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Abay Bank

Abay Bank


Position: Manager – Investor Relations & Fund Management
Job Time: Full-Time
Job Type: Permanent
Place of Work: Addis Ababa, Ababa Abeba - Ethiopia
Posted date: 6 months ago
Deadline: Submition date is over

Job Summary: Manager-Investor Relations & Fund Management is responsible for monitoring the overall liquidity position of the bank and, authorizing the transfer of cash to/from issue, payment and settlement, reserve, and correspondent bank accounts. Follow up and propose cash-holding limits for all branches of the Bank and monitor the insurance coverage for cash-holding and cash-in-transit. Moreover, he/she reviews the accuracy of various reports to be submitted to NBE and/or the Management of the Bank. Initiate and follow up the opening of issue accounts of the Bank’s branches with other banks’ issue account holding branches. Authorize issue account transactions with NBE, and blocking of shares held as collateral or due to court cases. Follow up the proper recording of share transactions and timely capitalization and payment of dividends and dividend taxes. Review the transfer of shares, dividend calculations and allocation for correctness and compliance with relevant laws and procedures. Respond to shareholder claims and queries and provide appropriate information to shareholders and appropriate government organs.

Educational Level and Work Experience: MA/BA Degree in Accounting, Finance, Financial Management, Business Administration or related field with 6/8 years of banking professional experience of which 2 years should be in a supervisory position in Fund Management and Share Administration

Place of Work: Head Office

Salary: As per the Bank’s Scale

Application Deadline: November 24, 2023