Treasury Risk Officer

The Treasury Middle Office Officer is responsible for the independent measurement, monitoring, and control of treasury-related risks, ensuring all treasury activities remain within the Bank’s approved risk appetite, limits, and SBP regulatory requirements.The role provides objective oversight over market and liquidity risks and acts as a key control function between Treasury Front Office execution and Treasury Back Office settlement.

Key Responsibilities

Market Risk Monitoring:

• Independently monitor FX, interest rate, and investment exposures

• Calculate and monitor:

- Net Open Position (NOP)

- FX position limits

- Sensitivity measures (e.g., interest rate gaps)

• Perform independent mark-to-market (MTM) valuations

• Review daily P&L and investigate unusual movements

Liquidity Risk Monitoring:

• Monitor liquidity risk metrics including:

- Liquidity Coverage Ratio (LCR)

- Net Stable Funding Ratio (NSFR)

- Maturity mismatch and cash flow gaps

• Review daily funding and liquidity positions

• Monitor compliance with internal liquidity limits and SBP requirements

Limit Monitoring & Controls:

• Ensure treasury transactions comply with:

- Approved risk appetite

- Board and ALCO-approved limits

- SBP regulatory thresholds

• Identify, investigate, and escalate limit breaches

• Maintain limit frameworks and support periodic limit reviews

Stress Testing & Scenario Analysis:

• Conduct regular market and liquidity stress tests, including:

- FX shocks

- Interest rate movements

- Liquidity stress scenarios

• Analyze stress test results and recommend mitigating actions

• Support Contingency Funding Plan (CFP) development and review

Reporting & Governance:

• Prepare risk reports for:

- ALCO

- Senior Management

- Board Risk Committee

• Provide commentary on market movements and risk trends

• Undertake internal risk assessments

Policy, Compliance & Audit Support:

• Support development and maintenance of:

- Market Risk Policy

- Liquidity Risk Policy

- FX Risk Appetite statements

• Ensure compliance with SBP circulars and guidelines

• Support internal, external, and SBP audits and examinations

• Maintain proper documentation and audit trails

Requirements

Education

• Bachelor’s degree in Finance, Economics, Accounting, or related field
• Professional certifications (CFA, FRM, PRM – part or fully qualified) preferred
  

Experience
• 4–5 years of direct experience in Treasury Middle Office / Market & Liquidity Risk
• Hands-on experience in:
- FX and money market risk monitoring
- Liquidity risk metrics and reporting
- Limit frameworks and risk controls
• Experience in a bank or regulated financial institution is mandatory4. Technical & Functional Skills
• Strong understanding of:
- Market risk and liquidity risk frameworks
- Basel III liquidity standards
- SBP regulatory expectations
• Familiarity with:
- Treasury Management Systems (TMS)
- Core banking systems
- Risk and ALM tools
• Strong analytical, data interpretation, and reporting skills
• Advanced MS Excel skills; experience with dashboards is an advantage