Manager, Treasury Unit BB



The Finance Department is responsible for the Bank's financial position through effective planning and management of the functions of financing, investing, general and cost accounting, budgeting, cash flow analysis, financial analysis, and reporting. The Department is also responsible for developing and administering financial policies and procedures and strengthening the Bank’s infrastructure and capability to mobilise resources to support its development agenda. The Department also has responsibility for corporate procurement and asset risk insurance.




The Manager, Treasury Unit (MTU) plays a pivotal role within the Finance Department at the Bank, overseeing critical functions related to treasury management, investment portfolio supervision, managing cash flow and capital adequacy. Reporting directly to the Deputy Director of Finance, the MTU provides expert guidance on major financial matters, ensuring sound decision-making aligned with the Bank's strategic objectives. This role requires strong analytical acumen, leadership capabilities to manage and develop the Treasury Unit staff, and effective communication skills to lead engagement with clients.





The job will require the Manager, Treasury to:

  1. Advise the Director, Finance and other members of the Department’s management as part of a mutually supportive management team, and the Bank’s Senior Management team, on major financial issues that arise and the likely financial consequences of proposed courses of action.
  2. Provide an effective treasury management service to the Bank in a multi-fund, multi-currency environment, including managing cash flow and investment activities.
  3. Supervise all investment transactions performed by the Investment Officer to ensure that the transactions are consistent with the Bank’s investment policy, guidelines and strategy.
  4. Monitor external asset managers and evaluate their performance concerning funds under management.
  5. Maintain relationships with bankers, investment managers, pension advisers and auditors.
  6. Demonstrate comprehensive knowledge of international financial developments and the impact of political and economic trends using research and liaising with senior finance staff in other institutions.  Understand the views of international economic commentators, investors, and finance officials in the governments of the larger economies.
  7. Assess and advise on relevant areas of risk, e.g.: counterparty; interest rate; asset and liability management risks; and determine appropriate policies and procedures within the Treasury Unit to manage these.
  8. Supervise the maintenance of accounting records relevant to the treasury and investment functions, the preparation of schedules and supporting documentation for the financial statements, and internal and external audits.
  9. Prepare recommendations for periodic OCR lending interest rate adjustments based on sound economic estimates and financial projections.
  10. Manage and administer resource mobilisation interventions such as capital market borrowings, capital subscriptions and contributions.
  11. Guide and collaborate on the structuring of new funding and financial instruments, including quasi-equity, structured notes and guarantees to support the lending capacity of the Bank and the execution of its resource mobilisation strategies.
  12. Manage daily operational issues related to finance and internal controls, meeting the objectives set for the department.
  13. Develop the Treasury Unit staff to their fullest potential through training, duty assignment and on-the-job coaching.




The successful candidate should have:

  • A master’s degree in finance, Business Administration, Economics, Accounting or a related field.
  • At least eight years of experience working in the fields of financial analysis and investment portfolio management, preferably acquired in an international organisation.
  • Substantive experience leading a team. 
  • Strong preference for candidates with CFA qualification or equivalent.



Function-specific Competencies


Candidates should have strong proficiency in:

  • Using analytical tools and mathematical processes to empirically analyse and evaluate data and information (quantitative analysis).
  • Investigating beyond numbers through research determining the reasonableness of information used for decision-making (qualitative analysis).
  • Understanding financial market dynamics, products and economics and their implications for financial and risk management.
  • Analysing treasury risks and applying appropriate controls and risk mitigation procedures.
  • Leveraging technology to increase productivity, analytical capability and value proposition of the treasury function.
  • Interacting at all organisational levels and working successfully in a multicultural environment.
  • Managing and motivating team members, setting clear goals and expectations, and providing guidance and direction when needed.







Acting as a Champion for Change

Actively identifies problems and opportunities for change and implements solutions where appropriate. Maintains effectiveness when experiencing major changes in work tasks or the work environment; and supports people in their efforts to try new things.


Acting Decisively

Moves quickly to make decisions and commits to a clear course of action; comfortable making decisions based on partial information; willing to take risks in order to maintain momentum; shows a strong bias toward action.


Acting Strategically

Aligns day-to-day activities around broader organisational goals and objectives; prioritises resources based on the strategic objectives of the organisation; recognises and rewards people based on how their actions support the broader needs of the organisation.


Championing Customer Needs

Calls attention to issues that impact customer satisfaction; views situations from the perspective of customers; encourages people to think about customers when making decisions and develops and sustains productive customer relationships.


Communicating Effectively

Consistently communicates with clarity and thoroughness to optimise audience understanding. Communicates information in a clear, concise, and timely manner. Demonstrates effective speaking and presentation skills.


Delivering High Quality Work

Critically reviews work processes to ensure quality; addresses problems that could impact quality; makes sure project deliverables and services meet all requirements and expectations; does not make the same mistakes twice.


Displaying Technical Expertise

Keeps his/her technical skills current; effectively applies specialised knowledge and skills to perform work tasks; understands and masters the technical skills, knowledge, and tasks associated with his/her job; shares technical expertise with others.


Driving for Results

Bottom-line oriented and pushes self and others to achieve results. Keeps current on project status; makes sure people are aware of project status and what they need to do to keep things moving; redirects project resources and activities to overcome setbacks; elevates project concerns to senior levels of leadership when appropriate.





This is a full-time position with the successful candidate being contracted on a two-year basis in the first instance, with the possibility of renewal.  The salary is competitive and commensurate with qualifications and experience.  A pension plan, life and medical insurances are included in the benefits package.


Before you proceed to apply, please consider the following requirements: 

  • You must be a national of one of CDB’s member countries.

  • You will be required to produce evidence of any educational and professional qualifications to support your application if you are selected for an interview.

  • All appointments are subject to satisfactory background checks and references.


CDB fully respects the need for confidentiality of the information supplied and assures you that we will not discuss your background and interest with anyone, including references, without your prior consent.


The deadline for submission of applications is June 16, 2024 at 11:59 pm AST. 

Caribbean Development Bank
Employment Type
Salary and benefits
A pension plan, life and medical insurances are included in the benefits package.
Salary negotiable
Your Career Level
Mid Career
Years Experience
At least Eight (8) years'
Your Education Level
Master's Degree|in Finance
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