The Job holder is the Team Lead for the Treasury Back Office (TBO) team within the Operations department. The Job holder will be responsible for managing treasury activities in a timely manner including payment processing, deal confirmation, nostro reconciliation and reporting.
- Provide leadership to the division ensuring that the TBO team are aligned to strategic goals and understand the overall business objectives;
- Verification and Confirmation of treasury deals;
- Booking and Maintenance of treasury deals on the treasury system;
- Ensure TBO has a record of updated dealing mandates for all direct dealing clients;
- Ensure that the team performs all functions in a timeous and accurate manner;
- Manage the daily activities between Treasury Front Office and TBO;
- Responsible for keeping proper records, including reconciliations, putting in place proper internal control procedures and compliance with the organisation's policies;
- Ensure current operational processes are effectively maintained to reduce operational risk, that all operational issues are resolved timeously and that the processes are continuously improved based on issues identified and resolved;
- Ensure the team effectively implements change and originate new process improvements;
- Reconciliation of Nostro accounts by developing best practices;
- Proper escalation procedures for Nostro unreconciled items;
- Ensure reports, regulatory returns, Collateral and reserves movements are completed accurately and sent timeously to relevant parties;
- Monitoring of internal and regulatory limits;
- Monitor and control liquidity management as per BOM regulations;
- Maintenance and monitoring of counterparty limits and to report any credit exposures and excesses;
- Monitoring of internal and regulatory limits;
- Monitor and control liquidity management as per BOM regulations;
- Comply with established policies;
- Ensure effective staff management integrating the HR policies and practices;
- Assist in development/design of reports to provide appropriate information which identifies the risk and returns;
- Keep abreast of local market developments which could have direct bearing on change to Procedures/reporting requirements;
- To assist any BoM Queries;
- To assist internal and external audit queries and request;
- Any ad hoc task .