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About the Organisation
Head of Treasury job at True North Consult Ltd | Apply Now
Uganda
True North Ltd is a leading consulting and talent solutions firm dedicated to helping businesses and individuals achieve their full potential through strategic human capital development, leadership training, and organizational transformation. Recognized for its expertise in executive search, talent management, and business advisory services, the company has built a strong reputation for delivering tailored solutions that drive growth and operational excellence.
True North Ltd fosters a dynamic and inclusive work culture, offering employees opportunities for continuous learning, career development, and a collaborative environment that values innovation and excellence. The company provides diverse job opportunities in consulting, recruitment, training, and business strategy, with flexible work arrangements that support productivity and work-life balance.
Since its inception, True North Ltd has evolved by leveraging industry insights, cutting-edge technology, and a deep understanding of market trends to develop innovative talent solutions that address workforce challenges. Its business model integrates data-driven recruitment, leadership coaching, and digital HR solutions to enhance talent acquisition, employee engagement, and business performance.
With a broad reach, the company serves clients across multiple industries, including finance, healthcare, technology, and manufacturing, supporting businesses in Uganda and beyond. Rooted in core values of integrity, excellence, collaboration, and impact, True North Ltd remains committed to fostering ethical business practices and sustainable talent development. Through Corporate Social Responsibility (CSR), the company actively supports youth employment programs, leadership mentorship, and community capacity-building initiatives to drive positive social change. For more information about services, partnerships, and career opportunities, visit [Company Website].
Are you looking for Bank jobs in Uganda 2025 today? then you might be interested in Head of Treasury job at True North Consult Ltd
Full Time
Deadline:
22 Sept 2025
Job Title
Head of Treasury job at True North Consult Ltd
True North Consult Ltd
Job Description
We are sourcing for suitably qualified professionals to fill the position of Head of Treasury to join our client, a tier-one commercial bank and one of the most recognizable brands in Uganda’s financial sector.
Job Title: Head of Treasury
Reports To: Executive Director / Chief Business Officer
Supervises:
Direct Reports:
Manager, Treasury Sales
Manager, Liquidity & Money Markets
Manager, ForexIndirect Reports: N/A
Key Interfaces
Internal Stakeholders:
Credit Team
Business Development Teams
Treasury Operations
Risk Management
External Stakeholders:
Bank of Uganda – Financial Markets
Local ACI Association of Treasurers
Interbank Counterparties and Market Participants
Job Purpose
The Head of Treasury is responsible for the strategic oversight and management of the Bank’s balance sheet, liquidity, and market risk exposures. This role ensures optimal asset and liability management (ALM), maximizes profitability through prudent investment decisions, and maintains full compliance with statutory and regulatory requirements. The position plays a pivotal role in supporting business growth and acts as a key advisor to senior management and the Board on treasury-related matters.
Duties, Roles and Responsibilities
Qualifications, Education and Competencies
See all details of the qualifications, competencies and education for this role under the "How to Apply" section below.
For details about the job Full Job description
How to apply:
Please fill in the application form on the link below : https://forms.office.com/r/seaA8DjgbF and proceed to share your CV and Academic Documents to exechire@truenorthafrica.com with subject line Head of Treasury by 22nd September 2025.
All applications shall be acknowledged as received but only shortlisted candidates will be contacted.
All applicants MUST fill in the online questionnaire and share their CV's and Cover Letters in PDF or MS Word STRICTLY.
For any inquiries on this career opportunity and the application process please e-mail s.ashaba@truenorthafrica.com.
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How to Apply
Regulatory Compliance & Risk Management
Ensure compliance with statutory requirements including Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR).
Maintain full adherence to the Financial Institutions Act and all applicable banking regulations.
Oversee the development and execution of risk mitigation strategies for liquidity, interest rate, and foreign exchange risks.
Identify and assess market risks and recommend appropriate risk management strategies to ALCO and executive management.
Strategic Treasury Management
Lead the formulation and execution of treasury strategies to support business growth and financial stability.
Provide strategic leadership to the Asset & Liability Management (ALM) function and serve as a key member of ALCO.
Monitor asset-liability mismatches and proactively manage exposures to interest rate, currency, and liquidity risks.
Develop and implement funding strategies to ensure sufficient liquidity for operational and strategic needs.
Liquidity & Investment Management
Oversee daily liquidity management to ensure the Bank meets its obligations efficiently.
Monitor and manage the Bank’s investment portfolio in line with risk appetite and return expectations.
Manage customer deposits and ensure optimal pricing strategies to support profitability and market competitiveness.
Advisory & Relationship Management
Provide expert recommendations to senior management and the Board on investment decisions, market conditions, and treasury exposures.
Maintain strong relationships with trading counterparties, regulatory authorities, and industry associations.
Support business units in structuring treasury solutions and building customer relationships to enhance value.
Governance & ALCO Participation
Drive effective decision-making in ALCO meetings through preparation and presentation of actionable insights and reports.
Ensure treasury practices align with the Bank’s internal policies, risk appetite, and strategic objectives.
Escalate any material breaches or exposures and lead implementation of corrective actions.
Financial Responsibility
Accountable for regulatory compliance to avoid any fines, penalties, or reputational risk related to treasury operations.
Ensure the Treasury function contributes positively to the Bank’s income and capital preservation.
Education & Certification
Bachelor’s degree in a business-related field such as Commerce, Finance, or Business Administration.
ACI Dealing Certificate is mandatory.
Master’s degree in Finance or a related field is a strong advantage.
Skills & Experience
Minimum of 4 years’ experience in Treasury operations or a related function within the banking sector.
Proven expertise in Asset & Liability Management (ALM), liquidity management, and treasury trading.
In-depth understanding of local and international financial markets.
Strong knowledge of banking and treasury products, including money markets, FX, and fixed income instruments.
Business development experience in a banking or treasury environment is an added advantage.
Core Competencies
High level of professional integrity and ethical conduct.
Strong leadership, organizational, and decision-making skills.
Excellent communication, interpersonal, and negotiation skills.
Exceptional analytical and problem-solving abilities.

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