Analyst Islamic Transaction Operations

You will be pivotal to the team in ensuring that the day to day processing of Vanilla and Complex Islamic transactions are performed in an efficient and effective manner and in accordance with written procedures. You will also process Treasury Securities business and will be rotated across the operations functions on a regular basis in order to ensure continued proficiency in each task.

The range of transactions include (i) Money Market, Foreign Exchange, Interest Rate products, Corporate Finance and any other product type dealt in compliance with “Shariah” law and (ii) Government and Corporate Bonds, Repos, CD’s and Commercial Paper for the conventional Treasury Securities activity.

You will;

Interact with Front, Middle and Back Offices across various Business lines in the Bank to ensure accurate trade capture and settlement. Liaise with GISB/ Front Office/ Compliance/ Legal/ Accounting Departments when establishing new agreements with Islamic clients, conforming to Shariah law.

Interact with both Clients and Brokers with regards to any Master Agreements issues.

You will be responsible for;

• Building and maintaining Islamic Confirmation Templates from Client and Broker Master Agreements across all Islamic business lines.

• Perform Trade Management functions on Islamic Structured transactions – This will include tasks such as trade validation against Reuters Notes, checking PL on trades obtaining Market Rates for Islamic Commercial trades and Islamic structured products.

• Perform RISK Management tasks relating to Islamic Transactions.

• Reconciliation of Commodity Brokerage – Passing of subsequent Accounting Entries and capture of SWIFT MT202, MT103 payment messages directly into SWIFT Alliance which are released by the Payment Authorization Team.

• Ensure all Islamic trades are captured on the Islamic Finance Outstanding reports advised to Commodity Risk daily.

• Act as Islamic Client Liaison in relation to operation functions from FO Islamic trading activity.

Please contact me for more information

Kate.harper@connectedgroup.com

852 3972 5873