Treasury operations Assistant



Do you share our commitment to provide financial services of the highest standards and want to be part of Bank One’s dedicated team?

Vacancy: Treasury Operations Assistant

Job Purpose:

The main purpose of this position is to process all the Treasury Back Office operations, prepare returns to BoM and give support both to the Treasury Front Office and the Treasury Back Office Team.

Key Responsibilities:

  • Collect Market Prevailing Reuters Cross Rates Twice from Treasury Front Office.
  • Input revaluation and daily exchange rates on Finacle Core & Finacle Treasury system. Print report from OPERRPTS and verify that revaluation rates have correctly been input on Finacle.
  • Properly update the following statements for submission to BoM:
    1. Statement of Foreign Exchange Exposure on a daily basis
    2. Statement of Interbank Transactions on a daily basis.
    3. Statement of Foreign Exchange Market on a daily basis.
    4. Statement of Maintenance of Cash Reserve Ratio on a fortnightly basis.
    5. Statement of Forward Purchases & Sales of Foreign Currency on a monthly basis.
    6. Statement of Inflows & Outflows of Foreign Currency on a monthly basis.
  • Reconcile Accounting Exposure with Back Office Exposure.
  • Retrieve statement of account with BoM from MACSS & Tally with ledger on a daily basis. Any mismatch to be reported.
  • Ensure proper verification of Nostro Reconciliation received from Trade Finance Department. Any mismatch to be reported & queried same day and necessary amendment to be passed on system on the same day.
  • Process all new deals: (Deals, Placements, Interbank Transactions, Transfers, Investments in Govt Securities, Repo & Rev. Repo....). All deals, placements & MM deals should be confirmed asap & and confirmations received from counterparties should be verified asap. Any mismatch should be reported & queried immediately.
  • Verify Reuters duplicate print outs, notifications from Citibank throughout the day to ensure that all deals done by Treasury Front Office have been processed in a timely manner by Treasury Back Office.
  • Ensure that BoM balance is within CRR % on a daily basis. Any shortage to be promptly reported to Manager of Treasury Back Office and Treasury Front Office Team.
  • Maintain an Updated SSI of all Local Banks & Overseas Correspondent Banks (Both on Swift & Word/Excel Document).
  • Maintain List of Contact Details of Treasury Back Office of all Local / Overseas Correspondent Banks.
  • Provide information and support to other departments in a timely manner.

Technical & Behavioural Skills:

  • Keep up-to-date with changes within banking regulations.
  • Keep up to date with laws relating to treasury dealings.
  • Understanding of treasury operations and controls.
  • Good knowledge and understanding of treasury products.
  • Understanding of FX/MM and Common FX & IR derivatives.
  • Understanding of banking instruments, procedures and dealing practices.
  • Knowledge of operational risk and regulatory risk.
  • Good planning and organizing skills.
  • Good time management skills.
  • Communication and Listening skills
  • Proven ability to contribute to projects and teams across different business areas.
  • Highly numerate.
  • Fluency in English and French.
  • Ability to use Microsoft Office tools (Excel, Word, PowerPoint)

Qualifications & Experience:

  • Degree in Banking/Finance/Accounting or partly qualified ACCA/CA/CIMA.
  • Minimum 1 year in the banking sector
  • Experience of risk management and control assurance.
  • Treasury accounting or financial accounting experience would be an advantage
Please ensure all your personal, academic and professional details are up to date before sending your cv and motivation letter through our website or to the following email address: [email protected] Any incomplete application or those received by post will not be considered. Management reserves the right not to make any appointment following this advertisement.

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