Treasury Dealer Careers – I&M Bank Uganda

Job Title:  Treasury Dealer  

Organisation: I&M Bank Uganda

Duty Station: Kampala, Uganda

Reports to: Head of Trading

About Organisation:

I&M Bank is a leading banking and insurance group in Eastern Africa with a presence in Kenya, Mauritius, Rwanda, Tanzania and Uganda. I&M Bank Uganda is a commercial bank headquartered at Kampala Road plot 6/6A with a growing regional presence.  The Bank offers a wide range of commercial banking and financial products and services, and prides itself on introducing innovative products and services based on the needs of its customers.

Job Summary:   This role is responsible for strategizing and executing trades in Foreign Exchange & Fixed Income securities, including bonds and other debt instruments, while ensuring compliance with the organization’s risk management guidelines and trading strategies. Should demonstrate strong analytical abilities, a comprehensive understanding of the foreign exchange and fixed income market, and the capacity to make swift, informed decisions under pressure.

Key Duties and Responsibilities:

Trade Execution

• Execute trades in fixed income securities and foreign exchange (Forex) markets, ensuring compliance with both market regulations and internal policies.
• Optimize trading strategies to maximize returns while minimizing risk exposure.
• Develop daily trading strategy for the desk and guidance to the Sales Dealer team
• In charge of all currency positions and global Bank position
• Strategy formulation for trading desk and Margin management
• Growth in counterparties traded with and relevant strategies development

Market Analysis and Decision-Making

• Market Maker – Conducts in-depth analysis of market trends, economic indicators, and financial reports to provide actionable insights and drive informed trading decisions.
• Stay abreast of global financial news, adjusting strategies in response to market shifts and changes in financial landscapes.

Relationship Management

• Build and maintain strong relationships with interbank trading counterparties, clients, and other key stakeholders.
• Collaborate with relationship managers to facilitate smooth execution of trades and enhance client satisfaction.

Pricing and Sales Support

• Develop competitive pricing models for clients, aiming to grow the bank’s market share by offering optimal value.
• Support the sales team with tailored pricing solutions that meet the needs of clients, while ensuring profitability for the bank.

Client-Focused Trading

• Engage in direct trading with clients, including both fixed income securities and foreign exchange, delivering high-quality service and ensuring client satisfaction.
• Identify and capitalize on trading opportunities that directly benefit both the bank and its clients.

Risk Management

• Constantly monitor trading activities to ensure alignment with established risk management frameworks and organizational limits.
• Regularly assess risk metrics, including Value at Risk (VaR), to safeguard the bank’s interests.

Personal Development and Training

• Actively identify knowledge gaps and create a personal development plan, focusing on ongoing learning and professional growth.
• Participate in industry events and continuous professional development opportunities.

Compliance and Audit

• Ensure full adherence to I&M Bank’s internal policies, liquidity investment directives, and regulatory frameworks.
• Maintain an “Acceptable” audit rating by ensuring that all trades and activities comply with internal audit standards and compliance to internal and external regulations.
• Daily, weekly reporting of transactions done and income

Industry Visibility

• Represent the bank at industry events and forums, promoting the bank’s capabilities and maintaining a visible presence within the market and actively contribute to discussions on industry trends, regulatory changes, and market dynamics.

Qualifications, Skills and Experience:

• Bachelor’s degree in finance, Business, Accounting, Commerce, or a related field is required.
• A master’s degree in a relevant field is an added advantage.
• ACI Dealing Certificate is mandatory for this role.

Work Experience:

• At least 4 years of working experience in a commercially oriented organization with 2 years’ experience at a supervisory level.

Required Competencies (Knowledge, Skills & Abilities):

• Self-Driven with personal initiative and innovation toward business growth
• Strong analytical skills and attention to detail.
• Problem-solving capabilities and the ability to thrive under pressure.
• Proven sales management and customer relationship management (CRM) experience.
• Expertise in market analysis and ability to anticipate market trends.
• Strong communication and collaboration skills to effectively interact with cross-functional teams.

How to Apply:

All suitably qualified and interested applicants should apply online at the link below.

Click Here

Deadline: 2nd April 2025 by 5pm

Note: Only shortlisted candidates will be contacted

For more of the latest jobs, please visit https://www.ugashare.com or find us on our facebook page https://www.facebook.com/Ugashare

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