Vacancy Announcement
1. About Development Bank of Rwanda (BRD) Plc
The Development Bank of Rwanda is Rwanda’s only National Development Bank mandated to support Rwanda’s development goals. Over the last years, the bank has undergone substantial re-organization aimed at positioning it as an “innovative and sustainable provider of development finance for socio-economic impact”.
To achieve this vision, the bank’s new strategic plan (2018-2024) has outlined 3 key strategic themes.
Operational Excellence: Continuous improvement of our credit and risk management system, financial performance and customer services.
Strategic Partnerships: Forming strategic partnerships to deliver our mandate is a key component of our core activities.
Dynamic Culture: Continuously improving our pool of knowledge to have the most competent and skilled employees.
To help accomplish this ambitious and exciting vision, the Development Bank of Rwanda (BRD) would like to recruit suitable qualified candidates to fill the following position.
BRD is committed to respecting gender equality norms. We promote gender responsive practices. Qualified candidates particularly females are encouraged to apply.
To help accomplish this ambitious and exciting vision, the Development Bank of Rwanda (BRD) would like to recruit suitable qualified candidates to fill the following position:
1. Treasury Officer (1)
1. Background Information
Job Title: Treasury Officer
Job Level:
Current Grade: JG 6
Division: Finance
Department/ Section/Unit: Finance
Reports to: Senior Manager, Financial Information Management
Direct Reports: N/A
Indirect Reports: N/A
2. Purpose of the Job
The purpose of the job is to monitor the market volatility on the different currencies the Bank operates to assist in decision making and internal reporting control to ensure that the bank funds are always well invested.
3. Main Responsibilities of the Job
Prepare various liquidity reports as per the BRD reporting timelines, ensuring quality and timeliness in the reporting process
Prepare a daily cash position and net position reports to management for information and decision making
Prepare a weekly Bank liquidity projection taking into accounts the expected inflows and outflows
Identify and disseminate information relating to liquidity sources, funding or investment counterparties, and global markets that may inform strategic and operational decision making
Contribute towards the establishment of relationships with various financial institutions that BRD engages with, to ensure BRD achieves the support required on funding
Undertake the day today operational aspects of the implementation of the BRD treasury management strategy, ensuring timeliness and quality
Provide input into the development of the BRD treasury management strategy, ensuring responsiveness to market needs
Analyze the market Risk in terms of currency, interest rates and liquidity and make appropriate recommendations
Prepare a mismatch report of assets and Liabilities on a monthly basis
Prepare investment proposals of available liquidity
Timely follow up and reporting of the correspondent Banks transactions
Ensuring successful payment to lenders of the bank
Undertake the day-to-day foreign currencies buy and sale transactions by generating revenues for the bank.
4. Performance indicators
Accurate liquidity reports
Available data from market trends
Updated foreign exchange rates
Reports of liquidity mismatch
Return on investments of the Bank’s liquidity
Revenue on foreign currency transactions
5. Working relationships
Financial institutions
Other DFIs and Lenders
6.Professional, academic qualifications and experience
Bachelor’s Degree in finance commerce, Accounting, Business Administration/ or related field
A minimum of three (3) years experience working in a commercial bank or similar institution
7.Core competencies
Demonstrable track record in treasury operations and management
Banking treasury management systems
Proven experience in managing relationships with correspondent banks and business partner
Thorough knowledge and application of derivatives to hedge market risk
Ability to analyze the dynamics of international financial markets and provide investment forecast
Experience in Financial analysis and reporting
Application Guidelines:
Interested candidates should apply online (https://www.brd.rw/careers/ ) and upload application documents including Curriculum Vitae, copies of degree certificates and professional certificates, motivation letter, names of three previous supervisors (as one document) as well as their emails and telephone.
Only online applications shall be considered.
Email only for inquiries (not application): recruitment@brd.rw
Address all applications to the Head, Human Capital, and Corporate Services of the Development Bank of Rwanda.
Deadline for application: Monday, December 27th, 2021.
The employment package is highly competitive/attractive. All applicants must be Rwandan.
Only Candidates with the right qualifications and relevant experience shall be shortlisted and contacted for interviews.
Done in Kigali, December 10th, 2021
