Treasury Middle Office Manager Jobs in Kenya at CO-OPERATIVE BANK OF KENYA LTD

Job Title: Treasury Middle Office Manager

Employer: CO-OPERATIVE BANK OF KENYA LTD

Duty Station: Nairobi,
Application Deadline: 8th August 2013.

Job Details
Bank of Kenya, ‘‘The Kingdom Bank’’ is looking to fill the following position:  Manager, Treasury Middle Office
Main Duties;
The key responsibilities will among others include:
• Maintain a robust risk and control management framework to mitigate defined risks.
• Maintain, monitor and report individual dealer, counterparty and open market limits utilization and violations
• Updating on limit utilization and ensuring periodic review of the limits
• Real time reconciliation of the trader’s intraday and overnight foreign exchange and money market positions and advising the trader on the accurate positions and Nostro balances held
• Effectively support and supervise the risk profile of dealers’ positions, in line with internal and external risk management and regulatory imperatives
• Supervising the accurate and timely preparation of the daily product, dealer and transaction Profit & Loss Reports including analytical review and commentary and reporting the same on daily basis.
• Obtaining daily Profit & Loss report sign offs from Treasury and keeping track of the same
• Highlighting and escalating of off-market transactions or cancelled and amended deals.
• Understand and apply best practices for the documentation of treasury transactions.
• Mitigate settlement risks by checking and verifying deal tickets details and highlighting any discrepancies.
• Proactively examine Value at Risk and carry out stress testing as well as sensitivity & scenario analysis on regular basis.
• Establish and maintain systems and procedures of monitoring and enforcing compliance to ALCO guidelines on portfolio holdings.
Requirements;
• University Degree, preferably in a business field.
• CPA/ACCA qualification.
• ACI qualification or Risk Management certification.
• Practical knowledge of Treasury products and operations as well as Treasury risk management systems and operational processes.
• At least 5 years banking experiences 2 of which must be in Treasury Middle office in a bank with a busy dealing room.
• Knowledge and exposure to systems supporting the Middle Office will be an added advantage.
• Excellent written and oral communication skills.
How to Apply;
Interested candidates meeting the above criteria should forward an application enclosing detailed Curriculum vitae accompanied by copies of certificates and indicating the current remuneration to;
The Director – Human Resources Division
The Co-operative Bank of Kenya Ltd
P.O. Box 48231-00100
Nairobi
NB: Only short listed candidates will be contacted.
We are an equal opportunity employer.
Please quote this reference on your application and on the envelope: TM/3/HRD/2013