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Head of Treasury job at Bank of Africa Uganda Limited | Apply Now
Are you looking for Finance jobs in Uganda 2025 today? then you might be interested in Head of Treasury job at Bank of Africa Uganda Limited
Kampala, Uganda
Full Time
About the Organisation
Bank of Africa Uganda Limited (BOA Uganda) is a key player in the Ugandan banking sector, providing a wide range of financial services to individuals, businesses, and institutions. As part of the Bank of Africa Group, which operates in 18 countries across Africa, BOA Uganda benefits from a strong network and extensive experience in the African financial landscape.
Established in 1985, BOA Uganda has grown significantly, earning a reputation for reliability, innovation, and customer-focused services. The bank offers a comprehensive suite of products, including personal and business banking, loans, savings and investment accounts, and digital banking solutions. Its commitment to leveraging technology has led to the development of robust online and mobile banking platforms, making financial services more accessible and convenient for its customers.
BOA Uganda is known for its strong focus on small and medium-sized enterprises (SMEs), providing tailored financial solutions to support their growth and development. The bank offers various credit facilities, advisory services, and business development support to help SMEs thrive in a competitive market.
The bank also places a high priority on corporate social responsibility, engaging in numerous initiatives aimed at improving the well-being of communities in Uganda. These initiatives include support for education, health, environmental conservation, and economic empowerment projects. Through its community outreach programs, BOA Uganda demonstrates a commitment to making a positive impact on society.
Bank of Africa Uganda Limited is part of GROUPE BANK OF AFRICA (BOA) comprising 16 Commercial Banks, 3 Leasing Companies, 2 Investment Companies, a Stock Brokerage Company, an Asset Management Company and a Mortgage Bank. It spans 15 African countries and France, employing over 5,000 people.
Job Title
Head of Treasury job at Bank of Africa Uganda Limited
Bank of Africa Uganda Limited
Job Description
Job Title: Head of Treasury
Organisation: Bank of Africa Uganda
Duty Station: Kampala, Uganda
Duties, Roles and Responsibilities
Manage the bank’s foreign exchange dealings to ensure profitable trading.
Oversee management of the bank’s cash position, to ensure a balance between deposits (Liability) and lending (Corporate Banking) and guarantee appropriate funding to meet obligations; while maximizing profitability.
Source for corporate deposits within the bank’s deposit policy framework and at rates approved by ALCO either to meet operating needs or for trading on its own account.
Manage the Bank’s investment portfolio to ensure optimum returns and to seek opportunities for generating profit.
Manage and monitor the Bank’s market risk exposure, foreign exchange risk, interest rate risk and liquidity risk with a view of generating maximum returns for the bank
Conceptualise the treasury instruments and support in formulating treasury strategies.
Provide expertise in the development of the bond market in Uganda (as an individual) by conducting seminars for dissemination of knowledge and the development of bond calculators for use by market participants.
Convenor of Assets Liability Committee meetings to conceptualise treasury instruments and formulate treasury strategies.
Manage and supervise the Treasury Team to promote a healthy and positive working environment, which encompasses skill and management development, sound succession planning; maintain and promote high ethical standards within the treasury unit.
Any other duties as may be assigned from time to time
Additional Responsibilities
The Bank reserves the right to amend, modify, or adjust the responsibilities of this position as business needs evolve, in alignment with applicable labour laws. The Employee may also be required to undertake additional duties or projects from time to time, within their capabilities and consistent with the responsibilities of the role, as directed by the Employer.
Key Performance Indicators:
FX trading income
Bond trading income
Service index of your department/unit
FX treasury turnover
No of FX transactions
Audit/Risk/Compliance issue resolution rate
% of Audit/Risk/Compliance issues outstanding for & 3 months
Liquidity Management- internal limits
Regulatory penalties and warnings in liquidity and market sensitivity management
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
SERVICES
COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
Qualifications, Education and Competencies
Education: Bachelor’s degree in Finance, Accounting, or related field. A post graduate qualification in finance, banking or ACI dealership. Master’s degree in Finance or MBA will be an added advantage.
Experience: A minimum of 8 years’ experience, 4 of which should be at Senior Management level.
Technical Skills: Deep understanding of treasury products and the money markets; Knowledge of financial industry trends and the economic environment.
Soft Skills: Strategic thinker with strong problem-solving and decision-making capabilities; excellent communication and stakeholder management skills; ability to inspire and lead in a fast-paced, dynamic environment.
Additional Requirements/Competencies:
Strategic Vision: Ability to develop and communicate a clear vision.
Adaptability: Comfortable navigating a fast-paced, evolving environment with competing priorities.
Innovative Thinking: Strong ability to think creatively and leverage technology to solve business challenges.
Data-Driven Decision-Making: Skilled in using data analytics to inform decisions and track progress.
Collaboration: Strong interpersonal skills and ability to work across diverse teams and stakeholders.
Change Leadership: Proven capability to lead cultural and organizational change to foster innovation and agility.
Customer Focus: Demonstrated commitment to enhancing customer experience through digital platforms.
Risk Management: Deep understanding of risks associated with treasury and implementing effective controls.
How to Apply
All candidates who wish to join Bank of Africa should apply online at the Aply Button below.
Deadline: 31st January 2025
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