Senior Treasury Officer Needed at Maendeleo Bank PLC

Job Position Senior Treasury Officer at Maendeleo Bank PLC

Maendeleo Bank PLC is inviting applications from qualified and experienced candidates to fill vacant positions in its staff complements at its Head Office. The Bank seeks to recruit highly competent, self-motivated and professional individuals as follows:

Position: Senior Treasury Officer

Job summary:

Reporting to the Head of Finance, the Senior Treasury Officer is responsible to manage liquidity of the bank to meet cash and cash equivalent obligation on daily basis, in the medium and long term while maximizing income from excess liquidity.

Key responsibilities:

1. Responsibility for the development and implementation of Asset & Liability, Liquidity Risk, Interest Rate Risk, and Maturity Risk Management Programmes.
2. Develops and implements liquidity policy that complies with the bank’s goal and BOT requirements.
3. Identification of appropriate liquidity scenarios and asset and liability management scenarios.
4. Responsible for daily management and drawdown of wholesale funding facilities as required by treasury management policy.
5. Participates in renegotiation of committed wholesale funding lines via discussions with and preparation of information for the approval of the Managing Director.
6. Responsible for identifying and researching appropriate investment opportunities for ALCO that maximizes risk weighted return whilst complying with liquidity policy and BOT requirements.
7. Maintains close and co-operative relationships with banks as wholesale facility and funding providers.
8. Manages Treasury related transactions including loan facility re-pricing/maintenance, management of Treasury
9. Dealership book, economic advice and ad hoc review of treasury management policies.
10. Responsible for re-pricing and day to day management of key funding and lending facilities with other corporations.
11. Responsible for ensuring daily monitoring of interest rates applied to ensure the rates are consistent with the bank’s policies, including the preparation of exception reports to Risk and Compliance.
12. Maintains knowledge of current issues faced by Retail and brings this information to ALCO.
13. Responsible for all treasury related reporting to the Head of Finance and the Board on Treasury activities.
14. Management of Treasury systems (including data providers) to ensure smooth running of Treasury operations.
15. Actively identifies opportunities for system and process improvements and provides an appropriate level of involvement in solutions.

Minimum Qualifications and Experience Required:

University Degree/Advanced Diploma majoring in Finance, Accountancy, Business administration or their equivalent from a recognized institution. At least four (4) years’ experience in (Treasury Management) banking Industry.

Remuneration:

Maendeleo Bank PLC offers competitive remuneration and benefits. The successful candidates will receive attractive and competitive package commensurate with the demands of the positions.

Mode of Application:

Application letters addressed to the Managing Director, P. 0. Box 216, Dar es Salaam enclosing detailed curriculum vitae, full contacts (address and telephone numbers) and three referees or through E-mail hr@maendeleobank.co.tz

The deadline for submitting the application is 29 June 2021 at or before 17.00 hours.