The jobholder is responsible for assisting the senior Treasury Analyst in ensuring optimum position is maintained in the Bank’s statutory reserve account held with Central Bank & efficiently conducting Liquidity Management Functions of the Group Treasury Department

EXTERNAL ADVERTISEMENT

VACANCY

TREASURY ANALYST - CLEARINGS

Applications are invited from persons with suitable qualifications to fill the position of “Treasury Analyst – Clearings” at our Group Treasury - FOREX.            

The jobholder is responsible for:

-Assisting the senior Treasury Analyst in ensuring optimum position is maintained in the Bank’s statutory reserve account held with Central Bank (surplus employed/shortfalls covered)

-Assisting the Senior Treasury Analyst in efficiently conducting Liquidity Management Functions of the Group Treasury Department

JOB RESPONSIBILITIES INCLUDE:

• Monitoring all incoming and outgoing transactions over the Real Time Gross Settlement System for settlement over the Bank’s Reserve Account.
• Processing client and Bank transactions that cross the Reserve Account on Phoenix System.
• Assisting management in ensuring the Bank’s surplus Statutory Reserve requirements are maintained at an optimum level and assisting in employing surpluses or covering shortfalls via inter-bank loans/repos.
• Evaluating options and making recommendations for maximizing returns on excess TTD and USD cash held across the Group (including Subsidiaries directly under the purview of Group Treasury) as required, while taking into consideration cashflow forecasting and liquidity needs.
• Collating data and preparing monthly Asset-Liability Committee, including analyses related to liquidity risk, interest rate risk, profitability, asset quality, FX risk, capital adequacy, economic/market risk etc., for Level 2 subsidiaries as assigned.
• Collating data, analyzing and producing reports/recommendations that fall under the scope of treasury management.
• Researching, negotiating and placing bookings on overnight Lending and Borrowings on the inter-bank market.

GENERAL QUALIFICATIONS AND REQUIREMENTS:

The jobholder should have:

• Two (2) years’ experience at a senior supervisory level and treasury background.
• Diploma in Business/Finance/Banking.
• Knowledge of Central Bank requirements.
• Knowledge of Real Time Gross Settlement System.
• Sound knowledge of the Bank’s Systems and Procedures and Branch Operations.
• Knowledge of local, regional and international markets.
• Knowledge of Phoenix processing.

BEHAVIOURAL COMPETENCIES AND SKILLS:

• Sound knowledge of MS Office Suite.
• Strong Analytical and Report Writing Skills.
• Strong Interpersonal, Organizational, Time-Management, Presentational and Written and Oral Communication skills.

REMUNERATION:

The Bank offers an attractive compensation package.

Closing date for submission of applications is October 11, 2024.

Thank you for your interest in Republic Bank Limited.

Please note that only suitable applications will be acknowledged.