Treasury & Banking Executive at Sovereign Finance Limited

Location: Victoria Island, Lagos

Job Description

• Monitoring and managing the organisation's bank relationships and liquidity management
• Managing foreign currency exposure and foreign currency payments
• Analysing various scenarios and risks and reporting to senior management
• Forecasting of medium and long- term funding and hedging requirements (if applicable)
• Daily cash management
• Debt facilities management
• Interest rate risk management and development of risk mitigation strategies
• Foreign exchange risk management and development of foreign exchange risk mitigation strategies
• Allocates cash balances, maintains investment records, and prepares expense and earnings forecasts
• Ensures policies and procedures meet the organization's objectives, needs, and regulatory body requirements.
• Determine procurement of funds and monitors investments and collections.

Key Performance Indicators

• Cash visibility percentage estimation
• Percentage of payments succeeding first time
• Funding buffer
• Cost of funds performance
• Investment portfolio liquidity
• Hedge ratio
• Retrospective hedge effectiveness.

Requirements

• Candidates should possess a Bachelor's Degree qualification
• Candidate must Possess minimum of 7 years experience in a similar role in a Financial Institution.