Job Title: Team Leader Treasury Operations
Organisation: I&M Bank Uganda
Duty Station: Kampala, Uganda
Reports to: Senior Manager Operations
About US:
I&M Bank is a leading banking and insurance group in Eastern Africa with a presence in Kenya, Mauritius, Rwanda, Tanzania and Uganda. I&M Bank Uganda is a commercial bank headquartered at Kampala Road plot 6/6A with a growing regional presence. The Bank offers a wide range of commercial banking and financial products and services, and prides itself on introducing innovative products and services based on the needs of its customers.
Job Summary: The Team Leader Treasury Operations will officiate over the operational aspects Global Market’s services value proposition to meet the requirements of Domestic clients. Monitoring and mitigating, where appropriate, Credit and Operational Risk of the Treasury business.
Key Duties and Responsibilities:
Operational Performance:
- Support deal confirmation settlement and Reconciliation as per agreed SLA.
- Support exchange rates maintenance for both Forex and revaluation daily
- Perform Reconciliation of Government securities and ensure a return has been sent to Central bank regarding T-bills transactions.
- Facilitate Trade amendments and cancellations.
- Perform daily end of day checks to ensure all deals have been duly captured and reconciled with deal tickets before close of business.
- Effective application of settlement rules and standards
- Ensure rates are maintained in the core banking and peripheral systems daily as required.
- Achieve expected results within planned activities and expected timelines.
- Establish work practices and processes to improve productivity, client satisfaction and cost reduction.
- Securities processing and settlement:
- Securities processing and settlement for bank and client
- Client securities confirmations
- Derivatives processing and settlement:
- FX Forward products processing and settlement
- Ensure all client and Bank interbank forward trades are confirmed with counterparties.
- Ensure the best practice and due diligence is performed on customer transactions.
- Key Performance Indicators:
- Number of improvement initiatives registered and implemented.
- Positive Internal Audit and Compliant report findings
- Ensure that all required analysis, statistics, and returns are completed accurately and on a timely
- Monitor reconciliation of all suspense accounts used by the department.
- Motivate and develop the Department’s teams to achieve high levels of performance and job satisfaction, through directly applying the Bank’s processes for selection, objective setting and review, personal development planning, communication, empowerment, and reward management.
Qualifications, Skills and Experience:
- Minimum of bachelor’s degree in business course or its equivalent in related course.
- MBA or MSC in a relevant field or Professional qualification will be an added advantage.
- Six years of working experience in a commercially oriented organization mainly in the related field in operations function with at least 3 years at supervisory level.
- Experience of Treasury Products.
- Understanding of Banking instruments, procedures and Dealing practices
- Verbal presentation and analytical skills
- Excellent reporting and writing skills.
- Knowledge and understanding of the ACI settlement rules.
NB: Only shortlisted candidates will be contacted
How to Apply:
All suitably qualified and interested applicants should apply online at the link below.
Deadline: 1st May 2024
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