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
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 mandatory 4. 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
