Michael Nderitu Email & Phone Number

Nairobi County, Kenya

AZA’s hybrid infrastructure empowers companies to use African currencies with less risk, cost, and friction than ever before. By acting as a market maker in 10+ African currencies, we enable SMEs to grow past their borders and opens up previously underserved trade markets. With a number of pay-in and payout channels like bank accounts and mobile wallets, AZA ensures quick transactions and seamless user experience. Always on the frontier, we have been obsessed with making it easier to do business in difficult markets by focusing on efficiency, optimization, and integrating cutting-edge technology that truly makes an impact on the bottom line of growing companies. We’re an organization that is solving a continent-wide challenge, using unique financial and technological tools.

BitPesa is an online payment platform that leverages Blockchain settlement to significantly lower the cost and increase the speed of business payments to, from and within sub-Saharan Africa. BitPesa's clients range from African businesses and multinational companies paying suppliers as far as China and Dubai to international remittance companies using our API services for white-label payments to dozens of bank networks and mobile money operators across Nigeria, Kenya, Uganda, Tanzania, Senegal, and the DRC.• Manage liquidity across dozens of accounts in over 10 currencies• Project cash flows and provide analysis of cash movements• Make a market in several currency pairs• Monitor competitor pricing• Work with sales team to maximize price effectiveness to capture volume vs. profitability• Analyze the volume and timing of currency being sold versus bought in each country• Monitor the bank rates and black market rates• Manage relationships with key trading partners (e.g. partners for Nigeria to China, US and Dubaicorridors)• Daily/weekly/monthly review of profitability across all countries• Submit weekly/monthly volume and profit reports and projections• Generate volume and profit projections for strategic plans per request from Executive Team• Offer training to Sales and other staff to improve technical FX knowledge across team

Nairobi, Nairobi, Ke

Develop and formulate Treasury strategy and implement it towards meeting theorganization goals. Management and Training of the treasury team to enhance better understanding of thetreasury functionality in a bank. Talent management, through coaching and mentoring, hence ensuring we have the rightteam to enable us achieve and surpass our targets. Manage treasury team by understanding every staff ‘strength, weakness, opportunityand threats to make them better in their roles. Outlining the treasury department structure and allocating all treasury roles/Functionsas per staff competency, ability and experience. Asset and liability management, managing investments, risk management anddeveloping all treasury policies to mitigate the bank of any inherent risks and outliningthe investment portfolio. Ensure compliance with the FX, Money market and fixed income risk limit frameworks. Inform the ALCO, MD and Head of risk & compliance of any changes in strategy orproduct mix that may necessitate a change in the FX, Money market and fixed incomerisk limit framework. Establish and formally review FX, Money market and fixed income risk limit frameworksin conjunction with the businesses and ensure they take into account all the specific riskfactors that each different business / risk taking unit is exposed to ensure ongoingapplicability of the risk limit framework. Manage and maintain limit database Receive notification of all unauthorized breaches oflimits by the dealers. Maintaining sufficient liquidity in both local and major foreign currencies to meetcurrent and future financial obligations. Maximizing returns by obtaining the best market rate of return subject to acceptablerisk parameters that ensures capital protection. Diversifying investments among asset classes to ensure safety of capital and growth inshareholder value thereby preserving the real value of its assets over the long term

Ke

Promoting, controlling and co-ordinating the Bank’s Treasury business to maximizeprofitability and to improve/maintain Equatorial’s image as a proficient operator in theMarket. Product development to hedge against exposure created by customer transactions e.g.spot, forward and swaps. To maintain close interaction with market players and gather market intelligence onfinancial markets, which aids in tracking exchange and interest rate movements in localand international markets while managing the bank’s position in accordance with themarket. To maintain foreign exchange positions for the bank within the given parameters andensure profitable covering of open merchant positions in the interbank markets. Liaise with Reuters and other service providers to ensure smooth operation of dealingresources. Preparation and circulation of daily and weekly treasury bulletins and dissemination ofany other market information or research material that is beneficial to relevant parties. Manage the retail and corporate sales desk by ensuring that adequate spreads areapplied and good relationships are maintained with customers. To increase the Bank’s share of forex business by retaining existing clientele and growingthe portfolio through new clients in order to attain financial targets set for the treasurydepartment. Co-ordinating branch network visits to build staff product awareness on forex business.

Nairobi, Kenya, Ke

To increase the Bank’s share of forex business by retaining existing clientele andgrowing the portfolio through new clients in order to attain financial targets set for thetreasury department. Identify, target and market to new customers with an aim of growing the bank’sportfolio. Market the various treasury products and provide innovative solutions to existing andpotential customers to increase the wallet share. Manage the retail sales desk by ensuring that adequate spreads are applied and goodrelationships are maintained with customers. Ensuring the forex transactions are appropriately processed and completed. Money Market Dealing, liquidity and Cash flow Management. Deposit mobilization and pricing of wholesale deposits.

Nairobi, Ke

Equities trading activities: Uploading client orders from the Brokerage account to theAutomated Trading System for execution. Analyzing the market during trading hours and giving out advice to corporate clientswhich aids them to make informed decisions. Service delivery by establishing and managing client portfolio consisting of High-NetWorth,Corporate and Institutional clients and ensure maximum returns from theportfolio. Source for incremental business, and convert Institutional, Corporate and High NetWorth clients from the pipeline to increase wallet size of existing portfolio byunderstanding their needs and requirements and recommending appropriate measures. Business development by Sourcing for incremental business, and convert Institutional,Corporate and High Net Worth clients from the pipeline to increase wallet size ofexisting portfolio by understanding their needs and requirements and recommendingappropriate measures.

Nairobi, Ke

Assisting the Customer Service Manager in the day to day running of the department. Following up and solving any escalated customer service issues and allocation of dutiesto the customer service representatives. Giving personalized investment advice to existing and prospective clients andmaintaining fair dealing and management of client’s portfolios. Handling and executing all CDS related issues including opening new accounts.