EMPLOYMENT OPPORT Azania Bank Ltdis a Commercial Bank currently with two vacant positions that need to be filled in its Treasury and Capital Markets Directorate. For those who are willing to join well motivated work teams of Azania Bank family please apply as follows:- ing position (Head Office) » a Job Purpose | Managing the FX and Bond Trading Unit whilst developing | income generation strategies aiming at meeting proftabity | targets with strict adherence to the bank and regulatory limits | and policies. 1 * Review and develop daily operational trading strategies, plan for currencies, derivatives and fixed income. + Explore hedging solutions for the bank and clients in commodities. | + Trade derivatives (FX SWAPS, IRS, OPTIONS) to hedge the Bank's exposure and to generate income. + Manage the Banks Foreign Currencies positions and trading activities to ensure compliance with Internal and Extemal Statutory requirements aiming to achieve FX | Trading revenue targets. + Supervise the preparation of Daily Exchange rates to be | circulated before commencement of business to branches | ‘and other business units for their and client's consumption. | + Forecast and monitor FX and other Commodities | price/rate movements in the market and analyze their implications to the Bank's proprietary trading positions 10 ensure that itis inline with the trading strategy | + Limits monitoring such as Net open Position (NOP) ond ‘ensure individual currency overnight limits, Stop loss limits ‘and daily counterparty trading limits are adhered to by | traders | + Ensure that traders adhere to and all trades are done as per the day's defined currencies trading strategy + Liaise with other market participants and implementing | initiatives aiming to develop the fwxed income market with | ‘compliance with regulations and adeption of best practice | standards. + Review and contribute to the enhancement of the various policies and procedures in line with changing business needs | + Provide oversight of Risk and Compliance in both market | and operational nsks + Preparation and circulation of regular reports relating to the FX and Bond Trading issues while also providing inputs | for the ALCO pack. \ + Establish, enhance and manage relationships with interbank counterparties both local and intemational_ | including those with brokers and the Regulator - * Coach/Mentor and develop junior staff aiming to strengthen the bank's succession plan Duties and Responsibilities | i ‘Qualification, Experience and Competences. i * Bachelor's degree, preferable Accounting/Economics/Business Administration or a ; related discipline * Professional Membership with ACI/CPA/ACCA/CFA would be an added advantage. + More than § years’ banking experience + More than 5 years’ experience in Financial market + Thorough understanding of banking products and financial | instruments. | Knowledge and skills required + Indepth knowledge of Treasury products (Fx/Fixed | Income/Derivatives & Commodities). + Welkinformed of the market competitive structure, industry | Practices and regulations for foreign exchange markeUFixed income /derivative & commodities. + Excellent interpersonal and networking skills, internally and externally i + Selling and Negotiation skills. + Ability to present complex matters in an easily understood yet occurate way | + Knowledge of strategic planning and tisk management techniques. Personal qualities + Articulate + Hardworking + Time management + Strong analytical skills | ‘Strategic thinking Excellent communic waitten) + Should be able to work independently and as part of the team, t + Self-starter /Passionate / energetic + Work well under pressure + High level of Professionalism ' skills (verbal, presentations and | Strong interpersonal skills j Commitment to excellence Others + Carry out work in accordance with Azania Bank Limited policies and procedures, + Perform the assigned tasks with due diligence + Eliminate waste of whatever form, suggest the use of new practices and contribute to the continuous improvement of, the bank + Perform specific duties and responsibilities as may be assigned by management Pee Or een Lone a CORD Peedi Job Purpose Managing the Assets end Liabilities Unit whilst optimizing balance sheet efficiency and growth while property managing bank's liquidity and meeting profitabilty targets with strict adherence/compliance to the bank and regulatory limits and policies. Duties and Responsibilt + She/he is responsible for advising and optimizing on | clficient Balance sheet Structure aiming to drive annual | approved ALM revenue and overall bank profitability goals *+ Project, review and develop daily, weekly, monthly and quarterly liquidity management plan so as to meet the | AZANIA BANK LIMITED | Qualification, Experience and Competences Personal Qualities bank's operational efficiency while also apprising the ‘management + Build and manage the bank's government securities investment portfolio in HIM and AFS buckets to meet regulatory compliance and generation of income Forecasting and planning of both actual and contingent funding while also offering intatives on alternative funding tources and structures through critical balance sheet analysis, + Appropriately guide other stakeholders ont.abilties growth while also provide competitive pricing within approved limits aiming to grow and retain the bank's depots + Management and protection of Net interest targin (NIM) while proposing interest rates to be used by the bank in Interest sensitive assets & liabilities + Forecast and monitor interbank market liquedity trends and interest rate movement and analyze their unplications to the bank + Ensure strict adherence to both intemal and regulatory limits and that all trades ate done within counterparty limits. + Review and contribute to the enhancement cf the bans Various policies and procedures in line with changing business needs + Provide oversight of Risk and Compliance in both market and operational risks Preparation and circulation of regular reports relating to the ALM issues while also providing inputs for the ALCO ack « Establiah, enhance and manage relationships with interbank counterparties both local and intemational including those with brokers and the Regulator + Coach/Mentor and develop junior staff aiming 10 strengthen the bank’s succession plan * Bachelors degree, preferable Accounting/Economics/Businest Administration of a telated discipline + Professional Membership with ACUCPA/ACCAICFA or a Master's degree would be on added advantage + More than 5 years’ banking experience + More than 5 years’ experience in Financial market + Thorough understanding of banking products and financial instruments, + Experience in advanced analytics and Market oy measurement and reporting ape Knowledge and Skills required + In-depth knowledge of Treasury products (MM, FX/Fixed Income/Derivatives & Commodities). ‘+ Welkinformed of the market competitive structure, industry practices and regulations for Money Market, Foregn Exchange Market/Fured Income /denvatwe & commodities + Excellent interpersonal and networking skills, internaty and externally + Selling and Negotiation skits + Ability to present complex matters in an easily understood yet accurate way + Knowledge of strategic planning and risk management techniques + Articulate + Hardworking + Time management + Strong anelytical skills + Strategic thinking + Excellent communication skils (verbal, presentatens and wntten) + Should be able to work independently and as pat of the team + Self-starter /Passionate / energetic + Work well under pressure + High levet of Professionalism + Strong interpersonal skills + Commitment to excellence Others * Carry out work in accordance with Azania Bank Limited policies and procedures. + Perform the assigned tasks with due dihgence + Eliminate waste of whatever form, suggest the use of new practices and contnbute to the continuous improvement of the bank + Perform specific duties and responsibilities as may be assigned by management Remuneration Attractive femuneration packages await successfull candidates to the above post as per Azania Bank Limited Salaries and Incentive Schemes as reviewed from time to time. General Information Shortlisted candidates will be required to meet all costs associated with their attendance to the internmews. Please note also that successful candidates will be required to meet ‘their relocation costs to Dar es Salaam. Mode of Apptication Azania Bank Limited is an equal Opportunity Employer. Applications must be attached with detailed resume, Copies of relevant certificates, names and addresses of at least two referees Nease provide telephone numbers and email addresses of referees The deadiine for submission of applications is ONE week after the appearance of this advert Please note that only shortlisted candidates will be contacted. Please apply in confidence to: MANAGING DIRECTOR, AZANIA BANK LIMITED, MAWASILIANO TOWERS, ‘SAM NUJOMA ROAD P.0. BOX 32089 DAR ES SALAAM. hra@azanisbank.co.tz atenesror