Treasury Manager

DCB Commercial Bank Plc is a fully-fledged retail and commercial bank in Tanzania. The bank offers banking services to Individuals, Microfinance, Small to Medium sized Businesses (MSME), as well as large corporate clients. DCB Bank has a wide branch network of over 8 branches, over 1000 DCB Wakala Agents, and over 280 Umoja switch ATMs serving over 3 million customers across the country.

We are currently seeking qualified candidate to fill the role of Treasury Manager. The successful candidate will be responsible for balancing and managing the daily cash flow and liquidity of funds within the bank.

Key Responsibilities

• Managing the money markets activities of the bank.
• Forecasting daily cash requirements, executing daily financing decisions and monitoring company’s various cash flow forecasts through financial modelling.
• Directing, monitoring and trading investment portfolios including High-Yield, T-bills, and other portfolios.
• Managing long-term and short-term investment strategies and ensure outstanding position of counterparties is updated immediately after the deal is completed.
• Evaluating, developing and implementing cash management systems to optimize efficiencies.
• Evaluating alternative long-term borrowing strategies and making recommendations in accordance with the capital structure guidelines.
• Controlling and preparing all Assets and Liabilities Committee (ALCO) reports and returns.
• Managing foreign currency exposure and foreign currency repayments.
• Preparing divisional business plans and budgets and assisting to prepare departmental strategic treasury business plans and budgets.
• Assisting in setting qualitative and quantitative targets for achieving the strategic treasury business plan and supervises the implementation of divisional targets.
• Assisting to developing advises, providing tactical information and recommending strategies to the ALCO for sound decision making.
• Responsible to monitoring and determining the interest-rate risk and other asset/liability risk exposures relating to treasury products and brings to the attention of management.
• Maintaining proper records of banks investment portfolio in the money market.

Qualifications, Skills and Experience

• A University degree in economics or business-related field.
• ACL dealing certificate.
• 5 years’ relevant experience in managing a treasury function.
• Excellent client management and communication skills.
• Excellent client management and communication skills.