Company: Energy Jobline
Location: Dhahran Saudi Arabia
Employment Type: Full-time
Description:
Overview
The Banking Operation Division is responsible for the administration of the company’s payment and payment monitoring processes as well as maintaining the company’s 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.
Responsibilities
• Oversee daily banking operations, day-to-day payments processing including deposits, fund transfers, reconciliation to ensure accuracy and efficiency.
• Ensure compliance with local and international standards including Anti-Money laundering (AML) and know-your-customers (KYC) requirements.
•… Evaluate and drive continuous improvement of payment processes with respect to Treasury digital transforming (Cash Pooling, Global Treasury, aggerated payments processing).
• Maintain strong relationship with banking partners to streamline processes, resolve issues and negotiate favorable terms.
• Identify and mitigate operational risks associated with banking activities, including fraud prevention and cybersecurity measures.
• Prepare reports on Treasury operations, performance and key-metrics to support strategic decision-making.
• Maintain banking master database for all bank accounts under the group.
• Support internal departments and group with new products development and implementations, and general Treasury/banking services inquiries.
• Develop, review and negotiate Bank Account opening with financial institutions for the group.
• Develop and review banking agreements in addition to ISDA master agreements, SLAs, MA-CUG and others.
Benefits
• Compelling remuneration package.
• Permanent Employment on an Indefinite Term Employment Agreement.
• The company’s Incentive Plan: This is a broad-based annual and performance based incentive plan based on company and individual performance, base salary, and length of service during the plan year. The objective of this plan is to drive organizational performance, as well as, recognize and reward your contributions beyond the normal annual merit increases.
• Annual repatriation travel allowance: An annual cash payment that more than covers airfare costs to your home country. You have full flexibility to use this payment in any way you choose.
• Annual vacation: You can look forward to up to 38 calendar days of paid leave each year. In addition, you’ll typically be granted between 9 and 11 days of public holidays each year.
• Severance award: In accordance with the Saudi labor law, a severance award is payable by the company to employees who leave after two years or more of satisfactory service. The severance award is based on length of continuous service and final base pay. The severance award can be a substantial benefit for longer service employees.
• Education Assistance Plan: If you are hired on family status, you may be eligible to benefit from the company’s excellent education assistance plan for dependent children. This may include the option for them to attend the company’s high quality private schools or to attend international schools in the local community.
• Quality housing in company communities or a rental assistance allowance: We have four communities in the Eastern Province where we provide quality accommodation in pleasant surroundings. Alternatively, employees may obtain housing in the local communities outside of the company’s communities, for which we provide a rental assistance allowance.
• Free medical care: We provide medical care via our subsidiary medical network or contracted hospitals and clinics. These facilities are among the finest in the Middle East.
• Free access to recreational facilities: You will have access to our extensive range of recreational facilities that include: private beaches, tennis courts, exercise gyms, swimming pools, golf courses, tennis and squash courts, and much more.
• Free scheduled transportation: Air-conditioned buses are provided free of charge for transportation within camp areas, to work locations, local shopping areas outside camp, the beach and our other communities.
• Voluntary Group Life and Accident Insurance: you may enroll in a voluntary program providing term life insurance and accidental death and dismemberment (AD&D) coverage equal to 12, 18, 24 or 30 times your monthly base salary. Favorable group rates keep the premium low.
• Short-term : In the event you are unable to work due to illness or injury, short-term income benefits are provided. The benefit is 30 days full pay and 60 days at three-quarters pay, in any one year period.
• Death Benefit: The company pays an ex-gratia death benefit equal to 24 months base pay if death is from an industrial accident and 12 months base pay if death is non-industrial related.
• Career development: We recognize and value professional growth and achievement, so you’ll have many opportunities to develop your career and expertise.
BH3894
Bounty Hunter World
Source: LinkedIn
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