Summary
Date Posted: Friday, July 08, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
Reporting to the Head of Central Operations, the role holder will be responsible for managing, administering, and processing the Trade Finance facilities as well as providing wider support to all the Bank’s Treasury Back Office activities to in order to create a centre of excellence.

Location: Kampala

Key Accountabilities:
• Oversee the timely and accurate execution of all trade transactions and documentation, including Import and Export transactions, Letters of Credit, guarantees, Import/Export bills, Contract Finance, Forwards, and all the other Trade Finance products.
• Monitor compliance of all Financial Markets Back Office activities, relative to policies and market best practices.
• Formulate the financial market Operations and Trade Finance operation’s policies, procedures, measures, and risk management and mitigation approaches.
• Administer and monitor Trade Finance products by carrying out the various processes at the different stages in the life cycle of these products.
• Communicating with counterparties and other functions within the Bank to solve ad hoc problems relating to treasury transactions when required to.
• Champion projects to improve processes by identifying the gaps or waste and liaising with other business units to develop mechanisms to improve.
• Regular proactive review of the reconcilable accounts to ensure reconciliations are up to date and follow up/ investigate items outstanding.
• Review service reports for Trade Finance and Financial Markets Ops to detect service failures and enforce corrective measures.
• Introduce & maintain service standards that are measurable.
• Manage, mentor, and conduct training to motivate and develop staff as well as fostering a team approach by actively building strong working relationships within the unit as well as identification of training needs.
• Champion the due diligence and AML/CFT, KYC programs in the unit in line with the bank policies / regulatory framework.
• Enforcing preparation and submission of regulatory reports as in line with set timelines.
• Prepare and submit reports to the Head of Central Operations on operational issues, opportunities and development plans and achievements within agreed timescales.

Qualifications, Experience And Competencies Required:
• Bachelor’s Degree required in Commerce, Accounting or Business Statistics or another field.
• Treasury Cetification (ACI).
• Recognised Professional Qualification in Treasury Cert. in International Treasury Management is an added advantage.
• A minimum of 5 years Trade Finance Operations and Financial Markets Operations.
• Up to date knowledge of current Trade finance and Treasury Back Office operating practices and procedures.
• Up to date knowledge of compliance matters, including KYC, AML, and CFT issues.
• Sound understanding of banking, foreign exchange, and Treasury functions.
• Good Knowledge and experience in examining and re-engineering processes and procedures, formulating policy, and developing and implementing new processes and procedures.
• Ability to supervise, train staff, including organizing, prioritizing, and scheduling work assignments.
• General awareness of risk management practices.
• Excellent interpersonal and communications skills.
• Proactive approach to work with a high level of maturity and self-drive.
• Strong problem-solving skills.
• High level of integrity and ethical standards.
• Employee development and Perfo

Work Hours: 8

Experience in Months: 60

Level of Education: Bachelor Degree

Job application procedure
If you believe you meet the requirements as noted above, please forward your application with a detailed CV including present position and copies of relevant professional/academic certificates (University Transcript, O & A level), by close of business on Tuesday 19th July 2022 to the email address indicated below.
Vacanciesbank@dfcugroup.com 
dfcu Bank is committed to give equal opportunities in employment and aims to ensure that it does not discriminate against gender or race. Only short-listed candidates will be contacted through +256 312 300391.
Disclaimer: dfcu Bank does not solicit/accept payment in cash/kind from prospective candidates in exchange for shortlisting or job placement. Any candidate who engages in this kind of transaction is aiding and abetting fraud and will be automatically disqualified.

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