Experience

Saudi Pak Industrial & Agricultural Investment Co. Ltd.

• Financial Services
• 1 - 100 Employee

• Assistant Manager Treasury

  • Aug 2007 - Present

  * Borrowing/placement in the call market against money market limits approved by Banks / Financial institutions for meeting short term liquidity and profitability needs of the company. * Placement of funds, under approved limits through letter of placements and or short term profitable instruments of reputable financial institutions, having active participation in the money market. * Placement of funds through reverse Repos against security of shares, TFCs, bank guarantees and other debt instruments, and also through discounting of promissory notes/ commercial papers and other securities. * Checking of Brokerage paid to the Brokers, on monthly basis. * Trading and investment in government securities and other corporate TFCs, in the primary as well as secondary market, taking benefit from interest rate movements, and to maintain a minimum level needed to comply with regulatory requirements * Actively involved in placement of funds with commercial banks in daily product accounts and TDRs. * Monitoring of account opening procedures for issuance of Certificates of Investment as per KYC policy. * Foreign currency swaps with well reputed banks at very competitive rates. * Preparation and submission of documents to SECP pertaining to charge creation, up- gradation, amendment and vacation against book debts and receivables * Coordination with different existing creditors for processing and payment of mark-up/principal installments against term finance facilities. * Preparation of Budget. * Preparation of agenda for Asset Liability Management Committee (ALCO). * Preparation and submission of monthly report providing details of WAC and WAR along with average amount. Show less



Askari Leasing Limited

• Treasury Officer (OG-III)

  • Jun 2003 - Aug 2007

  Treasury Section: * Maintaining Daily Cash Position. * To deal with Money Market through Money Market dealers. * Preparation of documents for Money Market Deals. * Short Term Borrowings / Placement through Money Market and Settlement through; Certificate of Investment (COI) Letter of Placement (LOP) REPO and Reverse REPO. * Long Term Borrowings with different Financial Institutions. * Dealing in Government Securities. (Purchase / Sale) * Maintaining bank accounts with different Banks. (Opening / Closing) * Coordination with Money Market dealers. * Liaison with different Banks regarding mark-up and principal repayments. COI’s Section: * Customer dealing. * Issuance of certificates of investments. * Encashment of certificates of investment. * Maintaining profit payment sheets and cheques. * Dealing with Trade Finance cases. * Marking of lien on COIs. Show less