Applications are invited from suitably qualified Lesotho Nationals to fill the following positions: Senior Accountant, Payments and Settlements Section in the Treasury Operations Division and Senior Dealer, Foreign Operations in the Dealing & Strategy Division of the Financial Markets Department.

1.       Senior Accountant

Reporting directly to the Head, Treasury Operations, the incumbent will carry out the following duties and responsibilities:

-     Verify and authorise SWIFT payments, confirmations and settlement of deals.

-     Ensure that SWIFT Bilateral keys are in place between the Bank and its correspondents

-     Supervise and ensure that Forex, Money, and Capital Market Deals are matched and registered sequentially.

-     Supervise and ensure payments are made on time for the disinvested and maturing Treasury bills.

-     Maintenance and safe keeping of foreign currency for official trips.

-     Checking of per diem allowances and cash and traveller’s cheques encashed by staff members.

-     Preparation of sectional quarterly progress reports, monthly sectional budget variance analysis and the annual budget.

-     Supervise all Payments and Settlements sectional operations, ensuring that all operations are in compliance with set procedures.

-     Participate in divisional and departmental meetings.

Qualifications

BBA/BA Accounting/B.Com/General Accountant plus five (5) years relevant experience in accounting and payment systems.

Other Requirements

-     Knowledge and  use of Microsoft Office, specifically Excel

Personal Attributes

-     Good interpersonal skills and the ability to work under pressure.

-     Preparedness to work beyond normal hours and weekends.

2.       Senior Dealer

Reporting directly to the Head, Dealing and Strategy, the incumbent will carry out the following duties and responsibilities:

-     Checking that all foreign exchange money and capital market deals are carried out in terms of approved guidelines and within the Dealers’ Code of Conduct.

-     Preparing weekly/monthly/quarterly market recaps focussing mainly on foreign exchange markets.

-     Evaluating the daily portfolio positions against the set benchmarks and recommending an investment plan in terms of the quarterly strategy.

-     Checking input of interest and exchange rates on Midas.

-     Preparing annual work plan for Section

-     Preparing sectional progress reports.

-     Preparing the annual budget and monthly variance analysis reports.

-     Supervising the work of the Section.

-     Carrying out performance appraisal for Dealer in order to coach accordingly, and/or recommend remedial as well as appropriate recognition of individual performance.

-     Participate in divisional and departmental meetings.

Qualifications

Minimum requisite qualification of BA Economics/Financial Markets plus five (5) years relevant experience in economics or financial markets. A Masters degree in Economics or Financial markets will be an added advantage.

Other Requirements

-     Demonstrated knowledge on the use of Microsoft Office, specifically Excel

Personal Attributes

-     Good analytical and interpersonal skills

-     The ability to work under pressure.

-     Preparedness to work beyond normal hours