Treasury Manager- Islamic Banking at Equity Bank Limited

Equity Bank is one of the region's leading banks whose purpose is to transform the lives and livelihoods of the people of Africa socially and economically by availing them modern, inclusive financial services that maximize their opportunities. With a strong footprint in Kenya, Uganda and Southern Sudan, Equity Bank is now home to more than 7.3 million customers, the largest customer base in the Eastern African Region.

The Bank scouts for talented, creative and innovative team players who are excited by the opportunity of pushing the frontiers of the ever evolving microfinance industry, growing our services, delighting our customers and contributing to our community.

Treasury Manager- Islamic Banking

Job Purpose:

Reporting to the Director- Treasury, the role holder will be tasked with controlling and coordinating   the bank's foreign currencies exposure  positions created by the sales and purchase to and from customers, branches, departments, divisions, banks, etc and prudently manage the resulting market risk positions profitably and within the agreed guidelines and/or limit. He / She will perform comprehensive market analysis of the foreign exchange movements and position the bank appropriately with a view of making profit for the bank.

Key Responsibilities

• Responsible for the continuous supervision of processing and execution of all FX and money market deals executed.
• Provide professional treasury sales services to the bank's existing and potential customers
• Ensure the daily corporate FX income targets are met through coordinated interbank, corporate & retail dealings
• Oversee appropriate and timely funding and management of the Central Bank clearing accounts, intra-day liquidity, and domestic foreign currency and nostro accounts.
• Scan the markets for opportunities, projection and review recommendations based on thorough research and analysis
• Responsible for executing trading strategies to support the Treasury department meet its set targets.
• Ensure that daily transactions and activities conform to the set departmental goals and objectives.
• Keep abreast of the market movements, and accordingly report findings to the Senior Manager Treasury.
• Managing the bank investments pertaining to Bank placements.
• Ensure formulated, documented and implemented risk management policies and best practices are adhered to.
• Develop and implement systems as well as streamline processes within treasury and cash management to support growing complexity and scale of the business.
• Manage risks associated with corporate dealings by ensuring that all deals are executed in accordance with the laid down procedures.

Desired Skills and Experience

• At least an O-Level pass of C+
• Graduate with a business related degree.
• Treasury and banking background will be an added advantage
• Good understanding of  principles and practice of Foreign Exchange markets  & Foreign Exchange products, Money Markets & Money Market Products
• Knowledge and appreciation of risk management
• Above- average Sharia treasury products knowledge and treasury market practices
• Superior knowledge of CBK banking and treasury regulation

Desired Competencies

• Excellent written, verbal and interpersonal communication
• Team player and leader
• Trustworthy
• Should be able to handle pressure and stress of the market volatility during trading
• Excellent analysis and negotiation skills
• Computer literacy and keenness to detail
• Mathematically inclined

If you meet the above requirements, please submit your application together with a detailed Curriculum Vitae quoting the job you are applying for to jobs@equitybank.co.ke by 23 August 2014.

Only short listed candidates will be contacted.

Equity Bank is an equal opportunity employer.

We value the diversity of individuals, ideas, perspectives, insights, values and what they bring to the workplace.