The BANK OF AFRICA (BOA) Group is recruiting for these 2 positions (June 18, 2024)

The BANK OF AFRICA Group is established in 17 countries, including 8 in West Africa (Benin, Burkina Faso, Ivory Coast, Ghana, Mali, Niger, Togo and Senegal), 7 in East Africa and the Indian Ocean (Burundi, Ethiopia, Djibouti, Kenya, Madagascar, Tanzania and Uganda), in the Democratic Republic of Congo, as well as in France, through a network of 15 commercial banks, 1 financial company, 1 bank of habitat, 1 stockbroking company, 2 investment companies, 1 asset management company and 1 Group representative office in Paris.

POSITION 1: INTERNATIONAL OPERATIONS OFFICER

ASSIGNMENT :

• Process transfers received, transfers and calls for funds
• Execute remittance and documentary credit operations
• Apply and enforce the conditions, rules and laws governing the processing of international transactions
• Follow-up of corresponding account reconciliation

ACTIVITIES :

PROCESSING RECEIVED TRANSFERS, TRANSFERS AND CALLS FOR FUNDS

• Receive and control customer transfer orders: compliance between the accompanying slip and the documents
• Verify signatures and collect the authorizations necessary for the execution of transfer orders
• Process transfer orders issued, transfers received
• Enter the operations under IGOR
• Validate the transactions entered and follow the outcome
• Process intra-group fundraising calls issued or received
• Pay correspondent fees
• Classify reviews and archive the file
• Production of various daily, weekly and monthly reports

EXECUTION OF REMITTANCE AND DOCUMENTARY CREDIT OPERATIONS

• Process documentary remittance and documentary credit operations: reception, recording, entry into portfolio
• Check the conformity of the documents received
• Enter the operations under IGOR and have the entered operations validated
• Write and sign the documents to be given to the client
• Create any provisions for sight files
• Classify reviews and archive the file
• Monitor the payment of deadlines and the outcome
• Production of various daily, weekly and monthly reports

MANAGEMENT OF TRADING AND FREE DELIVERY OPERATIONS

• Design, validate and distribute the daily currency rate table
• Carry out currency purchase and sale operations
• Process foreign checks submitted for collection and transfer orders in foreign currencies
• Monitor relations with BOA banking correspondents
• Drafting and processing of exchange authorizations
• Set up and feed activity reporting statements

APPLICATION OF PROCEDURES AND QUALITY

• Ensure compliance with deadlines and the quality of processing of customer transactions
• Examine complaints and anomalies, search for possible causes of the malfunction, and define corrective actions in collaboration with management
• Ensure compliance with operational procedures
• Ensure compliance with exchange regulations and operational procedures
• Provide better support to the sales team in their areas of expertise

APPLY INFORMATION SECURITY AND BUSINESS CONTINUITY GUIDELINES, POLICIES AND PROCEDURES.

PROFILE :

• Bac+4/5 in International Commerce, Accounting, Commercial Management, Banking and Finance
• Two (2) to three (3) years of experience in a similar function or as many years of experience in the field of International Operations
• Mastery of banking regulations
• Mastery of banking circuits, procedures and techniques related to foreign operations
• Mastery of analysis and technical advice
• Good command of office software and banking information systems
• Good level of English and if possible, knowledge of other foreign languages
• Communication and negotiation skills, commercial sense
• Ability to listen, analyze and synthesize
• Dynamism, initiative and autonomy
• Sense of profitability and professional ethics

APPLY HERE

POSITION 2: TREASURY SALES OFFICER

ASSIGNMENT :

• Develop the foreign exchange activity so as to achieve budgeted foreign exchange results
• Collaborate in prospecting and customer loyalty
• Manage the bank’s relationship with external counterparties
• Sell ​​treasury products to customers

ACTIVITIES :

• Organize and formalize the foreign exchange market service
• Carry out spot, forward and Swap exchange transactions in currencies and XOF
• Carry out foreign exchange transactions for “Corporate- Retail- Financial Institutions” clients, determine and negotiate the exchange rates applicable to their transactions
• Mobilize foreign currency resources for the bank to meet needs and honor commitments within the required deadlines
• Propose, plan and coordinate the currency supplies to the cash registers (in cash)
• Work closely with the operations department to cover outgoing transfers, documentary credits, foreign currency security deposits
• Contribute to the determination of the target clientele and the implementation of a customer loyalty plan and the acquisition of prospects
• Determine and establish exchange rates and ensure their communication within the bank as well as to customers
• Establish, manage and monitor the FX Blotter and collaborate in the justification of results and currency positions
• Collaborate in the justification of currency account balances and pending transactions (bank reconciliations)
• Formalize and distribute the foreign exchange market information journal to customers
• Implement a coherent and aggressive visit plan (prospects and existing customers)
• Monitor day-to-day FX results against budget and take necessary action to cover any variances
• Ensuring that the bank’s customers are served efficiently: regular telephone contact, rapid quotation of transactions, good command of information on the foreign exchange market, etc.
• Ensure that all Treasury products are sold to the bank’s clients (Fixed Income and Change).

PROFILE :

• Hold a BAC+5 level diploma in Banking, Finance, Business Management, etc.
• Proof of professional experience of 2 to 3 years, minimum, in treasury and foreign exchange market
• Be comfortable handling foreign exchange transactions
• Have a good command of French and English
• Have good interpersonal and communication skills
• Be responsive, rigorous, organized and available
• Know how to work in a team and under pressure

APPLY HERE

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