FIXED INCOME AND MONEY MARKETS DEALER
INDUSTRY- BANKING
HR World Ltd on behalf of our client in Banking industry, we are looking for a Fixed Income and Money Markets Dealer who will Provides efficient and effective support for managing a profitable investment portfolio through market operation as per balance sheet strategy and ALCO guidelines.

RESPONSIBILITIES

• Prudent day-to-day and intraday monitoring of the liquidity position in the bank, including the day-to-day compliance with bank policies and guidelines, regulatory requirements, payment system and intraday liquidity requirements.
• Cash flow management for all the Banks accounts maintained at Bank of Tanzania and all foreign currency accounts maintained either locally or overseas.
• Ensure bank’s presence in the interbank market to aid funding and investment
• Exploit interest rate mismatch and risk positions to maximize returns.
• Invest liquidity and surplus cash into optimal interest earning treasury assets by executing placements and borrowings with approved counterparties.
• Source diversified and competitively priced funding.
• Preparation of ALM ALCO, EXCO and GALCO reports.
• Preparation of investment proposal reports to ALCO.
• Preparation of money market report for cash flow planning for bank’s portfolio.
• Manage intraday cash flows and short-term funding of the local currency clearing account, locally held foreign currency nostros as well as foreign currency nostros held offshore.
• Ensure that any shortfalls or anomalies in cash flows are investigated and resolved promptly.
• Forecast the Bank’s funding requirements through cash flow preparation and maintaining a three-month horizon forecast of future funding and assets needs.
• Understand regulatory ratios/requirements and pre-empt funding requirements or Surpluses and advise Head of Treasury accordingly.
• Assist the Head of Treasury to determine medium-term investment opportunities in Marketable securities.
  
  

QUALIFICATIONS

• Bachelor’s Degree in Accounting, Business, Economics or Finance from a recognized Institution.
• Master’s Degree in Business related discipline or its equivalent from a recognized Institution will be an added advantage.
• Completion of ACCA / CPA / CFA or its equivalent is an added advantage
• At least 6 years’ relevant experience in a treasury front office role.
  
  

Interested candidates may send their CVS to career@hrworld.co.tz before 25th June 2024