Head Treasury

A reputable Commercial Bank in Zambia is seeking to recruit self-motivated, enthusiastic and innovative persons to fill the following position(s):

HEAD-TREASURY

Reporting to Managing Director, s/he will perform the responsibility of:

• Strategic management of the Bank’s balance sheet
• Provides Pricing and advisory services Bank-wide
• Ensure investment bookings are in accordance with policy
• Advise treasury operations on investments to book
• Advise credit admin on CP and BA assets, Commercial notes
• Monitoring of investment maturity date
• Ensures rates applied on investments and assets are in accordance with the Bank’s ruling rates.
• Supervise the dealing/ trading in interbank foreign exchange markets and Money Markets.
• Provide advisory services to bank customers on products, rates and other FOREX information.
• Negotiate and transact FOREX deals (swaps, forwards. etc) with correspondent banks and co-ordinate settlement.
• Monitor price/rate movements on foreign currencies.
• Monitor and analyze development in the environment and their implications on FOREX deals for management information.
• Perform other functions as assigned by Management.

Qualification and Skills:

• First degree in any relevant discipline.
• Master’s in Business Administration or Banking & Finance and professional qualification will be an added advantage
• ACI certification
• Minimum of 8 years’ experience in a bank/asset management institution with a minimum of 4 years in Treasury. Experience in financial consulting and research will be an added advantage.

Required Knowledge, Skills and Abilities

• Strong knowledge and understanding of treasury products – SWAPS, Futures, Forwards, etc.
• Strong knowledge and understanding of treasury techniques – ALM techniques, VAR techniques, hedging, etc.
• Strong financial management skills.
• Good Customer Service / Relationship Management.
• Strong negotiation skills.
• Strong Financial Analysis / Interpretation capabilities.
• Knowledge & understanding of money and financial markets.
• Banking Operations (Domestic & International Operations)
• Treasury Management.
• Liquidity/Cash flow Management.
• Investment risk/ Return appraisal.
• Portfolio management.
• Knowledge of regulatory guidelines and policies.
• Knowledge of trends in the financial services industry.

Supervisory Skills

• Leadership
• Team building / conflict management
• Organization & coordination
• General managerial / administration skills

Generic Skills

• Strategic Focus
• Integrity and Discretion
• Initiative/ Proactive
• Analytical skills / Problem solving
• Resilience, Tenacity and Integrity
• Interpersonal skills
• Communication (oral & written)

.