Saturday, March 28, 2015

Twiga Bancorp Limited (TBCL ),Senior Treasury Operation Officer Jobs in Tanzania

Twiga Bancorp Limited (TBCL) is a growing Non-Bank Financial  Institution
established under the Banking and Financial Institution Act  (1991). The
Institution has five Branches, two in Dar es salaam and one  each in
Arusha, Dodoma and Mwanza.

The Institution also  operates sub-Branch activities at the Julius Nyerere
International  Airport, Nyerere Memorial Academy in Kigamboni, Dar es
salaam as well as  service outlet in Bunda, Mara Region. The Institution is
in the process  of managing changes by re-engineering its organizational
structure,  introducing new products and reinforcing efficiency and
Professionalism  in its operations. The bank has recently migrated to a
state of the art  banking software with the aim of improving it services
and product  offering

In order to effect the envisaged changes, the Institution invites suitable
applicants to fill the following posts:

JOB TITLE: Senior Treasury Operation Officer

(a) Appointing Authority: Chief Executive
(b) Responsible to: Treasury Operations Manager

The  main responsibility of the Treasury Back Office is the processing of
all Treasury transactions in a correct manner. The main Treasury
transactions includes
• Foreign Exchange deals
• Money Market Deposits and Lending
• Derivatives
• Securities (Treasury Bills and Treasury Bonds)

Essential Functions
• Confirmation of all transactions completed by Treasury Front Office staff
• Enter and process treasury transactions into the main accounting system
• Manage utilization of dealers’ and counterparts limits
• Timely and accurate settlement of deals
• End of Day revolution of foreign currencies transactions and foreign
currencies open positions
• Reconcile Treasury Front Office positions
• Provision of timely and accurate management information to key
• Correct implementation of regulatory and banks’ operational & procedural

Required Education & Experience
• Bachelor’s Degree in Accounting/Finance
• Good knowledge of banking instruments, procedures
• Experience in working with SWIFT
• Treasury accounting or financial accounting experience
• Understanding of FX/MM, securities, Repos and Common FX & IR derivatives
• Fluent communication skills in English (both verbally and writing)

Required Skills, Knowledge & Competencies
• Able to work accurately and under high pressure within fixed and short
time frames
• Willing to work in a small team
• Good organizational skills
• Result and quality oriented
• Good communication skills
• Pro-active, self-starting approach
• Attention to detail and accuracy
• Interested in process improvement
• Willing to adapt quickly to quick changes in direction
• Internally motivated to seek out answers, generate ideas, and develop new

Application should include the following

• Typed letter of application hand-signed by the applicant
• Detailed CV
• Photocopies of relevant Certificates
• Two recent passport size photographs of the applicant
•  Names of at least two referees address, postal address, fax number,
telephone/mobile telephone numbers and e-mail address and nature of

Only short listed candidates will be contacted for interview

Applications should be addressed to

The Chief Executive Officer

Twiga Bancorp Limited
P.O. Box 10119
Dar es salaam

Physical Address:
Twiga House, Samora Avenue, Dar es salaam
2nd Floor, CEO’s Office

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