Position Description:
Job Role:
The incumbent will be responsible to manage the Forex and Treasury functions of the Bank as a whole. The major functions include handling forex and treasury functions to maximize returns for the bank, framing respective policies and procedures guiding/directing under him compliance of statutory and regulatory requirements etc
Major Responsibilities:
Opening of Letter of Credit and verifying of documents drawn under UC Processing import and export documents.
Processing remittance requests
Authorizing swift messages
Reconciliation of Nostro accounts.
Follow up of unreconcilied entries.
Monitoring and placement of funds in local and overseas banks
Participating in Treasury Bills / Bonds
Funding and monitoring balance in Clearing A/c
Maintained with Bank of Tanzania and SMR A/c
Quoting exchange rates for cross currency transactions.
Any additional duties may be assigned at the sole discretion of the management
Qualifications and Experience Requirements
Tanzanians holding bachelor degree or equivalent qualifications need only apply.
Relevant professional qualifications in Forex / Treasury
Competence in computer applications in forex / treasury function
Candidates with relevant experience In banking and / or other financial institutions for at least 3 years out of which 1 year in a senior position will only be considered.
Application Instructions:
Compensation:
The compensation package will be commensurable with the qualification and experience.
Attributes:
Candidates for the posts must be self-motivated, matured & self disciplined with good track record.
They must have strong integrity base, professional approach and demonstrating ability to make immediate and positive impact in the operations of the Bank.
Mode of Application:
All applications should have names of three official referees with their contacts. Applications accompanied by professionally prepared CVs, copies of all supporting documents along with a recent photograph
The Managing Director
Bank of Baroda (Tanzania) Ltd
P. O. Box. No. 5356
Dar es Salaam
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