Treasurer at Bidvest Bank

About the position

PRIMARY PURPOSE
Provide general treasury services to the corporate clients and internal customers of Bidvest Bank
KEY PERFORMANCE AREAS (KPA's) AND KEY PERFORMANCE INDICATORS (KPI's)
FINANCE
Key Performance Area (KPA) Key Performance Indicator (KPI)
Management of costs and budgets Provide competitive pricing to internal and external customers.
Ensure that all trades are executed profitably for the Bank

• Manage and control efficiencies to alleviate losses
• Monitor and manage operational costs monthly
  Revenue Generation
• Trade profitably for the bank
• Profit generation through the efficient management of currency risk
• Ensure pricing is correct
  Cost saving & revenue initiatives
• Pursue potential cost saving / revenue enhancement initiatives for the Bank where applicable
  CUSTOMER SERVICE
  Key Performance Area (KPA) Key Performance Indicator (KPI)
  Customer Service and Daily operations
• Provide expert advice and input to other Departments and Units regarding the Treasury Office Operations and processes and procedures involved
• Assist and advise internal departments on new initiatives that may impact or be influenced by investments, currencies and markets

Internal Clients
- Build and maintain relationships with the following divisions:
- Back office (daily operational issues)
- Middle office (risk management - are trades within mandates)
- Finance
- Credit (breaching of limits and mandates)
- Deposits and investments
- Compliance (new agreements and legal requirements)
- Bulk note
- Retail
External Clients

• Deal with Corporate clients directly;
• Interbank (foreign, local);
• Maintain professional relationships and the reputation of the bank in terms of trading;
• Provide economic commentary based on dealing room views;
• Service needs of Intermediaries.
  Service Excellence Manage the day to day operations with due cognisance of:
• Levels & quality of service delivery as experienced by internal & external stakeholders.
• Responsiveness: Speed of responses, reaction time, going the extra mile, turnaround time
• Degree of customer satisfaction from customers
• Output results from "client servicing" activities. Includes value of advice to customers &/or stakeholders
• Assist with the review of funding plans and contingency and recovery plans
• Daily liaison with all relevant Stakeholders, advise on risks
• Ensure policies are adhered to and reviewed when market or regulatory changes occur
• Communicate possible changes to all departments and advise Executives to facilitate decision making

PEOPLE MANAGEMENT
Key Performance Area (KPA) Key Performance Indicator (KPI)

• OPERATIONAL EXCELLENCE
  Key Performance Area (KPA) Key Performance Indicator (KPI)
  Audits
• Ensure that there are no high risk findings for the unit and its processes and risks are mitigated
• Assist internal and external audit where required
• Implement audit recommendations (if any)
• Action monthly reconciliations as required
  Operational Excellence
• Ensure trading errors are kept to a minimum to minimize risk to the bank
• Ensure all daily and monthly regulatory requirements are met
• SAOINA report completed daily
• Set retail branch rates on a daily basis
• Quote on FX paynet
• Book deals on OPICS (booking, extending and reversing deals)
• Book deals on Merlin (branches)
  Investments and Trades
• Handle all operational procedures relating to trades and investments
• Maximize profits and minimize risk within acceptability through - market making, positioning and trading within approved limits and policies and procedures
• Build and maintain key relationships by meeting with other main role-players in industry
• Maintain close relationships with other firms in order to support business in this area
• Keep up-to-date with interest rate movements and currency fluctuations internationally through daily studying of country and international economic indicators, etc.
• Responsible for FX products across spot markets
• Provide prices, upon request
• Maintain deal record daily
• Update relevant systems and ensure hedging takes place where risks identified
  Risk Management
• Comply with internal and external regulatory requirements
• Help establish and monitor the risk control framework for interest rate risk in the banking book
  Reporting
• Assist the chief dealer with drafting and compiling monthly reporting to MANCO, EXCO Transaction reporting and trend analysis
• Stats, time management, capacity versus volume versus output and quality
  Process Management
• Raise and discuss any issues regarding system/process weaknesses as identified for internal systems and controls to be implemented
• Communication to ensure the required departments apply the correct procedures identified
• Improve processes, turnaround times and controls within Treasury within sphere of responsibility
  System Development
• Provide input into new systems based on experience in Bank and Bank's Systems and IT knowledge
• Intellectual property
• Developing new products for bank
  LEARNING AND GROWTH
  Key Performance Area (KPA) Key Performance Indicator (KPI)
  Training
• Keeping abreast of own development and ensure exposure is gained based on development areas
• Maintain skill set by undertaking relevant training throughout the year
• Provide training to new FXPaynet consultants with reference to treasury matters
• Provide training to retail consultants
• Provide environment where employees can apply what they have learned
• Develop training and encourage career advancement
  REQUIREMENTS (What is required to perform the Essential Duties)
  Minimum Ideal
  Qualifications B Com or equivalent Degree in Accounting or Economics ACI Dealing Certificate
  Experience 2 years' dealing experience and thorough knowledge of trades and investments
  3 years' in similar role Industry and Role
  Knowledge, Skills and Abilities Required (Competencies & level of competencies)
  Minimum Ideal
• Knowledge and experience in liquidity and interest rate risk management at a large financial institution
• Knowledge of and experience with Bank regulations for liquidity, capital and interest rate risk management
• Knowledge of balance sheet analytics
• Knowledge of Local and International Banking Industry regulations
• Sound and independent judgment. Ability to balance
• Attention to detail
• Financial acumen
• Internal Policies and Procedures
• Ability to operate effectively under pressure
• Attention to detail
• Good communication skills
• Resourceful
• Proficient in all relevant Banking systems
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Progressive Thinker
• Diligent
• Meticulous
• Proficient in Microsoft Office
• Ability to identify weaknesses in the control environment and implement change
• Advances Excel skills) - Same as minimum
  WORKING CONDITIONS (office bound/on-site/travel)
  Office Bound

Desired Skills:

• Attention to detail
• communication skills.
• resource
• Finance
• Microsoft
• policies

About The Employer:

Provide general treasury services to the corporate clients and internal customers of Bidvest Bank
KEY PERFORMANCE AREAS (KPA's) AND KEY PERFORMANCE INDICATORS (KPI's)
FINANCE
Key Performance Area (KPA) Key Performance Indicator (KPI)
Management of costs and budgets Provide competitive pricing to internal and external customers.
Ensure that all trades are executed profitably for the Bank




- Manage and control efficiencies to alleviate losses
- Monitor and manage operational costs monthly
Revenue Generation
- Trade profitably for the bank
- Profit generation through the efficient management of currency risk
- Ensure pricing is correct
Cost saving & revenue initiatives
- Pursue potential cost saving / revenue enhancement initiatives for the Bank where applicable
CUSTOMER SERVICE
Key Performance Area (KPA) Key Performance Indicator (KPI)
Customer Service and Daily operations
- Provide expert advice and input to other Departments and Units regarding the Treasury Office Operations and processes and procedures involved
- Assist and advise internal departments on new initiatives that may impact or be influenced by investments, currencies and markets

Internal Clients
- Build and maintain relationships with the following divisions:
- Back office (daily operational issues)
- Middle office (risk management - are trades within mandates)
- Finance
- Credit (breaching of limits and mandates)
- Deposits and investments
- Compliance (new agreements and legal requirements)
- Bulk note
- Retail
External Clients


- Deal with Corporate clients directly;
- Interbank (foreign, local);
- Maintain professional relationships and the reputation of the bank in terms of trading;
- Provide economic commentary based on dealing room views;
- Service needs of Intermediaries.
Service Excellence Manage the day to day operations with due cognisance of:
- Levels & quality of service delivery as experienced by internal & external stakeholders.
- Responsiveness: Speed of responses, reaction time, going the extra mile, turnaround time
- Degree of customer satisfaction from customers
- Output results from "client servicing" activities. Includes value of advice to customers &/or stakeholders
- Assist with the review of funding plans and contingency and recovery plans
- Daily liaison with all relevant Stakeholders, advise on risks
- Ensure policies are adhered to and reviewed when market or regulatory changes occur
- Communicate possible changes to all departments and advise Executives to facilitate decision making

PEOPLE MANAGEMENT
Key Performance Area (KPA) Key Performance Indicator (KPI)


- OPERATIONAL EXCELLENCE
Key Performance Area (KPA) Key Performance Indicator (KPI)
Audits
- Ensure that there are no high risk findings for the unit and its processes and risks are mitigated
- Assist internal and external audit where required
- Implement audit recommendations (if any)
- Action monthly reconciliations as required
Operational Excellence
- Ensure trading errors are kept to a minimum to minimize risk to the bank
- Ensure all daily and monthly regulatory requirements are met
- SAOINA report completed daily
- Set retail branch rates on a daily basis
- Quote on FX paynet
- Book deals on OPICS (booking, extending and reversing deals)
- Book deals on Merlin (branches)
Investments and Trades
- Handle all operational procedures relating to trades and investments
- Maximize profits and minimize risk within acceptability through - market making, positioning and trading within approved limits and policies and procedures
- Build and maintain key relationships by meeting with other main role-players in industry
- Maintain close relationships