Family Bank Job in Kenya (Head of Treasury)

Exciting Career Opportunity at Family Bank

In order to support our growth, Family Bank one of Kenya’s leading banks and whose vision is to positively transform lives, is looking for a dynamic, proactive professional with strong credentials and relevant work experience to fill the position of:

Head of Treasury

Reporting To: Managing Director

Purpose: The incumbent will supervise and lead the trading team in undertaking daily activities within the stipulated guidelines; and ensure that all related risks are managed adequately in all the trading activities in order to achieve the set revenues

The Job

• Develop strategies and policies for Treasury department in line with the Bank’s strategic direction.
• Grow treasury trading business to include:
• Forex trading – set and implement trading strategies to ensure maximum profitability
• Local and Foreign currency bond trading – implement bond trading strategies (local and foreign currency denominated) to ensure maximum profitability in line with set targets.
• Liquidity management.
• Oversee the set up of the ALM desk activities and guide management on any balance sheet requirements.
• Risk management in both FX and Bond trading activities.
• Forecasting cash requirements and loan repayments
• Investment of surplus cash balances in accordance with company’s policies
• Team coaching and mentoring through performance management against agreed targets
• Provide leadership for the Treasury Team
• Team development to ensure high competence and high performance levels.
• Staff training and development on treasury matters.
• Maintain complete and accurate departmental documentation of activities as required.
• Adhere strictly to treasury risk controls with the Bank’s and regulatory standards, policies and practices; report control weaknesses, compliance breaches and operational loss events.

The Person:

The ideal candidate must possess the following:

Qualifications

• A Bachelors degree in Business/Commerce related or Finance fields. Possession of an MBA, CPA (K) will be an added advantage.
• Experience in a banking
• Strong banking operations and treasury experience within a financial institution
• Accounts, Project Management, Customer Service and/or bank regulatory experience are desirable.
• Have good knowledge and solid understanding of:
• Treasury Operations
• General Banking Operations
• The Banking Act
• CBK Prudential Guidelines
• Internal policies and procedures
• International financial reporting standards
• Other internal and external regulations
• Minimum five (5) years relevant working experience, three (3) of which should have been at senior management level.
• Outstanding proven track record of performance and achievement.
• Strong analytical and reporting skills

Competencies

• Demonstrate skills in strategy development and execution.
• Proven ability in relationship building through negotiation and networking

Job skills:

• Proven competence in Treasury and Finance
• Ability to multi-task and adequately prioritize work-flow
• Excellent Communication skills
• Computer skills: Adept in use of Ms Word, Excel, Access, power-point, Internet and email.

Personal Attributes

• Personality: results oriented with strong interpersonal relations and networking ability; A forward planner with clear focus, mature, reliable, hard working; strong analytical skills and able to work without supervision.
• Proven integrity, transparency and accountability

All applicants MUST apply online to the email Hr@familybank.coke; closing date is 13th April 2012.

Canvassing will automatically disqualify the candidate.

Only shortlisted candidates will be contacted.

“We are an equal opportunity employer”