Manager: Treasury Operations

KORAKHOA SOLUTIONS; Durban; On-site; ZAR 500 000 - 700 000; Full time

Job summary

A financial services company in Durban is seeking a Treasury Officer to manage all transactions, prepare reports, and ensure compliance within the banking framework. Candidates should possess a Bachelor's degree in Finance or a related field, alongside a minimum of 5 years of core banking experience. The role demands strong management competencies and attention to detail in a fast-paced environment.

Qualifications

• Minimum of 5+ years core banking experience.

Responsibilities

• Check and authorize all transactions processed by Treasury.
• Liaise with departments and banks on FOREX deals.
• Submission of the daily liquidity report to management.
• Assist Treasury dealers in managing funds.
• Preparation of documentation for Treasury Bills.
• Authorize requests to make payments to banks.
• Processing and monitoring of all Bank Placements.
• Assist the Finance department in reconciling accounts.
• Ensure all records are kept in order.
• Responsible for audit and compliance.
• Ensure appropriate competencies of supervised individuals.
• Produce and submit reports to management.
• Ensure BCM readiness for the department.
• Complete all activities within timescales and accuracy.
• Resolve customer enquiries or escalate as appropriate.
• Undertake specific ad-hoc projects as directed.

Skills

HPLUS proficiency

Operations Processes

Team management expertise

Cross-functional project coordination

Education

Bachelor's degree in Finance, Economics, Business or related field

Job description

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.
• Also includes authorizing transactions of high value / amount.
• Processing and monitoring of all Bank Placements and Time / Call Deposits
• Includes daily management and processing of all clients Time Deposits.
• Assist the Finance department in reconciling local and nostro accounts. Includes liaising with 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 skills to effectively carry out their roles.
• Collate information, produce and submit reports to management to ensure the accuracy and timely 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 escalating as appropriate.
• Undertake specific ad-hoc projects / assignments from time to time as directed by the line manager.

Qualifications & Experience

• Bachelor's degree in Finance, Economics, Business, or related field.
• Minimum of 5 + years core banking experience.

Key Competencies

• HPLUS proficiency.
• Operations Processes.
• Expertise in managing teams and coordinating cross-functional projects.