Treasury Sales Officer at Beacongate Limited

Job Summary

• Monitor and manage bank-wide flow of funds to ensure operational liquidity and offer prudent and efficient Asset and Liabilities Management solutions to the Bank.

Principal Duties and Responsibilities

• Review the Bank’s asset and deposit liability mix and identify/recommend alternative investment vehicles that will help optimise the Bank’s asset and deposit liability portfolio.
• Monitor Asset portfolio and obligations such as pledges, placements and securities holdings.
• Assist to promote treasury products and provide treasury advisory services to corporate customers.
• Work on business units' referrals and structure tailor-made products /solutions to suit both customers' hedging and investment needs.
• Management of money and financial risks in a business.
• Ensure the business has the money it needs to manage its day-to-day business obligations.
• Identify and monitor the Bank’s exposure to interest rate and liquidity risk.
• Help develop long-term financial strategies and policies.
• Provides a means for an organization to effectively manage its liquidity.
• Minimize risk exposure and maximize the efficient use of resources.
• Review future liabilities for cost minimization.
• Identify and monitor the Bank’s exposure to interest rate and liquidity risk.
• Work closely with the Head, Treasury Sales / Enterprise Risk Management Unit on developing funding and contingency plans.
• Manage Money Market database.
• Generate reports using vendor models and available internal systems and monitor results against internal guidelines and Board approved limits.
• Prepare reports (rate risk analysis, money market reports, ALCO minutes etc.) to be presented at the Asset/Liability Committee (ALCO) meeting and circulated as appropriate.
• Recommend strategies in compliance with the relevant regulatory provisions, for maintaining an optional balance between liquidity and profitability.
• Monitor and manage bank-wide flow of funds (daily, weekly, monthly, quarterly and yearly) to ensure operational liquidity.
• Carry out daily environmental scans to aid dealers’ decisions.
• Prepare all relevant documents required by management from the Treasury Department (such as annual budget showing capital & Operating Expense as well as Treasury Income Report).
• Develop and manage fund transfer pricing system for fund allocation and interest rate risk management.

Qualifications, Competency & Skills Required

• Minimum of First Degree in a relevant discipline such as Accounting, Finance, Mathematics, Engineering or other quantitative disciplines.
• Relevant professional certifications such as ACCA, ACA, CFA, ACI, CTP and/or a second degree are added advantages.
• Minimum of 5 years’ experience in Banking or Financial Services industry.

Key Performance Indicators:

• Fund sourcing: Level / amount of cheap funds sourced for the Bank from Portfolio and Asset Management Companies.
• Profitability: Level of profitability from all transactions.
• Counter parties: Level of appropriateness of the Banks portfolio mix at all times.

Competence:

• Knowledge of Jubilee Life Mortgage Bank’s structure policies, processes and procedure.
• Knowledge of the Banking industry.
• Knowledge of the Mortgage Industry.
• Asset and Liability Management.
• Cash Management.
• Financial Markets Analysis.
• Investment Management.
• Knowledge of Banking Operations.
• Knowledge of Derivatives Trading.
• Knowledge of Treasury Operations.
• Knowledge of Banking Strategy.
• Knowledge of Financial Instruments.
• Knowledge of Financial Markets.
• Knowledge of Foreign Exchange Market and Operations.
• Knowledge of Heritage Bank’s Treasury Products.
• Macro and Micro Economics.
• Money Market Trading.

Skills:

• Business Environment Analysis.
• Credit Analysis.
• Deal Structuring.
• Financial modeling.
• Financial Statement Analysis.
• Forecasting Skills.
• Gap Analysis and Gap Management.
• Liquidity Management.
• Marketing Skills.
• Numeracy.
• Process Improvement.
• Project Management.
• Proposal Writing.
• Risk Management.
• Analytical Skills Ability to use MS Office Applications (MS Word, MS Excel, MS).

Candidate Abilities & Personality Profile:

• Adaptability.
• Attention to Details.
• Building Effective Teams.
• Coaching.
• Communication Skills (Oral and Written).
• Customer Focus.
• Emotional Intelligence.
• Interpersonal Skills.
• Managing Relationships.
• Managing and Measuring Work.
• Motivating Others.
• Negotiation.
• Organising.
• Presentation Skills.
• Teamwork.
• Time Management.
• Timely Decision Making.

Location:

• Lagos, Nigeria; plus other locations as required.