CFO - Regional Treasury - Country Treasurer (Saudi Arabia, UAE and Qatar) - VP

Role Overview

CFO - Regional Treasury - Country Treasurer for Saudi Arabia, UAE and Qatar at VP level, based in Riyadh, Saudi Arabia.

Company Overview

Deutsche Bank is the leading German bank with strong European roots and a global network. Treasury plays a key role in the holistic bank-wide management of capital and liquidity to deliver high value risk management decisions and support strategic goals of the businesses, both at a Group and legal entity level. Treasury operates across the globe with major hubs in Frankfurt, London, Singapore, and New York.

Role Purpose

Treasury ensures sufficient liquidity in the bank at all times, that capital is available when needed, and that funds can be raised as and when necessary at reasonable cost whilst balancing business growth and regulatory demands. This role delivers business steering through effective transfer pricing of liquidity and capital resources to the businesses. The successful candidate will be an independent and self-motivated contributor to the regional Treasury team and local franchise, demonstrating in-depth knowledge of financial markets, Treasury products, systems, and regulations.

Key Responsibilities

Governance and Strategic Direction

• Chair the Asset & Liability Committee for DB Saudi Arabia, UAE and Qatar, setting the agenda and ensuring that business strategy, risk appetite and regulatory requirements are adequately considered when managing capital, liquidity, and funding.
• Manage the structural term asset and liability profiles through the Funding Planning process.

Liquidity and Capital Management

• Manage regulatory cash and central funding pool for the Bank.
• Oversee the management and perform back-up role for local funding pool for the Bank.
• Ensure Treasury actively and efficiently manages excess cash and risk to maximize NII for the bank.
• Manage Funds Transfer Pricing for assets and liabilities (overnight to term).

Policy and Methodology Development

• Lead local ongoing management, development, and implementation of changes in Funds Transfer Pricing and Liquidity Management methodologies.

Regulatory and Stakeholder Management

• Interact with local regulators on Treasury topics, including lobbying, as required.
• Understand the local regulatory environments as they relate to Treasury, ensuring the Treasury team and business are always appraised of developments and changes, together with the impacts to the local business.
• Demonstrate solid stakeholder management and people management skills in addition to technical skills, with key stakeholders including country management, front office business heads, business managers, infrastructure partners, and banking regulators.
• Engage with clients on a variety of topics and accompany business on client meetings.

Business Support and Projects

• Assist businesses in achieving their objectives within the Bank's risk management framework.
• Undertake various projects relating to implementation of new regulations, launching new products, exploring innovative ways of conducting ongoing businesses efficiently, and implementing new strategies for Treasury management to ensure compliance with new regulations.
• Build relationships and leverage contacts throughout the DB Group to be successful.

Qualifications & Experience

• Relevant degree in Banking, Finance, Economics, Mathematics, or related discipline.
• 10 years or more of Treasury experience.
• History of experience in liquidity management, balance sheet or asset & liability management and Treasury topics, or equivalent track record within a business or infrastructure function in a banking environment.
• Deep understanding of local markets across interest rate and FX products.
• Strong understanding of banking industry and regulatory environment.
• Knowledge of local financial markets is preferred.
• Strong understanding of key Capital and Liquidity regulations impacting banks in Saudi Arabia and UAE with experience in actively managing them on an ongoing basis.

Skills & Competencies

• Exceptional verbal and written communication and presentation skills.
• Proficiency in MS Office: MS Excel, MS Word, and MS PowerPoint.
• Exceptional stakeholder management skills and ability to build relationships with senior business and other leaders across various functions, both within and outside the bank, including regulatory engagements.
• Ability to influence, negotiate and constructively challenge at a variety of levels.
• Ability to work well under pressure and tight deadlines, with the aptitude to synthesize large amounts of information and develop innovative solutions.
• Ability to multitask with excellent problem resolution and time management skills.
• Ability to meet the challenges presented by a fast-paced, constantly changing work environment.
• History of taking initiative and being proactive.
• Strong control mindset.
• Ability to explain complex concepts clearly and develop working relationships across the bank.
• Confident, independent, and self-motivated contributor.

Additional Information

Benefits

• Life Insurance.
• Accidental Death Insurance.
• Permanent Partial Disability Insurance.
• Private Medical Insurance for you, your spouse and dependent children.
• Flexible working arrangements.
• 30 days of annual paid leave, plus public holidays and flexible working arrangement.
• DB contributions to Employee Workplace Savings "GOSI" plan (for Saudi nationals only).

Support and Development

• Flexible working to assist you balance your personal priorities.
• Coaching and support from experts in your team.
• A culture of continuous learning to aid progression.
• A range of flexible benefits that you can tailor to suit your needs.
• Training and development to help you excel in your career.

Commitment to Diversity and Inclusion

Deutsche Bank is committed to fostering a diverse, supportive and welcoming environment reflecting a variety of perspectives, insights and backgrounds to drive innovation. The Bank welcomes applications from candidates with disabilities and is committed to ensuring equal opportunities and facilitating a productive and harmonious work environment for all. The Bank extends a warm welcome to talented individuals seeking a professional setting that values and accommodates diverse capabilities.