Manager, Treasury & Markets (PAPSS Settlements) at African Export-Import Bank (Afreximbank)

Reference Number: LEEBLR031
Location: Cairo, Egypt

Responsibilities

• The nature and scope of this role is to support the Treasurer’s function that deals with the PAPSS settlement initiative. The incumbent will support the Treasurer and take a supervisory lead role in ensuring that the PAPSS Settlement Process is effectively and efficiently run;
• The role will also support the Treasurer in developing a solid best-in-class treasury PAPSS function which is a go-to all PAPSS settlement activities;
• The role will further support the Treasurer in crafting and executing a treasury PAPSS Settlement Operational Strategy that reduces the PAPSS Participants’ Hers tat risk and ensures that each Participants’ financial obligations are made good as they fall due at the end-of-day;

Treasury PAPSS Settlement Management:

• Manage the daily treasury PAPSS settlement and confirmation processes ensuring that all payments are confirmed and executed within defined cut-off times;
• The approval and release of payments that may require human intervention from a settlement perspective, to participants;

Treasury PAPSS Activities Analysis:

• Analyse all final approved inter-participant settlement stage transactions into the general ledger;
• Responsible for the end-to-end overdraft and collateral management in the PAPSS system as well as the Core Banking system;
• Monitor all of participating parties Overdraft Loan activities and review performance on a periodic basis;

Treasury PAPSS Reconciliations and Investigations:

• Responsible for all PAPSS settlement reconciliations and overdraft utilisations on an intra-day and end of day basis;
• Responsible for the investigation and resolution of any claims or queries relating to the PAPSS participants' activities on the platform;
• Responsible for ensuring that all matters are closed and highlighted in the PAPSS end-of-day report;

Treasury PAPSS Settlement Data Ownership and Custody:

• Ownership and safe custody of all treasury PAPSS settlement data valuable for research analytics;
• Responsible for the storage and recording of off-site settlement data necessary for the Bank’s research activities that relate to the PAPSS initiative;
• Supporting the PAPSS Participating parties’ teams in all aspects of settlements by learning their responsibilities also and using the knowledge to improve the PAPSS efficiency;

Treasury PAPSS Reporting, Team management and Communication:

• Maintaining and providing periodic treasury PAPSS Settlement reporting to senior management as and when required;
• Work closely with Finance and other stakeholders to ensure that all accounting processes take account of the complexities associated with settlement and banking;
• Responsible for maintaining effective communication channels with participating entities, and colleagues including Management on matters that relate to PAPSS settlement activities;
• Responsible for ensuring that within the treasury PAPSS team there is adequate cover during absences by initiating frequent staff training and practice sessions;
• Responsible for ensuring that all PAPSS functional activities are fully documented, including a periodical update;

Other:

• Any other duties that may be assigned to the role holder by Senior Management from time to time.

Requirements - Qualification and Skill

• A First Degree in a relevant discipline i.e. Accounting, Financial Management, Economics, Numerical or other related disciplines and a Postgraduate Degree in a relevant field. Recognised professional certification in a relevant field may be acceptable in lieu of a Postgraduate Degree;
• Master's Degree in area of Finance, Economics, Accountancy or MBA with a specialisation in Finance or Mathematical Sciences with a speciality in Financial Mathematics;
• Recognised Professional Qualification in Treasury Settlements will be a strong added advantage;
• A minimum of 8 years of experience working in a treasury settlement function either in a corporate institution, but preferably in the financial services industry;
• Solid grounding in financial systems database methodologies and financial modelling;
• Solid experience in working with Treasury Management Systems and/or inter-company netting processes;
• Operational experience in a financial department with significant systems exposure;
• Previous experience in a treasury environment and solid understanding of treasury operations;
• People and project management;
• Knowledge of treasury, debt capital markets, financial instruments, and structures;
• Advanced Excel skills and computer literacy (e.g. SQL, Crystal Reports);
• Excellent verbal and written communication skills in English. Knowledge of the Bank's other working languages is an added advantage (French, Arabic and Portuguese); and
• Demonstrated leadership capabilities, including ability to organize and manage human resources from varied cultural backgrounds to attain goals.

Contractual information:

• Permanent.
• Willing and able to relocate to Cairo.
• Suitably qualified candidates from all African nationalities are encouraged to apply.

Interested and qualified candidates should send their CV to "Lise Kotze" at: Lkotze@caglobalint.com using the Job Title as the subject of the email.

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