Jul 4, I&M Bank Fixed Income and Money Markets Dealer Jobs in Tanzania

jul-4,-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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