Job Description
Position: Treasury Operations Specialist
Company: Ecobank Tanzania
Location: Geita, Tanzania
Experience: 3-5 years in treasury or cash management
Education: Bachelor’s degree in Finance, Accounting, or related field
Employment Type: Full-time
Industry: Banking & Financial Services
Department: Treasury
Salary: SSP 2,500,000 – SSP 3,500,000 per month
Vacancies:1
Company Overview
Ecobank Tanzania is a leading pan-African banking institution with a strong footprint across the continent. Established in Tanzania in 1996, Ecobank provides a comprehensive suite of retail, corporate, and investment banking services to individuals, SMEs, and large enterprises. The bank is renowned for its commitment to financial inclusion, innovative digital solutions, and robust risk management practices. Operating from a network of branches and digital platforms, Ecobank Tanzania supports the economic growth of regions like Geita, a hub for mining and agriculture, by delivering tailored financial products that empower businesses and communities. As part of its strategic expansion, Ecobank continues to attract top talent to drive excellence in treasury operations, ensuring optimal liquidity management and compliance with international standards. This role offers a unique opportunity to contribute to a dynamic organization that values professional development, diversity, and sustainable growth, making it a prime destination for ambitious finance professionals seeking career advancement in Tanzania.
Job Overview
The Treasury Operations Specialist will play a pivotal role in managing the bank’s daily cash flow, liquidity positioning, and short‑term funding activities. Reporting to the Treasury Manager, the specialist will oversee transaction processing, monitor cash balances across multiple accounts, and ensure accurate reconciliation of all treasury-related activities. This position is essential for maintaining the bank’s financial stability, supporting loan disbursements, and facilitating foreign exchange operations. The role demands a keen eye for detail, strong analytical capabilities, and a thorough understanding of regulatory requirements governing banking operations in Tanzania. By joining Ecobank Tanzania in Geiva, you will be at the forefront of delivering high‑quality treasury services that underpin the bank’s mission to provide reliable and innovative financial solutions across the region.
Key Responsibilities
- Execute daily cash positioning, fund transfers, and inter‑bank settlements to maintain optimal liquidity levels.
- Monitor and reconcile cash balances, ensuring accuracy across all treasury accounts and platforms.
- Prepare and analyze liquidity reports, cash forecasts, and variance explanations for senior management.
- Support foreign exchange transactions, including spot, forward, and swap contracts, while adhering to compliance standards.
- Coordinate with the Risk Management team to assess and mitigate treasury‑related risks.
- Maintain up‑to‑date documentation of treasury policies, procedures, and regulatory filings.
- Assist in the execution of short‑term funding strategies, such as repos and commercial paper issuance.
- Collaborate with the IT department to enhance treasury management systems and automate routine processes.
- Provide timely responses to internal and external audit inquiries related to treasury activities.
- Contribute to continuous improvement initiatives aimed at increasing operational efficiency and reducing processing errors.
Required Skills
- Strong knowledge of cash management, liquidity analysis, and treasury operations.
- Proficiency in treasury management systems (TMS) and advanced Excel functions.
- Excellent analytical and quantitative skills with a detail‑oriented mindset.
- Understanding of Tanzanian banking regulations and Basel III requirements.
- Effective communication skills for interaction with internal stakeholders and external partners.
- Ability to work under pressure and meet tight deadlines while maintaining accuracy.
- Team‑player attitude with a proactive approach to problem‑solving.
- High level of integrity and confidentiality in handling financial data.
Education
A minimum of a Bachelor’s degree in Finance, Accounting, Economics, or a related discipline is required. Professional certifications such as Certified Treasury Professional (CTP) or Chartered Financial Analyst (CFA) are advantageous but not mandatory.
Experience
Candidates should possess 3 to 5 years of hands‑on experience in treasury operations, cash management, or a similar financial role within a reputable banking or corporate environment. Experience with multi‑currency accounts and exposure to the Tanzanian financial market will be highly valued.
Salary
The compensation package ranges from SSP 2,500,000 to SSP 3,500,000 per month, commensurate with experience and qualifications. The package includes performance‑based bonuses, health insurance, and a pension scheme.
Benefits
- Comprehensive health and medical coverage.
- Retirement savings plan with employer contributions.
- Annual performance bonus linked to individual and bank targets.
- Paid annual leave and statutory holidays.
- Employee assistance program and wellness initiatives.
Training
- Onboarding program covering Ecobank’s treasury policies, systems, and compliance framework.
- Access to continuous professional development courses, including internal workshops and external certifications.
- Mentorship from senior treasury leaders to accelerate career growth.
Working Environment
Ecobank Tanzania offers a collaborative and inclusive workplace where innovation is encouraged. The Geiva office provides modern facilities, reliable internet connectivity, and a supportive team culture that values diversity and work‑life balance. Employees benefit from flexible working arrangements and a safe, secure environment that adheres to the highest health and safety standards.
Application Process
Interested candidates are invited to submit their application through our online portal. Please ensure your resume highlights relevant treasury experience and includes a cover letter outlining your motivation for applying. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for an interview. For more information about Ecobank Tanzania and to apply, visit https://tanzaniajobsearch.com/.
Equal Opportunity Statement
Ecobank Tanzania is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees, regardless of gender, race, religion, age, disability, or sexual orientation. All qualified applicants will receive consideration for employment without discrimination.