Head of Treasury at BANK OF AFRICA: (Deadline 6 October 2023)
JOB VACANCY ANNOUNCEMENT
BANK OF AFRICA – RWANDA PLC is a Commercial Bank that operates in Rwanda serving businesses/entities and individuals. BANK OF AFRICA started its operations in Rwanda in October 2015 after the acquisition of AGASEKE BANK that had been operating in Rwanda since November 2003. BANK OF AFRICA RWANDA PLC is part of BANK OF AFRICA BMCE Group which was established over 35 years ago in Mali and currently Operating in more than 18 countries. In Rwanda, the bank now has 14 branches, including 8 branches in Kigali city, 6 branches in upcountry (Muhanga, Huye, Musanze, Rubavu, Rusizi and Kayonza) and 1 outlet at Milles Collines Hotel-Kigali.
Bank of Africa Rwanda Plc seek to recruit well qualified and experienced candidate to fill the following position within Head Office:
Position Title: Head of Treasury
The incumbent’s duties and responsibilities include:
- Manage the dealing/ trading in interbank foreign exchange markets, Bonds and Equities to ensure timely and efficient service delivery to customers
- Solicit and market FOREX services to clients.
- Provide advisory services to bank customers on products, rates and other FOREX information.
- Negotiate and transact FOREX deals (swaps, forwards. etc) with correspondent banks and co-ordinate settlement
- Monitor price/rate movements on foreign currencies
- Monitor and analyze development in the environment and their implications on FOREX deals for management information
- Ensure that FOREX books are accurate and comply with regulations
- Ensure timely and accurate rendition of returns to statutory authorities
- Perform other duties as assigned by the Managing Director
Desired Experience, Skills, and Abilities
- Degree in Accounting / Finance / Economics Plus ACA or Equivalent
- Minimum of 8 years experience in a bank/asset management institution with a minimum of 4 years in treasury.
- Experience in financial consulting and research will be an added advantage
- Experience in Forex, Money; bond markets, Interest rate and liquidity risk management
- Strong knowledge and understanding of treasury products – SWAPS, Futures, Forwards, etc
- Strong knowledge and understanding of treasury techniques – ALM techniques, VAR techniques, hedging, etc
- Strong financial management skills
- Good Customer Service / Relationship Management
- Strong negotiation skills
- Excellent Financial Analysis / Interpretation
- Knowledge of regulatory guidelines and policies
- Knowledge of trends in the financial services industry
- Good strategic planning and management skills
- Good communication skills (oral & written)
- Strategic Focus
- Integrity and Discretion
- Initiative/ Proactive
How to apply:
If you meet the above requirements, submit your application by 6th October 2023.
All applications should be in soft and through the email: Bankofafricarecruitement@boarwanda.com
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