Associate, Treasury & Markets (PAPSS Settlements)

Our Client the African Export-Import Bank AFREXIMBANK is looking to recruit for an Associate (PAPSS Settlements) within the Treasury and Markets department in Cairo, Egypt.

Vision and Purpose

The role is to help the Bank to achieve its mission “stimulating a consistent expansion and diversification of African trade so as to rapidly increase Africa’s share of global trade while operating as a first-class, profit-oriented, socially responsible financial institution and a center of excellence in African trade matters”. The role will support the Treasury PAPSS Settlement team in carrying out end-to-end settlement activities. The role will work within an expanding team with a strong demand for team resources.

Scope of work

The nature and scope of this role are 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 best-in-class treasury PAPSS function which is a go-to for 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.



  1. 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 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, etc..

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

 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

 Foreign Exchange 

  • Liaise with trading partners (Afreximbank Treasury Team) for FX monitoring and trading opportunities


  • Any other duties that may be assigned to the role holder by Senior Management from time to time.


Qualifications, Skills, Knowledge, and Attitude

  • Bachelor's 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.
  • A good grounding in financial systems database methodologies and financial modeling.
  • Experience in working with Treasury Management Systems and/or inter-company 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); and
  • Demonstrated leadership capabilities, including the ability to organize and manage human resources from varied cultural backgrounds to attain goals.


Contract type – Permanent

Closing date for applications is 29th August 2021


If you are interested to apply for this role, please reach out to Maysa Zaker at AIMS International Egypt directly at