With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
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Job Summary
The Treasury Operations Officer is responsible for safeguarding Absa Uganda’s balance sheet integrity and upholding its market credibility through the accurate, timely, and controlled settlement of Treasury transactions. Operating within the Treasury back office, the role ensures the efficient execution of money market, fixed income, foreign exchange (FX), and investment transactions, while maintaining strict adherence to internal controls, regulatory requirements, and established market standards.Job Description
Business/ Operational Management – 50%
Transaction Processing & Authorisation
Accurately capture, approve, and authorize Treasury transactions across designated systems in line with assigned approval limits and delegated authorities.
Monitor transactions across online channels and Front Arena (FA) workflows to ensure processing within agreed SLAs.
Settle Treasury trades in Front Arena, ensuring completeness, accuracy, and timeliness.
Deal Validation & Rate Assurance
Independently verify deal details, including amounts, currencies, counterparties, and accounts, as initiated by customers or front-office inputters.
Validate exchange rate conversions against source documentation and approved rate sheets.
Reconfirm rates with the Markets team and Front Office via formal channels (email and recorded calls), ensuring audit and control integrity.
Complete trade alignment to confirm deal integrity across front-, middle-, and back-office systems.
Rates Management & Distribution
Generate and distribute mid rates, customer rates, branch rates, TV rates, closing rates, and weekend rates to relevant stakeholders in a timely and controlled manner.
Upload approved rates to branch screens and coordinate with IT to ensure accurate system reflection.
Share and upload Treasury Bill rates following each auction and advise Sparrow rates in collaboration with IT.
Authorize and confirm rates in BAPS for online-initiated transactions.
Liquidity & Nostro Management
Monitor and advise Nostro account balances to key stakeholders to support effective liquidity management and funding decisions.
Reconcile margin calls and proactively engage relevant parties to ensure timely settlement.
Securities & Customer Onboarding
Open and maintain CSD accounts within the CSD system.
Onboard customers as counterparties in Front Arena, ensuring completeness of KYC and contractual documentation.
Apply SDS IDs and ensure proper document indexing through the activity tracker.
settlement, Reconciliations & Financial Controls
Generate GEFU instructions for coupon payments, maturities, and withholding tax (WHT) reversals.
Perform monthly brokerage reconciliations and liaise with Finance to effect timely payments to service providers.
Manually post applicable taxes following fixed deposit settlements where system automation is not available.
Upload End-of-Day (EOD) files into FCR to support accurate financial reporting and reconciliations.
Governance, Audit & Control Assurance
Conduct voice logger checks and share findings with Front Office and Middle Office to support market conduct and regulatory compliance.
Sign and manage long-term dealing mandates, confirmations, and client agreements in line with approved authority.
Ensure all activities are executed in compliance with internal policies, regulatory requirements, and audit standards, with zero tolerance for control breaches.
Customer – 20%
Immediate logging of system issues affecting the customers and ensuring that they are followed up to resolution. Logging issues should be evidenced by an incident Number from Technology and a reference from customer service team.
Go an extra mile by ensuring that Trade deals are BO confirmed within 30mins of receipt of instruction and resolving any issues that would cause any delays timely.
Support customers complete Treasury bills and bonds applications
Attend to walk in Treasury bills and bonds customers.
Receive treasury bills and bonds applications from Branches.
Seek and follow up on Treasury approval for all client applications received.
Contact customers to advise them of processed instruments/documents/advice.
Resolve any client queries on the treasury back-office Operations mailing group
Controls – 20%
Maintain operational efficiency and controls within the customer support area as per Operational Procedures Guidelines
Perform CPA checks as assigned by the manager.
Generate daily MI to identify any performance gaps.
Ensure timely review of reconciliation MI, resolution and ownership of any issues arising during processing of Payments as well as timely resolution of any exceptions logged.
Maintain a strong control environment through adherence to process manuals, the performance of snap checks and timely reporting of potential or actual risk events.
Ensure prompt response to both internal and external audit and operational risk queries.
Understand and follow existing process manuals and Payments Best Practices Standards
Innovation and Change (10%)
Provide ways and means of challenging the way we have always done our things. Challenge the status quo. Support an empowering climate within the team. Share knowledge, experience, best practice, and provision of constructive feedback as required and when necessary.
Support and adopt the implementation of change initiatives In Trade back office.
Provide suggestions to the line manager on improvements and solutions based on knowledge of the Trade value chain.
Provide support to the Team Leader ensuring effective teamwork across the Treasury Operations
Set own personal development goal objectives and completed all required actions to achieve banks Objectives.
Continuously look for opportunities to further develop own skills and expand knowledge base in trade finance.
Risk, Governance and Regulatory
Ensure that all activities and duties are conducted in full compliance with regulatory requirements, Treasury Operations Manual, Enterprise-Wide Risk Management Framework and internal Absa Policies and Policy Standards. Understand and manage risks and risk events (incidents) relevant to the role
Preferred Education
Bachelor’s degree in a business related course
Preferred Experience
3years’ experience in Treasury Operations or related field
Proven record in delivering results against set targets.
A proven record of delivering world class service in a cost-effective manner.
Education
National Diplomas and Advanced Certificates: Financial Sciences (Required)Skills Required
- National Diplomas and Advanced Certificates: Financial Sciences
- Bachelor's degree in a business related course
- 3 years' experience in Treasury Operations or related field
- Experience using Front Arena and treasury back-office systems (BAPS, FCR, GEFU, CSD) and activity tracking/voice logging tools
Absa Group Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Absa Group and has not been reviewed or approved by Absa Group.
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Healthcare Strength — Medical aid, group life, disability, and funeral cover are described as comprehensive, with features such as terminal‑illness advances and beneficiary grocery benefits. Wellness and assistance offerings support overall financial and personal wellbeing.
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Retirement Support — A pension fund and group retirement arrangements are positioned as core benefits within fixed remuneration. Retirement coverage is embedded alongside other protections as part of standard employment.
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Equity Value & Accessibility — Employee share‑ownership (eKhaya) and equity‑linked awards broaden wealth‑sharing, with dividends or cash‑equivalent participation in some markets. This provides longer‑term value beyond base pay.
Absa Group Insights
What We Do
Absa Group Limited (Absa) has forged a new way of getting things done, driven by bravery and passion, with the readiness to realise growth on the African continent and beyond. We’re a truly African brand, inspired by the people we serve in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania, Uganda, and Zambia. We also have representative offices in China, Namibia, Nigeria and the United States, as well as securities entities in the United Kingdom and the United States, along with technology support colleagues in the Czech Republic.
