Job Overview
Summary
The Treasury Officer will be responsible for conducting all money market dealing activities in line with the set dealer’s mandate, conducting forex dealing activities, from time to time in line with the set dealer’s mandate and executing treasury customer sales and marketing functions to generate revenues for the Institution.
Key Duties and Responsibilities:
- Foreign exchange affairs:
- Creating a clientele base through alias, referrals and market penetration.
- Generating high volume of quality business from existing customers via daily calls and client visits.
- Ensuring existing and prospective Forex customers are served through daily and / or through regular telephone calls and client visits.
- Actively identifying and seeking prospects from market and customer spectrum to drive and grow Treasury Forex income and Forex business share of wallet per customer.
- Regularly liaising with the inter-bank existing counterparties and developing new relationships.
- Money Market affairs:
- Carrying out the dealing and foreign exchange activity from end to end whilst ensuring that all the bank’s interests are protected, and financial targets are met.
- Effectively monitoring funds in all the Nostro and Clearing accounts to ensure the accounts are adequately funded to meet payment obligations and any surpluses are gainfully invested.
- Carrying out all dealing activities within set approved limits to mitigate risks.
- Ensuring a cordial and vibrant relationship with all treasury clients and other financial Institutions to foster Business growth.
- Developing close contacts with the Business Units and customers to ensure Treasury services utilization is maximized.
- Liquidity & Cash Management:
- Supporting team in monitoring Cash Balances across branches.
- Taking an active part in deposit mobilization to enable the MDI to grow its deposit base and boost liquidity.
- Customer care:
- Employing the teller customer service principles in the unit with respect to handling both internal and external customers.
Qualifications and Experience:
- Minimum of a Bachelor’s degree in Commerce /Business Administration accounting or Finance option). CPA/ACCA level two is an added advantage.
- Basic Level ACI dealing certificate.
- 4 years banking experience 2 of which should be preferable have been in Forex Treasury environment and dealing in Forex and Money Market.
- A good in-depth knowledge of Treasury products, services and strategies and back-office operations.
- A general knowledge of other bank products in particular trade and structured trade finance.
- Effective trading ability and good track record.
- General understanding of financial risk management strategies and tools.
Competencies
To perform the job successfully, an individual should demonstrate the following competencies:
- Business Awareness
- Should have a strong ability to manage relationships.
- Ability to work in a dealing room environment.
- Should be innovative and analytical
- Should be able to use own initiative and take decisions with authority and confidence.
- Should have a high ethical and moral code.
- General Banking Knowledge and skills in Sales
- Should be a first-class communicator.
- Should be a good Team Player
- Should be open to New Ideas in a rapidly changing Business Environment.
How to apply
All candidates who so wish to take up this role in the aforementioned capacity are encouraged to send their applications with detailed CVs including present position and copies of relevant professional/academic certificates to: ug_jobs@fincaug.org
