Manager Treasury Job Opportunity – Uganda Development Bank (UDB)

Job Title:       Manager Treasury
Organisation: Uganda
Development Bank (UDB)
Duty Station: Kampala,
Uganda
Reports to: Director,
Finance and Business Operations
About US:
Uganda Development Bank Ltd
(UDBL) is the country’s only Development Finance Institution (DFI) established
in 1972. The Bank has recently re-positioned itself as a partner to the
Government of Uganda in delivering the theme of its National Development Plan.
Job Summary: The Manager
Treasury will ensure prudent asset and liability management with the view of
ensuring that the Bank has adequate resources to finance its ongoing operations
and investments.
Key Duties and Responsibilities:
Planning and Execution
  • Raise funds in international and domestic
    capital and financial
    markets
  • Ensure prudent capital planning and management.
  • Ensure that the bank holds an investment
    portfolio that is
    adequate
    for it to meet its liquidity requirements whilst maximising shareholder
    value.
  • Manage UDBL’s investment portfolio and ensure that UDBL’s liquidity requirements are
    met at all times.
  • Review currency, liquidity and interest rate
    risks on UDBL’s
    balance
    sheet.
  • Identify ways of proactively managing the
    currency, liquidity
    and
    interest rate risks faced by the Bank
  • Recommend and implement hedging solutions to mitigate market risks
Relationship Management
  • Manage relationship with the Bank’s funders
  • Develop relationships with prospective funders
Monitoring and Reporting
  • Monitor and review administration of borrowings
    and funds
    receipts.
  • Prepare investment and capital replenishment
    proposals with
    respect to
    UDBL’s funding requirements.
  • Prepare regular reports on the bank’s liquidity
    and cash flow
    position and
    capital planning and management.
  • Keenly monitor and review the bank’s product
    pricing
  • Devise and propose avenues to minimize and
    optimize the
    Bank’s cost of
    funding
  • Ensure effective and smooth treasury
    operations.
  • Provide timely information and reports for ALCO
    business of the
    Bank
Operations
  • Shall be a member of Management ALCO
  • Guide the management on issues relating to
    asset and liability
    management
  • Authorize allocation and transfer of funds, and
    related pricing
  • Initiate and/or Manage relationships with
    Funders, Prospective
    funders
    and UDB’s Bankers



Qualifications, Skills and Experience: 
  • The applicant must hold a Degree in Finance,
    Accounting, or other numerate degree from a
    recognized University
  • Relevant Post graduate qualification such as an
    MBA
    or
  • Masters
    in Finance is an added advantage
  • Professional qualifications such as CPA, ACCA
    or CFA is an
    added
    advantage
  • Must have a ACI dealers certificate
  • At
    least five
    years’ experience in a large commercial or development bank, with at least 3 in
    treasury/funding environment;
  • Experience in raising funds from local and
    international
    markets
  • Experience in creating/running risk and
    portfolio
    management models
  • Previous experience in interbank trading
  • Extensive knowledge of treasury and debt products, services andvstrategies of the
    back office operations;
  • High proposal writing skills
  • Sound knowledge of Market risk methodologies
    & tools
  • Familiarization with Front-office, dealing
    strategies/activities
  • Basic understanding of DVAR (Daily Value at Risk) and/or any other market risk
    measurement methodology employed,
  • Basic understanding of the principles of
    prudent liquidity
    management
    and reporting
  • Basic understanding of procedures for the whole
    product
    cycle from deal
    initiation settlement.
  • Ability to take initiative and act decisively;
  • Keen attention to detail;
  • High level of integrity;
  • Ability to formulate business strategies;
  • Clean track record with evidence of delivering
    results,
  • Computer knowledge
  • Excellent communication skills
How to Apply:
All applicants are strongly
encouraged to hand deliver their applications which should include an
up-to-date curriculum vitae, photocopies of academic documents and contact
addresses of three professional references to: The Director, Human Resources
& Administration, 1st Floor Wing B, Rwenzori Towers, Plot 6 Nakasero Road,
P.O. Box 7210, Kampala. Uganda.
Deadline: 23rd February 2018
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