Summary
Date Posted: Saturday, January 18 2025, Base Salary: Not Disclosed

JOB DETAILS:

Job Purpose:
Responsible for managing the bank’s funding requirements, foreign exchange transactions and investing excess liquidity all within set limits as approved by the Assets Liability Committee.

Key Responsibilities
1. Manage the bank’s foreign exchange dealings to ensure profitable trading.
2. Oversee management of the bank’s cash position, to ensure a balance between deposits (Liability) and lending (Corporate Banking) and guarantee appropriate funding to meet obligations; while maximizing profitability.
3. Source for corporate deposits within the bank’s deposit policy framework and at rates approved by ALCO either to meet operating needs or for trading on its own account.
4. Manage the Bank’s investment portfolio to ensure optimum returns and to seek opportunities for generating profit.
5. Manage and monitor the Bank’s market risk exposure, foreign exchange risk, interest rate risk and liquidity risk with a view of generating maximum returns for the bank
6. Conceptualise the treasury instruments and support in formulating treasury strategies.
7. Provide expertise in the development of the bond market in Uganda (as an individual) by conducting seminars for dissemination of knowledge and the development of bond calculators for use by market participants.
8. Convenor of Assets Liability Committee meetings to conceptualise treasury instruments and formulate treasury strategies.
9. Manage and supervise the Treasury Team to promote a healthy and positive working environment, which encompasses skill and management development, sound succession planning; maintain and promote high ethical standards within the treasury unit.
10. Any other duties as may be assigned from time to time

Additional Responsibilities
The Bank reserves the right to amend, modify, or adjust the responsibilities of this position as business needs evolve, in alignment with applicable labour laws. The Employee may also be required to undertake additional duties or projects from time to time, within their capabilities and consistent with the responsibilities of the role, as directed by the Employer.

Key Performance Indicators:
• FX trading income
• Bond trading income
• Service index of your department/unit
• FX treasury turnover
• No of FX transactions
• Audit/Risk/Compliance issue resolution rate
• % of Audit/Risk/Compliance issues outstanding for > 3 months
• Liquidity Management- internal limits
• Regulatory penalties and warnings in liquidity and market sensitivity management

Required Qualifications and Skills:
1. Education: Bachelor’s degree in Finance, Accounting, or related field. A post graduate qualification in finance, banking or ACI dealership. Master’s degree in Finance or MBA will be an added advantage.
2. Experience: A minimum of 8 years’ experience, 4 of which should be at Senior Management level.
3. Technical Skills: Deep understanding of treasury products and the money markets; Knowledge of financial industry trends and the economic environment.
4. Soft Skills: Strategic thinker with strong problem-solving and decision-making capabilities; excellent communication and stakeholder management skills; ability to inspire and lead in a fast-paced, dynamic environment.

Additional Requirements/Competencies:
• Strategic Vision: Ability to develop and communicate a clear vision.
• Adaptability: Comfortable navigating a fast-paced, evolving environment with competing priorities.
• Innovative Thinking: Strong ability to think creatively and leverage technology to solve business challenges.
• Data-Driven Decision-Making: Skilled in using data analytics to inform decisions and track progress.
• Collaboration: Strong interpersonal skills and ability to work across diverse teams and stakeholders.
• Change Leadership: Proven capability to lead cultural and organizational change to foster innovation and agility.
• Customer Focus: Demonstrated commitment to enhancing customer experience through digital platforms.
• Risk Management: Deep understanding of risks associated with treasury and implementing effective controls.

Job Experience: No Requirements

Work Hours: 8

Experience in Months:

Level of Education: Bachelor Degree

Job application procedure
• Interested and qualified? Click here to apply

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