Employment

AMF offers employment contracts for the initial period of two years and renewable for a similar period or periods based on the employee performance.In some cases, AMF recruits temporary experts and consultants for short periods to work in AMF headquarter or to participate in AMF missions to member countries.

Specialist, Foreign Exchange and Money Market

Organization
Arab Monetary Fund
Opening Date
-

Job Purpose:
The Specialist, Foreign Exchange and Money Market aims to contribute to the implementation of the investment
strategy’s objectives of liquidity, FX exposure, return and risk by monitoring and executing transactions of the money
market portfolios; providing research and analysis for money market and FX counterparty selection; conducting
absolute and relative performance measurement and attribution.

Roles and Responsibilities / Key Accountabilities

  • Implement approved investment plans for money market allocation and FX exposures.
  • Propose ideas to develop investment strategies in money market and FX portfolios.
  • Ensure compliance with investment policies, guidelines, and regulatory requirements.
  • Execute FX transactions (spot, forwards, and swaps) and money market deals.
  • Analyze global and regional money market trends and FX movements using quantitative models and qualitative assessments.
  • Participate in counterparty selection by assessing sovereign, credit, and counterparty risks using fundamental and value-based models.
  • Monitor money market portfolio performance and risk on both absolute and relative bases, including liquidity and cash flow analysis and ALM gaps.
  • Support monitoring of FX portfolio risk profiles, including valuation, performance, currency composition, and deviation from the SDR basket.
  • Assist in preparing, maintaining, and reviewing reports and dashboards related to rating changes and market metrics.
  • Contribute to contingency planning to address market volatility and financial uncertainties in coordination with the Treasury team.
  • Recommend improvements to policies related to money market and FX activities.
  • Monitor updates to the Investment Management System (IMS) to ensure compliance, quality, and transaction accuracy.
  • Ensure adherence to all policies, procedures, and the CFA Code of Ethics.
  • Maintain strong relationships with global and regional banks and financial institutions to diversify counterparties.
  • Maintain continuous communication with banks and brokers to obtain market intelligence and economic analysis.
  • Support relationship-building with Member States to enhance cooperation in deposit-taking and fund management activities.
  • Coordinate with internal departments on matters related to money market and FX portfolios and reporting.
  • Propose enhancements to systems, processes, and practices aligned with industry best practices and evolving financial standards.
  • Facilitate knowledge sharing and transfer within the team to enhance portfolio performance and ensure business continuity.

Job Qualifications and Requirements

Knowledge and Experience

  • Minimum of 5 years of experience in money market and foreign exchange (FX) management.

Education

  • Bachelor’s degree in Finance from a reputable university.

Certifications

  • CFA (Chartered Financial Analyst) or equivalent professional qualification is required.
  • Professional dealing certificate is considered an advantage.
يرجى التسجيل أو الدخول من أجل التقدم لهذه الوظيفة.