Office Status: Hybrid Salary: $160,000 to $190,000 Responsibilities: Subject matter expert in anticipating market volatility, liquidity, government bonds, notes etc. Direct and execute foreign exchange, money market, derivative and capital market activities to meet customer requirements and mitigate the Banks exposure to volatile market movements. Proficiency in derivative products such as Interest Rate Swaps, Cross Currency Swaps and Currency Options, to support the corporate customer base and to hedge the Banks exposure. Manage daily cash balances and trading in financial markets to ensure that the Banks cash flow is adequate to operate efficiently, make prudent cash flow forecasts and anticipate challenges from changes in market sentiment especially towards foreign banks. Diversify funding sources through corporate and interbank deposits and issuance of treasury funding products such as short term and medium term bank deposit notes, to provide adequate funding to fund loan assets, manage money gap and maintain internal liquidity requirements. Familiarity in surplus liquidity management namely Treasury Bills, Government and Provincial Bonds, Reverse Repos and any other securities approved by the Management for supplementary liquidity purposes. Manage Banks FX exposure in all approved currencies, prudently and within established guidelines and policies to enhance Banks profitability. In liaison with Business Promotions and the Management, formulate corporate and interbank marketing strategies to maintain positive working relationships. Attend meetings with Corporate Banking to make economic and technical analysis presentations, when necessary, to enhance the Banks share of business. Collaborate with CRO and CCO in maturing the Branchs over framework for liquidity and funding risk management including developing a strategy for effective balance sheet management, forecasting and planning liquidity and funding needs to meet the Branchs ability to execute on its core strategy and lending commitments. Act as Co-secretary to the Branch ALCO and present the Balance Sheet position including outlook at the committee meeting and to Senior management on a periodic basis. Responsible for maintaining all requisite Treasury related Polices and Procedure documents. Responsible to hire, train and delegate duties to Treasury personnel and oversee the daytoday operations of the Treasury department including reviewing and managing trading limits and book level access of individual traders / dealers. Ensure compliance with all Treasury position limits, profit & loss limits, approved inter-bank and corporate credit limits and anti-money laundering regulations.
Job Title
Madison-Davis, LLC | Head of Treasury