Associate, Treasury & Markets - PAPSS Settlements

The nature and scope of this role is to support the Treasurer’s function that deals with the PAPSS settlement initiative. The incumbent will support the Treasurer and take a supervisory lead role in ensuring that the PAPSS Settlement Process is effectively and efficiently run. The role will also support the Treasurer in developing a solid besting-class treasury PAPSS function which is a go-to all PAPSS settlement activities.

The role will further support the Treasurer in crafting and executing a treasury PAPSS Settlement Operational Strategy that reduces the PAPSS Participants’ Hers tat risk and ensures that each Participants’ financial obligations are made good as they fall due at the end-of-day. 

RESPONSIBLE FOR

 Assisting the Treasury PAPSS Settlement Team in executing all PAPSS Settlement Activities.

Duties and responsibilities

a. Treasury PAPSS Settlement Management
*    With the help of the Manager, (Treasury PAPSS Settlements) initiate all approved overdraft facilities across the PAPSS and process them in the Core Banking System  
*    Daily bank accounts and banking structure administration and maintenance of the PAPSS system
*    Assist the Manager, (Treasury PAPSS Settlements) with intra-day as well as end-of-day processes
*    Working with the Manager, (Treasury PAPSS Settlements) to provide support and assist with the continuous improvement of the PAPSS settlement process to enhance the existing process framework and settlement structure 
*    Assist the Manager, (Treasury PAPSS Settlements) in identifying, analyzing and reporting short term liquidity and funding requirements under the PAPSS settlement system  
*    Assist the Manager, (Treasury PAPSS Settlements) with the day-to-day management and upkeep of the PAPSS overdraft and surpluses portfolio  
*    Liaising with the internal legal team on loan documentation  
*    Assisting in developing treasury PAPSS settlement control systems
*    Assisting the wider treasury PAPSS team with payments processing, overdraft requests e.t.c
b. Client Relationship Management:  
*    Maintain participants settlement accounts, monitor, & reconcile collections, payments
*    Assist the Manager, (Treasury PAPSS Settlements) with the management of communications with the PAPSS participants on settlement matters
*    Maintain Bank Mandates for all PAPSS members and manage their queries
c. Cash Management  
*    Assist with day-to-day cash control, monitor balances, prepare reports that will provide guidance on status position and overtime performance of PAPSS members  
*    Assist the Manager (Treasury PAPSS Settlements) with all SWIFT related activities  
d. Foreign Exchange
* Liaise with trading partners (Afreximbank Treasury Team) for FX monitoring and trading opportunities
e. Other
* Any other duties that may be assigned to the role holder by Senior Management from time to time

 

SKILLS, KNOWLEDGE AND ATTITUDE

*    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. Recognized professional certification in a relevant field may be acceptable in lieu of a post-graduate degree
*    Recognized Professional Qualification in Treasury Settlements will be a strong added advantage
*    A minimum of 4 years of experience working in a treasury settlement function either in a corporate institution, but preferably in the financial services industry
*    Good grounding in financial systems database methodologies and financial modeling
*    Experience in working with Treasury Management Systems and/or intercompany netting processes
*    Operational experience in a financial department with significant systems exposure
*    Previous experience in an operations settlement environment and an understanding of treasury operations
*    People and project management
*    Knowledge of treasury debt capital markets, financial instruments, and structures
*    Advanced Excel skills and computer literacy (e.g. SQL, Crystal Reports)
*    Excellent verbal and written communication skills in English. Knowledge of the Bank's other working languages is an added advantage (French, Arabic, and Portuguese)
*    Demonstrated leadership capabilities, including the ability to organize and manage human resources from varied cultural backgrounds to attain goals

 

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