Exciting Career Opportunity at Family Bank
In order to support our growth, Family Bank one of Kenya’s leading banks and whose vision is to positively transform lives, is looking for a dynamic, proactive professional with strong credentials and relevant work experience to fill the position of:
Reporting To: Managing Director
Purpose: The incumbent will supervise and lead the trading team in undertaking daily activities within the stipulated guidelines; and ensure that all related risks are managed adequately in all the trading activities in order to achieve the set revenues
The Job
Develop strategies and policies for Treasury department in line with the Bank’s strategic direction.
Grow treasury trading business to include:
Forex trading – set and implement trading strategies to ensure maximum profitability
Local and Foreign currency bond trading – implement bond trading strategies (local and foreign currency denominated) to ensure maximum profitability in line with set targets.
Liquidity management.
Oversee the set up of the ALM desk activities and guide management on any balance sheet requirements.
Risk management in both FX and Bond trading activities.
Forecasting cash requirements and loan repayments
Investment of surplus cash balances in accordance with company’s policies
Team coaching and mentoring through performance management against agreed targets
Provide leadership for the Treasury Team
Team development to ensure high competence and high performance levels.
Staff training and development on treasury matters.
Maintain complete and accurate departmental documentation of activities as required.
Adhere strictly to treasury risk controls with the Bank’s and regulatory standards, policies and practices; report control weaknesses, compliance breaches and operational loss events.
The Person:
The ideal candidate must possess the following:
Qualifications
A Bachelors degree in Business/Commerce related or Finance fields. Possession of an MBA, CPA (K) will be an added advantage.
Experience in a banking
Strong banking operations and treasury experience within a financial institution
Accounts, Project Management, Customer Service and/or bank regulatory experience are desirable.
Have good knowledge and solid understanding of:
Treasury Operations
General Banking Operations
The Banking Act
CBK Prudential Guidelines
Internal policies and procedures
International financial reporting standards
Other internal and external regulations
Minimum five (5) years relevant working experience, three (3) of which should have been at senior management level.
Outstanding proven track record of performance and achievement.
Strong analytical and reporting skills
Competencies
Demonstrate skills in strategy development and execution.
Proven ability in relationship building through negotiation and networking
Job skills:
Proven competence in Treasury and Finance
Ability to multi-task and adequately prioritize work-flow
Excellent Communication skills
Computer skills: Adept in use of Ms Word, Excel, Access, power-point, Internet and email.
Personal Attributes
Personality: results oriented with strong interpersonal relations and networking ability; A forward planner with clear focus, mature, reliable, hard working; strong analytical skills and able to work without supervision.
Proven integrity, transparency and accountability
All applicants MUST apply online to the email Hr@familybank.coke; closing date is 13th April 2012.
Canvassing will automatically disqualify the candidate.
Only shortlisted candidates will be contacted.
“We are an equal opportunity employer”
In order to support our growth, Family Bank one of Kenya’s leading banks and whose vision is to positively transform lives, is looking for a dynamic, proactive professional with strong credentials and relevant work experience to fill the position of:
Head of Treasury
Reporting To: Managing Director
Purpose: The incumbent will supervise and lead the trading team in undertaking daily activities within the stipulated guidelines; and ensure that all related risks are managed adequately in all the trading activities in order to achieve the set revenues
The Job
Develop strategies and policies for Treasury department in line with the Bank’s strategic direction.
Grow treasury trading business to include:
Forex trading – set and implement trading strategies to ensure maximum profitability
Local and Foreign currency bond trading – implement bond trading strategies (local and foreign currency denominated) to ensure maximum profitability in line with set targets.
Liquidity management.
Oversee the set up of the ALM desk activities and guide management on any balance sheet requirements.
Risk management in both FX and Bond trading activities.
Forecasting cash requirements and loan repayments
Investment of surplus cash balances in accordance with company’s policies
Team coaching and mentoring through performance management against agreed targets
Provide leadership for the Treasury Team
Team development to ensure high competence and high performance levels.
Staff training and development on treasury matters.
Maintain complete and accurate departmental documentation of activities as required.
Adhere strictly to treasury risk controls with the Bank’s and regulatory standards, policies and practices; report control weaknesses, compliance breaches and operational loss events.
The Person:
The ideal candidate must possess the following:
Qualifications
A Bachelors degree in Business/Commerce related or Finance fields. Possession of an MBA, CPA (K) will be an added advantage.
Experience in a banking
Strong banking operations and treasury experience within a financial institution
Accounts, Project Management, Customer Service and/or bank regulatory experience are desirable.
Have good knowledge and solid understanding of:
Treasury Operations
General Banking Operations
The Banking Act
CBK Prudential Guidelines
Internal policies and procedures
International financial reporting standards
Other internal and external regulations
Minimum five (5) years relevant working experience, three (3) of which should have been at senior management level.
Outstanding proven track record of performance and achievement.
Strong analytical and reporting skills
Competencies
Demonstrate skills in strategy development and execution.
Proven ability in relationship building through negotiation and networking
Job skills:
Proven competence in Treasury and Finance
Ability to multi-task and adequately prioritize work-flow
Excellent Communication skills
Computer skills: Adept in use of Ms Word, Excel, Access, power-point, Internet and email.
Personal Attributes
Personality: results oriented with strong interpersonal relations and networking ability; A forward planner with clear focus, mature, reliable, hard working; strong analytical skills and able to work without supervision.
Proven integrity, transparency and accountability
All applicants MUST apply online to the email Hr@familybank.coke; closing date is 13th April 2012.
Canvassing will automatically disqualify the candidate.
Only shortlisted candidates will be contacted.
“We are an equal opportunity employer”