DEADLINE: 07/01/2025
Treasury Officer
Contract
Yako Bank is hiring a Treasury Officer will manage the bank’s foreign exchange position and invest excess funds in the money market to generate profits while ensuring the required liquidity levels are maintained.
Reporting To: Finance Manager
Location: Head Office
Key Result Areas:
Treasury Operations:
- Maintain and update the investment schedule.
- Conduct market research to determine market trends.
- Monitor cash and bank balances to ensure sound liquidity management.
- Negotiate competitive prices for both assets and liabilities to achieve a stable net income.
- Ensure compliance with cash management procedures.
- Maintain strong relationships with customers and other stakeholders.
- Prepare and submit daily, weekly, and monthly reports to ensure compliance.
- Undertake foreign exchange trading for both wholesale and retail clients.
Sales and Customer Engagement:
- Design and implement sales plans to attract more customers, including working with branches to identify potential clients and engage in business networking.
- Maintain a record of foreign exchange customers and transactions for continuous engagement.
- Work with the Treasury Dealer to manage foreign exchange trading functions to meet the bank’s financial goals.
Sales Strategy:
- Develop and implement sales strategies to achieve fixed-income sales targets.
- Identify opportunities for cross-selling and upselling fixed-income products.
Market Analysis:
- Monitor financial markets, economic indicators, and interest rate movements.
- Analyze market conditions to provide timely and relevant advice to clients.
Risk Management:
- Assess and manage risks associated with fixed-income transactions.
- Implement risk mitigation strategies as needed.
Reporting:
- Generate regular reports on fixed-income sales performance.
- Provide updates to management on market developments and client interactions.
Customer Service:
- Address client inquiries and concerns promptly and professionally.
- Ensure a high level of customer satisfaction through effective communication.
Collaboration:
- Collaborate with internal teams, including research, trading, and compliance.
- Work closely with colleagues to achieve overall treasury and bank objectives.
Required Competencies:
- Education & Qualifications:
- Bachelor’s degree in Finance, Economics, Business Administration, or a business-related field from a recognized university.
- Professional certifications such as ACI are an added advantage.
- At least a distinction in Math and English at O’ Level.
- Experience:
- Minimum of two years’ experience in a financial institution within the treasury department.
- Demonstrated sales and customer relationship management skills.
- Knowledge of the banking environment and excellent networking skills.
- Skills & Attributes:
- Strong analytical skills and business acumen to make sound judgments and maximize forex revenues.
- Ability to gather, analyze, and offer solutions to customer needs.
- Excellent communication and interpersonal skills.
- Proficiency in computers and familiarity with banking systems.
- Ability to work under minimal supervision.
Key Competency Requirements:
- Initiative & Decisiveness
- Innovation & Value Addition
- Drive for Results
- Relationship Building
- Communication & Influencing for Impact
- Thought Leadership
- Learning & Resourcefulness
Applications:
Suitably qualified candidates should address their applications to:
Human Resource & Administration Manager
Yako Bank, Forest Mall Lugogo, Kampala, Uganda
Applications should include a cover letter, CV, and photocopies of academic testimonials, and must be sent via email to [email protected]. The CV should include telephone contacts and email addresses of three referees, one of whom should be the most recent employer.
Closing Date: 7th February 2025
Note: Only shortlisted candidates will be contacted.
Equal Opportunity Statement:
Yako Bank is an equal opportunity employer. We are committed to safeguarding humanity and maintaining a transparent recruitment process. We require no payment or favors from candidates/job applicants. Qualified female candidates are encouraged to apply.
