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Job Title:  Liquidity Manager  

Organisation: DFCU Bank

Duty Station: Kampala, Uganda

Reports to: Head of Treasury

About the Company:

DFCU Bank is a fast growing commercial bank offering a variety of innovative products and services. DFCU Limited was started by the Commonwealth Development Corporation (CDC) of the United Kingdom and the Government of Uganda through the Uganda Development Corporation (UDC) under the name of Development Finance Company of Uganda Limited. Later restructuring brought in DEG (of Germany) and International Finance Corporation (IFC) as equal partners with CDC and UDC, each having a 25% stake in the company. Its objective was to support long-term development projects whose financing needs and risk did not appeal to the then existing financial commercial lending institutions.

Job Summary:   Reporting to the Head of Treasury, the Liquidity Manager will be responsible for managing the liquidity position of the Bank, optimising and executing the funding and liquidity management of the Bank.

Key Duties and Responsibilities:

• Monitor and manage the bank’s Cash Reserve Requirement ensuring that the bank maintains optimum liquidity and no regulatory breaches while driving the best return from this liquidity.
• Engage all business stakeholders to ensure that their activities are aligned to support the optimal liquidity structure and identify any potential risks from their activities.
• Perform pipeline analysis including composition and yields as well as impact on mismatches for proper liquidity planning.
• Identify and monitor liquidity risk parameters to facilitate operational planning as well as engage stakeholders in addressing potential breaches of limits and guidelines.
• Prepare daily management reports showing key movements with impact on liquidity.
• Identify the best investment profile that will drive the highest return from the available liquidity and engage all stakeholders to get buy in and ensure that this is executed.
• Provide prompt reporting and escalation to breaches of limits and guidelines both internal and regulatory.
• Regular engagement with the business stakeholders to ensure that behavioural liquidity assumptions are re-calibrated at least on an annual basis.
• Build robust liquidity forecasting models and scenario analysis tools to identify any potential future liquidity risks.
• Prepare policies and risk frameworks that will guide the bank achieving optimal liquidity structures.
• Regular engagement with the business stakeholders to ensure that all assumptions on liquidity stress testing and contingency funding plans are updated.
• Review and engage the business on their budget inputs to identify and address any liquidity risks during the planning cycle and support the finance team in ensuring that these are embedded in the budgeting and forecasting processes.

Qualifications, Skills and Experience:

• University graduate in Business or Financial related degree with a highly numerate bias.
• ACCA qualification is an added advantage.
• At least five years experience in Finance / Risk / Treasury in a busy Commercial environment.
• In-depth knowledge of liquidity management.
• Knowledge of Financial markets and economic fundamentals.
• Appreciation of financial analysis and risk issues.
• Computer literacy and working knowledge of software packages such as MS Word, MS Excel, MS Powerpoint, MS Access.
• Good communication and presentation skills to senior-level audiences.
• General knowledge of the Banking environment.
• Excellent report writing, verbal, presentation, and interpersonal communication skills.
• Strong numeracy skills, attention to detail and personal effectiveness.
• Personal initiative.

How to Apply:
If you believe you meet the requirements as noted above, please forward your application with a detailed CV including your present position and copies of relevant professional/academic certificates, to the email address indicated below:

Vacanciesbank@dfcugroup.com

Deadline: 7th August  2024.

NB: Only shortlisted candidates will be contacted. Please note that all recruitment terms and conditions as stated in the HR Policies and Procedures Manual shall apply.

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