Senior Associate (Back Office)

Main Duties and Responsibilities

• Execute and process all treasury back‑office transactions including money market deals, FX transactions, interbank placements, borrowings, and investments in accordance with approved limits and procedures.
• Perform deal confirmation, settlement, and reconciliation of treasury transactions with counterparties, correspondent banks, and custodians.
• Ensure timely settlement of cash flows related to treasury operations, minimizing settlement risk and potential financial loss.
• Maintain accurate treasury accounting entries, including posting of deals, interest accruals, amortization, and revaluation in the core banking or treasury systems.
• Reconcile Nostro, Vostro, and internal treasury accounts, investigate discrepancies, and resolve outstanding items promptly.
• Prepare and submit daily, weekly, and monthly treasury reports such as liquidity position, cash flow statements, maturity profiles, and deal summaries for management review.
• Support compliance with regulatory requirements, internal policies, and risk management guidelines, including AML/CFT and counterparty exposure limits.
• Coordinate closely with Front Office, Middle Office, Finance, Risk Management, and Operations teams to ensure smooth treasury operations.
• Assist in statutory, internal, and external audits by providing accurate documentation, confirmations, and transaction records.
• Monitor and maintain proper documentation for treasury transactions including confirmations, contracts, correspondence, and regulatory submissions.
• Identify process gaps and contribute to operational efficiency improvements, automation initiatives, and system enhancements.
• Support system testing, UAT, and implementation of new treasury products or upgrades to treasury systems.
• Supervise and guide junior staff, ensuring adherence to operational procedures and service standards.
• Handle correspondence with counterpart banks, brokers, and regulators related to treasury settlements and confirmations.
• Ensure strict compliance with segregation of duties, internal controls, and operational risk management practices.

Job specification

• Bachelor’s degree in Finance, Accounting, Business Administration, Economics, or Banking.
• Proficiency in MS Excel, Word, and data analysis/reporting tools.
• Working knowledge of treasury systems, core banking systems, or TMS.
• Excellent interpersonal, effective communication skills and strong negotiation skills
• Knowledge of treasury settlement processes, deal confirmations, and cash flow management
• Proficiency in MS Office, written and spoken English & Myanmar Language
• Ability to guide junior staff, review their work, and ensure procedural compliance