Treasurer MBA / MSc / MA Job
2024-07-04 11:35 Accounting / Financial Services Lagos 88 viewsJob Details
Job Description
We are seeking to hire a Treasurer who will ensure that the bank’s liquidity and funding are safeguarded; business, market & financial risks and cost element are identified and effectively managed in accordance with the banks policies and strategic objectives. Drive the generation of low-cost liability; maintain leadership position in money market, bonds, foreign currency and treasury /bills market. Become a destination bank for foreign portfolio investors. Effectively and efficiently manage the banks’ balance sheet position and substantially contribute to the financial performance of the bank
Responsibilities & Requirement
A first degree or its equivalent in any discipline and relevant professional certifications e.g. ACI, or Treasury Dealership Certificate.
Post graduate degree such as MBA or professional qualification in Accounting, FCA, ACA
A certificate Qualification in Treasury Management such as Chartered Financial Analyst or Treasurer Dealership Certificate is compulsory
Minimum of 15 years post-graduation experience out of which 8 years must have been spent in treasury related function.
Formulate and monitor strategies, including analyzing and defining goals and targets for the treasury department.
Supervise activities of the Treasury department.
Define rates and prices for the bank’s treasury products.
Advice treasury products price and rates to internal and external customers.
Direct efforts to increase profitability through commissions and fee incomes on investments.
Ensure optimum management of the bank’s balance sheet.
Ensure the bank’s liquidity position is robust at all times.
Oversee the research of and process to identify new business opportunities.
Coordinate and manage relationships with external customers of the Treasury department and communicate new and current investment products to clients.
Ensure compliance, with regulatory requirements in the department.
Ensure reports for regulatory authorities and management are prepared in time.
Participate in various management meetings e.g. Asset & Liability Committee (ALCO).
Perform other duties as assigned by the Executive Director, Corporate Banking & Treasury
Identify and manage business risks from both a customer and bank perspective by ensuring that appropriate control mechanisms are in place to minimize risk exposure.
Mandatory knowledge of Accounting, Finance, Economics and business modelling.
Excellent numerical skills & Knowledge & Understanding of the local & global financial markets.
Excellent customer relationship development/Management.
Good negotiation and social skills & Creative and innovative mindset.
Knowledge and understanding of the bank’s products.
Minimum of 5 years practical experience in screen-based dealing and two-way quoting system in financial instruments transactions.
Good knowledge of product development.
Excellent relationships with the regulatory authorities.
Knowledge of money center’s domestically and globally