Reference Number: LEEBLR031
• 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: Qualifications and Skills
• 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 post graduate 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 15 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.
• Permanent. • Willing and able to relocate to Cairo. • Suitably qualified candidates from all African nationalities are encouraged to apply.
Closing date: 18th June 2021
If you wish to apply for the position, please send your CV to Lise Kotze at firstname.lastname@example.org
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