Job Purpose: To manage the bank’s foreign exchange position and invest excess funds in the money market to make profits while maintaining the required liquidity.
Reports to: Head of Treasury
Key Responsibilities:
• Invest all excess funds in the interbank market.
• Prepare a daily report of all balances in the corresponding banks and submit them to the Head of Treasury.
• Prepare daily exchange position reports to management and the Bank of Uganda.
• Prepare daily bank forex bureau rates and update all the branches on time. Offer better rates to customers where need be according to the prevailing markets.
• Make a follow-up on all deals made and confirm that all payments are effected on due dates.
• Daily check all forex transactions of the day to see whether they are posted correctly and at an offered rate by the treasury team according to the market rates.
• Every week prepare receipts of all inter-bank and bank bureau transactions and submit them to the cashier of the foreign exchange for his / her Bank of Uganda report.
• Handle all internal transfers involving the exchange of Uganda shillings to foreign
currencies and vice versa and filing the same.
• Forward all deals made in the day to the back office.
• Prepare monthly forex position report to the Bank of Uganda and ensure that a hard copy has been checked and approved by all authorized signatories and is submitted to the Bank of Uganda Research and Bank Supervision Department.
Education.
• A Bachelor’s degree in a relevant field from a reputable University.
• Professional qualification in Treasury function is an added advantage e.g. ACI Certificate.
Experience.
• Minimum of 2 years’ work experience preferably in the financial services industry.
Skills and competencies.
• Leadership and Team building
• Interpersonal skills, communication and writing skills
• Negotiation skills
• Creativity and passion for Business development
• Proficient in MS Office Suite.
• Must possess strong interpersonal.
• Ability to handle multiple tasks and set priorities.
• Self-driven with a high affinity for quality, efficiency and meeting tight deadlines.
• High level of integrity and ethical standards.
• Excellent understanding of the Banking Act and prudential guidelines.
Job application procedure
Interested candidates should send their application letters together with their curriculum vitae to the Head, of Human Resources at recruitment@cbu.co.ug no later than Monday, 5 pm, 18th December, 2023.
More Information
- Address Kampala, Uganda, East Africa
