This position is based in Dubai. It’s hybrid model of work, which means you will have to combine working in the office and working from home
Who we are:

• Money Gram is a customer-centric, digital-first, cross-border money movement network. Through our strong culture of fintech innovation, we’re transforming the way consumers and businesses send and receive money in nearly every country around the world.
• Thanks to our cutting-edge platform and strategic partnerships with some of the world’s leading brands, we are helping our millions of customers globally do more with their money through a comprehensive suite of digital and in-person products and services.
• This is all made possible by our dedicated and diverse team of professionals around the world. If you’re ready for a career journey filled with exciting opportunities, come aboard and let’s drive the future of payments together at Money Gram!

The Numbers:

• We serve over 50 million people every year in over 200 countries and territories
• We're a global team of over 2,000 from 36 countries around the world
• We process over $200 billion annually with digital transactions now making up about 50% of our money transfer business
• We’re known for our strong culture globally, demonstrated by:
  • “Top Workplaces USA” award winner (three consecutive years in a row!)
  • One of the “Best Places to Work” in the Middle East
  • Winner of many regional awards, such as “Friendly Workplace in Poland” and “Top Workplace in DFW” by The Dallas Morning News

What you will contribute:
The Treasury Analyst is responsible for providing Settlement reconciliation and regional FX coverage over the Middle East and South Asia, collaborating with the Pricing team to deliver consumer level pricing analysis, and supporting regional and global Treasury and Settlement efforts. Develops and maintains strong relationships with internal Finance & Treasury teams and external banking partners and agents. The position will be responsible for regional aspects of accounts receivable, accounts payable and settlement reconciliation for a broad and complex base of partner accounts. The position is expected to be a subject matter expert of MGI products and processes related to the settlement and remittance activities of Settlement Operations. The position is typically responsible for high profile partners and accounts with complex remittance methods or schedules. This position also provides support to settlement specialists with daily settlement and reconciliation duties, provides settlement specialist training, supports, and drives change initiated by management, and participates in and may lead department projects.
What you’ll do:

• Explores and engages with market participants to develop insight into pricing improvement opportunities within the wholesale FX markets in the Middle East and South Asia.
• Collects daily wholesale FX rates in non-transparent currencies to support consumer pricing strategies through FX market insight, wholesale trading, and base rate modifications.
• Executes FX trades for Corporate Treasury, focused on minimizing cash balances and FX exposure, primarily in captive Account Deposit arrangements.
• Work with Treasury teams in Singapore, Dallas and London to forecast FX cash balances and facilitate trade settlement. Reconciles regional AR activity which includes agent settlement for transactions, commissions and rebates and unique remittances: Identifies and resolves discrepancies within established remit schedules, Reports and escalates issues appropriately and timely, and Manages accounts with an emphasis on unique/complex remittance, settlement, or reconciliation requirements.
• Monitors reporting and resolution of activity to minimize financial losses /exposure: Manages agent advances/prefunds and specialized remittance schedules ensuring contractual compliance and Disposition AR activity within defined parameters.
• Performs special projects or other duties as assigned: Supports requests for information from internal management, internal and external auditors. Assists with internal documentation, policies and procedures as requested. Assists with the A/R accounting requirements and/or the UAT related to new products, and/or processing system changes with respect to existing products. Assists with the A/R accounting requirements and/or the UAT related to new products, and/or processing system changes with respect to existing products. Serves as Lead for special projects.
• Performs all other duties as assigned.

What we’re looking for:

Education

• High School Diploma, GED, or equivalent
• BA/BS in accounting or related field or equivalent experience – preferred

Experience

• 3+ years in Treasury, Settlement or Accounting related fields

Essential Skills

• Strong desire to explore pricing disparities within FX markets stemming from a consumer, interbank, and regulatory perspective.
• Strong analytical and problem-solving skills.
• Resourceful researching skills with the ability to take ownership of issues and drive resolution.
• Excellent organizational and time management skills including the ability to multi-task with an attention to detail.
• Ability to communicate clearly and concisely while utilizing active listening skills with a culturally diverse agent base.
• Ability to handle stress or conflict during conversations with agents/internal customers with poise and resilience.
• Bi-Lingual and foreign currency experience are favorable.
• Ability to innovate and improve work processes.

Why you will love working here:
Your future is in your hands.
When you start a career at Money Gram, you join a talented and motivated team that builds the success of a trusted, global provider of innovative money transfer and payment services.
Here are some reasons it is so easy to love your career with us!

• Comprehensive Health Insurance - Full coverage for you and your family, including dental and vision care. Stay healthy and worry-free!
• Life and Accident Insurance - Peace of mind with coverage that protects you and your loved ones.
• Expatriate Annual Flight Ticket - Enjoy annual flights for you, your spouse, and your children. Stay connected with loved ones no matter where you are.
• Community Service Days - Make a difference! Enjoy paid days off to volunteer and give back to your community.
• Tuition Reimbursement - Invest in your future with our tuition reimbursement program. We support your educational and career growth.
• Transfer Fee Reimbursement - Smooth transitions with reimbursement for any transfer-related fees. We’ve got you covered.
• Employee Assistance Program - Access to confidential counseling and support services for personal and professional well-being.
• Employee Referral Program - Help us grow our team! Earn rewards for referring talented friends and colleagues.

Qualifications

Primary Location: United Arab Emirates-AE-Dubai-Dubai

Work Locations: AE_Corp_Dubai_8 West Wing 8 West Wing A 301 Airport Free Zone PO BOX 54458 Dubai

Job: Treasury

Organization: Finance

: Full-time

Travel: Yes, 5 % of the Time

Job Posting: Nov 21, 2024, 4:37:59 AM