Assistant Manager Treasury at CDL Human Resource

Job Purpose Statement

• Responsible for Forex Sales and trading.
• Execution of the bank’s foreign exchange business strategy by foreign exchange dealings with designated clients to achieve the foreign exchange income.
• Achieve Forex income budget allocated on a yearly basis.
• Foreign exchange exposure adherence as per the Bank’s policies and regulatory compliance.
• Collaborate with Corporate and Retail business teams to close forex transactions.
• Assist with growth of Forex clientele and Forex volumes at the bank.
• Co-ordinate all forex related activities in the department.
• Assist with all other treasury functions as required.

Key Responsibilities

Financial

• Achieve Forex income budget allocated on a yearly basis.
• Grow forex sales transactions and volumes in conjunction with the Business teams
• Optimize Forex profitability
• Effectively manage the foreign exchange risks arising out of exposures for all traded currencies in the department.
• Propose product development to enhance forex income and volumes

Customer

• Ensure seamless and timely service to all forex customers.
• Designated client calls and visits in conjunction with Business teams to ascertain each clients Forex requirements, patterns and plans.
• Collaborate with Corporate and Retail business teams to close forex transactions.
• Initiate and develop new customer pipeline in line with the New to bank customers strategy.
• Actively market bank products to new and existing clientele.
• Maintain and enhance client relations and Treasury Inter bank relations.

Internal Business Process

• Local and foreign market news dissemination.
• Ensuring that Forex Board rates and website rates are updated on time.
• Ensuring timely booking of all Forex transactions, and accurate posting by the Branch/Operations back-office teams.
• Daily FX reporting to Head of Treasury.
• Client visit call report submission to Head of Treasury.
• Adhering to internal Treasury policy guidelines, protocols, procedures and limits.
• Ensure strict adherence to the Kenya FX Code and risk control guidelines.

Functional responsibilities

• Reporting to Head of Treasury all Forex desk activities.
• Adhering and working within allocated dealing limits.
• Provide ongoing training to RMs, branch staff and business teams as well as monitoring Business teams performance on Forex income.
• Teamwork and multi-tasking with the Treasury dealers’ team.

Requirements

Job Specification

• Professional qualifications in a business-related field.
• Minimum of 4 years’ experience in a Bank Treasury on Forex dealing.
• ACI Dealing Certificate or Professional Qualification in Banking related disciplines would be an added advantage.
• Proficiency in Microsoft Office Suite, data analytics
• Reuters Refinitiv and FXT trading platform knowledge and experience.
• Experience in Money Market, Fixed Income Trading and other Treasury functions will be an added advantage.
• Comprehensive understanding of foreign currency trading dynamics.
• Good understanding of the Global and the Kenyan markets.
• Strong customer negotiation and retention skills.
• Strong Sales and trading management skills.
• Strong knowledge of Treasury products.
• Good Customer Service / Relationship Management.
• Strong negotiation skills.
• Oral & Written communication and research skills.
• Financial and Analytical mindset
• Profit income-oriented mindset