Treasury Middle Officer Analyst at Family Bank Ltd

at FAMILY BANK Ltd
Location NAIROBI, Kenya
Date Posted May 13, 2025
Category Banking
Job Type Full-time
Currency KES

Description

Family Bank (formely Family Finance Building Society) was registered as a Building Society in October 1984 in Kenya, under the Building Societies Act and commenced operations in the early 1985. Family Bank converted into a fully fledged bank in May 2007 and the main driver for our conversion was the need to offer a wider range of products and services

Responsibilities

    • ndependently monitor and oversee all Treasury-related risk limits including exposure limits, stop-loss limits,
    • Value at Risk (VaR), counterparty exposure, rate tolerance, trader limits, and other policy-defined  thresholds.
    • Promptly escalate and report limit breaches and exceptions to the Market Risk Manager, with appropriate  root cause analysis and recommendations.
    • Monitor and review all deal amendments, cancellations, and rebooking in real-time to detect unusual  patterns or unauthorized activity; escalate any suspicious behavior or potential indicators of fraud in  accordance with the bank’s escalation protocols.
    • Perform independent oversight of Treasury positions and ensure accurate aggregation of exposures across  books, desks, and counterparties.
    • Monitor intraday and end-of-day risk exposures, highlighting significant changes or emerging risks.
    • Independently verify deal pricing and rate application across FX, interest rate, and money market  instruments.
    • Validate mark-to-market and mark-to-model valuations for traded instruments and ensure pricing sources  are independent and reliable.
    • Prepare and distribute daily reports on Treasury activity, including P&L summaries, deal volumes,  breaches, and exception tracking.
    • Reconcile the global blotter and validate that FX position movements reconcile to opening balances.
    • Ensure accuracy and completeness of market data inputs, deal capture, and trade lifecycle events within  the Treasury system.
    • Review the risk profile and control requirements for new Treasury products prior to launch, ensuring  alignment with the bank’s risk appetite.
    • Participate in the validation and periodic review of valuation and risk models used within Treasury.
    • Liaise regularly with Front Office, Risk, Finance, and Operations to ensure a coordinated approach to  Treasury control and reporting.
    • Assist in testing system enhancements, upgrades, or new Treasury platforms from a control and risk  perspective.
    • HR Department Doc.
    • Provide input into process improvement initiatives to enhance automation, reduce manual work, and  mitigate operational risk.
    • Ensure Treasury trading and -investment activities are conducted in accordance with internal policies,  regulatory frameworks, and global best practices.
    • Assist in preparing for internal and external audits, and support implementation of audit recommendations  related to Treasury controls.
    • Respond to ad hoc data and risk analysis requests from senior management, regulators, or other control  functions.
    • Contribute to strategic Treasury initiatives, such as system upgrades, risk framework enhancements, and  policy revisions.
    • Carry out any additional responsibilities assigned by the Market Risk Manager or Chief Risk Officer.
Job search

The Person:

  • The ideal candidate must possess the following:

Qualifications/Experience:

  • A bachelor’s degree in quantitative discipline such as Finance, Economics, Mathematics, Statistics,  Engineering, or a related field.
  • Professional certifications such as FRM (Financial Risk Manager), CFA (Chartered Financial Analyst), ACI  Dealing Certificate, CPA, ACCA, or Financial Risk & Regulation (FRR) are highly desirable and will be  considered an added advantage.
  • Minimum of 3 years of relevant experience in the banking sector, with direct exposure to Treasury  operations, market risk, or Treasury product control.
  • Strong proficiency in data analysis and report generation, with the ability to derive actionable insights and
  • present recommendations clearly

Don't Keep Share!:

Applying Instructions

ALL applicants MUST apply online to the email;

recruitment@familybank.co.ke;

closing date  is 16th May 2025 Canvassing will automatically disqualify the candidate. Only shortlisted  candidates will be contacted.

WARNING: Do not to pay any money to get a job. Please report fraudulent jobs to info@newjobskenya.com

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