Team Leader Treasury Operations

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. We are seeking to recruit a competent and highly motivated individual with extensive experience and abilities to support business growth in the following position:

JOB TITLE: Team Leader Treasury Operations

LOCATION: Head Office

REPORTS TO: Senior Manager Head Office Operations

JOB PURPOSE

• The job holder will officiate over the operational aspects Global Market's services value proposition to meet the requirements of Domestic clients. He / she will be responsible monitoring and mitigating, where appropriate, Credit and Operational Risk of the Treasury business.

KEY 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 inter bank forward trades are confirmed with counterparties.
• Ensure the best practice and due diligence is performed on customer transactions.

REQUIREMENT

Minimum Education Qualification:

• University graduate (BBA/BCOM)
• ACI Settlement Certificate Must have
• Basic Accounting

Work Experience:

• Minimum of 4-6 with 2 years in a Supervisory role

Key Required Competencies (Knowledge, Skills & Abilities):

• 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.

Note: Deadline for this job posting is 18th May 2023 at 5:00pm and only shortlisted candidates will be contacted