Treasurer at Workforce Group

Job Description

We are seeking to hire a Treasurer who will ensure that the bank’s liquidity and funding are safeguarded; business, market & financial risks and cost element are identified and effectively managed in accordance with the banks policies and strategic objectives. Drive the generation of low-cost liability; maintain leadership position in money market, bonds, foreign currency and treasury /bills market. Become a destination bank for foreign portfolio investors. Effectively and efficiently manage the banks’ balance sheet position and substantially contribute to the financial performance of the bank

Responsibilities & Requirement

• A first degree or its equivalent in any discipline and relevant professional certifications e.g. ACI, or Treasury Dealership Certificate.
• Post graduate degree such as MBA or professional qualification in Accounting, FCA, ACA
• A certificate Qualification in Treasury Management such as Chartered Financial Analyst or Treasurer Dealership Certificate is compulsory
• Minimum of 15 years post-graduation experience out of which 8 years must have been spent in treasury related function.
• Formulate and monitor strategies, including analyzing and defining goals and targets for the treasury department.
• Supervise activities of the Treasury department.
• Define rates and prices for the bank’s treasury products.
• Advice treasury products price and rates to internal and external customers.
• Direct efforts to increase profitability through commissions and fee incomes on investments.
• Ensure optimum management of the bank’s balance sheet.
• Ensure the bank’s liquidity position is robust at all times.
• Oversee the research of and process to identify new business opportunities.
• Coordinate and manage relationships with external customers of the Treasury department and communicate new and current investment products to clients.
• Ensure compliance, with regulatory requirements in the department.
• Ensure reports for regulatory authorities and management are prepared in time.
• Participate in various management meetings e.g. Asset & Liability Committee (ALCO).
• Perform other duties as assigned by the Executive Director, Corporate Banking & Treasury
• Identify and manage business risks from both a customer and bank perspective by ensuring that appropriate control mechanisms are in place to minimize risk exposure.
• Mandatory knowledge of Accounting, Finance, Economics and business modelling.
• Excellent numerical skills & Knowledge & Understanding of the local & global financial markets.
• Excellent customer relationship development/Management.
• Good negotiation and social skills & Creative and innovative mindset.
• Knowledge and understanding of the bank’s products.
• Minimum of 5 years practical experience in screen-based dealing and two-way quoting system in financial instruments transactions.
• Good knowledge of product development.
• Excellent relationships with the regulatory authorities.
• Knowledge of money center’s domestically and globally