Afreximbank: Associate, Treasury and Markets
2 weeks ago
**Reference Number**: MTBLR02
**Nature and Scope**:
The nature and scope of this role is to support the Treasurer's function that deals with the PAPSS settlement initiative. The incumbent will support the Treasurer and take a supervisory lead role in ensuring that the PAPSS Settlement Process is effectively and efficiently run. The role will also support the Treasurer in developing a solid best-in-class treasury PAPSS function which is a go-to all PAPSS settlement activities. The role will further support the Treasurer in crafting and executing a treasury PAPSS Settlement Operational Strategy that reduces the PAPSS Participants' Hers tat risk and ensures that each Participants' financial obligations are made good as they fall due at the end-of-day.
**Responsibilities**:
**Treasury PAPSS Settlement Management**:
With the help of the Manager, (Treasury PAPSS Settlements) initiate all approved overdraft facilities across the PAPSS and process them in the Core Banking System.
Daily bank accounts and banking structure administration and maintenance of the PAPSS system.
Assist the Manager, (Treasury PAPSS Settlements) with intra-day as well as end-of-day processes.
Working with the Manager, (Treasury PAPSS Settlements) to provide support and assist with the continuous improvement of PAPSS settlement process to enhance the existing process framework and settlement structure.
Assist the Manager, (Treasury PAPSS Settlements) in identifying, analyzing, and reporting short term liquidity and funding requirements under the PAPSS settlement system.
Assist the Manager, (Treasury PAPSS Settlements) with the day-to-day management and upkeep of the PAPSS overdraft and surpluses portfolio.
Liaising with internal legal team on loan documentation.
Assisting in developing treasury PAPSS settlement control systems.
Assisting the wider treasury PAPSS team with payments processing and overdraft requests etc.
**Client Relationship Management**:
Maintain participants settlement accounts, monitor & reconcile collections, payments.
Assist the Manager, (Treasury PAPSS Settlements) with the management of communications with the PAPSS participants on settlement matters.
Maintain Bank Mandates for all PAPSS members and manage their queries.
**Cash Management**:
Assist with day-to-day cash control, monitor balances, prepare reports that will provide guidance on status position and overtime performance of PAPSS members.
Assist the Manager (Treasury PAPSS Settlements) with all SWIFT related activities.
**Foreign Exchange**:
Liaise with trading partners (Afreximbank Treasury Team) for FX monitoring and trading opportunities.
**Other**:
Any other duties that may be assigned to the role holder by Senior Management from time to time.
**Requirements**: Qualification and Skills
A first degree in a relevant discipline such as accounting, financial management, economics, numerical or other related disciplines, and a postgraduate degree in a relevant field. A recognized professional certification in a relevant field may be acceptable in lieu of a postgraduate degree.
A recognized Professional Qualification in Treasury Settlements would be a strong added advantage.
A minimum of 3 years of experience working in a treasury settlement function, preferably in the financial services industry or a corporate institution.
Good grounding in financial systems database methodologies and financial modelling.
Experience in working with Treasury Management Systems and/or inter-company netting processes.
Operational experience in a financial department with significant systems exposure.
Previous experience in an operations settlement environment and an understanding of treasury operations.
People and project management skills.
Knowledge of treasury, debt capital markets, financial instruments, and structures.
Proficiency in Advanced Excel skills and computer literacy, including proficiency in SQL and Crystal Reports.
Excellent verbal and written communication skills in English. Knowledge of the Bank's other working languages, including French, Arabic, and Portuguese, would be an added advantage.
Demonstrated leadership capabilities, including the ability to organize and manage human resources from diverse cultural backgrounds to achieve goals.
**Benefits and Contractual information**:
2-year contract.
Willing and able to relocate to Cairo, Egypt.
Matthew Taylor
Recruitment Consultant
Banking & Finance
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