Treasury Associate

Role Summary:

The Treasury Associate will be responsible for supporting the Treasury Manager in daily funding, pricing, and dealing activities — including managing liquidity, prefunding, settlements, and rate adjustments. The role also involves coordinating with partner banks and closely monitoring fund positions and forex market movements to ensure optimal execution and efficient treasury operations.

Responsibilities:

• Monitor and manage the positions of the correspondent banks/partners closely, ensuring sufficient liquidity to meet business needs

• Monitor forex markets and executes the deals so that transactions flow seamless

• Coordinate with banks and financial institutions to negotiate rates and maintain strong relationships

• Monitor daily cash positions across all remittance partner accounts.

• Ensure adequate prefunding with partners and settlement accounts to meet operational and regulatory requirements.

• Manage short-term funding requirements through internal credit lines or external sources.

• Track currency balances (AED/USD/other currencies) and optimize liquidity deployment.

• Coordinate daily settlements with remittance partners, financial institutions, and payment gateways.

• Identify and escalate discrepancies or delays in fund settlements.

• Prepare daily and weekly treasury MIS reports, including fund position, prefunding status, and utilization summaries.

• Monitor FX positions and assist in tracking FX margins, burn rates, and profitability.

• Support management with ad-hoc financial and liquidity analysis.

Requirements:

Education & Experience

• Bachelor’s degree in Finance, Accounting, Economics, or a related field (Master’s degree or professional certification such as CFA, FRM, or CTP is a plus).
• 2–4 years of experience in treasury operations, remittance, or banking/fintech environments.
• Exposure to foreign exchange markets, fund management, or cross-border settlements preferred.

Technical Skills

• Strong understanding of treasury operations, liquidity management, and FX dealing.
• Proficiency in MS Excel and familiarity with treasury management systems (TMS) or banking portals.
• Ability to interpret and analyze FX rates, market movements, and fund flow reports.
• Knowledge of SWIFT payments, cross-border settlement flows, and Nostro/Vostro account reconciliation is desirable.

Behavioral Competencies

• High level of accuracy, attention to detail, and analytical mindset.
• Strong communication and coordination skills for liaising with internal teams and external banking partners.
• Ability to work in a fast-paced environment, managing multiple priorities under tight timelines.
• Ethical, reliable, and committed to maintaining confidentiality and compliance standards.