Team Lead, Settlements at United Capital Plc

Job Overview

• With the overall supervision of the Group Treasurer, the candidate will work with Head of Settlement for initial execution of Investments
• Execution includes approval processes, documented engagement with businesses and counterparties, deal confirmation, deal slip generation, investment confirmations, investment reconciliations and report generations, etc

Key Responsibilities

• Back up for Head of Investments
• Ensure proper supervision of Treasury Analyst
• Timely initiation of investments
• Ensure timely settlement of trades
• Ensure accurate computation of interest payments and ensure all interest payments due are paid or received.
• Ensure all requirements are in place before investment initiation (approvals, deal confirmation with business and counterparties)
• Effective management of Investments to maximize returns thereby generating income for the Businesses.
• Daily reconciliation of cash Investments
• Presentation at business meeting.
• Supervise Analyst on ALCO analysis.
• Daily reconciliation of securities. (business assets, collaterals from counterparties)
• Provide weekly status of Investment maturities for effective monitoring of the Investments.
• Accurate periodic reporting of cash and securities Investment positions to Businesses and the group
• Support Fund Managers in realizing their investment and liquidity objectives.
• Generating Group Investment reports that accurately capture Investment positions of each business.
• Ensuring Transaction Documents for all Investments across the entities are in place (Deal slips, Counterparty confirmation letters)
• Initiate Funds Transfer or securities to counterparties for investment and to Businesses as per Requests. This has to be done within TAT.
• Accurate filing/documentation of all transaction documents for easy reference and retrieval
• Ensure all securities are accurately captured in custody reports .
• Ensure custody charges are properly reviewed and paid on time.

Requirements

• A Business degree from a reputable university
• Possession of a professional qualification will be an added advantage

What Makes You a Great Fit:

• Strong written and oral communication
• Excellent appreciation of trends and advances in investment management.
• Proactivity
• Highly developed business and relationship management skills and demonstrated ability to cultivate productive business networks.
• Excellent analytical, problem solving and negotiation skills.
• Ability to multi-task and function effectively under pressure.