Kwesi Ocran

The Head of Treasury Department is responsible for the full oversight of three key units (Asset & Liability / Liquidity Management Unit, Trading Unit and CFA Business Unit) under Treasury of the Bank. The Treasury Department is the heart beat or the engine of the bank and any mismanagement will expose the bank to risks which at the long run can collapse the bank.

• Asset and Liability / Liquidity Management Unit

The unit is responsible for

· Preparation of Asset & Liability Committee (ALCO) reports.

· Liquidity forecasting on medium to long term basis.

· Advising ALCO on interest rate and liquidity management.

· Prepares reports for cost of funds review of the bank.

· Pricing of customer liabilities.

· Engage in interest rate arbitraging.

· Ensures adequate cash for branch operations without idle funds.

· Ensures compliance with cash reserve requirements.

· Monitors overall liquidity position and ensure that stable excess liquidity is well invested in an investment product.

· Placement or borrowing of funds from the interbank market.

· Balancing daily position with the Central Bank.

• Trading Unit

The unit is responsible for

· Manage open FX positions to ensure regulatory compliance

· Engage in currency trading

· Ensure position-taking risks are well managed and loss trigger level limits are well observed. This should be done with the approval of the Managing Director (MD)

· Execute Spot, Swaps and Forwards

· Dealings with offshore counterparties

· Follow developments on international markets

· Managing the Bank’s HTM Books

· Bonds Trading and Broker Switching

· Purchase of Government Securities (T-Bills, Notes, OMO Bills, Bonds )

· Rediscount of T-Bills and Bonds

• CFA Business Unit

· Coordinate the activities of the CFA business.

· Selling of CFA product.

· Assist SBUs/Branches to manage customers who export to the UMOA region.

• Manage open FX positions to ensure regulatory compliance.
• Engage in currency trading.
• Ensure position-taking risks are well managed and loss trigger level limits are well observed.
• Execute Spot, Swaps and Forwards.
• Dealings with both onshore and offshore counterparties.
• Follow developments on international markets.
• Setting of FX rate on behalf of the bank.
• Taking advantage of arbitrage opportunities on the market.
• Price discovery.

• Setting of FX rate on behalf of the bank.
• Trading FX with counterparties both on the domestic and international market.
• Interbank placements and takings both on the domestic and international market.
• Monitoring and maintaining FX liquidity positions of the bank.
• Taking advantage of arbitrage opportunities on the market.
• Price discovery.
• Selling of the bank's FX products ( Spot, FX Forwards & Swaps).

• Liquidity forecasting on medium to long term basis.
• Engage in interest rate arbitraging.
• Ensures adequate cash for branch operations without idle funds.
• Ensures compliance with cash reserve requirements.
• Monitors overall liquidity position and ensure that stable excess liquidity is well invested in an investment product.
• Placement or borrowing of funds from the interbank market.
• Balancing daily position with the Central Bank

Preparation of the following regulatory reports

• Net Open Position (NOP)
• BSD 1
• Exchange Rate
• BOG FX Returns
• Outstanding Import Transaction
• FX Utilization Report
• Unmet FX Return
• Return on Inflows and Outflows
• Return on Forward Currency Transactions
• Return on FX Sale to Bureau
• Return on Swap Transactions
• Return on Vostro accounts

2. Any other responsibilities assigned to me by the Treasurer.

• Assisting the staff of the Treasury Department.
• Any other responsibilities assigned to me by the Treasurer

• Prepared memo for the purchase of stationery for the bank.
• Managed the banks stationary store.
• Issue stationery to departments and branches upon request.
• Organize stock count every month.
• Ensured that every item issued out from the stores is recorded.
• Ensure that there are enough stationery in the stores at all times

• Editing and Coding of questionnaires.
• Analyzing numerical Data.
• Drafting of Questionnaires