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Job Title:    General Manager
Financial Markets

Organization: Centenary
Bank

Duty Station: Kampala,
Uganda

Reports to:
Managing Director

About US:

Centenary Bank is
the leading Commercial Micro Finance Bank in Uganda serving over 1,300,000
clients (a quarter of the banking population) in 58 branches spread
countrywide. We are one of Uganda’s top three financial organisations,
employing more than 1,900 people. Joining Centenary Bank is an opportunity to
use your skills and experience in tackling real world problems.

Job Summary:  The General Manager Financial Markets is
responsible for formulating and implementing the Bank’s Financial Markets
strategy to maximise profitability.     

Key Duties and Responsibilities: 

• Champion the development and implementation of the Bank’s financial
  markets strategic plans; manage, promote, control and coordinate the
  Bank’s financial markets business with a view of maximising profits.
• Work closely with the head of Commercial and head of Retail &
  Microfinance to grow client income from foreign exchange and fixed income
  business and develop the appropriate delivery mechanism to launch
  Financial Markets products.
• Deliver the bank’s Foreign exchange, and fixed income budgets by
  designing and implementing FX and FI sales and marketing strategies,
  agreeing individual targets and action plans and monitoring performance
  against budget on daily, weekly and monthly basis.
• In liaison with relevant business units draw up annual budgets,
  departmental strategic plan and allocation of resources.
• Address the funding requirements of the Bank to ensure availability
  of sufficient liquidity for the smooth running of the Financial market’s
  operations.
• Develop appropriate pricing of all financial market’s products and
  services including approval of daily forex trading and position taking,
  investment recommendations on excess liquidity in the T bills and
  short-term money markets in line with the approved dealing limits and the
  regulatory framework.
• Maximize profitability regarding income/revenue derived from
  trading, financing and hedging other financial markets products, and
  Monitor /control the currency and interest Rate risk position of the Bank
  to ensure maintenance of optimum balances within the approved ALCO risk
  limits.
• Develop a sustainable Financial Markets product sales plan in line
  with overall strategic business growth objectives of tapping and focusing
  on the country’s large export and import trade flows with a view of making
  the bank a major provider of innovative treasury and trade products.
• Develop, grow and maintain a client relationship base
  (potential/existing) for forex and money market clients in line with the
  Bank corporate objectives in addition to developing good relationships
  with regulators with ability to contribute & where possible influence
  policy formulation.
• Manage and monitor implementation of the Bank’s Risk policy
  guidelines in financial markets operations, and Market risk management of
  all Financial Markets trading activities within the agreed parameters to
  allow profitability and optimal capital utilization.
• Implement Global standards of risk and control, systems and
  processes (including compliance)
• Manage the dealing room risk, interest rate, liquidity and foreign
  exchange risk, with a view of avoiding or minimizing loss resulting from
  high risk exposures by ensuring that the dealing staff operate within
  approved dealing limits.
• Develop the annual Financial Markets work plan and set benchmarks
  for the implementation, monitoring, periodic review and evaluation of the
  planned projects against set targets to support and advance business goals
  and initiatives of the Bank
• Provide strategic and supervisory leadership to the Financial
  Markets team and lead in the implementation of effective performance
  management and Human Resources practices of the Bank

Qualifications, Skills and Experience:

• The ideal candidate for the Centenary Bank General Manager Financial
  Markets job placement should hold a Bachelor’s degree in Finance,
  Business, Commerce and Economics or any related discipline
• ACI Dealing Certification
• At least ten years’ experience in Banking with specific preference
  to Financial Markets/treasury, 5 of which should have been in a management
  role.
• A sound knowledge of all Financial Markets products with trading
  room experience
• In depth knowledge of dealing systems and function.
• Strategic thinking
• Sales and Relationship management skills
• Analytical, critical thinking and decision-making skills
• Leadership skills
• Reporting skills.
• Willingness to take measured risks
• Ability to manage and motivate staff
• Broad knowledge of banking practices and local banking regulation
• Broad knowledge of ALCO management
• Knowledge of Trade Finance and Commercial Banking functions
• Proficiency for evaluating market conditions and responding
  proactively and positively

How to Apply:

All candidates who
desire to join Centenary Bank should send their applications by following the
instructions below; downloading an application form for employment, download
here, filling it and enclosing
an application letter, Curriculum Vitae (CV) with three professional referees
and copies of academic testimonials/certificates and send the application to:

General Manager
Human Resources, Centenary Bank, P.O. Box 1892 — Kampala, Uganda.

Note: While we thank all applicants for your interest. Only shortlisted
applicants will be contacted. Only shortlisted applicants will be contacted.

Deadline: 14^th October 2019 by 5:00pm

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