Banking & Treasury Specialist

Job description

About the Role: the employer is seeking a Banking & Treasury Specialist to join their team in Riyadh, Saudi Arabia. This full-time role is responsible for the comprehensive management and monitoring of banking facilities and transactions, ensuring optimal liquidity and efficient utilization of financial resources. The specialist will also play a key role in managing banking relationships and ensuring compliance with financial regulations. Responsibilities: Monitor bank balances and accounts to maintain adequate liquidity. Prepare and monitor cash flow and liquidity forecasts and reports. Manage working capital, payments, and collections processes. Oversee and monitor credit facilities and banking limits. Follow up on Letters of Credit (LCs) and Bank Guarantees (BGs). Supervise bank transfers and banking transactions, ensuring proper reconciliation. Manage banking relationships and negotiate fees, terms, and banking facilities. Monitor banking service and transaction costs, identifying opportunities for improvement. Monitor financial risks and support hedging strategies as required. Ensure compliance with banking regulations, internal financial policies, and AML requirements. Prepare liquidity and cash flow reports for senior management. Coordinate with the Accounting department and other relevant teams to ensure efficient financial operations. Utilize Excel and Power BI for financial analysis and reporting

Requirements

• 2-5 years of experience in banking, credit facilities, and liquidity management
• Ability to work effectively under pressure and manage multiple priorities
• Strong knowledge of banking regulations and financial policies
• Excellent attention to detail and follow-up skills
• Proficient in Excel and Power BI for financial analysis and reporting

Skills