Treasury Middle Office Associate at Aza Finance

Category: Treasury

Job Summary

• The candidate will be responsible for reporting on treasury positions, results, instruments, products, activities, systems, procedures and market risks.
• You will support the Treasury back office and Trading team.
• The Treasury operations cover multiple time zones and locations such as Tanzania, Uganda, Kenya, Senegal, Ghana, Nigeria, along with counter-parties in Europe and the US.
• This is an exciting opportunity to help Africa’s leading digital FX company build a brand in East and West Africa.

Responsibilities
Risk, Governance and Control:

• Assist with review of daily open position reconciliation (daily Fx blotter), daily counter-party report, and other risk report.
• Ensure that Treasury performance is tracked and reported accurately.
• Assist in the preparation and update of Treasury Policies and procedures
• Ensure Trade desk and Treasury payments’ Compliance with Standard Operations Procedure (SOP), Treasury policies and audit requirements.
• Assist with risk profiling and assessment of prospective clients
• Assist with daily monitoring of MTO post funding and repayments.
• Ensure accurate valuations on all FX transactions.
• Assist with daily review of open items/unreconciled items in Treasury operations.
• Monitor daily pending transactions and liaising with Account Management team and Treasury Operations to ensure accuracy of reports and escalate where needed.
• Keep abreast of local market developments which could have direct bearing on change to Procedures/reporting requirements.
• Ensure critical controls relating to market risk management is being observed and assist in raising appropriate awareness in Treasury Front and Back-Office
• Assist with the treasury front office and the operations margin, volumes and COS report.

Systems Maintenance and Development:

• Assist in review of float across accounts in over 20 currency pairs
• Assist in managing relationship and the KYC process with all our trading partners
• Assist with risk monitoring and reporting on SAP

Administrative Support:

• Support Sales, Trade desk and Account Management teams in pricing and review of OTC trades.
• Perform daily research on Fx markets, Maintenance of Market Data and other records/documentation of Treasury Middle Office reports.
• Assist with weekly review of Treasury Risk Register for Treasury department.
• Responsible for importing reports from Treasury Express/Treasury Solution
• Assist in providing required documentation for audits.
• Assist in providing necessary documentation for implementation of new systems.
• Ensure maintenance of the filing system of Treasury and Market Risk Policies and procedures.

Requirements

• A driven and self-motivated candidate with 4-5 years of experience in market risk/treasury risk.
• An experience in credit risk is an added advantage.
• Highly detail oriented and analytical
• Deep experience in Market risk, finance and treasury, ideally Foreign Exchange
• Ability to work under pressure in a fast-paced environment.
• Sound knowledge of Market risk methodologies & tools
• Should be particularly good at handling treasury reports and all the relevant data and information
• Should have excellent communication skills and should be able to convey all the important data received from the front end to the back end.
• Basic understanding of the principles of prudent liquidity management, regulatory reporting and risk reporting.
• Basic understanding of procedures for the whole product cycle from deal initiation to settlement.
• Basic knowledge and best practices of Treasury products, risk systems and operational processes;
• Experience in creating and running risk models
• Should be able to plan and prioritise work according to the requirement
• Should be an excellent team player.

Benefits

• A competitive salary and benefits package.
• Global / regional network / exposure in FinTech / Blockchain industry.
• One of the hottest, fastest scaling start-ups in Africa.
• Casual work environment.
• Great work-life balance.
• We value autonomy.
• Opportunity for growth for all employees.
• Opportunity to work hard and play hard.