Manager, Treasury Services (Africa Funds Mobilization) at African Export-Import Bank (Afreximbank)

Reference: PBF 3303

Responsibilities
Liquidity Management Strategy, Planning, Analysis and Funding Execution:

• Formulation of the Africa-focus Funding Mobilisation Strategy with the help of the Head of Treasury Services and designing a fit-for-purpose implementation roadmap;
• Champion the implementation of the Africa-focus Funding Mobilisation Plan with the help of the Head of Treasury Services;
• Champion Treasury’s initiatives to raise targeted local currency funding from the African Continent in line with Bank’s wider strategy of diversifying its funding base;
• Establishing Debt and Capital Market Programmes in targeted local markets in Africa where the Bank, as part of the wider strategy, targets to raise local currency funding;
• Realising wholesale deposits takings in line with the Bank’s guidelines;

Treasury Funding Product Formulation and Sales/Marketing:

• Participates in client conference calls/meetings to assess client needs;
• Identifies product solutions for client needs, works with the origination function and other partners in various African countries to obtain product information, pricing, implementation contacts/process;
• Presents features/benefits of products to client jointly with the Head of Treasury Services;
• Build expertise in particular regions or economic blocks: North, West, East, South;
• Works jointly with the origination function to leverage on the existing wide client base of the Bank;
• Responsible for knowledge sharing with the wider Treasury Services team and the Bank;
• Prepare and present International and/or Continental Presentations/Seminars to clients;
• Works with the Strategy team to build out additional product offerings;

Investor Relationship Management:

• Establishing and nurturing bilateral relationships of all deposit related counterparties domiciled in the African Continent;
• Management of all relationships with African Central Banks, other deposit funding institutions and fixed income investors;
• Champion treasury roadshow arrangements with targeted African domiciled institutions;
• Ensure you project a smart, friendly, polite and professional image providing the highest standard of customer care to satisfactorily negotiate and retain deposits efficiently with targeted counterparties;
• With the help of the Head of Treasury Services Unit, be the ambassador of the African funding mobilisation exercises;
• Communicate effectively with all stakeholders, internal and external;
• Ability to handle difficult situations and arrive at win-win solutions;

Reporting and Debt Covenant Management:

• Analysis and reporting of progress of the Africa-focus funding Mobilisation Plan/Strategy on a periodic basis;
• Lead by example and achieve individual targets and function wider scorecard KPI’s;
• Managing the deposit-taking portfolios of the Bank and liaising with the treasury back-office team to ensure that all deposits are properly accounted for, settled and reported;
• Ensure compliance with in-country deposit regulations, treasury administrative processes and procedures;

Pricing Management:

• Development and ownership of a fit-for-purpose market standard deposit-taking pricing model;
• Periodic and timely circulation of updated deposit pricing information to all target counterparties;
• Engaging and liaising with relevant counterparties on all pricing related issues;
• Ownership of the deposit portfolio contribution to the Bank’s overall weighted average cost of funds ensuring that optimal target levels set by the Bank are achieved at all times

Contingency Funding Plan Management:

• Develop and implement a contingency funding plan for the deposit taking portfolio with the help of the treasury Front-Office team;
• Documentation of process processes and procedures of the Bank’s deposit contingency funding process and maintaining these going forward; and
• Working to ensure the harmonisation of the deposit portfolio specific contingency funding plan with the Bank’s wider treasury contingency funding plan.

Other:

• Any other tasks that may be assigned to you by the Head of Treasury Services and Senior Management from time to time.

Requirements (Qualification and Skill)

• A Bachelor’s degree from a leading University in either Finance, Economics, Accounting, Business Administration or other disciplines relevant to the position, plus a post-graduate degree in a relevant field. A relevant professional qualification may be accepted in lieu of a post-graduate degree on a case by case basis (e.g. AMCT, ACI, CPT)
• Relevant experience of at least 8 years
• Demonstrated knowledge and experience of relevant product sales and marketing experience in the financial services industry in the African environment;
• Ability to make decision in a fast moving environment like international capital market and to negotiate with counterparties.
• Good Excel skills and very strong financial modeling skills required;
• Ability to communicate and function in a culturally diverse and change oriented setting with good knowledge of banking practices in Africa;
• Ability to interact with senior officials of banks, corporates and governments;
• Bi-lingual with excellent verbal and written communication skills in English and French. Knowledge of  the Bank’s other working languages is an added advantage (Arabic and Portuguese); and
• Demonstrated leadership capabilities, including ability to organize and manage human resources from varied cultural backgrounds to attain goals.
• Ability to demonstrate proof of passion and commitment to the socio-economic empowerment of African countries and the ability to support the achievement of Afreximbank’s mandate.

Contractual Information

• Permanent
• Willing and able to relocate to Cairo
• Suitably qualified candidates from all African nationalities are encouraged to apply
• Tax-free salaries paid in USD