Job Vacancies at Sovereign Finance Limited

To contribute meaningfully to Business development strategy of the Company in Liability generation and Risk Asset sales through deployment of outstanding relationship management and selling skills.

Key Accountabilities:

• Design yearly and revised quarterly Strategic Plan for Manufacturing, Transport & Logistics Department, aimed at contributing to the achievement of overall Corporate goals.
• Strategy implementation with a view to realising set targets from time-to-time.
• Achieve company's objective in revenue generation through aggressive mobilisation of Deposits and creation or risk assets.
• Providing leadership in co-ordinating cost profile of the Division with adequate attention on Cost of Funds.
• Providing overall leadership for Manufacturing, Transport & Logistics Department with a view to engender buy-in of subordinate staff into the culture of the Company and fostering teamwork necessary for actualisation of business objective.

Key Performance Indicators

• Consistently meeting Department’s assigned Liability target in absolute Naira Terms.
• Consistently meeting Liability target across product lines for the Department.
• Consistently meeting Department’s Loan target across different Loan portfolio of the Company.
• Meet Liability Target at agreed maximum cost of fund for a given performance appraisal period.
• Meet Risk Asset target at a minimum pricing threshold for a given performance appraisal period.
• Increase Customer’s headcount for the Department within agreed target for the period under review.
• Significantly retain new Customers for the Department through effective  relationship management, evidenced by number and volume of Accounts rolled over.

Key Competencies:

• Number and value of major accounts signed on
• Low cost of funds
• Customer retention
• Business volume growth rate: deposits, loans, fees
• Revenue growth
• Direct costs
• Customer satisfaction levels

Qualification

• Bachelor’s degree in Accounting, Banking & Finance or equivalent
• A Post graduate degree in Management or Professional qualification is an added advantage

go to method of application »

Maintain and build relationships with the view of making the company, the No.1 preferred Finance Company in  the Public Sector across Nigeria

Job Responsibilities:

• Build and manage relationships with clients in the public sector
• Ensure business development and overall management of the portfolio of the division
• Ensure cross selling of the company’s products in the public sector
• Draw up work schedules for identifying and marketing prospective customers and maintain good business relationships with current and prospective customers
• Monitor and ensures customers’ compliance with credit agreement
• Provide first level controls for transactions emanating from the department
• Take high level meetings with prospects in the public sector
• Prepares the group’s annual budget for consolidation and incorporation into the company’s budget

Key Competencies:

• Number and value of major accounts signed on
• Low cost of funds
• Customer retention
• Business volume growth rate: deposits, loans, fees
• Revenue growth
• Direct costs
• Customer satisfaction levels

Qualification

• Bachelor’s degree in Accounting, Banking & Finance or equivalent
• A Post graduate degree in Management or Professional qualification is an added advantage

go to method of application »

• Progressive Improvement in the organization’s risk management/control systems
• Reduction in fraud related activities throughout the organization
• Proactive risk identification in business processes and technology
• 4. Review and design/building of controls in fraud impacting systems and business processes across SFL.
• 6. Quality of control recommendations/improvements.

Key Competencies:

• Broad understanding of all key areas of the Finance industry and associated potential risks.
• Detailed knowledge across Liability and Risk Assets Products
• In-depth understanding and knowledge of risk categories risk practitioners and trends in risk management
•  Knowledge of, and ability to conduct risk control assessment and prepare comprehensive risk management plans for the organization.
• Ability to understand and interpret financial information and risk principles.
• Excellent presentation, facilitation, communication and inter-personal skills.

Key Responsibilities:

• Improve the effectiveness of risk management in SFL.
• Assist management with integrating risk management with the strategy development process.
• Define SFL's risk management strategy, enterprise risk management framework and establish guidelines for the development and implementation of supporting policies and procedures.
• Establish, communicate and facilitate the use of appropriate risk methodologies, tools and techniques.
• Champion the design and development of control frameworks for SFL's processes and systems as a key enabler to achieving the business objectives of the organization.
•  Work with business departments to establish, maintain and continuously improve risk managements capabilities and improve oversight regarding the major risk categories (Credit risk, Liquidity risk and Operational Risk) with consideration for regulatory and internal controls.
• Review and monitor new products to ensure effective controls are in place.
•  Oversee the standardization of control processes and practices as well as the application of relevant control tools and techniques within the bank.
• Provide an independent view regarding proposed business plans and transactions.
• Develop risk management capabilities within the organization.

Qualification:

• Bachelor’s degree in Accounting, ACA Qualified
• A Post graduate degree in Management or Professional qualification is an added advantage
• Minimum of 15 years work experience in Finance Industry with 5 years in a similar role

go to method of application »

Job Summary:

• Manage and provide strategic leadership and oversight to the asset management division.
• Manage asset portfolio consisting of securities, money and other financial products on behalf of institutional, corporate and private clients.
• 3. Formulate and facilitate the implementation of strategies which contribute to the company’s profitability.

Key Competencies:

• Strong ability to interpret financial and economic data.
• Good financial advisory skills and strong knowledge of funds/investment management products.
• Strong analytical and quantitative skills.
• Good knowledge of financial services industry.
• Client-focused attitude and ability to work well under pressure
• Strong communication and interpersonal skills.
• High sense of responsibility, accountability and dependability.

 Key Responsibilities:

• Oversee the provision of portfolio management and professional investment advice to HNI's, Corporates investors
• Ensure portfolios are managed within risk tolerance limits whilst complying with client guidelines/restrictions.
• Build and manage relationships with clients.
• Monitor key client investments and give proactive suggestions to enhance portfolios.
• Keep abreast of advances and trend in global wealth management practices and adapt that knowledge in developing and delivering portfolio management solutions to key client segments of HNI's Corporates
• Co-ordinate the management and development of the department by leading marketing and proposal efforts focused, on key client segments.
• Prepare the department's budget and ensure its effective implementation.
• Provide day-to-day guidance and direction in the execution of the department's functions and activities.

Qualification:

• BSC in Finance related course, additional qualification (MBA, CFA) will be an added advantage
• Minimum ten (10) years’ experience, last three (3) years in a similar role