Financial Institution Manager Durban

Main Functions of the JobQuote FX spot rates to retail, SME, and corporate clientsFEC quotes, maturity management, swap transactions, facility managementOversee capturing of spot contracts and ensure FEC confirmations are sent out timeouslyCash FX – risk management through hedging and covering strategyMarket guidance – understand the impact of data releases and market events and convey them to clients in order for them to make more informed decisionsClient consultations – accompany bankers on client visits to consult with clients on potential for growth in service utilisation and relationship managementManage external banking relationships – ABSA, Standard Bank, Standard Chartered Bank, Bank of New York MellonMonitor Nostro account utilisation and ensure minimum required transaction values and volumes are met to avoid incurring monthly chargesInter franchise collaboration – coordinate meetings, target setting, and progress management with related Group banks. Develop and guide strategy implementation for trade growthReporting – monthly reporting to exco via GM Central Ops, Risk Comm, Board reportsTraining – provide training to staff on forex products and servicesParticipate in projects that involve/have any elements linked to FX liquidity or transactionsTo drive and manage enhancements in the FX product portfolioDesired Experience & QualificationQualificationsBComm or equivalent degree will be required in order to meet the requirements of the rolePreferred Experience2-5 years banking experienceKnowledgeMS office suite of productsRates booking system experienceUnderstanding of Economic conditions and its related impactsExchange control knowledge is an advantagePackage & RemunerationR480 000.00 – R540 000.00Interested?A Consultant will be in touch if you are shortlisted for the position. Please consider your application unsuccessful should you not have been contacted within 2 weeks. We will keep your CV on our database and contact you should you match the criteria of any other vacancies
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