Head of Trading at Co-operative Bank of Kenya

The role

The successful jobholder will be expected to:

• Develop, document, and implement Treasury trading strategies based on fundamental and technical analysis, in collaboration with the Treasurer.
• Conduct market surveys and gather intelligence to anticipate trends in key currency pairs.
• Execute Foreign Exchange trades to achieve budgeted revenue targets.
• Oversee Inter-Bank Foreign Exchange trading unit activities, ensuring adherence to procedures and policies.
• Manage the bank’s currency positions to meet revenue goals within established limits.
• Support training programs for junior dealers within the unit.
• Manage transfer pricing between the sales and trading desks.
• Contribute actively to enhancing the efficiency and quality of treasury product delivery processes.

Qualifications, Skills & Attributes

The successful jobholder will be required to possess the following qualifications:

• A Bachelor’s degree in a Business-related field, mathematics, or engineering. A Master’s Degree in a Business-related field is preferred.
  ACI dealing certificate.
• A minimum of seven years of experience in Treasury and treasury operations, including three years in a senior role.
• A thorough understanding of CBK and Banking Acts, with knowledge of their implications.
• Familiarity with Prudential Guidelines and their impact on Treasury management.
• Comprehensive knowledge of Treasury functions, including Back-Office processing.
• Expertise in Treasury products like foreign exchange, money markets, derivatives, and fixed income.
• A strong grasp of risk management principles.
• Ability to network effectively with internal and external stakeholders and maintain a good relationship with regulators on market related issues.