Treasury Middle Officer Analyst 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.