The job holder is responsible for managing the liquid assets of the Bank, the liquidity of the bank, investment activities and overall Asset Liability Management function within Treasury.
- Ensure Business Profitability through management of funds to maintain optimal balances, management of liquidity, and interest rate risk and maximizing excess investment cash.
- Formulation of Asset Liability and Investment strategic plan for the department in order to meet Liquidity, revenue, investment income, Securities Trading profits and cost management targets.
- Establish and maintain relationships with local and foreign counterparties and in the process enhance lines with counterparties - local and international.
- Identify and Manage market and settlement risks that the department faces on a day-to-day basis. Also, ensure that all dealers stick to counterparty trading and credit limits.
- Establish and maintain high level contacts with current and targeted customers, regulatory authorities and product partners.
- Ensure compliance with bank's set risk thresholds as well as regulatory limits set by the Central Bank of Kenya.
- Assist the treasurer and ALCO in formulation and implementation of department and bank strategic plans.
- Arrange and attend Meetings with the Central Bank of Kenya / Key banks & Brokers, Money Market teams.
- Streamlining operation procedures and also improving on the same when necessary.
- Ensure compliance with all Risk and KYC standards.
- To arrange for Training and Development of reporting staff to acquire and improve their job knowledge and to prepare them for future leadership positions.
- Create a professional, proactive, and performance-driven culture across the department, through motivating staff by communication and involvement, objective setting and appraisal, training and development, and recognition and appropriate reward, to enable them deliver high-quality output.
- The role will be a proxy to the FX Trading Desk.
Customers of this position
- All Banks and FIs
- Counterparties for dealings of securities
Qualifications & Experience
Academic and Professional Qualifications
- Bachelor's degree in related specialization of study.
- Relevant Professional Qualification.
- Member of a relevant professional body.
- Proficiency in Microsoft Office Suite.
- Minimum of 6 years overall experience and out of which at least two (2) years should be at managerial level.
- Demonstrate high levels of integrity.
- Ability to communicate both inside and outside the organization, Formal presentation.
- Dynamic, analytical and self-driven individual with the ability to work under pressure.
- A passion for performance, team player and achievement in a competitive and dynamic environment.
- Hardworking, strategically minded individual with excellent communication and interpersonal skills.
- Thorough understanding of the Forex procedures, Prudential Guidelines and practice and the ability to interact with all levels of management and staff.
- Must have excellent leadership, organizational, and planning skills.
- Good analytical skills and problem-solving skills.
- Excellent negotiating and interpersonal skills.
- Delegated Authority
- Management of ALM.