Treasury Officer at Development Bank of Rwanda (BRD): (Deadline 27 December 2021)

1. Background Information

Job Title:   Treasury Officer

Job Level:

Current Grade: JG 6

Division: Finance

Department/ Section/Unit: Finance

Reports to: Senior Manager, Financial Information Management

Direct Reports: N/A

Indirect Reports: N/A

2. Purpose of the Job

The purpose of the job is to monitor the market volatility on the different currencies the Bank operates to assist in decision making and internal reporting control to ensure that the bank funds are always well invested.

3. Main Responsibilities of the Job

• Prepare various liquidity reports as per the BRD reporting timelines, ensuring quality and timeliness in the reporting process
• Prepare a daily cash position and net position reports to management for information and decision making
• Prepare a weekly Bank liquidity projection taking into accounts the expected inflows and outflows
• Identify and disseminate information relating to liquidity sources, funding or investment counterparties, and global markets that may inform strategic and operational decision making
• Contribute towards the establishment of relationships with various financial institutions that BRD engages with, to ensure BRD achieves the support required on funding
• Undertake the day today operational aspects of the implementation of the BRD treasury management strategy, ensuring timeliness and quality
• Provide input into the development of the BRD treasury management strategy, ensuring responsiveness to market needs
• Analyze the market Risk in terms of currency, interest rates and liquidity and make appropriate recommendations
• Prepare a mismatch report of assets and Liabilities on a monthly basis
• Prepare investment proposals of available liquidity
• Timely follow up and reporting of the correspondent Banks transactions
• Ensuring successful payment to lenders of the bank
• Undertake the day-to-day foreign currencies buy and sale transactions by generating revenues for the bank.

4. Performance indicators

• Accurate liquidity reports
• Available data from market trends
• Updated foreign exchange rates
• Reports of liquidity mismatch
• Return on investments of the Bank’s liquidity
• Revenue on foreign currency transactions

5. Working relationships

• Financial institutions
• Other DFIs and Lenders

6.Professional, academic qualifications and experience

• Bachelor’s Degree in finance commerce, Accounting, Business Administration/ or related field
• A minimum of three (3) years experience working in a commercial bank or similar institution

7.Core competencies

• Demonstrable track record in treasury operations and management
• Banking treasury management systems
• Proven experience in managing relationships with correspondent banks and business partner
• Thorough knowledge and application of derivatives to hedge market risk
• Ability to analyze the dynamics of international financial markets and provide investment forecast
• Experience in Financial analysis and reporting