General Manager Financial Markets Job Careers – Centenary Bank

Organization: Centenary
Duty Station: Kampala,
Reports to:
Managing Director
About US:
Centenary Bank is
the leading Commercial Micro Finance Bank in Uganda serving over 1,300,000
clients (a quarter of the banking population) in 58 branches spread
countrywide. We are one of Uganda’s top three financial organisations,
employing more than 1,900 people. Joining Centenary Bank is an opportunity to
use your skills and experience in tackling real world problems.
Job Summary:  The General Manager Financial Markets is
responsible for formulating and implementing the Bank’s Financial Markets
strategy to maximise profitability.     
Key Duties and Responsibilities: 
  • Champion the development and implementation of the Bank’s financial
    markets strategic plans; manage, promote, control and coordinate the
    Bank’s financial markets business with a view of maximising profits.
  • Work closely with the head of Commercial and head of Retail &
    Microfinance to grow client income from foreign exchange and fixed income
    business and develop the appropriate delivery mechanism to launch
    Financial Markets products.
  • Deliver the bank’s Foreign exchange, and fixed income budgets by
    designing and implementing FX and FI sales and marketing strategies,
    agreeing individual targets and action plans and monitoring performance
    against budget on daily, weekly and monthly basis.
  • In liaison with relevant business units draw up annual budgets,
    departmental strategic plan and allocation of resources.
  • Address the funding requirements of the Bank to ensure availability
    of sufficient liquidity for the smooth running of the Financial market’s
  • Develop appropriate pricing of all financial market’s products and
    services including approval of daily forex trading and position taking,
    investment recommendations on excess liquidity in the T bills and
    short-term money markets in line with the approved dealing limits and the
    regulatory framework.
  • Maximize profitability regarding income/revenue derived from
    trading, financing and hedging other financial markets products, and
    Monitor /control the currency and interest Rate risk position of the Bank
    to ensure maintenance of optimum balances within the approved ALCO risk
  • Develop a sustainable Financial Markets product sales plan in line
    with overall strategic business growth objectives of tapping and focusing
    on the country’s large export and import trade flows with a view of making
    the bank a major provider of innovative treasury and trade products.
  • Develop, grow and maintain a client relationship base
    (potential/existing) for forex and money market clients in line with the
    Bank corporate objectives in addition to developing good relationships
    with regulators with ability to contribute & where possible influence
    policy formulation.
  • Manage and monitor implementation of the Bank’s Risk policy
    guidelines in financial markets operations, and Market risk management of
    all Financial Markets trading activities within the agreed parameters to
    allow profitability and optimal capital utilization.
  • Implement Global standards of risk and control, systems and
    processes (including compliance)
  • Manage the dealing room risk, interest rate, liquidity and foreign
    exchange risk, with a view of avoiding or minimizing loss resulting from
    high risk exposures by ensuring that the dealing staff operate within
    approved dealing limits.
  • Develop the annual Financial Markets work plan and set benchmarks
    for the implementation, monitoring, periodic review and evaluation of the
    planned projects against set targets to support and advance business goals
    and initiatives of the Bank
  • Provide strategic and supervisory leadership to the Financial
    Markets team and lead in the implementation of effective performance
    management and Human Resources practices of the Bank

Qualifications, Skills and Experience:
  • The ideal candidate for the Centenary Bank General Manager Financial
    Markets job placement should hold a Bachelor’s degree in Finance,
    Business, Commerce and Economics or any related discipline
  • ACI Dealing Certification
  • At least ten years’ experience in Banking with specific preference
    to Financial Markets/treasury, 5 of which should have been in a management
  • A sound knowledge of all Financial Markets products with trading
    room experience
  • In depth knowledge of dealing systems and function.
  • Strategic thinking
  • Sales and Relationship management skills
  • Analytical, critical thinking and decision-making skills
  • Leadership skills
  • Reporting skills.
  • Willingness to take measured risks
  • Ability to manage and motivate staff
  • Broad knowledge of banking practices and local banking regulation
  • Broad knowledge of ALCO management
  • Knowledge of Trade Finance and Commercial Banking functions
  • Proficiency for evaluating market conditions and responding
    proactively and positively
How to Apply:
All candidates who
desire to join Centenary Bank should send their applications by following the
instructions below; downloading an application form for employment, 
, filling it and enclosing
an application letter, Curriculum Vitae (CV) with three professional referees
and copies of academic testimonials/certificates and send the application to:
General Manager
Human Resources, Centenary Bank, P.O. Box 1892 — Kampala, Uganda.
Note: While we thank all applicants for your interest. Only shortlisted
applicants will be contacted. Only shortlisted applicants will be contacted.
Deadline: 14th October 2019 by 5:00pm
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