Treasury Manager – Forex Job at Pride Microfinance Limited (MDI)

Pride Microfinance Limited (MDI)

Treasury Manager – Forex Job Post

Location: Jobs in Uganda 2024 - 2025

Work Hours: Full-time, 08 hours per day

Salary: UGX

No. of vacancies: 01

Deadline: October 04 2024

Hiring Organization: Pride Microfinance Limited (MDI)

Job Details:

Pride Microfinance Limited (MDI) is a Microfinance Deposit- taking Institution regulated and supervised by Bank of Uganda (BoU) under the MDI Act, 2003 and MDI Regulations, 2004 and a purpose to transform lives responsibly. Pride offers innovative financial
solutions to people at the base of the economic pyramid and serves its customers through 42 networked branches and 5 contact offices. Pride is an equal opportunity employer looking for competent and experienced individuals to fill the vacancy below:

Treasury Manager – Forex
The Treasury Manager - Forex will report to the Head of Treasury and will be based at Head office. He/ she will be responsible for planning and implementing the foreign exchange business in line with Pride’s policies and the applicable laws and regulations.

Specific responsibilities include: -
• Manage forex trading functions to meet corporate goals financially.
• Develop and implement foreign exchange business plan.
• Report the results periodically and review and update the plan periodically
• Manage the treasury balance with banks.
• Maintain quality customer service, create client solutions and perceptive judgment of client needs.
• Identify, measure, control and monitor all foreign exchange risks.
• Ensure compliance with all legal and regulatory requirements and Prides policy stipulations.
• Receive and review foreign exchange reports from the branches and consolidate them for compliance report to the central bank and EXCOM.
• Supervisor TOs in charge of forex trading to ensure efficient operations.
• Conclude forex transactions with set limits.
• Monitor overall FX positions at branch level to ensure compliance.
• Review forex limits to align the same to business demands.

Minimum academic qualifications, Experience & competences
• Bachelor’s degree in commerce, Business Administration or any other related field majoring in accounting or finance.
• ACI Dealers Certificate and professional course are added advantage
• At least six years’ experience in a financial institution preferably in finance or forex department.
• He/she should not be more than 45 years of age.