To ensure adherence to Bank’s policy of maintaining adequate liquidity at all times and hence to be in a position, in the normal course of business, to meet all its obligations. Also to be self-sufficient in liquidity management by meeting all its obligations, to make payments as they fall due, coupled with the prudent management of local payment/clearing system liquidity, ensuring adequate intra-day cash or negotiable instruments are held.
Maintain adequate liquidity at all times, to ensure the Bank can meet all its commitments.
Disseminate and synthesize economic research with a view to formulating appropriate liquidity and balance sheet strategies.
Monitor all relevant market and liquidity risk reports and act to maintain positions within limits.
Monitor daily PNL, Own the PNL and be responsible for explaining any changes in accrual run rate.
Daily cash management and squaring of money market books
Establish and maintain external relationships with brokers, internal relationships with sales and derivatives desks.
Ensure full adherence to all Compliance Risk Management. Responsible for undertaking the business monitoring and testing and reporting findings, exceptions and results from such monitoring / testing activities
Observe and work within ALCO approved targets.
Ensure money laundering prevention requirements and procedures are communicated to unit staff in Treasury.
Ensure the procedure of suspicious transactions monitoring within Treasury.
Report any issues related to money laundering prevention arising within the unit to Compliance and unit head.
Vet and assist in the investigation of suspicious transaction reports originating from unit staff.
Communicate with Relationship Managers (RMs) on money laundering requirements and suspicious transactions.
Ideal candidate must be university graduate with a min 7-8 years in Treasury and experience of Fixed Income and Money Markets.
He must be highly numerate & possess a good understanding of risk, reward strategies & should be able to act decisively, communicate ideas clearly, articulate market views and translate into trading strategies
Fully conversant with Reuters, Bloomberg and other financial systems; Central Bank guidelines; ALCO, Credit and Market Risk policies; Sharia’a principles and guidelines.