Overview

Job ID: 14178

Sector:

Finance

Location: NEOM, Saudi Arabia

OVERVIEW                                                                                                          

NEOM is an accelerator of human progress and a vision of what a new future might look like. A region in northwest Saudi Arabia on the Red Sea, NEOM is being built from the ground up to include hyperconnected, cognitive cities, ports, next-generation infrastructure and industries, enterprise zones, research centers, sports and entertainment venues and tourist destinations.

As a destination, it will be a home for people who dream big and want to be part of building a new model for exceptional livability, creating thriving businesses and reinventing environmental conservation.

As a workplace, it is a place for people who share our core values of care, curiosity, diversity, passion, respect, and becoming a catalyst for change.

Are you ready to help NEOM find solutions to the world’s most pressing challenges? Are you prepared to create a lasting legacy that benefits generations to come? Then we want to hear from you!

ROLE OVERVIEW

The Treasury Markets Manager is responsible for overseeing execution of Treasury markets activities including Interest rate risk, FX and Commodities risk management, Debt Capital Markets issuance and management. The Treasury Markets Manager will work closely with Senior Leadership and other departments to align stakeholder expectations with organizational goals. The role will be reporting to the Head of Treasury Funding.

REQUIREMENTS SUMMARY

  • Experience setting up a risk management framework
  • Oversight of a diverse derivatives trading book (IR/FX and Commodities)
  • Implementation of a risk reporting framework
  • Third-party funding management.
  • Debt Capital Markets issuance and management

ROLE COMPETENCIES & ACTIVITIES

The Treasury Markets Manager responsibilities will include, but not be limited to:

Treasury Markets Management

  • Engage all relevant stakeholders to understand all cash flows by currency and commodity flows, build framework around cash flows that informs risk management
  • Establish framework to set board approved risk management limits and framework
  • Manage the derivatives trading book across IR/FX and Commodities to ensure we meet the risk framework requirements. Manage execution alongside the Junior Trader.
  • Establish risk reporting framework for the derivatives book
  • Support the management of third-party funding
  • Establish infrastructure for operations of debt capital markets
  • Execute issuance and derivatives as pertains to capital markets.

Culture and Values

  • Embrace NEOM’s culture and Values https://www.neom.com/en-us/about.
  • Act with honesty and integrity by following best practices, and upholding the robust standards and expectations set out in NEOM’s Code of Conduct.
  • Maintain fair, ethical, and professional work practices in accordance with NEOM’s Values and Code of Conduct.
  • Adhere to NEOM’s Policies, procedures, and controls to ensure compliance with rules.

EXPERIENCE & QUALIFICATIONS

Knowledge, Skills and Experience

  • 7+ years of experience with large corporates or institutions
  • Extensive experience in derivative trading, hedging activities and risk management in relevant industry sectors
  • Experience in Sukuk and other debt capital markets issuance
  • Knowledge of banking systems and processes 
  • Knowledge of regulatory & compliance (Preferred in KSA)

Qualifications

  • Bachelor degree in financial and management accounting and/or Finance

NEOM is committed to attracting and retaining the highest caliber of employees to support NEOM’s vision, mission and strategy. NEOM sources the best candidates based on fit for the role and searches local and global markets to identify talent.

NEOM is an equal opportunities employer. All qualified applicants will receive consideration for employment without regard to gender, disability, age, or any other form of discrimination/other characteristic protected by applicable local laws, regulations and ordinances.

As part of our recruitment process, NEOM will undertake reference checks to confirm suitability for the role. All offers of employment are subject to references, evidence of all qualifications and awards, and other background checks being satisfactorily completed. Additionally, all offers are subject to the candidate being able to successfully obtain a work visa to enter and work in the Kingdom of Saudi Arabia.

This job description is not an exhaustive list of duties and responsibilities. The employee may be required to perform additional job-related tasks and duties as assigned. To meet NEOM’s objectives and business needs, the work location is subject to change. Non office-based roles involve outdoor activities. Candidates should be prepared to work outdoors and on construction sites as part of their job responsibilities.

NEOM uses artificial intelligence as part of its recruitment process to assist and enhance efficiency. However, all final hiring decisions are made by human recruiters, ensuring that NEOM’s employment process remains fair and transparent.

The actions of our team should always support the NEOM Values

CatalystCareCuriousPassionateRespectDiversity

Learn more about NEOM’s Values

About Neom

NEOM is the land of the future where the greatest minds and best talents are empowered to embody pioneering ideas and exceed boundaries in a world inspired by imagination.

NEOM is powered by our vision to build a profitable, sustainable and innovation-driven economy, powered by our 14 key sectors. Future-oriented and legacy-free, we're offering our partners and talent the optimum environment to foster unrestricted thinking and fresh solutions to today's most pressing challenges. NEOM is open for business.