I&M Bank Fixed Income and Money Markets Dealer Jobs in Tanzania
I&M Bank Fixed Income and Money Markets Dealer Jobs in Tanzania
Job PurposeProvides efficient and effective support for managing a profitable investment
portfolio through market operation as per balance sheet strategy and ALCO
guidelines.
Ensures that revenues are generated through money market instruments like
Treasury bills, deposits, and bonds by ascertaining that the best price is sought at
the particular time of investment.
Assisting the Head of Treasury in the day-to-day management of the Bank’s liquid
cash in local and overseas accounts to ensure nil default by bank of all clearing and settlement obligations.
Coordinates the daily and the monthly P/L estimate and calculation process with
Finance and Product Control.
Key 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
activities.
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 cashflows 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.
How to Apply
For more information and job application details, see; I&M Bank Fixed Income and Money Markets Dealer Jobs in Tanzania
Find jobs in Tanzania. Jobs - Tanzania jobs. Search our career portal & find the latest Tanzanian job positions, career opportunities & jobs in Tanzania.
Jobs in Tanzania - banking jobs, IT jobs, accounting jobs, NGO jobs, business administration, ICT, UN jobs, procurement jobs, education jobs, hospital jobs, human resources jobs, engineering, teaching jobs, and other careers in Tanzania.
Find your dream job from 1000s of vacancies in Tanzania posted and updated daily - click here!
Click here to post comments
Join in and write your own page! It's easy to do. How? Simply click here to return to 1 Best Africa Jobs.