Manager, Remittances, Treasury Back Office and Trade Services Job Placement – KCB Bank
Job Title: Manager, Remittances, Treasury Back Office and Trade Services
Organisation: KCB Bank
Duty Station: Kampala, Uganda
Reports to: Head of Operations
About US:
KCB Bank Uganda which is part of KCB Group, East Africa’s largest commercial bank that was established in 1896. Over the years, the Bank has grown and spread its wings into Tanzania, South Sudan, Uganda, Rwanda and Burundi completing the East African circuit in the year 2012. Today, the Group has the largest branch network in the region with over 238 branches, 950 ATMs and 8,000 agents offering banking services on a 24/7 basis in East Africa. KCB Bank Uganda was established in the year 2007 and has grown to become one of Uganda’s top ten commercial banks. Currently KCB Bank Uganda has 14 branches complemented with 16 ATMs spread on Kampala Road, Commercial Plaza, Ben Kiwanuka, Luwum Street, Oasis Mall Sixth Street, Arua, Elgon Masaba, Fort Portal, Gulu, Hoima, Lira, Mbarara and Jinja that offer trade financing, corporate and retail banking services to customers.
Job Summary: The Manager, Remittances, Treasury Back Office and Trade Services provides robust back office support to Treasury Front office/Custody Services operations through timely and efficient processing of customer transactions so as to achieve satisfactory customer service delivery, while managing operational risk and ensuring cost optimization. The incumbent also ensures and implements operational controls as well as ensuring seamless processing and excellent service delivery in Trade Operations and Remittances whilst ensuring compliance with regulatory and internal controls.
Key Duties and Responsibilities:
- Ensure efficiency of operational activities in the Remittances, Trade Finance operations and Treasury Bank Office functions.
- Ensure governance and compliance of the section to set guidelines and procedures
- Oversee effective operational risk management, control and governance processes and reliability of reporting information through identifying and assessing key risks, driving appropriate control measures and executing against key control self-assessments (KCSAs) agreed as key.
- Ensuring Settlement, confirmation processing and control, plus query resolution of treasury related products. Oversee the input and processing of treasury transactions into the main accounting system in T24/BOU CSD System.
- Oversee the BOU / Local payments function for RTGS, EAPS for both customers & Interbank to International standards in terms of timeliness, AML, CFT, FATF, safety, accuracy and integrity of processes.
- Responsible for all Treasury management reporting. This includes monthly Treasury Reports for senior management, working with the business units globally on cash reporting and analysis, plus ad-hoc projects and support to the Head of Treasury and Head of Operations & Ensure accurate submission of all BOU regulatory returns.
- Ensure daily reconciliation of Treasury\Custody Services transactions and suspense/GL accounts, Forex Positions and Forex Income, Securities Books.
- Ensure adequate allocation of personnel and material resources in the section for effective processing.
- Authorization of time bound outgoing swift messages for FX Funds to ensure Transfer/Movement is delivered within the defined SLAS.
- Ensure reconciliation of previous day’s closing currency positions and compilation of position, trading Profit & Loss, limits, back office gap/cash flow, monthly reports
Qualifications, Skills and Experience:
- The ideal candidate for the KCB Bank Manager, Remittances, Treasury Back Office and Trade Services job must hold a University degree in Business related degree from a recognized and reputable institution.
- The job requires an individual with minimum of four (4) years’ experience in banking. The experience should be in the areas of Trade operations, Treasury back office operations and Remittance Operations-Customer service and Relationship Management.
- The job holder is expected to exercise some degree of discretion and decision making and must have knowledge in payments interfaces i.e swift alliance, hot scan, RTGs &EAPs.
- A good understanding of Risk, Compliance policies and procedures.
- Demonstrated consistent high performance in role(s) held.
- Knowledge of the Banking Regulatory guidelines, products and services.
How to Apply:
All candidates are encouraged to apply online at the link below.
Deadline: 28th February 2020