DBN is recruiting a Senior Treasury Specialist, to be based in Windhoek, Namibia.
Description
- Reporting to the Treasurer, the Senior Treasury Specialist is responsible for assisting the Treasurer in managing the bank’s treasury operations with a focus on managing funding, contingency funding planning, liquidity stress testing, reporting to the bank’s funders/investors as well as mitigating financial risks
- This position requires in-depth expertise in treasury management and financial analysis
Duties
- Execute and maintain robust risk management policies and procedures for treasury operations, collaboration with the Treasurer
- Perform detailed analysis of funding & liquidity risk (including term structures, concentration risks) for reporting to Treasurer
- Perform detailed analysis of interest rate risk in the banking book (including funding tenor risk, & basis risk) for reporting to TreasurerLead the bank’s participation in capital markets, including bond issuance, to raise funds for development initiatives
- Monitor compliance with the loan covenants by reviewing financial reports and other relevant data to ensure that they meet the bank’s obligations
- Prepare reports to the Treasurer regarding the status of loan covenant compliance
- Provide updates on any covenant violations or potential issues that may affect the bank’s exposure to risk
- Prepare accurate and timely reports for DBN funders and investors. Coordinate the Sustainable Finance Working Group as per the DBN Sustainable Finance Framework
- Monitor and flag non-compliance with all relevant NSX listing and reporting requirements of DBN funders and investors
- Participate in bank negotiations and discussions related to treasury operations
- Assist in special projects and initiatives related to treasury as assigned by the Treasurer
Requisites
- Education, Experience and Skills:
- Bachelor’s degree in Finance, Accounting, Business Administration or other quantitative disciplines relevant to the position from a recognized University (NQF Level 7)
- Relevant Post graduate qualification such as an MBA or Master’s in Finance/economics or equivalent will be an added advantage
- Professional qualifications such as CA, CFA or FRM certification and experience in the local Capital Markets with
special emphasis on bond issuance will be an added advantage
- Minimum of 5 years’ work experience in treasury, dealing or banking environment
- Very good verbal and written communication skills
- Excellent customer orientation/focus
- Ability to collaborate and to build relationships
- Ability to work in teams and interpersonal sensitivity
- A keen attention to detail
- Very good analytical, problem solving and evaluation skills
Notes
- Only shortlisted applicants will be contacted
- Applications will only be accepted from Namibian citizens
- The DBN offers market related remuneration packages commensurate with experience and qualifications
- Applications will be treated in strictest confidence
- Applicants who do not receive a response within three weeks after the application deadline should acknowledge that their applications were not selected for consideration
- We regret to inform that the Bank is unable to return submitted documents
How to Apply
1. Documentation
- Cover Letter
- Curriculum Vitae
2. Application