# Treasury Risk Officer

> HugoBank · Karachi, Pakistan · Full-time · Posted 2026-01-16

**Workplace:** on_site

**Department:** Treasury Middle Office

## Description

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 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

## Apply

[Apply at HugoBank](https://apply.workable.com/hugobank/j/6CC01468F6/apply)

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