ASSISTANT MANAGER TREASURY
ASSISTANT MANAGER TREASURY
Posted on :
29-03-2025
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1 Vacancy
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Job Description
Job Purpose Statement
- Responsible for Forex Sales and trading.
- of the bank s foreign exchange business strategy by foreign exchange dealings with designated clients to achieve the foreign exchange income.
- Achieve Forex income budget allocated on a yearly basis.
- Foreign exchange exposure adherence as per the Bank s policies and regulatory compliance.
- Collaborate with Corporate and Retail business teams to close forex transactions.
- Assist with growth of Forex clientele and Forex volumes at the bank.
- Coordinate all forex related activities in the department.
- Assist with all other treasury functions as required.
Key Responsibilities
Financial
- Achieve Forex income budget allocated on a yearly basis.
- Grow forex sales transactions and volumes in conjunction with the Business teams
- Optimize Forex profitability
- Effectively manage the foreign exchange risks arising out of exposures for all traded currencies in the department.
- Propose product development to enhance forex income and volumes
Customer
- Ensure seamless and timely service to all forex customers.
- Designated client calls and visits in conjunction with Business teams to ascertain each clients Forex requirements patterns and plans.
- Collaborate with Corporate and Retail business teams to close forex transactions.
- Initiate and develop new customer pipeline in line with the New to bank customers strategy.
- Actively market bank products to new and existing clientele.
- Maintain and enhance client relations and Treasury Inter bank relations.
Internal Business Process
- Local and foreign market news dissemination.
- Ensuring that Forex Board rates and website rates are updated on time.
- Ensuring timely booking of all Forex transactions and accurate posting by the Branch/Operations backoffice teams.
- Daily FX reporting to Head of Treasury.
- Client visit call report submission to Head of Treasury.
- Adhering to internal Treasury policy guidelines protocols procedures and limits.
- Ensure strict adherence to the Kenya FX Code and risk control guidelines.
Functional responsibilities
- Reporting to Head of Treasury all Forex desk activities.
- Adhering and working within allocated dealing limits.
- Provide ongoing training to RMs branch staff and business teams as well as monitoring Business teams performance on Forex income.
- Teamwork and multitasking with the Treasury dealers team.
Requirements
Job Specification
- Professional qualifications in a businessrelated field.
- Minimum of 4 years experience in a Bank Treasury on Forex dealing.
- ACI Dealing Certificate or Professional Qualification in Banking related disciplines would be an added advantage.
- Proficiency in Microsoft Office Suite data analytics
- Reuters Refinitiv and FXT trading platform knowledge and experience.
- Experience in Money Market Fixed Income Trading and other Treasury functions will be an added advantage.
- Comprehensive understanding of foreign currency trading dynamics.
- Good understanding of the Global and the Kenyan markets.
- Strong customer negotiation and retention skills.
- Strong Sales and trading management skills.
- Strong knowledge of Treasury products.
- Good Customer Service / Relationship Management.
- Strong negotiation skills.
- Oral & Written communication and research skills.
- Financial and Analytical mindset
- Profit incomeoriented mindset
Employment Type
Full Time
Key Skills
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