Abay Bank S.C is located in Addis Ababa, Ethiopia and is part of the Depository Credit Intermediation Industry. Abay Bank S.C has 2,000 employees at this location and generates $37.97 million in sales (USD). (Employees figure is estimated).

Job Summary

Manager-Investor Relations & Fund Management is responsible to monitor the overall liquidity position of the bank and, authorize the transfer of cash to/from issue, payment and settlement, reserve, and correspondent bank accounts. Follow-up and propose cash holding limits for all branches of the Bank and monitor the insurance coverage for cash-holding and cash-in-transit. Moreover he/she review the accuracy of various reports to be submitted to NBE and/or Management of the Bank. Initiate and follow up the opening of issue accounts of the Bank’s branches with other banks’ issue account holding branches. Authorize issue account transactions with NBE, and blocking of shares held as collateral or due to court cases. Follow up the proper recording of share transactions and timely capitalization and payment of dividend and dividend taxes. Review the transfer of share, dividend calculations and allocation for correctness and compliance with relevant laws and procedures. Respond to shareholder claims and queries and provide appropriate information to shareholders and appropriate government organs.

Job Requirement

Educational Level and work Experience: MA/BA Degree in Accounting, Finance, Financial Management, Business Administration or related field with 6/8 years of banking professional experience of which 2 years should be at a supervisory position in Fund Management and Share Administration.

Place of Work: Head Office