Amhara Bank Vacancy

Amhara Bank Vacancy

Amhara Bank SC

Amhara Bank S.C. is one of the private commercial Banks with an aim to create a significant impact in the manner in which banking services are delivered through knowledge- based leadership & state of the art technology in a very unique presence and value proposition. The Bank focuses on service inclusiveness, innovation, community & customer focus. Amhara Bank S.C. is very young in Business life and it has been operating with an aggressive momentum since joined the financial sector with more than 5,000 energetic employees, and visionary leaders with more than 310 branches so as to achieve its vision “ To be leading and game- changing Bank in Africa ”. The Bank would like to invite qualified and competent applicants to apply for the following vacant post. The Bank would like to invite qualified and competent applicants to apply for the following vacant post.  

Position 1: Cash Flow and Liquidity Management Officer  

Purpose of the Job To ensure the bank has acceptable cash to fulfill its financial obligations by identifying, analyzing monitoring and reporting  diurnal cash inflow financial data. 

General Functions 

Enhance the strong business relationship with customers and cross sell the bank’s positive image to the community 

Provide the concerned organ with timely, applicable, accurate, and complete reports on the plan performance 

Provide services as per the service level agreement 

Contribute to the bank’s profitability as per the target set 

Engage in teamwork, collaboration, and transparency work practices 

Adhere to internal control system and risk management program of the Bank  

Specific Functions 

Actively involved in analyzing, developing and recommending effective strategies to improve cash inflow  operation of the bank; 

Identify, maintain and organize  diurnal cash flow  sale data to properly oversee the liquidity position of the bank; 

Properly maintain data on diurnal cash position of the bank, and provide same for diurnal cash requirement forecasts. 

Organize and analyze  fiscal data and market trends to identify implicit risks and opportunities;  

Measure, analyze, monitor, and report on the bank’s  diurnal liquidity position. 

Assess risks associated with bank’s ability to meet its short- term financial  scores. 

Suggest and follow up the automations of liquidity management related reports; 

Prepare Asset- Liability Committee (ALCO) report; 

Handle other related duties as may be required  

Job Requirement  

Qualification BA in Accounting, Finance, Business Management, Economics, Business Administration or any other related fields.  

Experience 3 years of applicable Banking experience on Temenos T24.  

Place of Work Addis Ababa  

Position 2 Senior Cash Flow and Liquidity Management  

Purpose of the Job To

Ensure the bank has acceptable cash to fulfill its financial obligations by  assaying, managing and forecasting diurnal cash flows. 

General Functions 

Actively  share in developing, reviewing and  enforcing programs & procedures, plan/ budget of the division 

Provide services as per the service level agreement 

Contribute to the Bank’s profitability as per the target set; 

Provide the concerned organ with timely, applicable, accurate, and complete reports on the plan performance; 

Implement timely corrective action on deficiencies and issues that have been raised or reported by different internal and external nonsupervisory bodies.  

Specific Functions 

Analyze, develop and recommend effective strategies to improve cash flow practice and management of the bank; 

Compile and analyze  diurnal cash flow transaction data to properly oversee the liquidity position of the bank; 

Analyze financial data and  request trends to identify implicit risks and opportunities; 

Address liquidity risks by assessing the cash flow status associated with bank’s ability to meet its short- term financial obligations 

Set control mechanisms to ensure that total cash allocation does n't exceed approved budgets; 

Based on the liquidity position of the bank, recommend on investments, debt operation to ensure the  fiscal health of the bank; 

Propose and follow up the automation’s liquidity management related reports; 

Prepare Asset- Liability Committee( ALCO) report; 

Handle other related duties as may be required.  

Job Requirement  

Qualification BA in Accounting, Finance, Business Management, Economics, Business Administration/ or any other related fields.  

Experience 5 years of applicable Banking experience out of which 2 years as an Officer Experience on Temenos T24.  

Place of Work Addis Ababa  

   How to Apply  

Interested applicants fulfilling the below requirements are invited to apply within five (5) successive days from October 23, 2024 October 27, 2024 https://vacancy.amharabank.com.et/.  

Note 

Female applicants highly encouraged 

Only shortlisted candidates will be communicated 

Hard copy or physical applications wo n't be accepted 

The Bank has the right to cancel the post advertised 

Deadline: October 27, 2024