United Bank for Africa Plc (UBA), Africa's leading financial institutions, with operations in 19 African countries and 3 global financial centres: London, Paris and New York is recruiting to fill the vacant position below:
POSITION : Treasurer
Specification
- 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
- 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
- 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
Sorry the application deadline for this job has elapsed
