Job Title:         Head, Treasury– Nigeria

Client:             Banking

Location:         Nigeria

Salary:             Competitive Salary Package + Benefits

Job Purpose(s)

Responsible for managing the bank’s liquidity profitably, whilst ensuring that the bank remains solvent and able to meet its present and future obligations. Also responsible for ensuring that the bank generates revenues from defined risk-taking activities in the various financial markets whilst adhering to the bank’s defined risk tolerance levels

Duties & Responsibilities

• Provides strategic direction on:

o          all trading and risk-taking activity across multiple asset classes

o          revenue generation and diversification of revenue streams from all treasury activities

o          the bank’s risk-taking framework in line with the bank’s overall risk appetite

o          the compliance of Statutory ratios/Limits

o          driving the bank’s market positioning with a view to establish the bank’s position as a financial market and thought leader

o          supporting treasury sales and relationship teams to ultimately drive customer treasury product activity

o          the attainment of Treasury’s revenue targets whilst efficiently managing the expenditure budget

• Develops and mentors talent within the team, build bench for the future
• Provides market feedback and market dynamics to the bank and customers
• Responsible for ensuring compliance with price risk limits as agreed with risk directorate
• Propagates the bank’s market positioning through advocacy and participation in relevant market developmental activities/ bodies
• Drives conduct and performance of all team members, in line with market best practice and norms
• Builds key relationships with all critical regulatory bodies
• Liaises with other internal customers – front, middle and back office
• Supports the front office SBUs with marketing calls on clients
• Ensures team members have thorough understanding of relevant bank policies
• Liaises with regulators on team’s behalf to drive market development and influence policy direction
• Responsible for the overall supervision of Treasury
• Complies with all Bank policies.

Challenges

• Competitive market environment
• Depth of the market and limited product breadth
• Dearth of experienced manpower
• Highly regulated markets

Key Performance Indicators

• Business growth
• Improved service excellence & growth of customer volumes
• Improved quality & efficiency in meeting regulatory & Bank’s compliance standards
• Improved staff productivity

Job Requirements

Education

Minimum Education:  

• First Degree in any discipline preferably business related, and additional qualifications such as MBA, ACA, and ACIB.

Experience

• Minimum experience – 10 years relevant experience

Key Competency Requirements

Knowledge

• Advanced knowledge of treasury products
• Advanced knowledge of Derivative products
• Thorough understanding of financial markets and market dynamics macroeconomics – domestic and international market awareness
• Advanced credit knowledge thorough knowledge of banking policies and regulatory matters, accounting, financial mathematics and modelling awareness of domestic and international market practices and conventions market risk knowledge

Skill/Competencies

• Excellent demonstrated trading skills
• Clear impassioned demonstrated risk taker
• Bold and assertive
• Strong Interpersonal skills
• IT and computer savvy
• Excellent communication and presentation skills
• A good mentor and possess strong leadership skills
• Strong reasoning and analytical skills
• A role model with a strong defined market persona
• Must be self-solution driven, proactive and have acceptable knowledge of the business environment
• Solid well-defined market persona