the strategy and risk appetite of the entity.
• To establish & drive growth of a corporate sales business by advising structured solutions for corporations & institutions in areas of FX, derivatives, options, and structured solutions.
• Ensure efficient and smooth operation of TAEF’s Bahrain Banking Branch, in compliance with the Central Bank of Bahrain’s regulations.
• Proactive management of the market risks related to overall Balance Sheet activities, mainly Liquidity, interest rate, and foreign exchange risks, ensuring various risks are quantified & assessed under different market stress testing scenarios, and managed within the defined/approved Board of Directors’ guidelines/policies

Education and Certification Minimum Requirements :

1. An MBA or postgraduate degree in finance/economics from a reputed institution
2. A seasoned professional with over 15 years of experience related to Treasury & Capital Markets