JOB DETAILS:
Job Purpose:
To manage the bank’s foreign exchange position and invest excess funds in the money market to make profits while maintaining the required liquidity.

Key Responsibilities:
• Invest all excess funds in the interbank market.
• Prepare a daily report of all balances in the corresponding banks and submit them to the Head of Treasury.
• Prepare daily exchange position reports to management and the Bank of Uganda.

• Prepare daily bank forex bureau rates and update all the branches on time. Offer better rates to customers where need be according to the prevailing markets.
• Make a follow-up on all deals made and confirm that all payments are effected on due dates.

• Daily check all forex transactions of the day to see whether they are posted correctly and at an offered rate by the treasury team according to the market rates.

• Every week prepare receipts of all inter-bank and bank bureau transactions and submit them to the cashier of the foreign exchange for his / her Bank of Uganda report.

• Handle all internal transfers involving the exchange of Uganda shillings to foreign
currencies and vice versa and filing the same.
• Forward all deals made in the day to the back office.
• Prepare monthly forex position report to the Bank of Uganda and ensure that a hard copy has been checked and approved by all authorized signatories and is submitted to the Bank of Uganda Research and Bank Supervision Department.

Education.
• A Bachelor’s degree in a relevant field from a reputable University.
• Professional qualification in Treasury function is an added advantage e.g. ACI
Certificate.
Experience.
• Minimum of 2 years’ work experience preferably in the financial services industry.

Skills and competencies.
• Leadership and Team building
• Interpersonal skills, communication and writing skills
• Negotiation skills
• Creativity and passion for Business development
• Proficient in MS Office Suite.
• Must possess strong interpersonal.
• Ability to handle multiple tasks and set priorities.
• Self-driven with a high affinity for quality, efficiency and meeting tight deadlines.
• High level of integrity and ethical standards.
• Excellent understanding of the Banking Act and prudential guidelines.