Treasurer at United Bank for Africa Plc (UBA)

United Bank for Africa Plc (UBA) is one of Africa's leading financial institutions, with operations in 19 African countries and 3 global financial centres: London, Paris and New York. From a single country organisation founded in 1949 in Nigeria, UBA has grown to become a Pan-African provider of financial services with over 11 million customers, through close to 1000 business offices and touch points globally.

We are recruiting to fill the vacant position below:
 
Job Position: Treasurer
Reference No: TRN001
Job Location: Lagos Island, Nigeria
Job Functions: Analytics,Banking   
Industries: Accounting & Auditing, Banking / Finance & Investment, Financial, Services, Investments

Specification

• Proprietary trading, exchange Income generation and exceeding profit targets
• Selling the banks treasury products
• Development of Hedge products for the subsidiary and its customers
• Maximize return on investments by exploring available instruments that are within the Bank’s risk exposure guidelines
• Source and meet customers’ foreign exchange requirements by providing a competitive price and excellent service
• Develop and Implement an Effective Liquidity Management Strategy
• Establish procedure for monitoring risks, ensuring adherence to delegated/approved limits, for liquidity credit and market risk parameters and proper risk reporting
• Structure interest rate risk to protect the Bank's earnings against adverse rate movements, while exploiting profit opportunities incurring acceptable risk
• Build and maintain a foreign currency sales capability to service the Bank’s customer needs efficiently and profitability
• ALCO reporting and implementation of strategies and directives
• Maintain prudent liquidity in support of the Bank's business needs, while investing excess funds effectively and profitably
• Ensure that all aspects of Treasury are conducted within the letter of all applicable laws, regulations and procedures within the region
• Balance sheet management
• Liquidity management
• Develop and Implement an effective Liquidity Management Strategy
• Create new business relationships
• Risk Measurement, Reporting, Monitoring and Control of the Treasury & Securities in line with the group’s business goals, objectives

Requirements

• First degree in a numerate discipline
• A postgraduate degree in a business/finance course or professional qualification (ACA, ACCA, CFA)
• Knowledge of derivatives products
• Knowledge of money market operations
• Knowledge of foreign exchange operations
• Knowledge of financial markets
• Knowledge of the workings of the economy