Fixed Income and Money Market Trader (Balance Sheet Optimization)
2025-05-15T18:55:54+00:00
Diamond Trust Bank ( DTB )
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FULL_TIME
Dar es Salaam
Dar es Salaam
00000
Tanzania
Banking
Commercial Banks
2025-05-25T17:00:00+00:00
Tanzania
8
Job Purpose
To manage the bank’s fixed income and money market portfolio, ensuring efficient deployment of funds, maintaining liquidity, and optimizing returns on investments while managing interest rate and credit risks.
Key Responsibilities
- Ensure compliance with regulatory requirements for statutory reserves.
- Manage intra-day cashflows and short-term funding for local currency clearing accounts and locally held foreign currency.
- Maintain adequate funds in nostro and clearing accounts, avoiding overdrafts and investing surpluses at optimal rates.
- Generate revenue through money market instruments and secure the best investment prices.
- Assist in planning future cash movements to ensure necessary liquidity and prepare forecast reports for the bank’s funding requirements.
- Review and ensure all money market borrowing and lending deals comply with liquidity regulations.
Candidate Requirements
- Strong economic and analytical background.
- ACI Dealing Certificate (mandatory).
- Bachelor’s Degree in Economics, Commerce, Banking and Finance, or a related field.
- Proficiency in additional languages (e.g., Kutchi, Gujrati, Spanish, French, or Chinese) is desirable.
Desired Candidate Profile
The ideal candidate will possess a strong economic and analytical background with expertise in relevant asset classes, interest rate dynamics, and regulatory requirements. They should demonstrate sound judgment in navigating market volatility and contribute to balance sheet optimization strategies. An understanding of the local and international financial services industry is an added advantage.
Personal Attributes
- Thorough understanding of financial markets and a strong service ethic.
- In-depth knowledge of local and international financial services industries.
- Knowledge of foreign exchange markets and trends in major currencies.
- Expertise in fixed income markets and interest rate trends.
- Structured approach to managing complex and variable work environments independently.
- Ability to balance opposing business requirements and address both long-term and short-term needs.
Ensure compliance with regulatory requirements for statutory reserves. Manage intra-day cashflows and short-term funding for local currency clearing accounts and locally held foreign currency. Maintain adequate funds in nostro and clearing accounts, avoiding overdrafts and investing surpluses at optimal rates. Generate revenue through money market instruments and secure the best investment prices. Assist in planning future cash movements to ensure necessary liquidity and prepare forecast reports for the bank’s funding requirements. Review and ensure all money market borrowing and lending deals comply with liquidity regulations.
Thorough understanding of financial markets and a strong service ethic. In-depth knowledge of local and international financial services industries. Knowledge of foreign exchange markets and trends in major currencies. Expertise in fixed income markets and interest rate trends. Structured approach to managing complex and variable work environments independently. Ability to balance opposing business requirements and address both long-term and short-term needs.
Strong economic and analytical background. ACI Dealing Certificate (mandatory). Bachelor’s Degree in Economics, Commerce, Banking and Finance, or a related field. Proficiency in additional languages (e.g., Kutchi, Gujrati, Spanish, French, or Chinese) is desirable.
JOB-682638ba8eb7b
Vacancy title:
Fixed Income and Money Market Trader (Balance Sheet Optimization)
[Type: FULL_TIME, Industry: Banking, Category: Commercial Banks]
Jobs at:
Diamond Trust Bank ( DTB )
Deadline of this Job:
Sunday, May 25 2025
Duty Station:
Dar es Salaam | Dar es Salaam | Tanzania
Summary
Date Posted: Thursday, May 15 2025, Base Salary: Not Disclosed
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JOB DETAILS:
Job Purpose
To manage the bank’s fixed income and money market portfolio, ensuring efficient deployment of funds, maintaining liquidity, and optimizing returns on investments while managing interest rate and credit risks.
Key Responsibilities
- Ensure compliance with regulatory requirements for statutory reserves.
- Manage intra-day cashflows and short-term funding for local currency clearing accounts and locally held foreign currency.
- Maintain adequate funds in nostro and clearing accounts, avoiding overdrafts and investing surpluses at optimal rates.
- Generate revenue through money market instruments and secure the best investment prices.
- Assist in planning future cash movements to ensure necessary liquidity and prepare forecast reports for the bank’s funding requirements.
- Review and ensure all money market borrowing and lending deals comply with liquidity regulations.
Candidate Requirements
- Strong economic and analytical background.
- ACI Dealing Certificate (mandatory).
- Bachelor’s Degree in Economics, Commerce, Banking and Finance, or a related field.
- Proficiency in additional languages (e.g., Kutchi, Gujrati, Spanish, French, or Chinese) is desirable.
Desired Candidate Profile
The ideal candidate will possess a strong economic and analytical background with expertise in relevant asset classes, interest rate dynamics, and regulatory requirements. They should demonstrate sound judgment in navigating market volatility and contribute to balance sheet optimization strategies. An understanding of the local and international financial services industry is an added advantage.
Personal Attributes
- Thorough understanding of financial markets and a strong service ethic.
- In-depth knowledge of local and international financial services industries.
- Knowledge of foreign exchange markets and trends in major currencies.
- Expertise in fixed income markets and interest rate trends.
- Structured approach to managing complex and variable work environments independently.
- Ability to balance opposing business requirements and address both long-term and short-term needs.
Work Hours: 8
Experience in Months: 36
Level of Education: bachelor degree
Job application procedure
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