Treasury Settlements Officer
The Government of Tanzania has decided to" establish the Tanzania Agricultural Development Bank Limited (TADB) under the provisions of the Banking and Financial Institutions Act No 5 of2006 and the Banking and Financial Institutions (Development Finance) Regulations, 2012. The bank shall have the following key objectives:
To catalyze credit delivery to the agricultural sector and thereby accelerate agricultural growth;
To lead, as an apex agricultural financing bank, in capacity building strategies and programmes to strengthen the agriculture financial value chain;
To be an important initiative in the implementation of the Government's Second-generation financial sector reforms as well as in the furtherance of the National Strategy for Growth and Reduction of Poverty for Mainland Tanzania (MKUKUTA), and Zanzibar Strategy for Growth and Reduction of Poverty (MKUZA);
To catalyze existing agro-financing activities through provision of short, medium and long-term facilities to the following institutions: commercial banks, community banks, savings and credit cooperative societies (SACCOS) and micro finance institutions (MFIs) that are active in lending to the agricultural sector;
To coordinate and monitor agriculture and rural lending activities with a view to maximizing the impact of agricultural growth by working closely with the Ministries and institutions responsible for Agriculture, Regional Administration as well as the numerous players active in this sector; ,
To assist the Government in implementing its policies on enhancing the financial sector's inclusion in the rural areas.
TADB is hereby inviting applications from suitably qualified candidates to fill the following vacancy
Treasury Settlements Officer
REPORTS TO: FINANCE MANAGER
NATURE AND SCOPE:
The jobholder reports to the Finance Manager.
He/She carries out treasury back office activities of the bank and ensures that deals are properly documented and captured into the bank's system. He/She advises on management of treasury/settlements risks.
Key Responsibilities
To ensure that all deals have been correctly captured in the bank's books through comparing the report of deals input against the treasury dealer's blotters at the end of the business day
To monitor the outstanding position of all clients and counterparts against approved bank limits and report any excesses.
To initiate deal confirmations in relation to the foreign exchange transactions ,of our clients and submit these to the Finance Manager for checking and sending to clients.
To check all inward confirmations against the deal record in the system.
To initiate investigation of any inward confirmations that do not agree with bank's records or for which there is no deal record and report these to the Finance Manager.
To maintain a file of outstanding unconfirmed deals and ensure that these are regularly followed up and that any disputed deals are resolved in conjunction with Treasury Dealing, the client/counterpart and the client's Relationship Manager.
To ensure that disputed deals are advised to the Finance
Manager where the bank is in error in order that the
appropriate steps can be taken to minimize the risk to the bank.
To maintain standing settlement instructions for each client or counterpart.
To initiate settlements vouchers in relation to deals that have been entered into the computer system, obtain the required approval authority and forward the vouchers to the responsible Officer for settlement.
To monitor the receipt of inward funds transfers on their due date and liaise with the Finance Manager and the client's Relationship Manager' in relation to payment delays and the application of penalty interest.
To reconcile the end of day position of Treasury Dealing to the bank's System on a daily basis and ensure that overnight limits are respected.
To reconcile all nostro accounts and investigate any unmatched items
To carry out any other duties assigned by the Finance Manager from time to time.
Competencies
General
Ability to develop action plans and identify types of resources needed to deliver on objectives.
Key Responsibilities
Ability to identify areas where the bank can be more effective and suggest improvements which require the agreement of others.
Demonstrates awareness of own work in meeting client needs.
Able to provide and seek constructive feedback
Able to analyze agreed business outcomes and develop work plans to achieve them.
Ability to write well "structured, accurate letters and reports.
Functional/Technical
Knowledge and understanding of banking and FX I markets including payments, treasury etc. operating activities
Ability to apply relevant banking operations, procedures and controls to ensure that the bank is not put at risk
Ability to analyze and interpret data.
QUALIFICATIONS, K1NOWLEDGE, EXPERIENCE:
University Graduate in Business Administration,
Economics, Finance, Accountancy, Banking or related discipline.
Successful completion of probation period.
Understanding of banking and FX markets operations.
Banking computer skills
To catalyze credit delivery to the agricultural sector and thereby accelerate agricultural growth;
To lead, as an apex agricultural financing bank, in capacity building strategies and programmes to strengthen the agriculture financial value chain;
To be an important initiative in the implementation of the Government's Second-generation financial sector reforms as well as in the furtherance of the National Strategy for Growth and Reduction of Poverty for Mainland Tanzania (MKUKUTA), and Zanzibar Strategy for Growth and Reduction of Poverty (MKUZA);
To catalyze existing agro-financing activities through provision of short, medium and long-term facilities to the following institutions: commercial banks, community banks, savings and credit cooperative societies (SACCOS) and micro finance institutions (MFIs) that are active in lending to the agricultural sector;
To coordinate and monitor agriculture and rural lending activities with a view to maximizing the impact of agricultural growth by working closely with the Ministries and institutions responsible for Agriculture, Regional Administration as well as the numerous players active in this sector; ,
To assist the Government in implementing its policies on enhancing the financial sector's inclusion in the rural areas.
TADB is hereby inviting applications from suitably qualified candidates to fill the following vacancy
Treasury Settlements Officer
REPORTS TO: FINANCE MANAGER
NATURE AND SCOPE:
The jobholder reports to the Finance Manager.
He/She carries out treasury back office activities of the bank and ensures that deals are properly documented and captured into the bank's system. He/She advises on management of treasury/settlements risks.
Key Responsibilities
To ensure that all deals have been correctly captured in the bank's books through comparing the report of deals input against the treasury dealer's blotters at the end of the business day
To monitor the outstanding position of all clients and counterparts against approved bank limits and report any excesses.
To initiate deal confirmations in relation to the foreign exchange transactions ,of our clients and submit these to the Finance Manager for checking and sending to clients.
To check all inward confirmations against the deal record in the system.
To initiate investigation of any inward confirmations that do not agree with bank's records or for which there is no deal record and report these to the Finance Manager.
To maintain a file of outstanding unconfirmed deals and ensure that these are regularly followed up and that any disputed deals are resolved in conjunction with Treasury Dealing, the client/counterpart and the client's Relationship Manager.
To ensure that disputed deals are advised to the Finance
Manager where the bank is in error in order that the
appropriate steps can be taken to minimize the risk to the bank.
To maintain standing settlement instructions for each client or counterpart.
To initiate settlements vouchers in relation to deals that have been entered into the computer system, obtain the required approval authority and forward the vouchers to the responsible Officer for settlement.
To monitor the receipt of inward funds transfers on their due date and liaise with the Finance Manager and the client's Relationship Manager' in relation to payment delays and the application of penalty interest.
To reconcile the end of day position of Treasury Dealing to the bank's System on a daily basis and ensure that overnight limits are respected.
To reconcile all nostro accounts and investigate any unmatched items
To carry out any other duties assigned by the Finance Manager from time to time.
Competencies
General
Ability to develop action plans and identify types of resources needed to deliver on objectives.
Key Responsibilities
Ability to identify areas where the bank can be more effective and suggest improvements which require the agreement of others.
Demonstrates awareness of own work in meeting client needs.
Able to provide and seek constructive feedback
Able to analyze agreed business outcomes and develop work plans to achieve them.
Ability to write well "structured, accurate letters and reports.
Functional/Technical
Knowledge and understanding of banking and FX I markets including payments, treasury etc. operating activities
Ability to apply relevant banking operations, procedures and controls to ensure that the bank is not put at risk
Ability to analyze and interpret data.
QUALIFICATIONS, K1NOWLEDGE, EXPERIENCE:
University Graduate in Business Administration,
Economics, Finance, Accountancy, Banking or related discipline.
Successful completion of probation period.
Understanding of banking and FX markets operations.
Banking computer skills
APPLICATION INSTRUCTIONS:
Your application should include application letter, up- to-date Curriculum Vitae stating name in full, physical address, telephone numbers and e-mail addresses of the candidate, certified copies of relevant certificates and reference letters from three (3) work-related referees.
All applications must be submitted through postal or courier services. No application from physical visit by the applicant or representative to the TADB offices shall be entertained.
Applications should reach the undersigned by 4.00 pm on 29th April 2015.
The Managing Director,
Tanzania Agricultural Development Bank,
7thFIoor Samora Tower, Samora Avenue,
P.O. Box 63372,
DAR ES SALAAM
All applications must be submitted through postal or courier services. No application from physical visit by the applicant or representative to the TADB offices shall be entertained.
Applications should reach the undersigned by 4.00 pm on 29th April 2015.
The Managing Director,
Tanzania Agricultural Development Bank,
7thFIoor Samora Tower, Samora Avenue,
P.O. Box 63372,
DAR ES SALAAM
Post a Comment