Vacancy title:
Liquidity & Money Markets Officer
Jobs at:
Housing Finance BankDeadline of this Job:
Friday, June 07 2024
Summary
Date Posted: Thursday, May 30 2024, Base Salary: Not Disclosed
JOB DETAILS:
Housing Finance Bank is a Commercial Bank and the leading provider of housing finance solutions with a vision to be the preferred consumer and business bank with a focus on housing finance. To attain its strategic objectives efficiently and effectively, Housing Finance Bank is seeking to hire qualified, versatile, and self-driven individuals for the positions stated below;
Job Title: Liquidity & Money Markets Officer (1)
Department: Treasury
Reports To: Manager Liquidity & Money Markets
Grade: HFB 6B
Direct Reports: Direct - None, Indirect - None
Interacts/interfaces with:
Internal - Treasury Operations, Treasury/Finance Team,
Head Business & Institutional Banking, Mortgage & Consumer Banking teams, Branch Teams
External - Other Bank dealers in the market through Reuters/Bloomberg
Job Purpose
The function is responsible for generation of interest income through investment of surplus funds in local and foreign currency in line with the Bank policy.
In addition, the function manages liquidity by ensuring that the bank meets its day-to-day cash requirements while observing statutory liquidity ratio requirement.
Key Result Areas
• Grow securities portfolio through competitively pricing bids for Treasury Bills and Bonds in the Primary Dealership market.
• Monitor the daily cash flow (local currency) and the cash flow
• for Treasury Bills and Bonds to manage liquidity efficiently
• Maintain requisite balances on the nostro accounts (Foreign Currency)
• Mobilization of new deposits
• Making Market for Government Securities in the Secondary Trading market.
• Trade within counterparty, dealer, and exposure limits
• Relationship management of new and existing customers
• Trade currencies within set limits as a backup for foreign exchange dealer when need arises.
• Review fixed deposit rates bi –weekly in line with market interest rates and circulate rates to branches.
• Track fixed deposit maturities and update cash flow in case of outflows.
Financial Responsibility
• Accountable for the growth of money market arbitrage income and Trading income from Securities,
• Off balance sheet securities dealing income .
Education & Training
• A bachelor’s degree in a business-related course
• ACI certification is a MUST.
Skills & Experience
• A clear understanding of financial market
• Excellent numeric skills
• Money market analytical skills
• A good understanding of treasury and general bank products.
Business Behaviours
• Good interpersonal and communication skills
• Good negotiation skills
• A High level of integrity
• Relationship management skills
Job Experience: No Requirements
Work Hours: 8
Experience in Months:
Level of Education: Bachelor Degree
Job application procedure
Interested candidates should submit their applications with a recent CV, copies of all academic transcripts, certificates and testimonials, daytime telephone contact, postal and email address and three competent referee not later than Friday, 7th June 2024 by 5:00pm to:
Chief Human Resources Officer
Housing Finance Bank
Investment House
4 Wampewo Avenue, Kololo
Please take note that all applications should be sent by email to Recruitment@housingfinance.co.ug .
DO NOT HAND DELIVER YOUR APPLICATION.
Please note that ONLY shortlisted candidates will be contacted and any form of canvassing will lead to automatic disqualification.
Guidelines for submitting Documents
1. Ensure that all your documents are scanned and submitted in 1 single batch using the following order:
• Application letter
• Curriculum Vitae (CV)
• Academic Documents and Certificates
2. The maximum document size is 10 MB.
3. Please indicate the name of the position you are applying for in the subject.
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