Specialist FXMM Confirmations Full-time Job

2 weeks ago   Others   Abu Dhabi   20 views Reference: 27380
Job Details

JOB PURPOSE:

To ensure FX/MM/Islamic products deals have captured correct details and settlement instructions, counterparty confirmations have matched with our deal details thus enabling error free settlement of all deals in a timely manner to prevent any loss/penalty to the Bank.

To ensure deal details of all deals are matched through electronically established confirmation matching system - Matcher manager/Misys/ FXall or to ensure all received document confirmations have been checked and match with the deals in Murex.

Successfully coordinate with FX/MM Settlements team for work by preparing payments manually or post accounting entries, ensuring all deals are settled before the related currency’s cut off time

Job Context

MM/FX/ISLAMIC trade validation/ Matching and after ensuring that all deal details input by dealer are correct for entities i.e. FAB AD,FAB LONDON,FAB HONG KONG,FAB OMAN AND FAB CAYMAN etc.

Monitor and update commercial payments log sheet

Prepare MT103 in swift alliance related to treasury trades and submit to Payments team to release when needed.

Prepare MT 103/202 manually in NBADFTS when required.

Amend NBADFTS AED payments for MM/IMM maturity deposit deals

Monitor all group emails and ensure that appropriate action is taken

Monitor trades with missing SSI , prepare SSI forms, submit to RDG team and follow-up

Liaise with the dealer for any missing deal to be booked

Follow up with the trader via email/phone if the deal is booked incorrectly and for any amendment required

Monitor auto emails generated from Murex in “manual doc confirmation” email inbox and ensure that confirmations are send to relevant C/P

Check confirmations received/sent in unmatched status in “Matcher manager/Misys/ FXall/Bloomberg/ ... etc.” and send chasers when needed.

Input ADIA/FAB Cayman/FAB London CLS positions manually in Murex, When Position gets changed in HSBC NET or if required

Prepare manual confirmations when needed

Handling commercial payments by scanning settlement instructions to FX_MMpayments@bankfab.com via email

Ensure that trade validation and Matching queues in MUREX are clear at EOD

Ensure that swift modification queues are clear at EOD for all entities i.e. FAB AD,FAB LONDON,FAB OMAN,FAB HONG KONG and FAB CAYMAN

Prepare Islamic confirmations – both swift and document format

Validate /Match payments from Murex after checking status in “Matcher manager/Misys/ FXall/Bloomberg/HSBCNet ... etc.”

Verify signatures in Intellect and T24 when needed

Liaise with GM, Clients and other GMO desks, any other department/branch in the bank

Liaise with Investigations team for any customer query

Take part in all shifts (5AM till 9 PM) duty as required and prepare the shift schedule for the teams.

Support AVP & Manager with all requirements, such as reporting/QPR update/SOP/KRI/Audit/STP report/Capacity/KPI … etc.

Manual posting of Intellect/T24 entries when required.

Company Description
FAB, the UAEs largest bank and one of the worlds largest financial institutions offers a an extensive range of tailor-made solutions, and products and services, to provide a customised banking experience. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises.
Headquartered in Abu Dhabi, in Khalifa Business Park, the banks international network spans over 19 countries, across the world, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad. In line with its commitment to put customers first, to Grow Stronger, FAB will continually invest in people and technology to create the most customer-friendly banking experience and will support the growth ambitions of its stakeholders across the global network in which the bank operates.
To empower its customers and clients to Grow Stronger, FAB is initiating a powerful movement, which goes beyond banking. The Grow Stronger movement represents the banks promise to support its stakeholders goals and growth ambitions, providing ideas, tools and expertise to help them become stronger, today and in the future. Through a strong, diversified balance sheet, leading efficiency and a solid corporate governance structure in place, FAB is set to drive growth forward.