Applications are invited from suitably qualified Lesotho Nationals to fill the position of Senior Dealer - Foreign Operations in the Dealing & Strategy Division of the Financial Markets Department.

Duties and Responsibilities

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

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

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

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

-          Check input of interest and exchange rates on Midas.

-          Prepare annual work plan for Section

-          Prepare sectional progress reports.

-          Prepare the annual budget and monthly variance analysis reports.

-          Supervise the work of the Section.

-          Carry 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.

Minimum Qualifications

Candidates must have 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

Applicants must have a 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

Letters of application, comprehensive Curriculum Vitae, certified copies of certificates and transcripts and letters from two referees (To Whom It May Concern will not be considered) must be sent or delivered to:

Senior Manager, Recruitment and Training

Central Bank of Lesotho

Cnr Moshoeshoe & Airport Roads

P.O. Box 1184

Maseru 100

Closing date: Friday 15 August 2008

Only short-listed candidates will be contacted.