Treasury Risk Officer

The Treasury Middle Office Officer is responsible for the independent measurement, monitoring, and control of treasury-related risks, ensuring all treasury activities remain within the Bank's approved risk appetite, limits, and SBP regulatory requirements.The role provides objective oversight over market and liquidity risks and acts as a key control function between Treasury Front Office execution and Treasury Back Office settlement.

Key Responsibilities

Market Risk Monitoring:

• Independently monitor FX, interest rate, and investment exposures
• Calculate and monitor:
• Net Open Position (NOP)
• FX position limits
• Sensitivity measures (e.g., interest rate gaps)
• Perform independent mark-to-market (MTM) valuations
• Review daily P&L and investigate unusual movements
  
  

Liquidity Risk Monitoring:

• Monitor liquidity risk metrics including:
• Liquidity Coverage Ratio (LCR)
• Net Stable Funding Ratio (NSFR)
• Maturity mismatch and cash flow gaps
• Review daily funding and liquidity positions
• Monitor compliance with internal liquidity limits and SBP requirements
  
  

Limit Monitoring & Controls:

• Ensure treasury transactions comply with:
• Approved risk appetite
• Board and ALCO-approved limits
• SBP regulatory thresholds
• Identify, investigate, and escalate limit breaches
• Maintain limit frameworks and support periodic limit reviews
  
  

Stress Testing & Scenario Analysis:

• Conduct regular market and liquidity stress tests, including:
• FX shocks
• Interest rate movements
• Liquidity stress scenarios
• Analyze stress test results and recommend mitigating actions
• Support Contingency Funding Plan (CFP) development and review
  
  

Reporting & Governance:

• Prepare risk reports for:
• ALCO
• Senior Management
• Board Risk Committee
• Provide commentary on market movements and risk trends
• Undertake internal risk assessments
  
  

Policy, Compliance & Audit Support:

• Support development and maintenance of:
• Market Risk Policy
• Liquidity Risk Policy
• FX Risk Appetite statements
• Ensure compliance with SBP circulars and guidelines
• Support internal, external, and SBP audits and examinations
• Maintain proper documentation and audit trails
  
  

Requirements

Education

• Bachelor's degree in Finance, Economics, Accounting, or related field
• Professional certifications (CFA, FRM, PRM - part or fully qualified) preferred
  
  

Experience

• 4-5 years of direct experience in Treasury Middle Office / Market & Liquidity Risk
• Hands-on experience in:
• FX and money market risk monitoring
• Liquidity risk metrics and reporting
• Limit frameworks and risk controls
• Experience in a bank or regulated financial institution is mandatory4. Technical & Functional Skills
• Strong understanding of:
• Market risk and liquidity risk frameworks
• Basel III liquidity standards
• SBP regulatory expectations
• Familiarity with:
• Treasury Management Systems (TMS)
• Core banking systems
• Risk and ALM tools
• Strong analytical, data interpretation, and reporting skills
• Advanced MS Excel skills; experience with dashboards is an advantage