Foreign Treasury And Financial Institution Manager - Ssftfim R480 000.00 – R540 000.00

Main Functions of the Job

1. Quote FX spot rates to retail, SME, and corporate clients
2. FEC quotes, maturity management, swap transactions, facility management
3. Oversee capturing of spot contracts and ensure FEC confirmations are sent out timeously
4. Cash FX – risk management through hedging and covering strategy
5. Market guidance – understand the impact of data releases and market events and convey them to clients in order for them to make more informed decisions
6. Client consultations – accompany bankers on client visits to consult with clients on potential for growth in service utilisation and relationship management
7. Manage external banking relationships – ABSA, Standard Bank, Standard Chartered Bank, Bank of New York Mellon
8. Monitor Nostro account utilisation and ensure minimum required transaction values and volumes are met to avoid incurring monthly charges
9. Inter franchise collaboration – coordinate meetings, target setting, and progress management with related Group banks.

Develop and guide strategy implementation for trade growth

Reporting – monthly reporting to exco via GM Central Ops, Risk Comm, Board reports

Training – provide training to staff on forex products and services

Participate in projects that involve / have any elements linked to FX liquidity or transactions

Drive and manage enhancements in the FX product portfolio

Desired Experience & Qualification

Qualifications – BComm or equivalent degree will be required in order to meet the requirements of the role

Preferred Experience – 2-5 years banking experience

Knowledge

1. MS office suite of products
2. Rates booking system experience
3. Understanding of Economic conditions and its related impacts
4. Exchange control knowledge is an advantage

Package & Remuneration – R .00 – R .00

Interested? A Consultant will be in touch if you are shortlisted for the position.

Please consider your application unsuccessful should you not have been contacted within 2 weeks.

We will keep your CV on our database and contact you should you match the criteria of any other vacancies.