Assistant Manager, Treasury & Markets Division (Treasury Client Solutions) – Cairo, Egypt

Reporting to the Group Treasurer this role designs and delivers financial risk-management solutions for the Bank and its clients. Working with the Treasurer and Client Relations you will expand the client base and boost non-funded treasury revenues in line with the Strategic Plan. This role requires a hands-on self-starter with a passion for Global Africa who can hit the ground running and drive results with minimal supervision.

• Treasury and Markets Business & Product Development:
  • Develop and maintain business plans for prospective Treasury and Markets balance sheet financial risk solutions including financial performance projections SWOT analyses and clearly articulated value propositions.
  • Collaborate with Client Relations and product partners to originate and structure new Treasury and Markets–linked assets investments and hedging solutions for clients.
  • Conduct ongoing reviews of the Bank’s asset and liability portfolio to identify clients with hedging requirements and assess associated revenue and business potential in partnership with Client Relations and relevant internal stakeholders.
  • Identify and evaluate new Treasury and Markets product streams that enhance the Bank’s value proposition and meet evolving client needs.
  • Prepare and present recommendations to the Treasurer and senior management based on product business cases and expected financial performance.
• Structuring and Product Offerings:
  • Participate in client meetings missions roadshows and seminars alongside Client Relations teams to support advisory-led dialogue on FX interest rate and commodity risk management.
  • Structure bespoke hedging and investment solutions on products such as FX cross-currency and interest rate swaps total return swaps and interest rate options structured deposits and notes and commodity hedges that are aligned with client exposures specific loan facility structures and risk profiles.
  • Support quantitative analysis including Potential Future Exposure (PFE) analysis trade economics and sensitivity analysis (e.g. PV01 CVA) and prepare client-ready transaction Term sheets.
  • Coordinate with the Legal Department to support documentation and master agreement processes including ISDA CSA and GMRA agreements among others in line with product governance frameworks.
• Trading and Derivatives Management:
  • Provide pricing and execute client-driven FX (spot forwards NDFs) interest rate and commodity hedging transactions in accordance with best execution standards and the Bank’s benchmarking and pricing policies.
  • Assist in managing positions arising from client transactions and the Bank’s proprietary or balancesheet activities within approved risk limits (VaR basis risk and tenor limits).
  • Support the execution of hedging strategies designed to optimize the Bank’s risk profile and enhance profitability.
  • Monitor and analyze macroeconomic trends central bank policies foreign exchange supply and demand dynamics and geopolitical developments impacting the Bank and its clients.
• Departmental Processes and Functional Framework:
  • Contribute to the documentation and continuous enhancement of desk operating procedures policies and controls ensuring alignment with the Bank’s strategy and market best practices.
  • Support the design and implementation of derivatives hedging strategies consistent with the Bank’s defined risk appetite and tolerance levels.
  • Assist in maintaining a robust risk management framework for Treasury and Markets activities in alignment with the Bank’s enterprise risk management framework.
  • Support the development of departmental work plans outlining key initiatives deliverables and timelines across each financial reporting period.
  • Contribute to the preparation of business cases for new systems or technology enhancements including justification of benefits to the Treasury and Markets franchise for submission to Senior Management.
• Treasury and Markets Risk Management:
  • Identify analyze and document Treasury and Markets financial risks within the Bank’s risk register in coordination with the Treasury Balance Sheet and Risk Management function.
  • Assist in developing and implementing market risk hedging tools and strategies covering interest rate commodity foreign exchange and credit risks.
  • Execute derivative transactions used to hedge the Bank’s balance sheet and market risk exposures.
  • Collaborate with Treasury Middle Office and Finance teams on valuations P&L attributions risk reporting and model oversight for derivative positions.
  • Maintain comprehensive audit trails for approvals agreements and client documentation in line with product governance and Bank policy and procedures.
• Market Intelligence and Advisory:
  • Provide technical advisory support to subsidiaries departments and business units in the areas of risk hedging fixed income trading and valuation of bonds and derivatives.
  • Develop and present regular market intelligence reports covering financial market developments outlooks and forecasts for inclusion in the Treasury & Markets monthly management report.
  • Review technical and market reports from subsidiaries and respond to specific analytical or structuring requests.
  • Deliver advisory services and technical assistance to central banks corporates and financial institutions across Africa and CARICOM in areas of structured investments asset-liability management and financial markets risk hedging.
  • Support the design and delivery of training programs client materials pitchbooks market updates and thought leadership sessions for senior management and professionals across client institutions.
  • Participate in internal committees and working groups providing technical input feedback on proposals and expert advice on Treasury and Markets–related matters.
• Treasury Projects Initiatives:
  • Assisting the Treasurer to plan/budget and execute new treasury client solutions projects; and
  • Assisting the Treasurer to champion treasury client solutions projects undertaken by the department thereby ensuring that such projects are delivered in time and within set budgets.
• Treasury Resource Planning and Budgetary Management:
  • Fully participate in the Treasury’s annual and periodic planning and budgetary processes;
  • Assist to ensure that Treasury Client Solutions function’s performance reviews are conducted in accordance to the Treasury & Markets department and the Bank’s Human Resource calendars;
  • Develop a full plan and budget of the Treasury Client Solutions desk activities and targets to be incorporated into the wider Treasury & Markets Department budget;
  • Develop a detailed month-by-month activities plan of the treasury client’s solutions desk’
  • Assist to ensure business continuity by adequately backups for the Department’s activities by ensuring that all relevant documents are both electronically and physically filed where required;
  • Mentor junior staff in the Department and the wider Division.
• Other
  • Any other duties that may be assigned to the role holder by Senior Management from time to time.

• A first degree in a relevant discipline i.e. accounting financial management economics numerical or other related disciplines and a postgraduate degree in a relevant field. Recognised professional certification in a relevant field may be acceptable in lieu of a postgraduate degree.
• Master's degree in the area of Finance Economics Accountancy or MBA with a specialisation in Finance or Mathematical Sciences with a speciality in Financial Mathematics.
• A recognised professional qualification in Treasury Actuarial Professional Financial Mathematics Professional MCT/AMCT CTP (US) CFA FRM or Accounting (ACCA CIMA CPA or Equivalent) will be a strong added advantage.
• Excellent knowledge of accounting for treasury activities i.e. International Financial Reporting Standards (IFRS).
• A minimum of 5 years of experience working in a Treasury and Markets function either in the financial services industry or corporate.
• Sound Mathematics Economics and Markets skills.
• Experience dealing in FX Interest Rate Commodities and Credit derivatives.
• Proven grounding in financial systems market valuation methodologies and modelling.
• Solid experience in working with Treasury Management Systems and other market tools like Reuters and Bloomberg.
• Previous experience in a treasury environment and solid understanding of treasury and market operations.
• Proven knowledge of treasury debt capital markets financial instruments and structures. Advanced Excel PowerPoint skills and computer literacy (e.g. SQL Crystal Reports).
• Proven excellent verbal and written communication skills in English. Knowledge of the Bank's other working languages (French Arabic Portuguese) is an added advantage.
• Demonstrated leadership and project capabilities including the ability to organise and manage human resources from varied cultural backgrounds to attain goals.

• Permanent
• Willing and able to relocate to Cairo Egypt for the opportunity.