Afreximbank Deputy Group Treasurer Treasury Markets Cairo Egypt

Responsibilities:

• Reporting into the Group Treasurer this role involves overseeing daily Treasury & Markets operations and leading the Treasury & Markets Client Solutions Unit. This role supports the Bank's goal to boost Africa's global trade share through consistent growth and diversification. This unit focuses on generating nonfunded income for the Treasury Division. The incumbent will be tasked with achieving the revenue objectives outlined in the Bank's budget for the Unit.
• Strategy Development and Implementation
  • Support the Group Treasurer in updating the treasury and markets strategy ensuring alignment with the Bank's overall strategy. Implement the Group Treasury Strategy as part of the Bank's mediumterm plan. Create an annual Treasury and Markets work plan guaranteeing timely delivery of objectives.
• Client Solutions Products
  • Manage Treasury & Markets Client Solutions collaborating with Client Relations to market products effectively aiming to become the goto for treasury risk management solutions. Design clientspecific financial risk management solutions and launch an automated portal for clients to manage these solutions. Increase unfunded revenue from these products.
• Resource Planning and Management
  • Review and ensure Treasury & Markets resources meet strategic needs with the Group Treasurer. Develop resource and unfunded revenue target plans. Oversee planning analytics reporting and performance management. Collaborate on the annual Treasury and Markets plan and budget.
• Cash and Liquidity Management
  • Regularly update the Group's Cash and Liquidity strategy with the Group Treasurer. Manage daily cash and liquidity operations working with Liquidity & Relationship and Balance Sheet Risk Management teams. Oversee daily liquidity flows and nostro bank accounts ensuring compliance with risk management governance. Develop a comprehensive liquidity management framework.
• Debt Portfolio Management
  • Manage the Bank's borrowing portfolio ensuring timely fulfilment of financial obligations and monitoring debt positions. Manage borrowing portfolio covenant obligations and stakeholder relations.
• Risk Management
  • Oversee daily treasury operational risk identification assessment and reporting. Manage the process framework for treasury financial risk documentation and reporting. Communicate and train stakeholders on treasury risk management acting as an expert. Own risk management and audit processes for the division.
• Governance Process Management
  • Manage the Assetsliabilities Management governance process and coordinate the Treasury & Markets' role in ALCO. Represent the division in governance forums and lead team risk discussions.
• Treasury Management System (TMS)
  • Oversee TMS activities and ensure comprehensive recording of treasury activities. Coordinate TMS projects with the Head of InHouse Bank.
• Other Responsibilities
  • Perform additional duties as assigned by the Group Treasurer and Senior Executives.

Requirements: Qualification and Skill

• A first degree in a relevant discipline i.e. accounting financial management economics numerical or other related disciplines and a postgraduate degree in a relevant field. Recognised professional certification in a relevant field may be acceptable in lieu of a postgraduate degree.
• Masters degree in area of Finance Economics Accountancy or MBA with a specialisation in Finance or Mathematical Sciences with a speciality in Financial Mathematics.
• Recognised Professional Qualification in Treasury Management (MCT AMCT CTP ACI ACCA CIMA CFA) will be a strong added advantage.
• 15 years of experience working in the treasury and / or finance functions of which a minimum of 5 years should involve leading teams either in a corporate or financial setting but preferably in the financial services industry setting.
• SelfStarter with Minimal Supervision
  • Must be proactive motivated and dive into tasks with little oversight.
  • Capable of representing the Group Treasurer autonomously.
  • Timely detailoriented sensitive to risks and deadlines ensuring Treasury tasks are completed independently.
• Team Collaboration and Communication
  • Possess outstanding communication skills integrating well into new environments and managing relationships at all levels to forge strong connections within the Group.
  • Collaborative and effective in team settings.
• Leadership Experience
  • Demonstrated success in leading sizable teams and experience with Executive Management.
  • Experienced in conveying complex financial topics to top management and stakeholders.
• Influential Change Agent
  • Articulate in promoting the Bank's credit narrative to various stakeholders.
  • Skilled in handling multiple tasks with tight deadlines.
  • Coordinates with global teams to foster innovative thinking.
• Skills Knowledge and Attitude
  • Broad expertise in transaction processing settlement accounting and reporting.
  • Proficient in financial systems databases modelling Treasury Management Systems and advanced Excel Excel VBA and other reporting tools.
  • Background in treasury functions with a strong grasp of operations.
  • Competent in project management and familiar with financial markets.
  • Fluent in English with additional language proficiency beneficial.
• Afreximbank’s Core Values
  • Commitment to Africa and supporting the emancipation and empowerment of Africans
  • Uncompromising integrity
  • Passion for Learning and Drive
  • Teamwork
  • Trust and Respect for the Individual
  • Innovation Excellence and Flexibility
  • Professionalism and Responsiveness

Contractual information:

• Permanent.
• Willing and able to relocate to Cairo for the opportunity.

Scott Fraser

Recruitment Manager Africa & Global

CA Finance

CA Global will respond to shortlisted candidates only. If you have not had any response in two weeks please consider your application unsuccessful however your CV will be kept on our database for any other suitable positions.