Job Description

This role required candidate to permanently relocate at Dhahran Saudi Arabia.

About the Company


This company engages in the exploration production transportation and sale of crude oil and natural gas. It operates through the following segments: Upstream Downstream and Corporate. The Upstream segment includes crude oil natural gas and natural gas liquids exploration field development and production. The Downstream segment focuses on refining logistics power generation and the marketing of crude oil petroleum and petrochemical products and related services to international and domestic customers. The Corporate segment offers supporting services including human resources finance and information technology. The company was founded on May 29 1933 and is headquartered in Dhahran Saudi Arabia.

Job Summary

Banking operation division is responsible for the administration companys payment and payment monitoring processes as well as maintaining the companys banking accounts and agreements. The division also oversees number of company banks related programs and facilitates retail banking services in SAO campuses. Treasury is seeking a Treasury professional to join our banking operations team. The ideal candidate will possess a strong background in Treasury banking operations and services with strong a focus on systems and a deep understanding of Treasury transformation compliance and regulatory frameworks of the Saudi Arabian & international markets.

Key Responsibilities:

• Supervise daily banking operations including payments processing deposits fund transfers and reconciliation ensuring accuracy and efficiency.
• Ensure compliance with local and international standards including AntiMoney Laundering (AML) and Know Your Customer (KYC) requirements.
• Evaluate and improve payment processes aligning with Treasury digital transformation initiatives such as Cash Pooling and aggregated payments processing.
• Cultivate strong relationships with banking partners to streamline processes address issues and negotiate favorable terms.
• Identify and mitigate operational risks related to banking activities including fraud prevention and cybersecurity measures.
• Prepare reports on Treasury operations performance and key metrics to facilitate strategic decisionmaking.
• Maintain a comprehensive banking master database for all group bank accounts.
• Assist internal departments and the group with new product development implementations and general Treasury/banking services inquiries.
• Develop review and negotiate bank account openings with financial institutions for the group.
• Review and negotiate banking agreements including ISDA master agreements SLAs and MACUG agreements.

Requirements:

• Willingness to relocate to Dhahran Saudi Arabia.
• Education: Masters degree in Finance Accounting or Business Administration.
• Professional certifications: CFA CPA and CTP.
• Proficient in Finance and treasury software and systems with a strong understanding of SAP and SWIFT messaging standards as well as electronic banking platforms.
• 1215 years of experience in backend corporate treasury operations.
• Understanding of the Oil & Gas sector with a focus on Treasury operations preferred.
• Knowledge of Shariah Compliant Business Banking.
• Familiarity with digital transformation in banking and corporate Treasury.
• Ability to coach staff in developing analytical skills and managing project delivery.
• Advanced proficiency in Excel and excellent presentation skills.

Electronic Banking,Treasury

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