BANK OF BARODA, India's International bank and one of the leading Banks in India, is having overseas offices/branches in 26 countries in all the 5 continents. Bank of Baroda (Tanzania) Ltd, a wholly owned subsidiary of Bank of Baroda, is in operation in Tanzania since 2004. The Bank wants to recruit the following personnel
POSITION: Senior Manager (Forex & Treasury Operations)
JOB ROLE:
The incumbent will be responsible to manage the Forex and Treasury functions of the Bank as a whole. The major functions include handling forex and treasury functions to maximize returns for the bank, framing respective policies and procedures, guiding/directing staffs under him, compliance of statutory and framing respective policies and procedures, guiding/directing staffs under him, compliance of statutory and regulatory requirements, etc.
MAJOR RESPONSIBILITIES
• Opening of Letter of Credit and verifying of documents drawn under L/C
• Processing import and export documents
• Processing remittance requests
• Authorizing swift messages
• Reconciliation of Nostro accounts
• Follow up of unresoncilied entries
• Monitoring and placement of funds in local and overseas banks
• Participating in Treasury Bills/Bonds
• Funding and monitoring balance in Clearing A/c maintained with Bank of Tanzania and SMR A/c
• Quoting exchange rates for cross currency transactions
Any additional duties may be assigned at the sole discretion of the management
Qualifications and Experience Requirements
• Tanzanian holding bachelor degree or equivalent qualifications need only apply
• Relevant professional qualifications in Forex/Treasury
• Competence in computer applications in Forex/treasury function
• Candidates with relevant experience in banking and/or other financial institutions for at least 3 years out of which 1 year in a senior position will only be considered
Compensation
The compensation package for all the above will be commensurable with the qualification and experience
Attributes
Candidates for all the posts must be self-motivated, with good track record. They must have professional integrity and demonstrating ability to make immediate and positive impact in the operations of the Bank
POSITION: Senior Manager (Forex & Treasury Operations)
JOB ROLE:
The incumbent will be responsible to manage the Forex and Treasury functions of the Bank as a whole. The major functions include handling forex and treasury functions to maximize returns for the bank, framing respective policies and procedures, guiding/directing staffs under him, compliance of statutory and framing respective policies and procedures, guiding/directing staffs under him, compliance of statutory and regulatory requirements, etc.
MAJOR RESPONSIBILITIES
• Opening of Letter of Credit and verifying of documents drawn under L/C
• Processing import and export documents
• Processing remittance requests
• Authorizing swift messages
• Reconciliation of Nostro accounts
• Follow up of unresoncilied entries
• Monitoring and placement of funds in local and overseas banks
• Participating in Treasury Bills/Bonds
• Funding and monitoring balance in Clearing A/c maintained with Bank of Tanzania and SMR A/c
• Quoting exchange rates for cross currency transactions
Any additional duties may be assigned at the sole discretion of the management
Qualifications and Experience Requirements
• Tanzanian holding bachelor degree or equivalent qualifications need only apply
• Relevant professional qualifications in Forex/Treasury
• Competence in computer applications in Forex/treasury function
• Candidates with relevant experience in banking and/or other financial institutions for at least 3 years out of which 1 year in a senior position will only be considered
Compensation
The compensation package for all the above will be commensurable with the qualification and experience
Attributes
Candidates for all the posts must be self-motivated, with good track record. They must have professional integrity and demonstrating ability to make immediate and positive impact in the operations of the Bank
APPLICATION INSTRUCTIONS:
All application should have names of three official referees who are not relatives of the candidates Applications accompanied by professionally prepared CVs (with residential address) copies of all supporting documents along with a recent photograph should be submitted within 18th February 2015 to the following address
The Managing Director
Bank of Baroda (Tanzania) Ltd
Plot No. 149/32 Ohio/Sokoine Drive
P.O. Box No. 5356
Dar es salaam
Note: Only short listed candidates will be contracted
The Managing Director
Bank of Baroda (Tanzania) Ltd
Plot No. 149/32 Ohio/Sokoine Drive
P.O. Box No. 5356
Dar es salaam
Note: Only short listed candidates will be contracted
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