Deputy Head of Treasury

Job Description

Title: Deputy Head of Treasury

Company Name: Industrial and Infrastructure Development Finance Company Limited (IIDFC)

Vacancy: --

Age: Na

Job Location: Dhaka

Salary: --

Experience:

• At least 10 years

• Candidate should be Bachelors/Master’s degree preferably in business discipline like Finance, Accounting, Economics, Business Management, etc. preferably with Professional qualification in banking and accounting from any recognized university.

• At least 10 years

• Minimum 10 (Ten) years of working experience with any reputed NBFI/Bank.

• Sound knowledge and understanding about money market situation

• Full awareness and appreciation of profit dynamics in Financial Institution.

• Proven leadership and people management skills with a high level of commitment and enthusiasm.

IIDFC - an active player in the Financial Market- is a leading non-banking financial institution promoted by ten banks both from public and private sector, three insurance companies and Investment Corporation of Bangladesh (ICB).

IIDFC is looking for young, energetic and self-driven individuals among Bangladeshi citizens with good educational background from a recognized university and impressive track record, who can take up the challenges for a successful career in the following position.

Job Descriptions:

• As Deputy Head of the Department s/he will assist Head of Treasury in running the department smoothly and efficiently. Under guidance of Head of Treasury s/he will perform the following responsibilities.

• Conduct regular treasury activities and formulate treasury financial plan.

• Determine overall treasury business and risk strategy within internal and regulatory limits.

• Continuous development of systems, processes, business strategies, etc.

• Understand market factors, monitor the interest rate trend, forecast market and share relevant market information with management to set strategies for better positioning of the Company.

• Analysis of risk and prepare and present monthly ALCO meeting report to the management and propose for advantageous steps.

• Ensure schedule reports to the senior management regarding treasury position and immediate market outlooks.

• Ensure timely submission of regulatory reports and maintain Liaisons with other stakeholders.

• Assist in preparation/modification of policy, guidelines, manuals, and protocol.

• Ensure and maintenance of call money limit, CRR and SLR limit, and other legal requirements.

• Make investment in Treasury bill, bond, or secured investment as per investment policy.

• Ensure refinance application processing and arrangement of supporting documents as per refinance protocol on time.

• Arrangement of loan/refinance repayment on time.

• Make profitable Investment with Banks/NBFIs from the surplus fund as per investment policy.

• Overseeing the day-to-day fund management and facilitate the flow of funds from Banks/NBFIs to support asset financing and build/renew credit line for continuous flow of funds.

• Treasury placement (borrowing/lending) renewal or encashment and renewal of other facilities.

• Monitor all deals to adhere to all internal and regulatory rules and regulations.

• Effective management of asset-liability gaps by reducing overall cost and diversifying funding source.

• Ensure proper documentation as per operational guidelines, manual, and transaction protocol.

• Ensure accurate transaction entry in software and AIT certificate collection, all kinds of interest rechecking, and proceed for accounting records.

• Enhance Company’s banking and financial institution relationships and handle key issues such as pricing, bundling of services, availability of credit and non-credit services, and developing a ‘partnership’ approach.

• Communicating with banks and others for solving different operational issues and overall responsibility for the administration of all banking and treasury services for the Company.

• Attractive compensation package with continuous training facilities and prospects of career progression await for the really deserving candidates.