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 Purpose

  • Provides 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

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