Position : Treasury Markets Manager
Company overview:
NEOM is an accelerator of human progress and a vision of what a new future might look like. A region in northwest Saudi Arabia on the Red Sea, NEOM is being built from the ground up to include hyperconnected, cognitive cities, ports, next-generation infrastructure and industries, enterprise zones, research centers, sports and entertainment venues and tourist destinations.
As a destination, it will be a home for people who dream big and want to be part of building a new model for exceptional livability, creating thriving businesses and reinventing environmental conservation.
As a workplace, it is a place for people who share our core values of care, curiosity, diversity, passion, respect, and becoming a catalyst for change.
Are you ready to help NEOM find solutions to the world’s most pressing challenges? Are you prepared to create a lasting legacy that benefits generations to come? Then we want to hear from you!
Role overview:
Responsible for overseeing execution of treasury markets activities including Interest rate risk, FX and Commodities risk management, Debt Capital Markets issuance and management.
Requirements Summary:
- Build effective framework for management of IR/FX/Commodities risk
- Trade derivatives to manage risk within pre-defined risk limits
- Build infrastructure for debt capital markets issuance
- Provide all relevant reporting on a timely basis
- Timely closure of Audit findings
ROLE COMPETENCIES & ACTIVITIES
- Engage all relevant stakeholders to understand all cash flows by currency and commodity flows, build framework around cash flows that informs risk management
- Establish framework to set board approved risk management limits and framework
- Manage the derivatives trading book across IR/FX and Commodities to ensure we meet the risk framework requirements. Manage execution alongside the Junior Trader.
- Establish risk reporting framework for the derivatives book
- Support the management of third-party funding
- Establish infrastructure for operations of debt capital markets
- Execute issuance and derivatives as pertains to capital markets
EXPERIENCE & QUALIFICATIONS
- 7 or more years of experience with large corporates or institutions
- Extensive experience in derivative trading, hedging activities and risk management in relevant industry sectors
- Experience in Sukuk and other debt capital markets issuance
- Knowledge of banking systems and processes
- Knowledge of regulatory & compliance (Preferred in KSA)
Knowledge, Skills and Experience
Post-graduation degree/diploma or equivalent in financial and management accounting and/or Finance