Summary
Overview
Work History
Education
Skills
Accomplishments
Key Qualifications
Ongoing Education
Salary
Personal Information
Contacts
References
Extracurricular Activities
running, hiking
Timeline
Generic

Daniel Yegon

Nairobi

Summary

Currently employed as Treasury Money market and Sales Dealer at Moriental bank Limited. Over 15 years’ experience of diverse experience in the Finance Industry (Forex Trading, Bond Trading, Share trading, immobilization of shares). Ongoing Master of Science in Entrepreneurship at JKUAT.

Overview

19
19
years of professional experience

Work History

Head of Dealing

African Banking Corporation (ABC)
01.2008
  • Responsible for overall trading on all securities, execution of trades, and settlement of trades
  • Managing fund allocated to the subsidiary by the bank
  • Head of Investment Committee that decides and advises client where to invest their funds
  • Liaison with fund managers on their allocation of their portfolio and timely execution of their trades
  • Managing client fund on a day to day basis
  • Drive, motivate and supervise the trading staff
  • Liaising with brokers, custodians, CMA and NSE.

Head of Custodian

ABC Capital
01.2007
  • Liaison between the Central Depository & settlement Corporation and ABC Bank on: Licensing, getting the CMA license as a Custodian Bank and the subsequent inclusion of ABC Bank as an Authorized CDA Agent by CDSC
  • Getting the CDA link between CDSC and ABC Bank working
  • Approval of password and control on the CDSC system use
  • Training of ABC staff in all the 7 branches on CDSC usage and processing of Safaricom application forms
  • Facilitating the trading of Shares between ABC Bank and Faida Investment Bank who are our agent
  • Facilitating the control and management of our Stanbic Account during Trading and settlement of trades executed
  • Placing advertisement on behalf of the Department especially during this time for Safaricom I.P.O
  • Ensure up to date clients records and most importantly relevant information and where necessary follow up of clients to update bank records and acquire specific information on clients such as business performance, market information and general business data
  • Initiate client visits both for existing clients and for potential clients to explore the possibility of business development as well as maintain cordial relationship
  • Daily administration of all corporate clients’ facilities under my docket including Staff schemes under Custodial Department
  • This consists resolving any client queries and problems and consistent review of the status of the financing and also ensuring credit limits are adhered to, follow-up of overdue accounts and all general queries arising on any given account
  • A member of the Custodian finance Products Development Section that ensures effective cross selling of banks products, consistent evaluation of asset finance products and develop strategies to make the Bank stays ahead of the competition
  • A member of ABC Bank Management Committee that develop the policy, procedures and guidelines to be followed during the Safaricom I.PO
  • Daily monitoring the guidelines used in the Safaricom I.PO are followed and adhered to; this involves monitoring the activities of all staff that are assisting clients in the processing of application forms
  • Making sure that the final Accounts opened for the purpose of Safaricom I.PO reconcile and submitting the final figure with the application forms
  • Filling question I on a daily basis from clients as well as staff on all aspect concerning share trading as well as issues pertaining to the Safaricom I.PO.

Treasury Money market and Sales Dealer

Moriental Bank Limited
01.2018 - Current
  • Preparing Daily Forex rates for the disseminating to clients and Branches
  • Driving segmented Sales and Provide Custom Made solutions to specific clients and sectors
  • Identifying, and marketing to new and existing customers with the aim of growing the Bank’s portfolio and meeting customers’ needs
  • Actively managing individual call sheets, consistently updating/ reviewing the same regularly with a view to maximize returns and conversion of customers to long term relationships
  • Efficiently and effectively serve clients by prompt pricing, quality input on market trends and regular and proactive contact
  • Developing and maintaining client’s calls and visiting schedules and following up on action points
  • Prepare and share business performance reports for existing relationships with a view to advice on achievement of objectives and monitor completeness of revenue collection
  • Prepare and share Informative and objective Market Briefs to customers
  • Ensuring compliance to internal and statutory requirements
  • Supporting consumer promotions for Treasury related products for Businesses units supported
  • Participating and providing support on the competitive analysis on tariffs for the Bank’s forex products for the Business units supported
  • Following up on client visits to monitor and close leads generate from marketing events
  • Keeping customers informed on what is happening in the market and concluding deals with them within the limits approved.

Forex and Money Market Dealer

Imperial Commercial Bank Limited
08.2010 - 12.2017
  • Generating revenue and business from client
  • Finding the current Bond Trading rates on all the major government listed bonds on a Daily basis
  • Advising staff on matters pertaining to FX operations and best practice
  • Process and release all deal tickets relating to FX
  • Calling and advising clients on a daily basis on the market trends and in process generate revenue
  • Prepare and circulate Daily Market Report and the Days Forex trading rates
  • Manage risks related to Foreign Exchange, interest Rates and Liquidity
  • Prepare daily, weekly and monthly trade reports
  • Assisting clients in sending TT and sending by email their confirmations
  • Application for primary Government Bonds and also private held bonds
  • Initiate strategies to raise funds from international and domestic capital markets
  • Organizing and planning both prospective and courtesy calls in a wide attempt to manage relationships
  • Prepare investment and capital replenishment proposals in respect to Imperial Bank
  • Manage cash and investments to maximize income and minimize costs in line with Bank Treasury policy
  • Initiate and develop new financial products to grow treasury income
  • This involves ensuring that working capital and cash resources are managed in a manner to optimize the returns whilst ensuring that funding is available to meet the operating and business requirements of the bank
  • Manage IBL’s investment portfolio and ensure that its liquidity requirements are met at all times
  • Propose ways of optimizing cash usage in the Bank
  • Ensuring Money and forex report is distributed to all clients and staff
  • Manage and hedge the risks arising from foreign currency flow transaction
  • Ascertain that the bank is receiving accurate foreign exchange rates for its currencies
  • Ensuring compliance to internal and statutory requirements in regards to Forex
  • Analyze Bank fees and adopt controls to minimize cash losses through Bank charges
  • Cultivate and maintain working relationships with banks and counterparties to ensure proactive and comprehensive coverage across various markets and products
  • Ensuring clients have multiple products across the business
  • Review and recommend best practices for the management of the Bank’s policies on liquidity, develop strategies for income management, currency management practices and loan pricing
  • Prepare daily and weekly management reports on liquidity and rate outlook
  • Inform and provide recommendations to the Treasurer of significant developments, emerging opportunities and challenges in areas of responsibility
  • Drive sales in various banks products.

Senior Officer

CFC Financial Services
08.2005 - 12.2007
  • Overseeing the functions of the CDSC department within the CFCSF
  • Assisting clients with issues to deal with lost certificates, misplaced dividend cheques and deceased cases in consultation with the various registrars
  • Preparation of daily, monthly and quarterly reports
  • Streamlining of current administration procedures and ensuring that the laid down policies are implemented correctly
  • Setting up of client database to consolidate relevant information and where necessary follow up of clients to update bank records and acquire specific information on clients such as business performance, market information and general business data
  • Initiate client visits both for existing clients and for potential clients to explore the possibility of business development
  • Presenting financial and related information and analysis in reports new credit facility applications
  • Arranging for securities required by the Bank to be perfected
  • Managing CDSC departments’ staff and coordinating their activities, which includes supervising, appraising and identifying their development and training needs
  • Daily assisting clients in opening of CDSC accounts, transferring of shares from brokers
  • Pledging of shares among brokers, banks and the client
  • Assisting and advising client during initial public offers on filling forms and especially the ways for securing loans for the purchase of shares
  • Assisting clients in immobilization of shares certificates
  • Making follow ups for clients among CDSC, Registrars, Banks and other brokerage firms
  • Advising clients on what to buy from the market as well as executing their orders in the shortest time possible.

Education

01.2018

01.2012

01.2010

01.2009

01.2009

01.2009

01.2009

01.2008

01.2008

01.2008

01.2008

01.2008

01.2008

Skills

  • Analytical and Report Writing: Work experience in the areas of investment, on advising what to buy and at time or sale so us maximize on their returns
  • Communication Skills: Constant communication with clients and colleagues on their investment and follow up of client complaints
  • Team Player: Worked as part of a team to help set up the CDSC Department in Head office CFC Financial Services Enjoy playing various team sports including football and basketball
  • Self driven: Helped in setting up an independent CDSC Department Working overtime especially during IPOs

Accomplishments

Professional, Experience in Forex trading, Bond Trading stock broking and custodial services.

Key Qualifications

  • 2010 - to date, Jomo Kenyatta University of Science and Technology (JKUAT), Masters of Science in Entrepreneurship
  • 2001 - 2005, University of Nairobi, Bachelor of commerce - Finance option - 2nd class honors upper division
  • 01/1996 - 11/1999, Moi High School, Kabarak, B (plain)
  • 09/2004 - 10/2007, Computerized Accounting

Ongoing Education

Masters of Science in Entrepreneurship, Jomo Kenyatta University of Science and Technology (JKUAT)

Salary

295000

Personal Information

  • Expected Salary: 300,000.00
  • Date of Birth: 07/28/80
  • Nationality: Kenyan
  • Marital Status: Married

Contacts

0722 754394, koechyegon@yahoo.com, koechyegon.dy@gmail.com

References

  • Duncan Njogu, Stanbic Bank, +254 0721526718, wanjohiduncan@gmail.com
  • Felix Ochieng, STANBIC Bank, +254 0722748707, felixticha@gmail.com
  • Mr. Kipngetich Bett, Image Registrar, +254 0722 512841, kakbett@image.co.ke

Extracurricular Activities

Sports, Playing squash, table tennis, football, basketball and swimming Watching all major sports, especially the English football league Past, Participated in the Presidential Awards scheme in High School. I was a committee member of the Wildlife Club in high school Other interests and hobbies, Current Affairs, Reading, Traveling

running, hiking

running to keep fit, hiking mountains

Timeline

Treasury Money market and Sales Dealer

Moriental Bank Limited
01.2018 - Current

Forex and Money Market Dealer

Imperial Commercial Bank Limited
08.2010 - 12.2017

Head of Dealing

African Banking Corporation (ABC)
01.2008

Head of Custodian

ABC Capital
01.2007

Senior Officer

CFC Financial Services
08.2005 - 12.2007

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Daniel Yegon