Manager: Treasury Operations

KORAKHOA SOLUTIONS; Durban; On-site; ZAR 600,000 - 900,000; Full time

Job summary

Korakhoa Solutions in Durban, South Africa, is seeking an experienced Treasury professional to oversee transactions, liquidity management and FOREX deal confirmations. You will coordinate with departments and banks, prepare Treasury Bills documentation, and ensure audits and compliance are met.

The role requires a Bachelor's degree in Finance/Economics/Business with 5+ years in core banking, strong leadership, and solid knowledge of banking operations.

Qualifications

• Bachelor's degree in Finance, Economics, Business or related field.
• Five+ years core banking experience is required.
• Operations processes experience.
• Expertise in managing teams and coordinating cross-functional projects.

Responsibilities

• Check and authorize all transactions processed by Treasury administrators to ensure a faultless environment.
• Liaise with other departments, branches and banks on queries and confirmations of FOREX deals.
• Submission of the daily liquidity report to management and monitoring of the bank's liquidity position.
• Assisting Treasury dealers in managing funds in Reserve Bank Settlement Account and other local and international banks.
• Preparation of documentation required for Treasury Bills.
• Check and authorize requests sent to Treasury to make payments to third-party banks on their behalf.
• Processing and monitoring of all Bank Placements and Time/Call Deposits.
• Assist the Finance department in reconciling local and nostro accounts; liaising with banks on queries.
• Ensure BCM readiness for the department and ensure all activities adhere to policies and procedures.

Skills

Treasury operations

Team leadership

Cross-functional coordination

Banking operations

Financial reporting

Education

Bachelor's degree in Finance, Economics, Business

Tools

Banking software

Job description

Durban, South Africa | Posted on 10/15/2025

We offer comprehensive services in Recruitment(Permanent, Temporary, Fixed-term Contracts), Payroll Administration, andLabour Relations.

Job Description

• Check and authorize all transactions processed by Treasury administrators to ensure afaultless environment.
• Liaise with other departments, branches and banks on queries andconfirmations of FOREX deals.
• Submission of the daily liquidity report to management and monitoring of the bank's liquidityposition.
• Assisting Treasury dealers in managing funds in Reserve Bank Settlement Accountand other local and international banks.
• Preparation of documentation required for TreasuryBills.
• Check and authorizerequests sent to Treasury to make payments to third-party banks on their behalf.
• Alsoincludes authorizing transactions of high value/amount.
• Processing and monitoring of all Bank Placements and Time/Call Deposits
• Includes dailymanagement and processing of all clients Time Deposits.
• Assist the Finance department in reconciling local and nostro accounts. Includes liaisingwith other banks on queries and confirmations.
• Ensure all records are kept in order as per the Bank's policies.
• Responsible for audit and compliance.
• Ensure that individuals under supervision have appropriate levels of competencies and skillsto effectively carry out their roles.
• Collate information, produce and submit reports to management to ensure the accuracy andtimely delivery of information to management as required.
• Ensure BCM readiness for the department.
• Ensure all activities are completed within timescales and with a high degree of accuracy,whilst providing excellent service, and adhering to all appropriate processes and procedures.
• Be proactive in a wide range of customer enquiries and issues, resolving these or escalatingas appropriate.
• Undertake specific ad-hoc projects/assignments from time to time as directed by the linemanager.

Requirements

Qualifications & Experience:

• Bachelor's degree in Finance, Economics, Business, or related field.
• Minimum of 5 + years core banking experience.
• Operations Processes.
• Expertise in managing teams and coordinating cross-functional projects.