Money Market Dealer

Are you a highly motivated professional looking for an opportunity to build your career in a fast-paced treasury environment? This position presents you with the opportunity to grow and develop an exciting career that will allow you to utilize your knowledge of the financial sector, banking services, capital markets and all key relevant stakeholders.

To be exceptional in this role, you’ve got to be highly driven with impeccable knowledge of the Treasury function as well as the financial sector. You are required to be passionate about delivering world class enviable service and providing the right solutions to customers. You should have a keen interest in financials, the Capital markets and banking services in general.

Reporting to the Head Money Markets, the Money Market Dealer will be responsible for managing the bank’s daily liquidity position, including balancing Nostro and central bank accounts, while ensuring optimal deployment of surplus funds and timely sourcing of funding. The role also focuses on optimizing funding costs, ensuring regulatory compliance, executing trades to generate returns, managing interest rate risk, and maintaining strong counterparty relationships.

The Role

Specifically, the successful jobholder will be required to:

• Manage daily liquidity positions, including balancing Nostro and central bank accounts.
• Invest surplus funds and source funding via overnight deals, repos, Treasury Bills, and bonds.
• Support funding requirements during liquidity shortfalls.
• Execute money market, fixed income, and repo transactions within approved limits to meet targets.
• Implement Treasury strategies across products and customer segments.
• Monitor market conditions and interest rate movements.
• Prepare treasury blotters, liquidity reports, and provide timely market updates.
• Maintain strong relationships with interbank counterparties to secure competitive rates.
• Keep internal stakeholders informed on prevailing market rates.
• Ensure compliance with central bank regulations, internal policies, AML requirements, and market conduct standards.
• Support Asset Liability Management (ALM) through funding mix optimization and interest rate risk management.
• Contribute to balance sheet optimization initiatives.

Skills, Competencies and Experience

The successful candidate will be required to have the following skills and competencies:

• A Bachelor’s degree in a business-related field with an ACI dealing certification.
• Treasury experience for a period of not less than 3 years.
• Market knowledge of local and international events that will impact the movements of currencies and interest rates.
• Strong analytical skills to understand various pronouncements by Central Bank and Government directives touching on the financial markets.
• Quick decision making and ability to work within a stressful environment with minimal supervision.
• Ability to interpret various sources of data and collate the same into presentations from an economic and financial viewpoint.
• Excellent communication skills both written and spoken and sound knowledge of macro-economic issues.

How to Apply

If you are confident that you fit the role and person profile and you are keen to add value to your career then please forward your application letter enclosing detailed Curriculum Vitae to jobs@co-opbank.co.ke indicating the job reference number MMD/FSD/2026 by 1st June 2026.

We are an equal opportunity employer.