Employment Opportunity
A reputable Commercial Bank in Zambia is seeking to recruit self-motivated, enthusiastic and innovative persons to fill the following position:
1. Team Lead- FX Sales /Treasury Services
S/he will perform the responsibility of:
- Manages the Bank’s balance sheet
- Provides Pricing and advisory services Bank-wide
- Ensure investment bookings are in accordance with policy
- Advise treasury operations on investments to book
- Advise credit admin on CP and BA assets, Commercial notes
- Monitoring of investment maturity date
- Ensures rates applied on investments and assets are in accordance with the Bank’s ruling rates
- Supervise the dealing/ trading in interbank foreign exchange markets and Money Markets.
- Provide advisory services to bank customers on products, rates and other FOREX information
- Negotiate and transact FOREX deals (swaps, forwards. etc) with correspondent banks and co-ordinate settlement
- Monitor price/rate movements on foreign currencies
- Monitor and analyse development in the environment and their implications on FOREX deals for management information
- To sell Forex and Fixed Income products to clients
- Raise deal slips for all transactions and maintain accurate records
- Work with Team Lead Sales in identify new business opportunities for clients, and also keep them abreast of information on the following:-Institutional and Corporate clients, -Products
- Provide quotes for clients
- Other duties as may be assigned by Head Country Treasurer
Qualification and Skills:
- First degree in any Business related discipline or equivalent. Masters in Business Administration or Banking & Finance and professional qualification will be an added advantage
- Minimum of 4 years’ experience in a bank/asset management institution
Required Knowledge, Skills and Abilities
- Knowledge and understanding of treasury products –
- SWAPS, Futures, Forwards, etc
- Knowledge and understanding of treasury techniques –
- ALM techniques, VAR techniques, hedging, etc
- Financial management skills
- Good Customer Service / Relationship Management
- Strong negotiation skills
- Financial Analysis / Interpretation capabilities
- Knowledge & understanding of money and financial markets
- Banking Operations (Domestic & International Operations)
- Treasury Management
- Liquidity/Cash flow Management
- Investment risk/ Return appraisal
- Portfolio management
- Knowledge of regulatory guidelines and policies
- Knowledge of trends in the financial services industry
2. Team Member Money Markets
S/he will perform the responsibility of:
- Manages the Bank’s balance sheet
- Process money market transactions
- Negotiate and transact on money market and Inter-bank securities, solicit and market Funds Management products to customers
- Raise deal slips on transactions and maintain accurate records
- Provide input for returns to Bank of Zambia and ensure accuracy of financial records, timely and accurate rendition of returns
- Provide accurate and timely Money Market reports to Group office
- Perform any other duties as may be assigned by Chief Dealer
Qualification and Skills:
- First degree in any Business related discipline or equivalent. Master’s in Business Administration or Banking & Finance and professional qualification will be an added advantage
- A minimum of 1-3 years’ experience in Dealing/Trading Functions
Required Knowledge, Skills and Abilities
- Knowledge and understanding of treasury products
- Excellent dealing/trading knowledge
- Excellent customer relationship
- Good negotiation, problem-solving and conflict resolution
- Knowledge and understanding of related financial products
- Creative thinking and innovative
- Analytical skills
- Financial skills
- Interpersonal skills
- Negotiation skills
Please clearly indicate the job title in the subject of your email and use your full name and the job you are applying for as the filename of your application. Applications should consist of your cover letter and CV only, in a single document. Hand delivered or posted applications will not be accepted. The closing date for accepting applications
is 21st October, 2022. Only short listed candidates will be contacted. All applications should be e-mailed to: apply@jobsportal-career.com.
