Dealer – Money Market and Fixed Income at I&M Bank

Purpose:

• The jobholder is responsible to ensure the bank is adequately funded and implement the laid-out funding strategy to meet planned assets/liabilities growth of the balance sheet and has plans for unanticipated contingencies. The jobholder will also monitor and manage the banking book investment portfolio including Government securities, Repos/Reverse Repos, and Interbank placements.

Primary Responsibilities:

• Implement and execute the laid down Liquidity Management strategy plan that is coherent with the overall bank strategy within the approved risk appetite and portfolio standards.
• Coordinate the daily and the monthly P/L estimate and calculation process with Finance and Treasury Middle Office.
•  Manage the bank’s Statutory Reserves as required by the Regulator (CRR, LCR, Statutory Liquidity ratio).
• Prudent day-to-day and intraday management of the liquidity position of the Bank.
• Review maturity profiles, bank account positions/statements on a regular basis and oversee funds movements.
• Assist in developing the bank’s future cash movement plans and ensure availability of necessary liquidity.
• Assist in the system development & enhancements for Treasury MM/ALM activities.
• Prepare standing and ad-hoc reports of the Liquidity & MM/ ALM function.
• Monitor and manage the Bank’s investment portfolio including Government securities, Repos/Reverse Repos, Interbank placements, foreign currency payments.
• Monitor regulatory and market development and provide feedback on the market and the business to the management.
• Engage with all audit report findings, relevant to the Liquidity Management business and ensure feedback is acted upon.
• Maintain the Bank’s presence in the interbank market to aid funding and investment activities.
• Contribution to the sales effort with the aim of increasing the wallet size by pricing fund managers on deposit placements as well as managing the portfolio.
• Prepare and deliver informative and objective market intelligence to customers.

Person Specifications:

• Bachelors Degree in Accounting, Finance or a related field
• Minimum 5 years banking experience.
• At least 3 years’ experience in/with Treasury business.
• ACI Certification is an added advantage
• Excellent understanding of Financial Markets products.
• Experience trading all permitted products under FX, MM and their derivatives